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You are here: Home / Archives for News & Politics / India

Swamy calls Adani ‘biggest NPA trapeze artiste’; group clarifies position

March 6, 2018 by Nasheman

New Delhi: BJP MP Subramanian Swamy on Tuesday dropped a bad loan bombshell on industrialist Gautam Adani, calling him the “biggest NPA trapeze artiste in PSUs”, but the group clarified that it had diligently and regularly serviced all its debt.

In a widely commented and shared tweet, Swamy said Adani, believed to be close to Prime Minister Narendra Modi, should be made accountable or he would file a Public Interest Litigation in the court for recovery of bank loans from him.

“The biggest NPA trapeze artiste in PSUs is Gautam Adani. It is time he is made accountable or a PIL is inevitable,” Swamy tweeted.”

“The singular critical test for debt is its regular servicing — something which the Adani Group has implemented diligently, since its inception,” the company clarified in an official statement.

It said the group’s dependence on public sector banks for long-term borrowings is less than 50 per cent at about Rs 34,000 crore and it is regularly serviced.

“Adani Group has created world class assets and aggregate net asset block of Indian operations stands at over Rs 110,000 crore. Aggregate net worth of the listed entities stands at over Rs 40,000 crore and aggregate EBITDA (earnings before interest, taxes, depreciation and amortisation) stands at Rs 24,000 crore,” the company statement said.

Over the last 20 years, Adani Group has created “world class projects” in the areas of port and logistics, power generation, power transmission, agri business, mining and renewable generation.

The company statement said it provides direct employment to over 11,000 people and contributes “significantly to the exchequer and the economy”.

However, according to Bloomberg data, as of September 2017, Adani Power had a total debt of Rs 47,609.43 crore, Adani Transmission Rs 8,356.07 crore, Adani Enterprises Rs 22,424.44 crore and Adani Ports Rs 20.791.15 crore.

The ports tycoon and his family’s net worth was believed to be $11 billion in 2017 — making him the 10th richest man in India, according to Forbes.

(IANS)

Filed Under: India

MEP’s Dr. Nowhera Shaikh takes a jibe at Modi, asks where is acche din?

March 5, 2018 by Nasheman

All India Mahila Empowerment Party’s (MEP) President Dr. Nowhera Shaikh on Sunday took a jib at PM Modi’s now infamous phrase and asked quippingly, where the PM’s promised achhe din is.

Dr. Shaikh was addressing party workers at an election rally in Bellary.

Dr. Shaikh also said that MEP is not just a party for Muslims, but for everyone, irrespective of their caste and creed.

She said the party is contesting elections to create an impact in people’s lives, and promised interest-free loans for taxi drivers and farmers of the state if they come to power.

Filed Under: India

Mohammed Nalapad moves High Court, hearing scheduled to March 7

March 5, 2018 by Nasheman

Bengaluru: Mohammed Nalapad Haris, who was arrested for assaulting a youth in a pub on February 17, moved Karnataka High Court on Monday demanding his bail which was rejected by the 63rd Sessions Court.

The court has revealed that the case will be heard on March 7.

Mohammed Nalapad and six of his friends were arrested after brutally trashing a 24 year old youth Vidwath. Vidwath was admitted at Mallya Hospital in a severe condition.

(Agencies)

Filed Under: India

BJP has highest percentage of criminal, ‘crorepati’ MLAs in Tripura

March 5, 2018 by Nasheman

New Delhi: The BJP has done it in abundance in Tripura — be it the number of seats or the number of candidates with serious criminal cases and the worth of assets, an analysis of the self-sworn affidavits of the newly-elected legislators showed on Sunday.

As many as 10 (29 per cent) out of 35 Bharatiya Janata Party (BJP) MLAs face criminal charges. Of these 10, eight face serious criminal cases such as attempt to murder or causing hurt to deter public servant from his duty, among other charges.

In comparison, one out of 16 MLAs of CPI-M (6 per cent) and one out of eight MLAs of Indigenous People’s Front of Tripura (13 per cent) have declared serious criminal cases against them, an analysis by the Association for Democratic Reforms (ADR) showed.

Overall, there has been a 100 per cent rise in the number of legislators with criminal cases as compared to 2013 assembly elections.

In 2013, six out of 60 MLAs (10 per cent) had declared criminal cases against them. In 2018, the percentage has risen to 20 per cent (12 out of 59 MLAs). Also, there were five out of 60 (8 per cent) MLAs with serious criminal charges against them in 2013, which has now risen to 10 MLAs out of 59 or 17 per cent.

