BJP, TDP officially ink alliance

April 6, 2014

TDPHyderabad, Apr 6: As per the deal, the saffron party would contest five Lok Sabha and 15 Assembly constituencies in Seemandhra and eight parliamentary and 47 Assembly seats in Telangana

A fortnight-long, alliance and seat-sharing exercise came to an end around noon on Sunday with the Telugu Desam conceding to give the Bharatiya Janata Party 47 Assembly and eight Lok Sabha seats in Telangana and 15 and five to contest, respectively, in the residuary State of Andhra Pradesh in the general elections.

TDP president N. Chandrababu Naidu, flanked by BJP national spokesperson Prakash Javdekar and BJP treasurer Piyush Goyal and National Democratic Alliance (NDA) co-convenor and Shiromani Akali Dal MP, Naresh Gujral, announced the TDP’s re-entry into the NDA. Others present included Y. Ramakrishnudu of the TDP and while senior BJP leader Bandaru Dattatreya was present, the absence of the BJP’s Telangana State President G. Kishan Reddy was conspicuous.

When asked about Mr. Reddy’s resentment over certain seats, specially in and around Hyderabad being taken by the TDP, Mr. Javdekar said there was nothing like that. “You will joint campaigns being rolled out soon. We are a democratic party and all of BJP is committed,” he quipped, appearing to dismiss the very idea that Mr. Reddy could be out.

Elections to 119 assembly and 17 Lok Sabha seats in Telangana are scheduled for April 30, while 175 assembly and 25 Lok Sabha constituencies in Seemandhra will go to the hustings on May 7. The breakthrough in alliance talks came on Saturday night at a city hotel after top leader of the TDP and BJP intervened, to smoothen things out.

The two parties reached the agreement as the delay was leading to rebellion in both the camps. Even as the formal announcement was being made, there was slogan-shouting by TDP cadres outside Mr. Naidu’s residence. Among constituencies from where cadres protested were those seeking the TDP ticket for Bonda Umamaheswara Rao from Vijayawada Central and from Malkajgiri, that sitting Medak MLA of the TDP, Mynampalli Hanumantha Rao.

Mr. Naidu, Mr. Javdekar and Goyal hailed the alliance as one that would usher in a ‘corruption-free, Congress-free India’ and put the great nation on the international map. “Any small problems posed by voices of dissent and disappointment will be smoothened out,” they chorused, adding that now was the time to prepare for the electoral battle to throw the Congress out.

Mr. Naidu said the agenda at the end of the day was corruption-free governance that would propel India forward, fast-enough to make up for the 10-year slag, thanks to the United Progressive Alliance rule. “Our aim is to provide a stable and efficient Government and honest administration. I am confident that the NDA will end up with 300-plus Lok Sabha seats,” he said, to applause.

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News Network
January 6,2020

Hyderabad, Jan 6: AIMIM president Asaduddin Owaisi on Monday expressed solidarity with students of Jawaharlal Nehru University in Delhi, following violence in the campus and said the "cruel attack" was meant to "punish"the students as they "dared to stand up".

"In solidarity with the brave students of JNU. This cruel attack is meant to 'punish' JNU students because they dared to stand up. It's so bad that even Union Ministers are tweeting helplessly. Modi Sarkar must answer why cops aresiding with goons," the Hyderabad MP tweeted.

The AIMIM has also tweeted expressing solidarity with the "students of JNU". "AIMIM stands in solidarity with the students of Jawaharlal Nehru University. Who feels threatened by the voice of students?," the party said in a tweet.

Violence broke out at the JNU on Sunday night as masked men armed with sticks and rods attacked students and teachers and damaged property on the campus, prompting the administration to call in police which conducted a flag march.

At least 28 people, including JNU Students' Union president Aishe Ghosh, were injured as chaos reigned on the campus for nearly two hours.

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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
June 3,2020

New Delhi, Jun 3: Seasoned diplomat and former spokesperson of the External Affairs Ministry Raveesh Kumar has been appointed as India's next Ambassador to Finland, the government announced on Wednesday.

Raveesh Kumar, a 1995-batch Indian Foreign Service officer, served as the spokesperson of the MEA from July 2017 to April 2020 during which he deftly articulated India's position on a number of sensitive issues including last year's Balakot strike, reorganisation of Jammu and Kashmir and the controversy surrounding the National Register of Citizens.

"He is expected to take up the assignment shortly," the MEA said.

Before becoming the MEA spokesperson, Kumar was serving as Consul General of India in Frankfurt.

Kumar started his career at the Indian Mission in Jakarta and it was followed by his postings in Thimpu and London.

In his nearly 25-year career, Kumar also looked after the East Asia desk in the headquarters of the MEA in Delhi and served as Deputy Chief of Mission in Jakarta followed by his posting as Consul General in Frankfurt from August 2013 to July 2017.

In Finland, he succeeds Vani Rao.

Finland is an important country for India in Europe, and bilateral trade has been on an upswing in the last few years.

Around 35 Indian companies have invested in Finland in IT, healthcare, hospitality and automotive sectors while over 100 Finnish companies have operations in India in energy, textiles, power plants and electronics sectors.

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