16 Jul 2017

West Bengal: FIR against Roopa Ganguly, police inquiry against Dilip Ghosh

An FIR has been lodged against BJP Rajya Sabha MP Roopa Ganguly and a police inquiry was initiated against state BJP President Dilip Ghosh for their utterances against the West Bengal government.
13 May 2017

Will Justice Karnan be the new Chief Minister of Tamil Nadu ?

For the police of two states hoping to arrest him, Calcutta High Court judge CS Karnan has remained untraceable. But a lawyer who reached the Supreme Court to file a petition to seek recall of his six-month jail term on Thursday said he was in Chennai. On Tuesday, the court had held the judge guilty of contempt and sentenced him to six months in jail. Justice Karnan went missing soon after.
10 May 2017

West Bengal cadre IAS officer Sanjay Mitra to be next defence secretary

The government on Wednesday approved the appointment of West Bengal cadre and 1982 batch officer Sanjay Mitra as the next defence secretary of the country.
He will get a fixed tenure of two years as the defence secretary.
Mitra, who was holding the charge of secretary in the ministry of road transport and highways till now, has been appointed officer-on-special-duty in the defence ministry and will assume charge on May 24 when incumbent G Mohan Kumar retires.
The defence ministry brought out its new procurement policy during Kumar’s tenure but without a key chapter on the strategic partnership model to identify Indian firms that can forge alliances with foreign defence contractors to build high-tech defence systems in the country.

Uttar Pradesh Highlights : Samajwadi Party leader’s nephew slaps officer on Duty

A nephew of UP legislative council chairman and SP leader Ramesh Yadav on Wednesday slapped a sub-inspector in a police station in Etah after he was held for allegedly assaulting hospital staffers who refused to give in to his demand for “VIP treatment”.

Bragging of his political links, Mohit Yadav, who was said to be in an inebriated state, was also caught on camera hurling abuses at the cops, prompting rival BJP to accuse the Samajwadi Party of suffering from “hangover” of power.

“Mohit Yadav is my name...,” said the 24-year-old, before slapping sub-inspector Jitendra Kumar in Etah. He was immediately arrested and charged with assault and obstructing an official from carrying out his duty.

Three separate FIRs have been registered against Mohit Yadav, Etah senior superintendent of police (SSP) Sathyarth Aniruddha said, adding that they will ensure the accused gets stringent punishment.
8 May 2017

Justice Karnan 'sentences' CJI, 7 other Supreme Court judges to 5 years rigorous imprisonment

Justice Karnan, who has been restrained from attending his office at the High Court delivered the order from his Kolkata residence against CJI JS Kehar along with Justices Diak Misra, J Chelameswar, Ranjan Gogoi, Madan B. Lokur, Pinaki Chandra Ghose, Kurian Joseph and R Banumathi.
Calcutta high court judge C S Karnan Monday evening ordered five-year rigorous imprisonment and a fine of rupees one lakh each for Chief Justice of India J S Khehar and seven other judges of the Supreme Court as “punishment for offences punishable under the Scheduled Caste/Scheduled Tribe Atrocities Act 1989 and Amended Act of 2015.”
If the judges failed to pay the fine, they would have to serve jail sentence for six more months.
Stating that “the judges had shown caste discrimination and hence had no locus standi to continue as Supreme Court judges, the order said that the fine amount has to be paid within a week to the National Commission, Scheduled Caste and Scheduled Tribes Constitutional body, at Khan Market, New Delhi.”
The order directed the Commissioner of Delhi Police to execute the order. “The accused are at liberty to approach Parliament,” it added.

Hudco IPO subscribed 63% on Day 1; retail portion subscribed 1.5 times

 HUDCO IPO was off to strong start with 63 per cent subscription on the first day of the issue. Meanwhile, the retail portion of HUDCO IPO got overwhelming response with 152 per cent subscription on day one. Analysts say the strong response from retail investors' category is due to the Rs. 2 discount given to this category. State-owned Housing and Urban Development Corporation Ltd (HUDCO) hit the primary market with its Rs. 1,200-crore initial public offer (IPO) on Monday, May 8, 2017. Through the HUDCO IPO, the government will divest a 10 per cent stake in the company. HUDCO's IPO will be open for three days through May 11, 2017. The IPO is priced between Rs. 56 and Rs. 60, and can be applied in lot sizes of 200 shares. 

