Tejpal not my nephew, says Sibal

November 27, 2013

New Delhi, Nov 27: Stung by BJP's attack in the Tehelka case, Law Minister Kapil Sibal today hit back at the principal Opposition and the RSS, accusing them of vilifying his name and said magazine's editor Tarun Tejpal was not related to him and he does not hold shares in the entity.

Hours after Leader of the Opposition in the Lok Sabha Sushma Swaraj tweeted that a "Union Cabinet Minister who is the founder and patron of Tehelka is shielding Tarun Tejpal," Sibal said leaders who are "tangentially talking about me should name me if they have the courage."

Swaraj had not named anyone in the tweet.Tehelka_founder

The Congress leader also referred to a message in circulation in the social media which said that Tejpal is the son of Sibal's real sister and that the Union minister held 80 per cent shares in Tehelka.

"There is a message going around in the social media which says that Tarun Tejpal is the son of a Punjab Congress Committee member and an MLA. I don't know...

"Then it says his mother is the real sister of Kapil Sibal. Now, I am sorry, I did not expect the RSS and the BJP to stoop to this level. They can attack me politically, but they should not bring my family into it," he told reporters here.

Sibal said he has only one sister, Asha Nanda, who lives in Maharani Bagh here. "I have no other sister," he said.

"...because I have been attacking (Narendra) Modi and attacking the BJP, obviously for them this is the only way to spread lie and to vilify my name. And if they have the courage they should name me. These political leaders who are tangentially talking about me should name me if they have the courage," he said.

Referring to claims that he held 80 per cent shares in Tehelka magazine till 2011, he said, "I don't even have a single share. No share has ever been alloted to me."

Sibal said he does not believe in "this kind of political discourse" ahead of Lok Sabha elections.

"What if I were to say, remember that image of the Leader of the Opposition with her head on shielding the Reddy brothers. But this is not the kind of political discourse we want in this country. We are going into a general election, let's talk about issues," he said.

Sibal said opposition parties should "not reduce the general election as if you have applied for a life-long patent for lies. Maybe the RSS has that life-long pattern, but at least the Leader of the Opposition should not apply for the licence of that patent."

Referring to the message in circulation in the social media which claims that under such circumstances, justice could not be given to the junior journalist who was allegedly sexually assaulted by Tejpal, he said it was unfair to drag him in the issue.

"Now, in such a sensitive matter, when courts are dealing with it, these people are trying to politicise the issue and bring my fair name into the picture merely because they know that I state facts about their leader," he said.

On Swaraj's tweet, Sibal said "there is someone in BJP who has said that I am shielding Tejpal. That person should have the courage to name me."

"I think that at least the leaders of opposition of political parties, those who claim to have been in the law should be a little more sensitive in a matter which involves a young girl and not politicise these matters," he said.

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Agencies
July 30,2020

Mumbai, Jul 30: Counterfeiting incidents have increased 24 per cent in the country in 2019 over the previous year, creating an over Rs 1 lakh crore hole in the economy, according to a report.

The report also said counterfeiters are having a free run due to the pandemic-driven disruptions to organised supply chains and the resultant spike in consumer demand.

According to the report by ASPA, a self-regulated industry body of anti-counterfeiting and traceability solutions providers, counterfeiting has risen steadily in the last few years, and exploiting the pandemic as a cover for their activities.

Between February and April 2020, over 150 incidents of counterfeiting cases were reported, mostly about fake PPE kits, sanitisers and masks taking advantage of the high demand for these products, it noted.

"There was a 24 per cent increase in counterfeiting in 2019 over 2018, leading to the loss of more than Rs 1 lakh crore to the overall economy," said Nakul Pasricha, president of Authentication Solution Providers Association.

The association works with global authorities like the International Hologram Manufacturers Association, Counterfeit Intelligence Bureau of the Interpol, and domestic industry lobbies like Ficci, he said.

Counterfeiting is a universal issue and is 3.3 per cent of global trade, according to the OECD data, impacting social and economic development across the world.

The report lists the currency, FMCG, alcohol, pharma, documents, agriculture, infrastructure, automotive, tobacco, lifestyle and apparel, as the 10 sectors impacted most by counterfeiting.

Among these, currency, alcohol and FMCG continue to be the top three sectors with the highest counterfeiting in the last two years. The FMCG sector is most vulnerable, as counterfeit incidents rose 63 per cent between 2018 (79) and 2019 when the reported cases jumped to 129.

Within the states, the fakers have a free run in Uttar Pradesh, Bihar, Rajasthan, Madhya Pradesh, Bengal, Punjab, Jharkhand, Delhi, Gujarat, and Uttarakhand, calling for urgent actions to frame anti-counterfeiting policy measures.

According to the report, UP continues to be on top followed by Bihar, Rajasthan, and together these three states represent almost 45 per cent of all counterfeiting reported in the last two years.

What is more alarming is that counterfeiting is not limited to high-end luxury items today, as common everyday items as fake cumin seeds, mustard cooking oil, ghee, hair oils, soaps, baby care vaccines and medicines are aplenty in the markets.

"There is an urgent need for building and nurturing authentication ecosystems in the country with the active involvement and active participation of all stakeholders," said Pasricha.

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News Network
February 26,2020

Feb 26: In his first reaction to incidents of violence in Delhi which have left at least 20 people dead, Prime Minister Narendra Modi on Wednesday appealed for peace and brotherhood, and said he has held an extensive review of the prevailing situation in various parts of the national capital.

He also said it was important that calm and normalcy was restored at the earliest.

“Had an extensive review on the situation prevailing in various parts of Delhi. Police and other agencies are working on the ground to ensure peace and normalcy,” Modi tweeted.

Stressing that peace and harmony are “central to our ethos”, Modi said, “I appeal to my sisters and brothers of Delhi to maintain peace and brotherhood at all times.”

At least 20 people have been killed since Sunday in communal violence in Northeast Delhi, triggered after clashes between pro and anti-CAA protestors over the Citizenship (Amendment) Act.

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News Network
June 5,2020

New Delhi, Jun 5: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.

It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital unit to Mubadala for Rs 9,093.60 crore, the sixth deal in as many weeks that will inject a combined Rs 87,655.35 crore in the oil-to-telecom conglomerate to help it pare debt.

"Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," the company said in a statement.

With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala in less than six weeks.

Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, is a next-generation technology company.

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