Mamata, Akhilesh, Sharad Yadav at Lalu's mega rally

Agencies
August 27, 2017

Patna, Aug 27: In a display of opposition unity against the BJP, political heavyweights including West Bengal Chief Minister Mamata Banerjee and SP president Akhilesh Yadav shared a platform at Lalu Prasad's mega rally here today.

RJD chief Lalu Prasad has already said the 'BJP bhagao desh bachao' rally would herald the decline of the BJP-led NDA in the 2019 Lok Sabha election.

Rebel JD(U) leader Sharad Yadav, who is staring at an expulsion from the party for defying orders of not to attend the rally, was greeted warmly by Prasad who embraced him on the dais.

Yadav was accompanied by suspended JD(U) Rajya Sabha MP Ali Anwar.

JD(U) leader K C Tyagi, in a letter to Yadav, had asked him to skip the rally and if he attends it would mean that he has quit the party voluntarily.

The leader of Opposition in the Rajya Sabha Ghulam Nabi Azad and Congress general secretary C P Joshi were present at the rally.

The RJD chief and his wife Rabri Devi greeted Trinamool supremo Mamata Banerjee and their son Tejaswi Yadav touched her feet.

CPI's general secretary S Sudhakar Reddy and secretary D Raja were present on the dais while JMM chief and former Jharkhand chief minister Hemant Soren, and JVM president Babulal Marandi were attended the rally.

NCP leader and MP Tariq Anwar was also present.

Prasad, his wife, sons Tejaswi and Tej Pratap Yadav, and daughter Misa Bharti, a Rajya Sabha MP were seated on the front row of the VVIP dais greeting leaders from other parties on their arrival.

A large number of people have assembled at the rally.

Early speakers including Raghubansh Prasad Singh, Abdul Bari Siddiwui, Shivanand Tiwari and others criticised Bihar Chief Minister Nitish Kumar for breaking the 'Mahagathbandhan' the grand alliance and joining hands with the BJP to form a new government in the state.

They also showered praise on Prasad's son and former deputy chief minister Tejaswi Yadav, describing him as the "future leader of Bihar."

Akhilesh Yadav, Hemant Soren, Tejaswi Yadav and Tej Pratap came together on the dais and waved at the crowd signalling unity among the younger generation of the major opposition parties.

Elaborate security arrangements have been made for the rally at Gandhi Maidan, where a total of 64 CCTV cameras have been installed.

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News Network
July 12,2020

Hyderabad, Jul 12: Hyderabad MP and All India Majlis-e-Ittehad-ul-Muslimeen chief Asaduddin Owaisi on Saturday condemned the demolition of a mosque and a temple inside the Secretariat building. He demanded the arrest of the contractor for demolition.
"During the process of demolition of the Secretariat building in Telangana, the mosque and temple were also demolished. The contractor must be booked and should be arrested. The public should know that we condemn this," he said while speaking to news agency.
Pointing out that his party MLAs Akbaruddin Owaisi and Moazam Khan have urged the state Assembly to look into the matter, he added, "We are not against the building of a new Secretariat, but what we asked for is not to destroy these structures during the process."
He welcomed the Chief Minister's announcement regarding the rebuilding of these structures.
"We expect the mosque to be built in the exact same place where it once stood. We expect the Chief Minister to speak to the representatives and meet our expectations and emotions about the mosque," he added.

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News Network
July 12,2020

Hubli, Jul 12: Union Parliamentary Affairs Minister Pralhad Joshi on Sunday said that the Monsoon session of Parliament will be held with the government ensuring all health precautions for COVID-19 are followed.

"Monsoon session (of Parliament) will certainly be held. The government will do all the formalities and take all precautions," the Parliamentary Affairs Minister told reporters here.

Earlier in March, the Parliament had passed 12 bills during the curtailed budget session with Lok Sabha passing 15 bills and Rajya Sabha 13.
During the session, 19 bills were introduced in the two Houses (18 in Lok Sabha and 1 in Rajya Sabha). The two Houses were adjourned sine die after completion of the budgetary process including passage of the Finance Bill.

The second part of the session was curtailed in view of the threat of the spread of coronavirus.
On June 1, Rajya Sabha Chairman M Venkaiah Naidu and Lok Sabha Speaker Om Birla had held a detailed discussion on holding the ensuing monsoon session of Parliament in view of the coronavirus-induced norm of social distancing, sources said.

They said the leaders have taken note of reports suggesting that the fight against COVID-19 is likely to be a long haul.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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