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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Agencies
July 24,2020

New Delhi, Jul 24: Telecom companies lost 82.3 lakh subscribers during the COVID-19 lockdown period of April, data released by the Telecom Regulatory Authority of India (TRAI) on Friday showed.

As per the reports received from 342 operators in April, TRAI said the number of broadband subscribers decreased from 68.7 crore at the end of March to 67.6 crore at the end of April with a monthly decline rate of 1.64 per cent.

Top five service providers constituted 98.98 per cent market share of total broadband subscribers with Reliance Jio Infocomm (38.9 crore), Bharti Airtel (14.4 crore), Vodafone Idea (11.1 crore), BSNL (2.1 crore) and Atria Convergence (16 lakh).

The number of overall telephone subscribers decreased from 117.7 crore at the end of March to 116.9 crore at the end of April, showing a monthly decline rate of 0.72 per cent.

The TRAI said total wireless subscribers (2G, 3G and 4G) decreased from 115.7 crore at the end of March to 115 crore at the end of April, thereby registering a monthly decline rate of 0.71 per cent.

Wireless subscription in urban areas decreased from 63.8 crore to 62.9 crore but increased in rural areas from 51.9 crore to 52 crore. Monthly growth rates of urban and rural wireless subscription were minus 1.42 per cent and 0.16 per cent respectively.

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Agencies
January 16,2020

New Delhi, Jan 16: United Forum of Bank Unions has decided to observe a two-day strike on January 31 and February 1, demanding early wage revision settlement which has been due since November 1, 2017, said the All India Bank Employees Association.

Union Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1.

Banks will also hold a strike on March 11, 12 and 13. Also, an indefinite strike will be held from April 1.

General Secretary, All India Bank Officers' Confederation West Bengal Sanjay Das has stated that the nationwide strike has been called over several demands.

"The demands include--wage revision settlement at 20 per cent hike on payslip components with adequate loading thereof and scrapping off New Pension Scheme (NPS)," said Das.

There are several demands to hold the strike including the merger of special allowance with basic pay, updation of pension, improvement in the family pension system, five-day banking, allocation of staff welfare fund based on operating profits and exemption from income tax on retiral benefits without a ceiling.

"Other demands include-- a uniform definition of business hours, lunch hour etc in the branches, introduction of leave bank, defined working hours for the officers and equal wage for equal work for the contract employee," said Das.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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