Here are five things to know:

1) Incorporated in 1970, HUDCO is a wholly-owned government company with focus on housing and urban infrastructure finance in India. HUDCO primarily lends to urban infrastructure projects relating to water supply, roads & transport and power accounting for 69 per cent of the loan book. Housing Finance forms the remaining 31 per cent of its loan book. Analysts say both the segments have vast untapped opportunity in India, which provides potential growth opportunity for HUDCO to scale up its operations.

2) HUDCO has a loan book of Rs. 34,288 crore on net worth of Rs. 8,968 crore translating to a leverage ratio of 3.8 times. HUDCO's "unleveraged balance sheet" would help it boost its future growth without raising capital, Siddhart Purohit, banking analysts at Angel Broking said in a note.

3) As of December 31, 2016, HUDCO's gross non-performing assets (GNPA) stood at 6.8 per cent of total advances and its net non-performing assets (NPAs) were at 1.51 per cent. HUDCO's high NPA was due to large defaults from some of the private sector corporates in which it had exposure earlier. It's NPA from government sector is only 0.75 per cent. However, the company has substantially provided for the non-performing assets (provisioning coverage ratio of 72 per cent), which lends enough comfort on the loan book, said Angel Broking.

4) HUDCO reported a net profit of Rs. 811 crore on net interest income (NII) of Rs. 1,345 crore translating to earnings per share of Rs. 4 for FY2016. For the nine months ending December 31, 2016, the company had reported a net profit of Rs. 496 crore on NII of Rs. 1,104 crore. At the issue price band of Rs. 56-60, HUDCO's shares are valued at 1.25-1.35 times its December 31, 2016 book value, said angel Broking. The brokerage has a "subscribe" rating on the issue. "The company (HUDCO) is set to play vital role in Pradhan Mantri Awas Yojna (PMAY) under Housing for All (HFA) by 2022 and thus has bright prospects going forward," said domestic brokerage Motilal Oswal.

5) Further default on the obligations by borrowers may adversely affect the financial metrics of the company, which is a key risk in the business of HUDCO, say analysts. Social housing segment exposes the company to high NPA's in the future, analysts added.
6 May 2017

Kapil Mishra 'expose' LIVE: Arvind Kejriwal took 2 crore rupees from Satyendra Jain, says AAP's sacked minister


I could have been sacked before too. I was being praised initially by every AAP leader. There were no talks of me being sacked. Now the timing of the axe raises questions.

I trusted Kejriwal, whom I thought to be clean. There were several funding related issues in Punjab. I though Kejriwal would act on it. I had this trust in him since two years. But two days back, I saw Satyendra Jain giving 2 crore rupees to Arvind Kejriwal at his residence. How did Satyendra Jain get those cash? I asked Kejriwal to offer a apology. But Kejriwal is silent.

Was Kejriwal lying to the public of Delhi since 2015? Within one month of becming minister, I made a report agaisnt Sheila Dixit. When I wanted to meet the anti-corruption bureau, everyone knows what had happened. After writing the letter, I met Kejriwal. I am exposing after I was dismissed by the chief minister.
5 May 2017

Delhi school gas leak: 110 students take ill in Tughlakabad, hospitalised

As many as 200 students of Rani Jhansi School in Tughlakabad were admitted to four hospitals on Saturday after they fell ill due to gas leakage from a depot in southeast Delhi's Tughlakabad area.

The depot is located near a school in Railway Colony, Tughlakabad.

"Around 200 children have been admitted to 4 hospitals for treatment, no one is serious," said Romil Baniya, DCP South East.

"Situation normal now," he added.

Next on Baba Ramdev's retail hit list: McDonald's, KFC and Subway

 Baba Ramdev is planning to launch a fast food chain in a bid to take on MNCs like  KFC, McDonald's and Subway, as per a news paper report.

