Yeddyurappa warns of action against dissidents

July 2, 2016

Bengaluru, Jul 2: Facing intensifying discontent in the party over his style of functioning, BJP Karnataka unit President B S Yeddyurappa today sought to quell it with a warning against "anti-party" activities by anyone, "however big they are".

YeddyurappaThe appointment of office-bearers and presidents of district units has triggered discontent against Yeddyurappa, with several party functionaries under the leadership of former Deputy Chief Minister K S Eshwarappa openly questioning his "unilateral" decisions.

They are demanding a rollback of appointments, stating that it was not discussed in the core committee (the highest decision-making body), but Yeddyurappa has refused to yield.

Stiffening his stand, Yeddyurappa while speaking at the party's state office bearers meeting here said without naming anyone, that those involved in anti-party activities, "however big they are", would not be tolerated.

"Anti-party activities will not be tolerated. For this purpose, I will be announcing a disciplinary committee."

"Anyone, however big they are or whatever the reason may be, if they involve in any anti-party activities will not be pardoned. If you have any problem, come let us sit together and discuss it. Instead of that if statements are issued it will create confusion," he added.

Eshwarappa skipped today's meeting, attended by party's state in-charge P Muralidhara Rao, Union Ministers Ananth Kumar, Sadananda Gowda and Siddeshwara, besides former Chief Minister and Leader of Opposition Jagadish Shettar.

Blaming the media for glorifying "small issues" within the party, Yeddyurappa said "when there is infighting within Congress and JD(S), we will have to work together."

"We have a responsibility on us, so we have to be together and cooperate," he added.

Eshwarappa has held a series of meetings of like-minded leaders in the last couple of days, during which criticism was expressed over Yeddyurappa's style of functioning, the "high handedness" of his loyalists in party affairs and prominence given to those in his erstwhile outfit Karnataka Janata Party (KJP).

After one such meeting yesterday, Eshwarappa said his intention was to protect the interests of loyal party workers 'who are in pain' and safeguard the system that has been in place for long.

"Let Yeddyurappa say that he has made appointments after discussing with state core committee, I will surrender today itself," he said.

Yeddyurappa was forced to resign as chief minister in 2011 over graft charges, following which he quit the party to form KJP. He returned to BJP following the announcement of Narendra Modi as party's prime ministerial candidate ahead of 2014 Lok Sabha polls and was recently appointed state party chief.

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News Network
March 7,2020

Bhopal, Mar 7: Independent MLA Surendra Singh Shera on Saturday said that he was not in any kind of captivity in Bengaluru and he will meet Chief Minister Kamal Nath soon.

"I was in Bengaluru for my daughter's medical treatment. I was not in any kind of captivity. I will meet CM Kamal Nath soon," Shera told reporters here upon returning to Bhopal from Bengaluru.

Earlier, Rajya Sabha MP and senior Congress leader Digvijaya Singh alleged that the BJP had escorted four Madhya Pradesh MLAs, including three from his party, to Bengaluru.

"Last night, two charter planes were booked by BJP to take MLAs to Bengaluru. One was a 9-seater plane while the other was 12-seater. In the 12-seater plane, four MLAs were taken to Bengaluru. Out of them, three Congress MLAs Bisahulal Singh, Raghuraj Kansana and Hardeep Dang and one Independent MLA Surendra Singh Shera," Singh had said.

He has accused BJP of resorting to horse-trading in order to bring down the Kamal Nath government.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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February 29,2020

Bengaluru, Feb 28: Bengaluru Police Commissioner Bhaskar Rao on Friday said that Section 144 will be imposed near Vidhana Soudha for Budget session starting from March 2.

"Section 144 of the CrPC (prohibits assembly of more than 4 people in an area) will be imposed in the area around Vidhana Soudha from March 2 to March 31 ahead of the Budget session,"Bhaskar Rao said.

The police said that they have intelligence inputs of protests near Vidhana Soudha.

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