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Narendra Modi, Amit Shah hold marathon meeting ahead of swearing-in ceremony on May 30

Agencies
May 29, 2019

New Delhi, May 29: BJP president Amit Shah on Tuesday met Prime Minister Narendra Modi and the leaders are understood to have discussed the contours of the new government which will be sworn in on Thursday.

There is a view within the BJP that Shah may join the government after playing a crucial role in the party's return to power with an unprecedented majority. Shah has refrained from commenting on the matter.

Though there was no official word on what transpired in their meeting but both leaders are believed to have discussed the formation of the second Modi government, including choices for ministerial berths and portfolios.

The meeting, which lasted around five hours, also assumes significance as there is buzz in the political circles that Shah may join the government.

All eyes are now on the Council of Ministers, with several names doing the rounds.

Sources suggested the new council of ministers will reflect the saffron party's rise in strength in states like West Bengal and Telangana.

A number of senior faces from the outgoing cabinet including Rajnath Singh, Nitin Gadkari, Nirmala Sitharaman, Ravi Shankar Prasad, Piyush Goyal, Narendra Singh Tomar and Prakash Javadekar are expected to figure in the new cabinet.

As far as allies are concerned, both the Shiv Sena and the JD(U) are expected to get two berths (one cabinet and one MoS) each, while the LJP and the SAD may be given one berth each.

Harsimrat Kaur Badal of Akali Dal and Ram Vilas Paswan of LJP are also likely to be inducted in the Modi Cabinet.

Lok Janshakti Party on Tuesday passed a resolution, recommending its president Ram Vilas Paswan as the party's representative in the Modi government.

The AIADMK, which was also not part of the previous government, won only one seat. It may be given a ministerial berth as it is in power in Tamil Nadu and a key Dravidian ally of the BJP.

Sources said that around 65 leaders may take oath of office and secrecy along with Prime Minister Modi.

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Agencies
July 30,2020

Kochi, Jul 30: The Kerala High Court on Thursday refused to grant the extension for the stay of a 74-year-old US citizen, Johnny Paul Pierce, who had earlier said that he felt safer to remain in India than in the United States amid the COVID-19 pandemic.

The single-judge bench of Justice CS Dias, which considered the writ petition, observed that the grant or extension of visa to foreign nationals fall exclusively within the domain of the Government of India (GoI) and that judicial review in such matters is minimal.

The power of the GoI to expel foreigners is absolute and unlimited, the bench said.

"In view of the categoric declaration of law by the Supreme Court, the plea of the petitioner to permit him to stay back in India cannot be accepted, as it falls within the purview of the guidelines and the discretion of the Government of India," the order said.

"The petitioner cannot be heard that the guidelines/policies/regulations formulated by the Government of India, that an American national though has been granted a visa having validity of five years has to leave India within 180 days, is irrational or unreasonable," it added.

The High Court, which was hearing a plea to permit the US citizen to stay in India for a further period of six months, said that the petitioner does not have a case that there is an infraction of Article 21 of the Constitution of India.

"The petitioner was well aware of the visa conditions when he arrived in India, and it is too late in the day for him to raise a grievance on the visa conditions," the bench said noting that the petitioner's love for India was heartening.

The High Court also directed the Foreigners Registration Officer to consider the petitioner's representation within a period of two weeks in accordance with the applicable guidelines and policies.

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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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Agencies
March 8,2020

Thiruvananthapuram, Mar 8: Five more people from

Kerala have tested positive for coronavirus, Health minister, K K Shailaja said on Sunday.

All the five hail from Pathnamthitta district.

While three of them had returned from Italy on February 29, two others were their relatives, the minister said.

All the five have been isolated in Pathnamathitta general hospital and are under observation.

Their tests were confirmed on Saturday night.

Earlier, India's first three positive cases had been reported from the state.

All the three patients, medical students from Wuhan, have been treated and discharged from hospitals.

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