As the trend of using Make in India products is catching up, Baba Ramdev’s Patanjali is all set to double its revenue next year. Giving a tough competition to the foreign players in the fast moving consumers good (FMCG) space, company’s founder Ramdev aims to be the largest Swadeshi brand in the next year or two.

After creating a flurry in the fast-moving goods sector (FMCG), Baba Ramdev’s Patanjali is all set to double its revenue next year. Following the mantra of 'Make in India', the company’s founder Ramdev aims to be the largest Swadeshi brand in the next year or two.

Until now, the Indian FMCG market was mainly dominated by the multinational companies (MNCs). But, as the consumer base shifts to Patanjali brand, the company is confident to break the monopoly and is targetting revenue of Rs 20,000 crore in financial year 2017-18 (FY18).

The company is in the process of setting up mega production units at several places, including Noida, Nagpur, and Indore, which would take its production capacity to Rs 60,000 crore, from the existing Rs 35,000 crore


'Brutal' Nirbhaya rapists to hang; will sleep tonight, victim's father says

NEW DELHI: Badri Nath Singh will finally sleep tonight. For almost five years, Badri Nath Singh - the father of the young woman who was raped+ on December 16, 2012, and died of injuries 13 days later- had slept fitfully.

The Supreme Court today upheld the death sentence meted out to the four adult men in the December 2012 Nirbhaya gangrape and murder case. A three-judge bench of Justices Dipak Misra, R. Banumathi and Ashok Bhushan dismissed the rapists' challenge of the Delhi High Court verdict.

The Supreme Court judgement, as well as separate concurring judgements by Justices Misra and Banumathi, explained the reasoning behind the apex court upholding the death penalty, and said that if the brutal 2012 gangrape and murder did not fall under the rarest of rare category then "one may wonder what else would fall in that category."

Those convicts on the death row, Mukesh (29), Pawan (22), Vinay Sharma (23) and Akshay Singh (31), plan to file a review petition challenging today's Supreme Court verdic

3 May 2017

Political Love Story: Kerala MLA announces marriage with Thiruvananthapuram IAS officer on Facebook

The Kerala MLA announced his marriage with a woman IAS officer on his Facebook page. It comes as an unconventional love story when the people of Kerala have not seen a precedence of a politician marrying a bureaucrat.

A Congress MLA in Kerala is all set to tie the knot with a woman IAS officer.

K S Sabarinadhan, Congress MLA from Aruvikkara in Kerala announced his decision to wed Thiruvananthapuram sub-collector Divya S Iyer on his Facebook page on Tuesday.

Iyer, 32 and a 2014 batch IAS officer, is the Sub-Collector of Thiruvananthapuram, her home town. She is a medical professional who joined the administrative service.

The news of the unconventional couple is buzzing throughout the state.

Besides the social media post, he also unveiled his wedding plan at a function in his constituency as the gathering including women cheered the young MLA.

The wedding is likely to be held here next month, family sources said.

2 May 2017

Mallikarjun Kharge appointed as new chairman of PAC

The PAC has been chaired by eminent Parliamentarians like Atal Behari Vajpayee, Jyotirmoy Basu, PV Narasimha Rao and R Venkataraman.

The PAC is the oldest parliamentary committee that examines the accounts showing the appropriation of sums granted by Parliament for expenditure of Government of India and such other accounts of autonomous and semi-autonomous bodies.
The panel also examines the reports of Comptroller and Auditor General of India (CAG) on a range of subjects such as Civil, Defence, Posts, Railways, Taxation, and performance appraisals of various centrally-sponsored schemes.
The PAC has been chaired in the past by eminent Parliamentarians including Atal Behari Vajpayee, Jyotirmoy Basu, H N Mukherjee, P V Narasimha Rao and R Venkataraman.

AAP pacify's Kumar Vishwas, suspends MLA Amanatullah Khan

Updated on 4/05/3017 at 9:28 AM

AAP managed to pacify a vocal and defiant Kumar Vishwas on Wednesday by suspending Okhla MLA Amanatullah Khan, whose public attack on the former had precipitated the crisis, and appointing Vishwas in-charge of Rajasthan. The MLA had earlier been forced to resign from AAP's political affairs committee to placate Vishwas.

