Bihar polls: BJP likely to fight 170 seats, offer 73 to allies

September 11, 2015

New Delhi, Sep 11: The BJP has decided to contest 170 seats in the Bihar assembly polls -- a major chunk in the 243-member house -- leaving 73 seats for its three allies -- LJP, HAM and RLSP, sources here said on Thursday.

Bihar pollsA maximum of 40 seats was likely to go to Ram Vilas Paswan's Lok Janshakti Party, followed by 20 seats to Upendra Kushwaha's Rashtriya Lok Samta Party, and 13 seats to former chief minister Jitan Ram Manjhi's Hindustani Awam Morcha (Secular), according to informed sources.

Sources said the offer has not gone down well with Kushwaha and Manjhi, though they have publicly refrained from conveying their unhappiness.

Union minister Ananth Kumar, who is election in-charge of Bihar, held meetings with Kushwaha and Manjhi separately at his official residence here on Thursday and discussed the seat-sharing formula.

The meetings were also attended by the Bharatiya Janata Party's general secretary in-charge of Bihar Bhupendra Yadav.

According to sources, the BJP has decided a broad formula in which each party will have 6-7 assembly seats in its share for every parliamentary constituency in its kitty.

However, this was opposed by Manjhi as his party has no parliament member, and pitched for seats as per numbers in the present assembly.

Manjhi has 13 MLAs whereas Paswan has no members in the assembly.

As per the formula, the BJP, which has 22 MPs in Bihar, was likely to get around 170 seats.

Paswan's LJP with six MPs was likely to get around 40 seats and Kushwaha's RLSP with three MPs was likely to get around 20 seats.

The BJP has offered 13 seats to Manjhi as his party has 13 MLAs.

Sources said Kushwaha and Manjhi on Thursday got irked with the number of seats offered to them. However, they avoided to air their views in public.

Meanwhile, the RLSP authorised BJP president Amit Shah to take a final call on seat sharing.

"A letter has been written to Amit Shah that he should decide the seat sharing at the earliest. We hope that the BJP would do justice to the seat sharing, keeping all the parties in view. We will accept the decision taken by the BJP," Kushwaha said, soon after meeting Ananth Kumar.

"Whenever such talks take place, it takes time," he added.

Manjhi also reposed confidence in Prime Minister Narendra Modi and Shah.

"Whatever decision the prime minister and the BJP president take, it will be okay with us. We have decided that whatever is in favour of Bihar and the NDA, that route will be taken," said Manjhi.

Ananth Kumar said the decision over seat sharing between the BJP and its allies would be taken in the next 2-3 days.

"We are holding talks with our allies. The seat sharing will be very respectable. We will contest the elections together and will win it," he said.

According to sources, the seat sharing announcement will be made in Patna after convening a meeting of the NDA leaders in a day or two.

Polls to the 243-member Bihar assembly will be held in five phases starting on October 12 and ending on November 5. Counting of votes will take place on November 8.

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News Network
April 20,2020

London, Apr 20 : Embattled liquor baron Vijay Mallya, who is wanted in India on alleged fraud and money laundering charges amounting to an estimated ₹9,000 crore, today lost a High Court appeal in UK against his extradition order to India.

A consortium of Indian public sector banks led by the State Bank of India had sought a bankruptcy order against Mallya as part of efforts to recoup around GBP 1.145 billion of unpaid loans from Mallya.

The 64-year-old former Kingfisher Airlines boss had appealed to the High Court against his extradition to India at a hearing in February this year.

Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench at the Royal Courts of Justice in London presiding over the appeal, dismissed the appeal in a judgment handed down remotely due to the current coronavirus lockdown.

"We consider that while the scope of the prima facie case found by the SDJ [Senior District Judge] is in some respects wider than that alleged by the Respondent in India [Central Bureau of Investigation (CBI) and Enforcement Directorate (ED)], there is a prima facie case which, in seven important respects, coincides with the allegations in India," the judges ruled.

Earlier this month, the High Court in London had deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover their loan from him.

Justice Michael Briggs of the insolvency division of the High Court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka High Court be determined, allowing him time to repay his debts to the banks in full.

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Agencies
January 15,2020

Mumbai, Jan 15: The Reserve Bank of India (RBI) on Wednesday redistributed portfolios of Deputy Governors following the appointment of Michael Debabrata Patra to the post.

An official release said that NS Vishwanathan will handle co-ordination, Department of Regulation (DOR), Department of Communication (DoC), Enforcement Department, Inspection Department (ID), Risk Monitoring Department (RMD), and Secretary's Department.

BP Kanungo will look after Department of Currency Management (DCM), Department of External Investments and Operations (DEIO), Department of Government and Bank Accounts (DGBA), Department of Information Technology (DIT), Department of Payment and Settlement Systems (DPSS), Deposit Insurance and Credit Guarantee Corporation (DICGC), Foreign Exchange Department (FED), Internal Debt Management Department (IDMD), Legal Department (LD) and Right to Information (RIA) Division.

The release said that MK Jain will handle the Department of Supervision (DOS), Consumer Education and Protection Department (CEPD), Financial Inclusion and Development Department (FIDD), Human Resource Management Department (HRMD), HR Operations Unit (HR-OU), Premises Department (PD), Central Security Cell (CSC), and Rajbhasha Department.

Patra will look after the Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department including Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics & Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

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Agencies
May 10,2020

New Delhi, May 10: A medium-intensity earthquake of 3.4 magnitude hit Delhi on Sunday.

According to the National Center for Seismology (NCS), the quake occurred at 1.45pm at a depth of five kilometres.

There were no immediate reports of loss of life or property.

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