Lalu granted 3 days parole for son's marriage

Agencies
May 10, 2018

Ranchi/Patna, May 10: Jailed RJD chief Lalu Prasad was today granted a three- day parole to attend his son's wedding in Patna this Saturday, a senior jail officer said today.

Prasad, 69, who has been convicted in three fodder scam cases by a special CBI court in Ranchi since December last year, is currently undergoing treatment at the RIMS hospital in the Jharkhand capital.

He has been granted parole for three days, Inspector General of Prison Harsh Mangla said.

However, the IG Prison was not categorical about the effective date of parole and said it depended upon when the jail authorities would release him. Mangla added that as per the rules, the travel time is not counted in the duration of the parole.

Bhola Yadav, RJD General Secretary and a close aide of Prasad, said in Ranchi that they were planning to go to Patna by the evening flight.

"Flight tickets are being arranged to go to Patna by evening flight today," Bhola Yadav, who is also an RJD MLA in Bihar, said adding Prasad is likely to return to Ranchi on May 14 on completion of parole.

Prasad's elder son and former Bihar minister Tej Pratap Yadav's marriage with daughter of RJD MLA Chandrika Rai is scheduled on May 12 in Patna.

The RJD chief was admitted to the All India Institute of Medical Sciences (AIIMS) In Delhi on March 29 for specialised treatment and was discharged on April 30. The hospital had said his condition had improved significantly but the former Bihar chief minister alleged a "political conspiracy" behind his discharge.

The application on behalf of the RJD chief, moved on Monday last, had sought a five-day parole but only three days were granted. Asked about it, the Jharkhand Prison IG said, "We decided on the matter considering the need."

RJD supporters in Patna were upbeat about Prasad's return to Patna. Prasad could not attend the engagement ceremony of his son in Patna on April 18 following which Tej Pratap had tweeted "Miss you PAPA".

The 10, Circular Road bungalow, allotted to former chief minister and Prasad's wife Rabri Devi, has been abuzz with wedding preparations for the past few days. 'Slogans of Lalu Yadav Zindabad' resonated in the complex as soon as the supporters learned that the RJD supremo has been granted parole and that he would be coming to Patna.

The party's national spokesman and Rajya Sabha member Manoj Jha said, "We are glad that our leader has finally been allowed to attend wedding of his son."

"We are, however, disappointed at the shabby treatment meted out to him at every stage," he told news agency.

Jha alleged that Parasad was "forcibly sent back" to Ranchi from AIIMS "notwithstanding his fragile health which deserves best-possible medical care".

"Now, he has been granted parole for only three days though he had sought it for just two more days. This once again proves that the ruling dispensation in the country is devoid of basic human sensitivity," Jha alleged.

"We do not even know whom to complain. Every institution has been subverted for settling political scores. But, the people of Bihar are watching all the events intently. We have full faith in their wisdom and their power to give a befitting reply to those who are drunk on power," he said.

Meanwhile, a number of political leaders are expected to attend the wedding of Tej Pratap Yadav and Aishwarya Rai. The bride's grandfather Daroga Rai was the chief minister of Bihar in early 70s from Congress.

A huge stage is being erected at the sprawling Veterinary College ground where the couple will exchange garlands in the presence of guests.

"We are expecting about 20,000 guests from across the country. Invitations have been sent to almost every major political figure and luminaries from various walks of life," Bihar RJD president Ram Chandra Purve said here.

Prominent among those who have been invited to the wedding are UPA Chairperson Sonia Gandhi, Congress president Rahul Gandhi, Bihar Governor Satya Pal Mallik, Chief Minister Nitish Kumar, Deputy Chief Minister Sushil Kumar Modi and Chief Justice of the Patna High Court Rajendra K Menon and Yoga guru Baba Ramdev.

Pandals have been also erected at the house of Rabri Devi where pre-wedding rituals will be conducted as well as at the residence of Chandrika Rai, where the marriage will take place in a traditional way.

In Prasad' s native Phulwaria block in Gopalganj district, his nephew Ramanand Yadav said that they had received an invitation and so have many others in the village. "Hundreds of people from here will be visiting Patna to give their blessings to the young couple," he said.

Ram Das and Dayanand Pandey, both priests at local temples, said they were going to the wedding. Asked about how they feel about the high-profile event, one of them said, "We are not at all worried about how much 'dakshina' we will be offered. They (the Lalu family) are magnanimous people and know how to treat poor people like us well".

