Jindal goes public with ‘extortion CD’

October 26, 2012

Jindal_Plays_extortion

New Delhi, October 26: Jindal Steel chairman Naveen Jindal on Thursday accused TV channel Zee of "extortion'' and "blackmail'' for allegedly demanding Rs 100 crore worth of advertisements in lieu of blanking out negative reports.

Earlier, Jindal's Jindal Steel and Power Limited(JSPL) had lodged an FIR on October 2 against Zee executives, Sudhir Chaudhary and Samir Ahluwalia, for alleged extortion, and had backed up his charge with 90 minutes of video recordings of an alleged sting on them.

Addressing a press conference on Thursday, Jindal said that he had been forced to go public with the "expose'' because of the channel's relentless "propaganda'' against his company. Jindal alleged that Zee News editor Choudhary and Zee Business editor Samir Ahluwalia had met executives from JSPL to suggest that they would stop the campaign over the allocation of coal blocks to JPSL if company committed to pay Rs 20 crore to the TV channel in advertizing revenue. They subsequently hiked the demand to 100 crore, Jindal alleged.

He screened the CD of the "sting" on the two Zee channel heads allegedly asking for money for more "positive coverage" as supporting proof.

The charge was rejected by Chaudhary and Ahluwalia, who issued a statement to "condemn" and "reject" the CD. "We see this as a deliberate attempt to malign and to defame us... We see the attempt today by Naveen Jindal to come out with a video as a deliberate attempt to not only suppress us but also silence the growing demand for an independent probe in the Coalgate scam.''

They asserted their channel would not be deterred by "diversionary tactic'' adopted by Jindal and JSPL, and would continue to report on the Rs 1.86 lakh crore Coalgate scam.

Recounting events at the press conference on Thursday, Jindal accused Zee of telecasting factually incorrect and defamatory stories from September 7 to 13. Jindal said that executives of the two companies met between September 13 and 19. "During this time there were no stories on JSPL. The channel kept pressuring us to give them a cheque. Dabaav dal rahe the ki aapki badnaami karte rahenge (We were under pressure that if we did not pay up Zee would continue to defame us),'' he said.

Jindal said that faced with the persistent "blackmail" and "extortion", the company decided to expose them. "We felt that we should expose them (Zee).''

"Our firm has been in business for 40 years and had never received a blackmail threat like this," alleged Jindal.The press conference was repeatedly interrupted by a Chhattisgarh-based RTI activist Ramesh Agrawal, who alleged being victimized by the Jindal group.


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News Network
July 21,2020

New Delhi, Jul 21: Prime Minister Narendra Modi and President Ram Nath Kovind on Tuesday condoled the demise of Madhya Pradesh Governor Lalji Tandon.

Tandon, 85, passed away at 5:35 am on Tuesday after a prolonged illness.

Taking to Twitter, Prime Minister Modi posted a picture with Madhya Pradesh Governor and wrote, "Shri Lalji Tandon will be remembered for his untiring efforts to serve society. He played a key role in strengthening the BJP in Uttar Pradesh. He made a mark as an effective administrator, always giving importance of public welfare. Anguished by his passing away."
"Shri Lalji Tandon was well-versed with constitutional matters. He enjoyed a long and close association with beloved Atal Ji. In this hour of grief, my condolences to the family and well-wishers of Shri Tandon. Om Shanti," he added.

President Kovind expressed condolences saying that we have lost a legendary leader today.

"In the passing away of Madhya Pradesh Governor Shri Lal Ji Tandon, we have lost a legendary leader who combined cultural sophistication of Lucknow and acumen of a national stalwart. I deeply mourn his death. My heartfelt condolences to his family and friends," he tweeted.

His last rites will be performed at Gulala Ghat in Lucknow at 4:30 pm today.

Tandon was admitted to a hospital after complaining of breathing problems, difficulty in urination and fever. He has been undergoing treatment since June 11. 

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Agencies
July 21,2020

The Retailers Association of India (RAI) has said that ad hoc lockdowns by state governments are impacting the businesses of already-stressed retailers, along with hurting the economic revival of the country.

In a statement, the body of the organised retail industry said that the long road to recovery for the Indian retail industry continues to meet stumbling blocks with numerous restrictions being imposed at the state and local levels.

"Total lockdowns in some places and limited operational hours and days in several others are creating setbacks for retailers as the already stressed retail businesses are getting further interrupted and in turn, dampening consumer sentiment," it said.

According to RAI, although the intentions are that of citizen safety and social distancing, the recent instances of local lockdowns and ad hoc restrictions being imposed in Uttar Pradesh, Maharashtra, Andhra Pradesh and Karnataka are having a distressing impact on retail businesses.

Retailers are already facing huge setbacks in terms of payment of wages and rentals due to very low sales of about 40 per cent as compared to last year, thanks to the extended lockdown, it said.

Contesting the restrictions on operating hours, Sandeep Kataria, CEO, Bata India said: "Restricted shopping time can lead to unnecessary overcrowding of stores, which is unfavourable towards the personal safety of both store staff and customers. Longer operational hours will support recovery for retailers as well as help adhering to social distancing norms."

Arvind Mediratta, MD and CEO, METRO Cash & Carry India said that these lockdowns will create severe inconvenience for all citizens as they also bar operations of food and grocery retail and wholesale stores.

Such hastily-implemented decisions by states undermine investor confidence and would come in the way of making the country "aatmanirbhar" or self-reliant, he said.

Voicing the concerns of retailers, the RAI has submitted representations to various state and local authorities that puts forth recommendations to get businesses and life of consumers on the track to recovery.

It has said that authorities should mandatorily allow essential shops including kiranas, general trade shops, supermarkets, hypermarkets and wholesalers to operate every day of the week until 9 p.m. to cater to the daily needs of the customers.

It has also sought ensuring uniform and regular opening of all categories of retail for full working hours while following stringent hygiene practices and adhering to social distancing norms. This will help avoid overcrowding outside stores as demand will get distributed over all days of the week, it said.

The industry body has also asked the local authorities to open malls in all states. Malls can ensure a safe shopping experience wherein safety measures are taken by both, the mall authorities and the retailers, it said.

Kumar Rajagopalan, CEO, RAI, said: "The need of the hour is concerted efforts by all stakeholders. While retailers are doing their bit by following stringent hygiene practices, the policymakers too need to support to ensure economic revival across the country. Consumption is important for the country and supports the business environment."

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News Network
March 30,2020

New Delhi, Mar 30: The government on Monday said there was no plan to extend the 21-day lockdown which came intro force on Tuesday midnight.

The Press Information Bureau (PIB) of the Ministry of Information and Broadcasting tweeted, saying Cabinet Secretary Rajiv Gauba has denied media reports claiming that the government will extend the lockdown.

"There are rumours & media reports, claiming that the Government will extend the #Lockdown21 when it expires. The Cabinet Secretary has denied these reports, and stated that they are baseless," it said.

The 21-day lockdown is aimed at checking the spread of the coronavirus.

Following the lockdown, there has been a massive exodus of migrant workers from big cities to their villages after being rendered jobless.

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