Kumar Vishwas was accused this week of plotting a coup to overthrow Arvind Kejriwal as AAP chief. New Delhi: Highlights. Kumar Vishwas allegedly in search of bigger role in AAP; Claims other party leaders are maligning him;

WIDENING THE rift within the party, senior AAP leader Kumar Vishwas on Tuesday alleged that there was a “conspiracy” against him and said he would take a decision “in a day”, triggering speculation about his possible exit from the party. The AAP leadership maintained that they had reached out to Vishwas and urged him to “raise his concerns regarding the party’s electoral losses within the party forum” but he “continued to make public statements” instead.

1 May 2017

Yogi Adityanath refuses to meet Gayatri Prajapati's family

LUCKNOW: Uttar Pradesh chief minister Yogi Adityanath on Monday refused to meet the family of jailed rape-accused former minister Gayatri Prajapati at his residence here, according to family members of the SP leader.

The high court administration suspended the judge for granting the bail and ordered a departmental inquiry.

Considered close to SP patriarch Mulayam Singh Yadav, Prajapati failed to walk out of jail as he was sent to judicial remand in two other cases.

27 Apr 2017

BJP's tactical moves evident in Shah's itinerary

 Amit Shah's  visit to West Bengal was a symbolic warning to Mamta Banarjee. In reply to Amit Shah's statements Mamta Banrjee roared saying she was not scared of the BJP's threat to "put Trinamool Congress in jail" and vowed to "capture Delhi." 

 She was responding to BJP chief Amit Shah's targeted attack on her and her party during a two-day visit to the state aimed at rapidly expanding his party's footprint in West Bengal, where it has so far had limited political presence. Mr Shah has handed his Bengal BJP team the task of uprooting the ruling Trinamool Congress by 2019.

The BJP chief challenged Ms Banerjee directly on her turf. After visiting Naxalbari in north Bengal, where he ate lunch sitting cross-legged in the tin-roofed hut of farm worker Geeta Mahali, Mr Shah went to Mamata Banerjee's assembly constituency Bhawanipore in south Kolkata and visited three homes in a slum. He was greeted warmly by residents who showered him with flower petals and offered him sweets.

Sushma calls on Cyprus President

New Delhi: Just days ahead of the Turkish President Recep Tayyip Erdogan’s visit to India, New Delhi has pledged continuing support to the unity and integrity of Cyprus, whose President Nicos Anastasiades is currently on a five-day visit to India. India also said it was “aware” of Turkey’s close ties with Pakistan but said Indo-Turkish ties stand on their own strength.

External Affairs Minister Sushma Swaraj on Friday called on Cyprus President Nicos Anastasiades for an offical meeting.

“Intensifying cooperation with Cyprus. External Affairs Minister Sushma Swaraj calls on President Nicos Anastasiades, discusses areas of bilateral cooperation,” ministry spokesperson Gopal Baglay tweeted.

Earlier, President Pranab Mukherjee and Prime Minister Narendra Modi received Anastasiades who was accorded a ceremonial welcome at the Rashtrapati Bhavan here.

The visiting guest was given a ceremonial guard of honour at the forecourt of the Rashtrapati Bhavan.

Anastasiades also paid tributes to Mahatma Gandhi at Rajghat and described him as “spiritual leader of Cyprus and inspiration for its freedom struggle”, Baglay said in a tweet.

The Cyprus President will hold delegation-level talks with Modi. The two sides are also expected to sign some bilateral agreements.

Anastasiades, who arrived in Mumbai on Tuesday, will depart from New Delhi on Saturday.

This is his first visit to India since he became the President in 2013.

Cyprus, the eighth largest foreign investor in India, has cumulative Foreign Direct Investment of above $8.5 billion in areas of financial leasing, stock exchange, auto manufacture, manufacturing industries, real estate, cargo handling, construction, shipping and logistics.