In terms of wealth, 15 out of the 59 newly-elected MLAs are crorepaties (those with declared assets worth one crore rupees or more). In 2013, the number of crorepati (multi-millionaire) candidates was eight or 13 per cent.

Also, 13 of the 35 BJP MLAs (37 per cent), one out of 16 (6 per cent) from Communist Party of India-Marxist (CPI-M) and one out of eight (13 per cent) MLAs from IPFT have declared assets valued more than one crore rupees.

The top three MLAs with highest assets are from the BJP. They are Biplab Kumar Ghosh, Pranajit Singha Roy (both have total assets worth more than Rs 5 crore) and Dilip Sarkar (assets worth more than Rs 4 crore).

(IANS)

Filed Under: India

PMLA case: Lalu’s daughter Misa Bharti, husband granted bail

March 5, 2018 by Nasheman

New Delhi: A special court here today granted bail to RJD chief Lalu Prasad’s daughter Misa Bharti and her husband in a money laundering case.

Special Judge Arvind Kumar granted the relief to Bharti and her husband Shailesh Kumar, who appeared before the court in pursuance to summons issued against them, on a personal bond of Rs two lakh with a surety of a like amount each and directed them not to leave the country without prior permission of the court.

The two had moved bail applications. During the hearing, the Enforcement Directorate (ED) opposed the bail plea of the accused, saying they indulged in a “very serious” economic offence.

“Persons on such a post are committing such kind of activities which are totally against the nation,” ED counsel Atul Tripathi said.

The court asked if the probe agency had arrested the couple during the case investigation to which the ED replied in the negative.

This prompted the court to ask ED, “Why do you now want the court to take them in custody?”

The court had on February 8 issued summonses against Bharti, her husband and her firm Mishail Packers and Printers as accused in the case after taking cognizance of the charge sheet filed by the ED.

The ED had on December 23 filed its final report against Bharti and her husband Shailesh Kumar.

The agency had earlier attached a Delhi farmhouse of the couple in connection with its money-laundering probe.

The farmhouse, located at 26, Palam Farms in south Delhi’s Bijwasan area, was attached provisionally under the Prevention of Money Laundering Act (PMLA).

It belonged to Bharti and Kumar and was “held in the name of M/s Mishail Packers and Printers Private Limited”, the central probe agency had said.

“It was purchased in 2008-09, using Rs 1.2 crore involved in money laundering,” it had alleged.

The agency had raided the farmhouse and a few other locations in July last year as part of its probe against two brothers — Surendra Kumar Jain and Virendra Jain — and others, who were alleged to have laundered several crores of rupees using shell companies.

The Jain brothers, currently on bail, were arrested by the ED under the PMLA.

The ED had also arrested Rajesh Agrawal, a chartered accountant who had allegedly mediated and provided a cash amount of “Rs 90 lakh to the Jain brothers in advance so as to invest in M/s Mishail Packers and Printers Pvt Ltd as share premium”.

One of the firms that the arrested duo dealt with was Mishail Printers and Packers Pvt Ltd, according to the ED.

Bharti and her husband are alleged to have been directors in this firm in the past.

“The company, M/s Mishail Packers and Printers, was registered at 25, Tughlak Road, New Delhi till the shares were bought by Bharti.

“It was only during 2009-10 that the address was changed to Farm no. 26, Palam Farms, VPO Bijwasan, New Delhi. Bharti and Kumar were the directors of the company during the relevant period,” the ED had said.

The ED had alleged that the Jain brothers, Agrawal and the daughter and son-in-law of the former Bihar chief minister were the “key persons behind the laundering of Rs 1.2 crore”.

(PTI)

Filed Under: India

Bengaluru’s Govt Urdu School student wins KSCST essay contest

March 3, 2018 by Nasheman

Hafsa Khanum, a Class IX student of Govt Urdu School, Nagawara has won the science essay competition conducted by the Karnataka State Council for Science and Technology(KSCST), IISc Campus, Bangalore. She was awarded the certificate on the National Science Day held on 28th February at J.N Tata Auditorium.

Although the school has been functional for the past 28 years, this is the first time that a student of this school has participated in a competition and won.

Filed Under: India

Karnataka government launches universal health coverage scheme

March 3, 2018 by Nasheman

Bengaluru: The state government on Friday initiated its all universal health coverage scheme, “Arogya Karnataka.” All the present plans, for example, Vajpayee Arogyashree, Yeshaswini, Rajiv Arogya Bhagya and others would be brought under the newly launched scheme.

