BJP sinks into silence after UP, Bihar bypoll defeat

Agencies
March 14, 2018

The BJP sank into silence on Wednesday as the by-poll results, especially the defeat in Gorakhpur and Phulpur Lok Sabha seats in Uttar Pradesh, took the sheen out of its victorious run in Tripura trampling the formidable Left Front.

If the north-east victories brought a new vigour to the saffron camp ahead of Karnataka polls, the BJP scoring a 'zero' in the by-polls to three Lok Sabha seats -- the two seats in UP and Araria in Bihar -- has brought back broad smiles in the Opposition camp.

The defeat in Gorakhpur and Phulpur -- vacated by Chief Minister Yogi Adityanath and Deputy Chief Minister Keshav Prasad Maurya after the UP Assembly polls last year -- has brought a rude shock to the BJP with a senior BJP MP from the state mincing no words to describe it a "big referendum".

While the leaders do not want to give much importance to the Opposition victories, the victory of the Samajwadi Party-BSP combine in both the seats has given them reasons to worry.

At least two senior leaders said if the SP-BSP combine continue to stick together and Congress joining it at a later stage would give BJP a strong fight in Uttar Pradesh in the next elections. One of them cited the Bihar experience where RJD and JD(U) were part of a grand alliance.

For BJP, a senior leader said, the UP was a saturation point in the last election as it had won 71 out of 80 seats. A united opposition would mean trouble for the party as one saw in the 2015 Bihar Assembly polls, he admitted.

Sources said the defeat in UP is more damaging as both the seats were held by the Chief Minister and Deputy Chief Minister. While Phulpur was first one by BJP in the last polls, Gorakhpur has been represented by Adityanath.

However, one section argues that the choice of Upendra Dutt Shukla, a Brahmin, was faulty and it was foisted on the seat by the central BJP leadership - Prime Minister Narendra Modi and BJP chief Amit Shah - against the wishes of Adityanath.

The loss to RJD in Araria Lok Sabha by-polls despite support from JD(U) also has rattled the party. The result also comes as a setback for JD(U), which came out of an alliance with RJD and Congress to join hands with BJP.

Comments

JJ 100% right. Sangh Parivars biggest ever game plan to silence voice against EVM. Paid Meida and Sangh perivars' boot lickers already prepared dossiers of fake reports to legitimise EVM and bombard the people during forthcoming Assembly and General elections. This loss of UP, Bihar is a (ill)well calculated move by these gangs to fool the general public. BALLOT PAPER is the only solution, Surprised why opposition parties are silent about this?

JJ
 - 
Thursday, 15 Mar 2018

If sources are to be believed it’s a game plan of BJP itself to support the EVMs and play a bigger game in forth coming general elections. BJP want to distract the EVM allegations which recently BBC published….

JAI ho bhakto

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News Network
July 1,2020

Sopore, Jul 1: Police rescued a three-year-old boy from getting hit by bullets during a terrorist attack in Jammu and Kashmir's Sopore on Wednesday.

Earlier in the day, a Central Reserve Police Force (CRPF) jawan and a civilian lost their lives after terrorists fired upon a CRPF patrolling party in Sopore.

Two of the injured CRPF jawans are known to be in critical condition. Three CRPF personnel were also injured in the attack, as per CRPF.

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News Network
June 29,2020

New Delhi, Jun 29: India recorded 19,459 new coronavirus cases and 380 deaths in the last 24 hours.

According to the Ministry of Health and Family Welfare on Monday, the total coronavirus cases in the country stands at 5,48,318 including 2,10,120 active cases, 3,21,723 cured/discharged/migrated and 16,475 deaths.

Maharashtra's COVID-19 count touched 1,64,626 and cases in Delhi have reached 83,077.

The total number of samples tested up to 28 June is 83,98,362 of which 1,70,560 samples were tested yesterday, as per the data provided by the Indian Council of Medical Research (ICMR). 

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Agencies
June 16,2020

Mumbai, Jun 16: Saudi Arabia’s sovereign wealth fund, PIF, is all set to pick up a stake in Jio Platforms, which would complete 25% of Jio’s equity dilution to the investors, said a report by the Gulf News.

Jio Platforms is part of the Reliance Industries empire owned by Mukesh Ambani. The Public Investment Fund (PIF) will acquire 2.33% for an estimated $1.5 billion, the report said.

So far, Jio Platforms has raised investment from 10 different global investors in seven weeks, the latest being TPG Capital buying 0.93% equity for Rs 4,547 crore and private equity firm L Catterton picking up a 0.39% stake for Rs 1894.50 crore.

Jio Platforms has raised a total of Rs 1.04 lakh crore so far from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton since April 22.

With PIF coming on board, Jio Platforms would have diluted 25% of its equity. That's the maximum they intend to dilute to financial investors, which includes Mark Zukerberg's Facebook.

Any new investors coming on board in future will have to be "strategic investors, a tech giant, for instance," said a source who was part of the deal-making process, the report said.

In recent days, Jio Platforms, which will merge telecom, content streaming, gaming and ecommerce features into its app, has seen Abu Dhabi's Mubadala and ADIA pick up significant stakes amounting to $1.2 billion and $750 million, respectively.

Reliance Industries' owner, Ambani, Asia's richest man, has been on an investor acquisition spree, with the likes of Facebook and private equity majors such as KKR and Silver Lake Capital investing in Jio Platforms.

The contours of the deal with Saudi Arabia's PIF was finalised during Ramadan. "It was always Mukesh Ambani's wish to have a special relationship with Saudi Arabia and the UAE," said Anshuman Mishra, a London-based confidante and family friend of the Ambani family of longstanding, Gulf News quoted as saying.

He has also worked extensively with Gulf sovereign wealth funds over the years.

"Saudi Arabia's coming in to close the financial investor round in Jio is indicative of the special nature of the relationship. This is also indicative of the multi-billion-dollar partnership announced last year with Saudi Aramco.

"This is a major success for the present Indian government's foreign policy initiative in the gulf and symbolic of India's significance in the GCC," it said.

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