JD(U) snubs BJP for unilaterally announcing its stand on Prez election

May 1, 2012

jdu


New Delhi, May 1: Indicating fissures in the NDA over the issue of Presidential election, the JD-U today snubbed the BJP for unilaterally announcing its stand on the issue.

"Whatever Sushma Swaraj has said is the opinion of the BJP. This is not our party's view. The issue was not discussed in any NDA meeting. BJP has not discussed the issue with us," JD-U President Sharad Yadav told reporters here.

He also said that the country is in a bad shape and "everybody needs to be on the side of caution on this issue".

He was reacting to Swaraj's statement yesterday that BJP will not support the candidature of Finance Minister Pranab Mukherjee, Vice President Hamid Ansari or any candidate put up by the Congress for the Presidential election.

Asked whether JD-U agrees with the stand of Swaraj, Yadav merely said, "Ours is a different party and their's is another. Neither have we discussed this issue with the BJP nor have they done it with us so far."

Yadav, who is also the NDA convener, also referred to the statement of SAD leader Sukhbir Singh Badal to hammer home his point that the issue has not been decided by NDA as yet.

Badal said that there has been "no formal meeting" of the alliance so far and hence he cannot comment that who will be NDA's Presidential candidate.

"This will be the decision of the collective leadership. I am just a member of the alliance", was his refrain when asked whether they support the candidature of former President Abdul Kalam.

Swaraj had said that the party was open to the idea of backing former President A P J Abdul Kalam if parties like Samajwadi Party mooted his name.

Yadav said the NDA has not yet discussed any name for the Presidential candidate.

The JD(U) has not discussed any probable candidates for the Presidential elections yet, Yadav said, adding that the party will form an opinion after having internal discussions.

"Whenever such a discussion takes place, the JD(U) will express its views. But, she (Swaraj) has given the opinion of her party. She has not said this after any consultation with us. I do not know whether she consulted any other NDA ally on the issue", he said.

Sources in JD-U said that the unilateral announcement by Swaraj has foreclosed options of building a consensus on the issue.

Asked whether the NDA should have settled with a Vice President like Punjab Chief Minister Prakash Singh Badal for the alliance and backed UPA's candidate for the President's job, a party leader speaking on the condition of anonymity said, "all such options have been closed by the statement".

The leader also made it clear that there was no discussion in the NDA even on supporting or putting up the name of former President Abdul Kalam as the alliance candidate this time, thereby indicating that the BJP may be proposing his name but Kalam is still not the NDA candidate.

The leader pointed out that even in 2007, when the BJP was proposing Kalam's renomination, NDA ally Shiv Sena had not supported his candidature. Sena had then backed Pratibha Patil's candidature in the name of Marathi pride.

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Agencies
January 11,2020

New Delhi, Jan 11: The Supreme Court is scheduled to hear the curative petition of two death row convicts in 2012 Nirbhaya gang-rape case on January 14.

A five-judge Bench of Justices N V Ramana, Arun Mishra, R F Nariman, R Banumathi and Ashok Bhushan will hear the petition filed by Vinay Sharma and Mukesh.

The duo had moved a curative petition in the top court after a Delhi court issued a death warrant in their name and announced January 22 as the date of their execution.

Besides them, two other convicts named Pawan and Akshay are also slated to be executed on the same day at 7 am in Delhi's Tihar Jail premises.

They were convicted and sentenced to death for raping a 23-year-old woman on a moving bus in the national capital on the night of December 16, 2012.

The victim, who was later given the name Nirbhaya, died at a hospital in Singapore where she had been airlifted for medical treatment.

A curative petition is the last judicial resort available for redressal of grievances. It is decided by the judges in-chamber.

If it is rejected, they are legally bound to move a mercy petition. It is filed before the President who has the power to commute it to life imprisonment.

The court after issuing a black warrant in their name gave them two weeks' time to file both the curative and mercy petition.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
March 5,2020

Mar 5: The fourteen Italians, who have tested positive for coronavirus, have been shifted to the Medanta Hospital in Gurgaon from an ITBP quarantine centre.

The hospital issued a statement on Thursday morning, saying these patients are housed on a completely separate floor, which has been quarantined and has no contact with the rest of the hospital.

There is a dedicated medical team wearing protective gear looking after these patients.All items used on the floor are isolated to that floor.

The isolated floor will completely contain the disease even with these asymptomatic persons. All other hospital operations are operating as normal, and there is no increased risk to patients, visitors or staff, the statement said.

Twenty-one Italian tourists and their three Indian tour operators were shifted out from an ITBP quarantine centre here on Wednesday as they were exposed to novel coronavirus.

An affected Italian couple is being treated at Jaipur's SMS medical college.

Officials on Tuesday said the foreigners have been sent to a private hospital in Gurgaon and a centre in the national capital while the Indians have been transferred to the Safdarjung Hospital.

Fourteen Italians and an Indian (driver), who were in the same group as the affected Italian couple, tested positive for the virus as per information provided by the Health Ministry.

The Italian tourists and three Indians were admitted to the Indo-Tibetan Border Police (ITBP) force centre in Chhawla on Tuesday.

The Centre already has 112 people, 76 Indians and 36 foreigners, since February 27 after they were evacuated by an Indian Air Force (IAF) plane from China's Wuhan, the epicentre of the deadly coronavirus.

The first samples of these 112 people had tested negative when reports came in last week.

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