Allegations 'utterly false', 'defamatory': Vadra

October 7, 2012
robert_gandhi

New Delhi, October 7: Robert Vadra today dismissed as "utterly false, entirely baseless and defamatory" allegations over his property dealings with DLF and said he was saddened by attempt of activists Arvind Kejriwal and Prashant Bhushan to malign him and his family to "gain cheap publicity".

"I am a private law abiding citizen who has been engaged in business over the last 21 years. The allegations levelled against me by Kejriwal and Bhushan are utterly false, entirely baseless and defamatory", Vadra, Congress President Sonia Gandhi's son-in-law, said in a statement, two days after charges made by the civil society activists at a press conference here created a political storm.

43-year-old Vadra said he was "saddened by the attempt of Kejriwal and Bhushan to deliberately misrepresent numbers contained in my financial statements, manufacture lies against me and malign me and my family in order to gain cheap publicity for themselves and for the launch of their political party".

He said, "My business transactions are fully reflected in financial statements filed before appropriate government authorities in compliance with the law. They are available in the public domain to anyone interested in knowing the truth."

His statement came a day after he broke his silence over the controversy surrounding his property dealings, saying he could "handle all the negativity".

Kejriwal earlier today described as "half truths and lies" the clarifications of reality major DLF on the allegations that Vadra was given property at throw away prices for government favours.

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

Vadra had said yesterday in his post on a social networking site, "Thank you so much for your concern. I am fine and can handle all the negativity. I have lost people I loved, what can be worse."

Congress has already dismissed opposition demands for a probe into the matter.

"An inquiry into what? Is a business transaction between two private entities duly reported to the statutory authorities illegal? Is it a crime," party spokesman Manish Tewari had said while terming the activists as 'B' team of BJP.

He was asked about demands for a probe into the affairs of Vadra as also how his business has grown to a level of Rs 300 crore from a tiny capital base.

The refrain of AICC as also several Union Ministers was that all the information about the business of Vadra has been regularly filed with the statutory authorities.

Besides, Congress has maintained that the charges made by "B team of BJP" were nothing but "baseless and unsubstantiated".


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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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News Network
April 11,2020

Malappuram, Apr 11: Farmers in Malappuram district are facing problems in selling cucumbers and watermelons due to the drop in demand and prices in the market amid the nationwide COVID-19 lockdown.

"We have cultivated cucumbers for our Vishu festival in Kerala. In recent conditions, we are facing issues in selling our crops. In comparison to the previous years, we have a huge production this time," said Saifu, a farmer in the Malappuram district.

"We have also cultivated different kinds of watermelons here. The major issues that we are facing are the low prices and the lockdown," he added.

The nationwide COVID-19 lockdown was imposed by Prime Minister Narendra Modi form March 25 for 21 days as a precautionary measure against the spread of the virus.

According to the Union Ministry of Health and Family Welfare, the total number of positive COVID-19 cases in Kerala is 364. Till now, 123 people have either been cured or discharged, while two deaths have been reported.

The total number of positive coronavirus cases across the country are 7,529 including 6,634 active cases. So far, 652 patients have either been cured or discharged while 242 deaths have been recorded in the country, as per data provided by the Ministry of Health on Saturday evening.

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Agencies
February 4,2020

The government suspended all the India-bound air travel from China and has declared all visas 'invalid', on Monday, due to the rapid escalation of cases of novel coronavirus outbreak which originated in Wuhan.

"Embassy and our Consulates have been receiving several queries from Chinese citizens as well as other foreign nationals, who are based out of China or visited China in the last 2 weeks, as to whether they can use their valid single/multiple entry visas to travel to India," tweeted the Embassy of India in Beijing, China.

"It is clarified that existing visas are no longer valid. Intending visitors to India should contact the Indian Embassy in Beijing ([email protected]) or the Consulates in Shanghai ([email protected]) and Guangzhou ([email protected]) to apply afresh for an Indian visa," it said.

Further, regarding the validity of visas, the embassy said, "Indian Visa Application Centres (http://blsindia-china.com) in these cities may also be contacted in this regard. Visa Section of the Embassy/Consulates of India in China can be contacted to ascertain the validity of visa before undertaking any visit to India."

"All those who are already in India (with regular or e-visa) and had traveled from China after January 15 are requested to contact the hotline number of Ministry of Health and Family Welfare of Government of India (+91-11-23978046 and email: [email protected])," the embassy said.

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