Saffron doors still open for old ally

October 20, 2014

New Delhi, Oct 20: The BJP on Sunday indicated that its door had not been shut on the estranged ally, Shiv Sena, and constituted a two-member team of observers comprising Union Home Minister Rajnath Singh and general secretary J P Nadda, the two leaders whom the Sena seems to prefer at the negotiating table.

Sena BJPLed by Rajnath Singh, the team will first hold consultations with the newly elected party MLAs to choose their leader and then hunt for allies.

BJP sources said the move to make Singh an observer along with Nadda hints that the party is willing to renegotiate with the Sena. Ahead of the polls, Sena chief Uddhav Thackeray had said that if Singh was leading the party, the alliance would have remained intact.

However, the BJP would like the Sena to accept it as a big brother this time. To begin with, the government can be formed only after the Sena accepts its BJP candidate. To keep the Sena on tenterhooks, the party did not reject the unconditional support offered by the NCP.

At the evening meeting of the party’s highest decision making body, the parliamentary board, which is headed by president Amit Shah, the BJP tasked senior leaders M Venkaiah Naidu and Dinesh Sharma to act as observers in forming its first government in Haryana.

Rajnath Singh said the party has not yet decided on chief ministers for Maharashtra or Haryana.

Sources said Devendra Fadnavis has emerged as the frontrunner for the post in Maharashtra. Election in-charge Om Mathur offering him laddoo in Mumbai after the verdict is being seen as pointers to his popularity among probables.

Fadnavis, a Brahmin, is also close to Sena leaders.

The others following him are Eknath Khadse and Vinod Tawade. Pankaja Munde, daughter of former Union minister Gopinath Munde, has been ruled out for the top slot despite her throwing hat in the ring.

In Haryana, the names that are doing the rounds for the top slot are that of Manohar Lal Khattar, party state president Ram Bilash Sharma, who is close to the RSS, Union ministers Krishan Pal Gujjar, Rao Inderjit Singh and Capt Abhimanyu. After the meeting, Nadda told reporters about the party’s view: “The results demonstrate that the people have voted for the credible leadership of Prime Minister Narendra Modi and his four-month-old government’s welfare measures.”

Nadda equally praised the organisational skills of party president Amit Shah and said, “The poll outcome shows that the Congress has been reduced to the third place in both states due to corruption and misgovernance.”

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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Agencies
March 15,2020

Ahmedabad, Mar 15: Four Congress MLAs in Gujarat have tendered their resignation to Assembly Speaker Rajendra Trivedi ahead of the election to the four Rajya Sabha seats in the state to be held on March 26.

The four Congress legislators tendered their resignation on Saturday, which Trivedi has accepted.

Trivedi told this to PTI on Sunday.

He said he will announce the names of the legislators in the Legislative Assembly on Monday.

"Four Congress MLAs tendered their resignation to me on Saturday, and I will announce their names in the Assembly tomorrow," he said.

With this, the strength of the Congress party in the 182-member Gujarat Assembly has come down to 69 from 73.

The Congress had on Saturday shifted its 14 MLAs to Jaipur fearing horse-trading by the ruling BJP ahead of the Rajya Sabha polls.

The BJP has fielded Abhay Bhardwaj, Ramila Bara and Narhari Amin for the election.

Given its number in the Assembly, the ruling party can only win two seats unless it manages cross-voting from the opposition camp or ensures defection of Congress MLAs to win the third seat.

The Congress has fielded senior leaders Shaktisinh Gohil and Bharatsinh Solanki.

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Agencies
July 30,2020

Ahead of the grand foundation stone-laying ceremony of the Ram Temple on August 5, Ayodhya priest and 16 police personnel, involved in the mega event on August 5, have tested positive for COVID-19. Priest Pradeep Das is one of the four priests who regularly perform puja at the Ram Temple site in Ayodhya.

Das has been placed under home quarantine and contact tracing is underway, reported.

Meanwhile, Uttar Pradesh police and Sashastra Seema Bal have been put on high alert in the districts bordering Nepal ahead of Prime Minister Narendra Modi's visit to Ayodhya on August 5.

PM Modi likely to launch postal stamps on Ram Temple, Ramayana during Ayodhya visit: Report
Counterfeit products create Rs 1-lakh-crore hole in economy, incidents up 24% in 2019: Report
On July 29, Uttar Pradesh reported a record single-day spike of 3,570 COVID-19 cases, taking the infection tally to more than 77,000, while 33 fresh fatalities pushed the death toll to 1,530.

"There are 29,997 active COVID-19 cases in the state and 45,807 patients have been discharged after treatment," Additional Chief Secretary, Medical and Health, Amit Mohan Prasad told reporters. "The death toll due to the disease has reached 1,530," he said.

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