Veteran Actor Vinod Khanna Dies at 70 After Battle With Cancer

New Delhi: Veteran actor and sitting BJP MP Vinod Khanna passed away at the age of 70 on Thursday after a difficult battle with cancer.

The actor, who was part of several Bollywood hits like Amar Akbar Anthony and The Burning Train, was admitted to the HN Reliance Foundation and Research Centre in Girgaon, Mumbai recently.

A photo of the actor in which he looked frail and a shadow of his former self had shocked his fans and many in the film fraternity.

Vinod Khanna, a sitting Bharatiya Janata Party MP from Gurdaspur district of Punjab, was born on 6 October, 1946. He was seen in 141 films between 1968 and 2013.
25 Apr 2017

Yogi govt cancels 15 holidays on VIPs' birth, death anniversaries

The Uttar Pradesh government cancelled 15 state-specific public holidays that were being observed to mark birth and death anniversaries of historical figures, political and religious leaders.

Currently, government servants in the state are entitled to a potential 180-odd holidays and leaves. This translates to six months of holidays, including 104 weekends, 40 public holidays, restricted holidays, earned and medical leaves.

At an event to mark the birth anniversary of BR Ambedkar on April 14, Chief Minister Yogi Adityanath had expressed displeasure at the huge number of public holidays in the state. Nearly all of these holidays were declared in the last decade and a half.

The UP cabinet on Tuesday cancelled 15 of these public holidays. But national holidays will continue to be observed in the state.

The cabinet decided to cancel the public holiday to mark the birth anniversary of former Bihar chief minister Karpoori Thakur, obverved on January 24. Interestingly, his birth anniversary is not a public holiday in Bihar.

Some of the other holidays cancelled are: Maharshi Kashyap and Maharaj Guna anniversary observed on April 5, Cheti Chand, or Sindhi new year (in 2017 observed on March 29), Khwaja Moinuddin Chishti’s anniversary (observed on April 14); birth anniversary of former prime minister Chandra Shekhar on April 17; Rajput king Maharana Pratap’s anniversary on May 9; last Friday of Ramzan (to be observed this year on June 23); Maharaja Agrasen birth anniversary (September 21); Vishwakaram puja (to be observed in 2017 on September 17); Mahrshi Valmiki jayanti; Chhath festival (October 26); Sardar Vallabhbhai Patel and Acharya Narendra Deva birth anniversaries on October 31; Id-e-Milad, or the Prophet’s birthday (to be observed in 2017 on December 2); and former PM Chaudhary Charan Singh’s birth anniversary on December 23
19 Apr 2017

India’s privileged VIP culture shaked

During the Cabinet meeting, Prime Minister Narendra Modi is learnt to have announced that Rule 108 (I) and 108 (II) of the Motor Vehicles Act, which allow central and state governments to permit red beacons for dignitaries, would be scrapped.

Every Indian is a VIP and the culture of beacon should have gone long ago, PM Modi said on twitter. ... He was responding to tweets on red beacon decision

Prime Minister Narendra Modi has decided to shake up India’s privileged VIP culture, most notably symbolised by flashing red beacon lights on top of vehicles, by scrapping a rule that allowed the Central and State governments to nominate dignitaries who could use such lights.

Moreover, States are also being stripped of their power to specify persons whose vehicles can use blue flashing lights. Effective May 1, only emergency services vehicles such as ambulances, fire engine trucks, and police vehicles will be allowed to use blue lights. Red lights will not be permitted on any vehicle. Private vehicles will not be allowed to use either red or blue lights.

Advani, Joshi, Bharati and others to face trial for Babri conspiracy

The Supreme Court on Wednesday revived the conspiracy charge in the Babri Masjid demolition case against BJP and VHP leaders including L.K. Advani and Murli Manohar Joshi, triggering calls for the resignation of Kalyan Singh and Uma Bharti.

After the court verdict, Prime Minister Narendra Modi held a meeting at his official residence with senior cabinet colleagues including Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Information and Broadcasting Minister M. Venkaiah Naidu and Road and Transport Minister Nitin Gadkari where they are understood to have discussed the issue.

A senior party leader said that the several issues figured in the meeting including the situation in Jammu and Kashmir

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