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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News Network
January 1,2020

Jammu, Jan 1: As many as 160 terrorists were killed in Jammu and Kashmir this year, while 250 terrorists, including 102 of Pakistani origin, were active in the Valley, Director General of Police (DGP) Dilbag Singh said on Tuesday, noting that terror incidents and the number of local youths turning towards terrorism have decreased.

"250 terrorists have been active in Jammu and Kashmir. There is a decrease in number of active terrorists as compared to last year," Mr Singh said at the annual press conference at police headquarters in Jammu.

The DGP said that there is 30 per cent fall in terrorist incidents, less civilian killings and 36 per cent decrease in law and order incidents as compared to 2018.

"218 such (local) youths joined militant outfits in 2018 but only 139 joined in 2019," he said. Out of these new recruits only 89 have survived.

"The rest have been eliminated as their shelf life is between 24 hours to 2-3 months after joining militancy. There are hardly few old terrorists surviving, which include Jehangir Saroori and Riyaz Nayikoo", he said.

There have been only 481 law and order incidents this year as compared to 625 last year, he said.

There were 80 per cent successful anti-terror operations in which 160 terrorists, including foreigners, have been killed during the year.

Mr Singh said 102 terrorists have been arrested and 10 terrorists surrendered during the year.

He said that 102 Pakistan origin terrorists are still operating in Kashmir.

"Eleven valiant police personnel from Jammu and Kashmir besides 72 from other other security forces have been martyred," he said.

There was no collateral damage during anti-terror operation as people fully cooperated. "There was zero law and order problem this year (during anti terror operations)," he added.

The DGP said that "there has been a high degree of incidents of infiltration attempts from across the border this year and also ceasefire violations. But security forces have successfully foiled these attempted as 130 infiltrators have entered in 2019 as compared to 143 last year".

He said Jammu and Kashmir Police has set an example by handling the law and order situation in the most "exemplary" way following the abrogation of Article 370 provisions.

It was the biggest challenge faced by the force in 2019, but "we handled the most critical phase in the best way" and there was no civilian casualty during the period, he said.

Dismissing claims of minors being arrested by police in Kashmir, he said that it is being used as propaganda by some people and asserted that the J-K police has acted within the limits of law.

"We are open to scrutiny. The issue reached the Supreme Court which referred it to Jammu and Kashmir high court. The matter was inquired by the HC committee. The SC said that there is no misuse of law by law enforcement agency. J-K police has acted within the limits of law," he said.

Replying to queries on restoration of internet, the DGP said it is under consideration. "I think J-K is moving towards such a situation (on law and order front). Very soon you will hear positive announcement," Mr Singh said.

He said that though some people will try to misuse internet, "in the past, we took care of them and we will take care of such people in the future too".

Internet services in all government-run hospitals and SMS to all mobile phones will be restored from December 31 midnight in the Kashmir Valley, Jammu and Kashmir official spokesman Rohit Kansal said on Tuesday.

On December 10, some short message service (SMS) were enabled on mobile phones in order to facilitate students, scholarship applicants, traders and others. It has now been decided to fully restore the service throughout Kashmir from midnight of December 31, Kansal said.

Mobile Internet services were restored in Kargil district of Ladakh on Friday after remaining suspended for 145 days in the wake of the Centre abrogating provisions of Article 370 of the Constitution, officials said.

Internet services were suspended on August 4, a day before the Centre announced abrogation of Article 370 and division of the state into the union territories of Jammu and Kashmir, and Ladakh.

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Agencies
August 2,2020

Ayodhya, Aug 2: With the foundation laying ceremony of the grand Ram temple around the corner, the work at the stone-carving workshop of Ram Janambhoomi in Ayodhya has reached its final stage.

Speaking to news agency, caretaker of Ram temple stone workshop Hanuman Yadav said, "Stonework is ready for the construction work till the first floor of the temple. Cleaning work is almost done but some work is still left which will be done soon after the trust's meeting."

Talking about the characteristics of the sandstone chosen work the construction, he said, "It was chosen for the construction as it can withstand rigours for thousands of years. These designated stones are minutely carved according to the need of the temple."

The stone-carving workshop for the Ram temple construction was established in Ayodhya by the Vishwa Hindu Parishad (VHP) in 1990.

On August 5 when Prime Minister Narendra Modi will visit Ayodhya for rituals that will mark the beginning of Ram temple construction, Hanumangarhi is the first stop he would be visiting.

The construction of Ram temple will begin in Ayodhya after the ceremony to lay the foundation stone in which various dignitaries from the political and religious fields are likely to participate apart from RSS chief Mohan Bhagwat. 

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