Senior Congress leader Thalekunnil Basheer passes away
Thiruvananthapuram (PTI): Senior Congress leader and former legislator and parliamentarian, Thalekunnil Basheer, passed away on Friday morning, family sources said.
Basheer was 79. "He left us early Friday morning at his residence in Vembayam," a senior Congress leader said.
The senior leader was under treatment for heart-related ailments for the past five years.
Basheer was elected to the Lok Sabha twice from Chirayankeezhu constituency. He was also a Rajya Sabha member twice. He was elected to the state Assembly in 1977 from Kazhakkoottam constituency but later resigned to enable senior leader A K Antony contest from there.
Kerala Chief Minister Pinarayi Vijayan condoled the demise of Basheer and said he upheld the values of Congress politics.
"Basheer used to intervene in the issues affecting the public and upheld the general interest of the society," Vijayan said in his condolences message.
Senior Congress leaders also condoled the demise of Basheer who was an executive member of KPCC for decades.
The body of senior Congress leader will kept at the KPCC office for the public to pay homage and will be laid to rest later.
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Mukesh Ambani, Gautam Adani out of Bloomberg $100 billion club amid business setbacks
Mumbai: Reliance CMD Mukesh Ambani and Adani Group chairman Gautam Adani, two of Asia's wealthiest individuals and India's richest billionaires, have both left Bloomberg's $100 billion club for the year due to various business challenges.
The wealthiest people in India, however, saw an increase in their net worth overall. Since January 2024, the top 20 have gained $67.3 billion, with tech mogul Shiv Nadar ($10.8 billion) and Savitri Jindal ($10.1 billion) making the most gains, the report said.
Mukesh Ambani and Gautam Adani are both grappling with challenges that are affecting their business empires and personal wealth. As per the Bloomberg list, Ambani's personal fortune took a hit when the retail and energy divisions of his company underperformed. His wealth which stood at $120.8 billion in July, when his son Anant got married lavishly, dropped to $96.7 billion as of December 13, according to the Bloomberg Billionaire Index (BBI), which has investors worried about rising debt.
The issues are more serious for Adani. A US Department of Justice (DoJ) investigation is threatening his conglomerate and might halt any progress as uncertainty extends. According to the BBI, Adani's net worth dropped from $122.3 billion in June to $82.1 billion as a result of the November probe. Adani has also been hit hard by the Hindenburg Research investigation and allegations of fraud.
According to Bloomberg, Adani and Ambani are thus no longer members of the "elite centibillionaires club," which comprises those with wealth exceeding $100 billion.