Ten government hospitals in the state have been chosen for executing the scheme in the first phase – KC General Hospital, Jayadeva Institute of Cardiovascular Sciences and Research and Victoria Hospital, all in Bengaluru; Mandya Institute of Medical Sciences, Mandya; McGann Institute of Medical Sciences, Shivamogga; Wenlock region doctor’s facility, Mangaluru; Karnataka Institute of Medical Services, Hubballi; Gulbarga Institute of Medical Sciences, Kalaburagi and Vijayanagara Institute of Medical Sciences, Ballari. All the administration clinics including public community centers would be secured under the plan by December 31.

The recipients will get a health card once they approach government clinics for treatment. The health card is issued based on the Aadhaar or ration card.

Chief Minister Siddaramaiah, who propelled the plan, said that issue of health card would be a nonstop procedure and thus individuals require not hold up in line to get it.

He added that patients need to first approach a government hospital for treatment. “They will be reffered to private hospital empanelled under the scheme if treatment isn’t available in government clinics.”

Health Minister K R Ramesh Kumar said that dialysis, CT scan and MRI facilities would be made accessible in all Taluk clinics and henceforth patients need not approach private hospitals to avail these facilities.

(Agencies)

Filed Under: India

Gauri Lankesh murder case: Special Investigation Team arrests Hindu Yuva Sene activist

March 3, 2018 by Nasheman

In a major breakthrough in the journalist-activist Gauri Lankesh murder case, a Special Investigation Team (SIT) carried out its first arrest on Friday afternoon.

KT Naveen Kumar, 37, who was arrested on February 18 by the Bengaluru police for illegal possession of bullets, has been named as the first accused in the case.

The SIT arrested KT Naveen Kumar, of Maddur in Mandya, after informing a magistrate’s court in Bengaluru that it had found evidence of his involvement in the murder of Gauri Lankesh in the course of the investigation of the illegal arms case for which he was arrested on February 18.

The SIT initially sought a warrant for the arrest of KT Naveen Kumar in the case – shortly after he was remanded to judicial custody in the illegal arms case – by citing voluntary statements given by a few of Kumar’s friends about his links to the Gauri Lankesh murder.

The SIT gave the court a sealed copy of a confession statement given by KT Naveen Kumar about his involvement in the murder.

Gauri Lankesh, 55, was shot down with a 7.65 mm country made pistol in the drive way of her home in west Bengaluru on the evening of September 5, 2017.

Lankesh, the Editor of “Lankesh Patrike”, was shot dead by an unidentified man wearing a helmet while the suspect who rode the motorcycle was also not identitfied.

Investigations by the SIT has unearthed CCTV footage of a man conducting a recce of the home of the journalist a few hours before her killing. The physical structure of the man found conducting the recce in the CCTV footage has a close resemblance to that of Kumar.

The Karnataka government had set up the SIT to probe the journalist-activist’s killing.

(Agencies)

Filed Under: India

Tension as boundary wall of UP religious structure found razed

March 3, 2018 by Nasheman

Lucknow: Tension prevailed in Unnao district of Uttar Pradesh on Saturday when a boundary wall of a religious structure was found razed.

Angry people protested the demolition in Bangarmau area this morning, but district civil and police officials reached the spot and pacified the protesters. A meeting of the ‘Peace Committee’ in the district was also called.

The wall has since been reconstructed in presence of Superintendent of Police Pushpanjali and other senior officials. Things are “normal” now, an official told IANS.

The police suspects the wall was razed late Friday night or early Saturday morning by inebriated youths celebrating Holi. Police said there were no eyewitnesses to the demolition.

Extra police has been deployed on the Bilhaur bypass in Bangarmau after the incident.

(IANS)

Filed Under: India

UNHCR’s programme to protect Rohingyas from elephant attacks

March 3, 2018 by Nasheman

Dhaka: The United Nations High Commission for Refugees (UNHCR) and the International Union for Conservation of Nature have launched an action plan to prevent Rohingya deaths from wild elephant attacks at a refugee camp that lies between Myanmar and Bangladesh.

At least 10 refugees, including young children, have been killed in such incidents at the Kutupalong Rohingya refugee camp, bdnews24.com reported.

The camp located along the migratory route between Myanmar and Bangladesh is used by the critically endangered Asian elephants, the UNHCR said in a statement on Friday.

The “tusk force” will install watch-towers at key lookout points around the settlement and organise an Elephant Response Team to raise an alarm if elephants enter the camp.

The programme will also set up elephant routes and corridors so refugees know what areas to avoid during an incident. It will also implement an awareness campaign regarding the risks.

The project is part of wider initiatives by the organisations to mitigate the environmental impact of the refugee camps in Cox’s Bazar.

(IANS)

Filed Under: India

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