Coal-gate: Sonia may ask ‘tainted’ Sahai, Jaiswal to go

September 11, 2012

soni

New Delhi, September 11: As the stink from 'Coalgate' rises, the continuation of tourism minister Subodh Kant Sahai and coal minister Sriprakash Jaiswal looks uncertain, with the Congress leadership considering strong measures to contain the fallout from the scam.

Although the leadership continues to resist the allegation of a scam, it appears to have come around to the view that persisting with the duo may have become politically untenable. Simultaneously , the leadership is also considering its options vis-a-vis party men like Vijay Darda, Naveen Jindal and former minister of state for coal Santosh Bagrodia who have been enveloped by the widening shadow of the scam.

The Congress leadership seems to realize that the involvement of party members in the controversial allocation of coal blocks has thickened the perception of collusion between the government and the allottees of blocks, handing opposition a stick to beat it with.

The sudden spike in speculation about their political fate coincided with Congress chief Sonia Gandhi's return from abroad. Sonia , who had gone for a routine medical check up, is likely to hold deliberations with her colleagues as part of the larger restructuring she has planned for the government and the party this month.

Sahai had written to PM Manmohan Singh recommending allocation of coal blocks to a company, SKS Ispat and Power, whichhad his younger brother as one of its directors . The company in question got blocks the very next day, and the tourism minister has not been able to shake off the charge of conflict of interest.

A clear case of conflict of interest has not been established against Jaiswal yet, but the leadership seems to feel that he has not been able to effectively explain why coal blocks continued to be allocated on his charge, and well into 2010. His explanation that he was merely following through on the decisions taken by the screening committee before he got charge of the ministry has not been found to be convincing . There is also a wariness of the unfolding revelations on links of government functionaries with the allottees. Rajya Sabha MP Vijay Darda has been named in CBI's first set of FIRs into Coalgate. Although the agency has not charged him yet under the Prevention of Corruption Act, his proximity to Manoj Jayaswal, one of the prime beneficiaries, is seen as a political vulnerability for the Congress.

Jindal, whose Jindal Power Limited was allocated several coal blocks, has been in the opposition's line of fire.

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News Network
June 15,2020

New Delhi, Jun 15: With an increase of 11,502 cases in the past 24 hours, the COVID-19 count in India reached 3,32,424 on Monday, according to the Union Health and Family Welfare Ministry.

The spike is marginally lower than the highest-ever spike of 11,929 new cases the country registered a day earlier.

With 325 deaths being reported from across the country, the toll due to COVID-19 has now reached 9,520.

The COVID-19 count includes 1,53,106 active cases while 1,69,798 patients have been cured and discharged or migrated so far.

Maharashtra with 1,07,958 cases continues to be the worst-affected state in the country with 53,030 active cases while 50,978 patients have been cured and discharged in the state so far. 3,950 deaths have been reported due to the infection so far from Maharashtra.

It is followed by Tamil Nadu with 44,661 cases and the national capital with 41,182 confirmed cases.

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News Network
March 27,2020

Thiruvananthapuram, Mar 27: Kerala Police social media team is using innovative methods to get people engaged in the home during the lockdown period. From conversing with people to giving them suggestions of must watch movies and sharing links of e-books Kerala police have become new 'chat friend' of people in the state.
"The traditional method of policing of interacting with people is not possible due to social distancing, so Kerala police is using the digital platform to reach out to people," Additional Director General of Police (ADGP), Head Quarters Manoj Abraham, who is heading the social media wing told ANI.
"We used social media and tried to be different at the same time innovative. From creating awareness to taking precautions we through various videos like police dance, coronavirus animations etc reached out to people. We used film stars also and used local dialect. It has got good reach and public acceptance. The most important aspect is that they received the underlying message well and are staying home" he added.
Abraham also said that Social Media team of Kerala Police is also fighting the fake news and rumours being spread at the COVID- 19 times.
"Some people were misusing social media by spreading wrong information. We also went behind those who tried to sell medicines saying it is good against Coronavirus. We crushed them with an iron hand - registered cases and arrested them. We send a strong message in social media that no rumour-mongering will be allowed, " he said.
He said the Kerala Police realised that people staying indoors was one of the keys to winning the fight against COVID-19.
"We started a chat box with the public. People were in their houses and they used the time to chat with police on various aspects of lockdown. We provided them with the right information, " he said.
The social media team has prepared a list of e-books that can be downloaded and also has a list of must watch movies. Not only that the team also occasionally share jokes with people during chat sessions.
Prime Minister Narendra Modi on Tuesday announced a 21-day lockdown in the entire country effective from midnight to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

"Reliance Industries, with a market capitalisation of USD 189.3 billion now is the second-most valuable energy company in the world. Reliance Industries now stands at 46th among the world's largest companies by market capitalisation ahead of well-known names like ExxonMobil, Abbott Laboratories, Oracle Corp, Chevron and Unilever Plc, and just below PepsiCo," RIL said in an official release.

RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

"Reliance's share price had touched a bottom of Rs 867 on March 23, 2020, when the total market value of the company stood at Rs 5.5 lakh crore or $73.5 billion. Thus, RIL has added $115.9 billion to shareholder wealth within just four months - one of the highest value creation feats in the world in such a short time," the release said.

Reliance had earlier raised Rs 212,809 crore through Rights Issue, combined investments in Jio Platforms and investment by bp.

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