Wealth of Chandrababu Naidu’s wife increased by over 535 crores after Lok Sabha election results
Hyderabad: Shares of Heritage Foods, a company founded by Telugu Desam Party (TDP) leader Chandrababu Naidu, have surged dramatically following the party's strong showing in both the Lok Sabha and Andhra Pradesh assembly elections. Over the past five days, the company's shares have skyrocketed by 55%, resulting in a financial gain for Nara Bhuvaneshwari, Chandrababu Naidu's wife and a major promoter of the company.
On June 3, just hours before the election results were announced, Heritage Foods shares were trading at ₹424. As of today, the share price has reached ₹661.25. This remarkable rise has increased Nara Bhuvaneshwari's wealth by ₹579 crore. Bhuvaneshwari is the top shareholder of Heritage Foods, holding 2,26,11,525 stocks according to data from the Bombay Stock Exchange (BSE).
Chandrababu Naidu founded Heritage Foods in 1992. The company, which has a presence in various Indian states, operates in two main business divisions: dairy and renewable energy. Heritage Foods is described on its website as "one of the fastest growing public-listed companies in India," with products available in Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharashtra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand, and Uttar Pradesh.
Nara Lokesh, Naidu's son, also benefits from the stock surge. Lokesh holds 1,00,37,453 shares of Heritage Foods, and his net worth has increased by ₹237.8 crore as a result of the recent rise in share prices.
The surge in Heritage Foods' stock price began shortly after the Lok Sabha election results started coming in on June 4. The TDP won 16 out of the 17 seats it contested, playing a crucial role in the National Democratic Alliance (NDA) securing a victory in the elections. The NDA won 293 seats in the 543-member Lok Sabha, with the BJP, which previously held a majority, securing only 240 seats, falling short of the 272 needed to form a government independently.
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UP: Govt hospital staff booked for sexually assaulting woman in pretext of ultrasound test
Gorakhpur (PTI): A hospital employee was booked for allegedly sexually assaulting a woman in the pretext of an ultrasound test here in the district women's hospital, police said on Saturday.
According to the complaint, the woman, a resident of the Gulriha area, visited the district women's hospital on Thursday morning for an ultrasound test.
She was directed to a room, where Abhimanyu Gupta was conducting ultrasounds. When her turn came, the accused allegedly stared at her and told her to remove all her clothes, claiming it was necessary for the test and that a massage would also be required, she said.
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The woman alleged that once she complied, the accused began making obscene advances and tried to force himself on her. When she screamed, he allegedly gagged her, abused her and threatened to kill her before pushing her out of the room.
She said her complaints within the hospital went unheard, forcing her to approach the police.
Taking cognisance of the complaint, the hospital administration constituted a three-member inquiry committee, officials said.
Senior consultant (paediatrics) Dr Jay Kumar said, "The woman has levelled serious allegations against a staff member. Senior officials have been informed, and a departmental inquiry is underway. Strict action will be taken if the charges are proved."
Kotwali Station House Officer Chatrapal Singh said a case has been registered, and efforts are on to nab the accused.
