DVS may lose railways, BJP firm on Suresh Prabhu

November 8, 2014

Gowda loseNew Delhi, Nov 8: With a day to go for the first recast of the NDA government, there were indications that railway minister Sadananda Gowda may be given a different assignment as part of the government's new thrust to catalyze the infrastructure sector.

Sources in BJP indicated that the change of leadership of the critical infrastructure ministry was under consideration in view of Prime Minister Narendra Modi's anxiety to tone up functioning of the government's largest enterprise.

The plan to induct former Union minister Suresh Prabhu even as his party Shiv Sena plays hardball is part of the objective to boost the core sectors of the economy. Though Prabhu has already been tasked with responsibilities like being a 'sherpa' for G20 talks and also emerged as the top contender to head the new incarnation of the Planning Commission, he is, on paper, a paid-up member of Sena.

Sena chief Uddhav Thackeray, who was approached on Thursday to suggest two candidates for inclusion in the Modi ministry, has not got back yet. While the delay is being seen as his ploy to get BJP to give in to the demand for increasing Sena's representation in the Devendra Fadnavis government in Maharashtra, BJP sources hinted that the leadership may press ahead with its plan to bring in Prabhu regardless of what Thackeray might decide.

The concern over infrastructure also appears to have led the government to conclude that the telecommunications ministry, too, needs the attention of a full-scale minister. The portfolio is with Ravishankar Prasad who also looks after law and justice. It is not clear whether the concern will lead to Prasad being relieved of the telecom and IT ministry or, alternatively, give up law.

Pointers that rural development ministry, which is being looked after by transport minister Nitin Gadkari since Gopinath Munde's death, may also have a full-fledged minister ties in with the larger thrust to drive infrastructure.

Railways occupies a key place in the PM's plans. Both during and after the poll campaign, Modi has delineated his priorities for the public transporter by pushing for introduction of high-speed 'bullet trains', modernization of infrastructure and upgrade of facilities, in addition to putting trains at the centre of an ambitious plan to boost tourism, including religious tourism, and foraying into unchartered terrain in the Himalayas.

With Goa CM Manohar Parrikar, who announced on Friday that he would become a member of the Rajya Sabha from UP, set to join the Centre, the BJP leadership is having to deal with claims of CM aspirants in the state.

Goa Speaker Rajendra Arlekar remains the frontrunner. The BJP parliamentary board will meet here on Saturday to decide Parrikar's successor.

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News Network
June 5,2020

New Delhi, Jun 5: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.

It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital unit to Mubadala for Rs 9,093.60 crore, the sixth deal in as many weeks that will inject a combined Rs 87,655.35 crore in the oil-to-telecom conglomerate to help it pare debt.

"Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," the company said in a statement.

With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala in less than six weeks.

Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, is a next-generation technology company.

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News Network
May 2,2020

New Delhi, May 2: With 2,293 new cases in the last 24 hours, the highest number of cases in a single day, India's COVID-19 tally reached 37,336 on Saturday, including 1,218 deaths, according to the Ministry of Health and Family Welfare.
As many as 71 deaths were reported in the last 24 hours.

Out of the total number, 9,951 people have been cured/discharged/migrated.

In the state of Maharashtra, the number of coronavirus positive cases has crossed the 10,000-mark with at least 485 deaths.

The positive cases in Maharashtra has reached 11,506, including 1,879 discharged cases.

After Maharashtra, Gujarat has the most number of COVID-19 cases (4,721). The state has reported 236 deaths, while 735 people have been discharged.

The Centre on Friday extended the ongoing nationwide lockdown for two more weeks with effect from May 4 till May 17 while allowing different sets of relaxations in red, orange and green zones.

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Agencies
April 27,2020

Thiruvananthapuram, Apr 27: Over 1.5 lakh Non-Resident Keralites (NRK)s, stranded in various countries, have registered online for returningto the state, once the Centre gives the nod and air services resume

The Norka (Non Resident Keralites Affairs) department had commenced the registration process at around 6pm on Sunday and within an hour 25,000 had registered, government sources said.

Till Monday morning, over 1.5 lakh NRKs have registered, the maximum is from UAE-- over 60,000.

The aged, pregnant women, children, critically ill patients, those with expired visas and those who had gone abroad on visiting visa are among thelarge numbers of people who are waiting to return.

Those wanting to return, have to get themselves tested for COVID-19 in the respective countries, where they are and register after getting a negative certificate for the infection.

Theregistration is for arranging quarantine facilitiesin the state, if necessary, and not for getting any priority on flight bookings,the sources said.

After the NRKs register themselves, the government would draw up a list on how to bring them back as per priority.

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