DLF clarifications 'half truths and lies': Kejriwal

October 7, 2012

priyanka-gandhi-robert-vadra New Delhi, October 7: Activist Arvind Kejriwal today described the clarifications of realty major DLF on his allegations that Robert Vadra was given property at throw away prices for government favours as "half truths and lies".

"DLF has issued a response. It is full of half truths and lies. A lot of information has been supressed," he tweeted.

"We will issue a detailed response tomorrow. But does Vadra stand by DLF response or does he have another version. Would appreciate his version," Kejriwal said.

DLF has rejected the allegations that it had given unsecured loans to 43-year-old Vadra, son-in-law of Congress President Sonia Gandhi, as a 'quid pro quo' for favours and said it had transparent dealing with him as an individual entrepreneur.

In a statement yesterday, the company had said it had given Rs 65 crore as "business advances" out of which Rs 15 crore was fully refunded and Rs 50 crore was used for purchase of land.

Rejecting the allegations made by activists Kejriwal and Prashant Bhushan that the company favoured Vadra, DLF had said it neither received any undue benefit from any state governments nor was it alloted any land by Delhi, Haryana and Rajasthan governments.

DLF had also dismissed the charge that the company sold properties to Vadra and his companies at a throwaway price.

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Yes Bank will not be merged with SBI, says Prashant Kumar

News Network

March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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‘May this festival bring peace’: Amit Shah extends Eid al-Fitr greetings

Agencies

May 25,2020

New Delhi, May 25: Union Home Minister Amit Shah on Monday extended his greetings on the occasion of Eid-ul-Fitr and wished that the festival will bring peace and happiness to all.

"Extend my warm greetings on the occasion of Eid-ul-Fitr. May this festival bring peace and happiness in everyone's life," Shah tweeted.

Eid-ul-Fitr is being celebrated across the country on Monday.

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Air India's Delhi-Moscow Flight Returns Midway, Pilot Has COVID-19: Report

News Network

May 30,2020

New Delhi, May 30: An Air India flight from Delhi to Moscow on Saturday had to return midway after the airline's ground team found out that one of the pilots had tested positive for novel coronavirus, officials said.

"When the A320 plane, which did not have any passengers as it was heading to Moscow to bring back stranded Indians under Vande Bharat Mission, had reached Uzbekistan's airspace, our team on ground realised that one of the pilots had tested COVID-positive," senior Air India officials said.

"The flight was immediately asked to return. It came back to Delhi at around 12.30 pm on Saturday," the officials said. The crew has been quarantined. Another plane would be sent to Moscow to bring back the stranded Indians, according to the officials.

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