Parliament stalled, BJP wants PM, Bansal and Ashwani to quit

May 7, 2013

PawanKumarBansal

New Delhi, May 7: Both houses of parliament were stalled Tuesday as the BJP pressed for Prime Minister Manmohan Singh's resignation over irregularities in the allocation of coal blocks and also demanded that ministers P.K. Bansal and Ashwani Kumar step down.

Both houses were adjourned till 12 noon, minutes after the question hour began in the morning at 11 a.m. when the houses met.

When the Lok Sabha resumed its proceedings at 12 noon, members of the Bharatiya Janata Party advanced to the speaker's podium demanding the prime minister's resignation. They also demanded the resignations of Law Minister Ashwani Kumar and Railway Minister Bansal.

Speaker Meira Kumar tried to pacify the BJP members but they refused to budge and persisted with their slogan-shouting. As the ruckus continued, Congress MP Francisco Sardinha, who was in the chair, adjourned the house till 1 p.m.

The upper house of the parliament witnessed similar scenes with BJP members shouting slogans against the prime minister. Amid the chaos, Deputy Chairman P.J. Kurien adjourned the house till 2 p.m.

Both houses have seen repeated disruptions by opposition parties over the allocation of coal blocks and 2G spectrum.

The BJP has said it will not let parliament function till Manmohan Singh resigns over the alleged involvement of his office in the irregularities in the allocation of coal blocks and 2G spectrum and Bansal and Ashwani Kumar quit too.

While Bansal's nephew was arrested by the Central Bureau of Investigation (CBI) for allegedly taking a bribe for the appointment of a member of the Railway Board, Ashwani Kumar has come under attack in the Supreme Court for vetting the CBI report on coal allocation.

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News Network
March 3,2020

Daman, Mar 3: A BJP councillor was shot dead on Monday in the Union Territory of Daman, police said.

Salim Memon was sitting in his motorcycle showroom when three to four unidentified persons shot four to five bullets after asking a visitor there to move out, an official said quoting eye-witnesses.

While fleeing, they also shot two rounds close to this visitor who was standing outside, he said.

"Memon was rushed to a hospital in Marwad area but was declared dead on arrival. CCTV footage is being scanned to nab the culprits," said Daman Superintendent of Police Vikramjit Singh.

Memon was elected to Daman municipality as a Congress candidate but then switched over to the BJP.

Sources said Memon, who also has a land brokerage business, had come out of jail a few months back in connection with a case of rivalry.

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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News Network
February 27,2020

New Delhi, Feb 27: The death toll in the communal violence in northeast Delhi over the amended citizenship law reached 32 on Thursday, senior officials said.

It was at 27 till Wednesday night.

"Five more deaths recorded at GTB Hospital, so death toll at that hospital has gone up to 30, taking total toll to 32," a senior Delhi Health Department official told news agency.

The Lok Nayak Jai Prakash Narayan Hospital had reported two fatalities on Wednesday.

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