Jaganmohan Reddy to launch indefinite fast in jail from today

August 25, 2013

JaganmohanVijayawada, Aug 25: YSR Congress party chief Jaganmohan Reddy will go on indefinite fast from Sunday opposing proposed bifurcation of Andhra Pradesh.

Jagan's mother and YSR Congress honorary president Y S Vijayamma on Saturday had called off her indefinite fast after she was forcibly shifted to a hospital in Guntur in the wee hours.

Vijayamma, who began indefinite hunger strike at Guntur on August 19, called off the protest in the evening though she had vowed to continue it from the hospital.

She also announced that her son and jailed Kadapa MP Jagan Mohan Reddy will go on indefinite fast seeking "justice for Seemandhra people".

"I am ending my indefinite fast on request of Jagan," she told reporters at Gannavaram airport here while returning to Hyderabad from Guntur.

Vijayamma alongwith former TDP minister S Aruna, MLC N Raha Kumari and MLA Y Srinivas Rao, who were on hunger strike since last five days, were forcibly taken to government general hospital by police in the wee hours due to their deteriorating health.

She had vowed to continue her fast from the hospital even as both YSR Congress and TDP called for a shutdown on Saturday in Guntur town against the police action.

"Bifurcation (of Andhra Pradesh) is unfortunate and is injustice to Seemandhra region. The creation of Telangana would result into many complicated issues," she said.

Accusing Congress of taking the decision to divide the state in a haste Vijayamma, wife of former chief minister (late) Y S Rajasekhara Reddy, said various welfare and development programmes will come to a standstill if division is allowed.

"I wonder how government would be able to settle the pressing issues like sharing of water, development of irrigation projects," Vijayamma, who recently resigned as MLA from Pulivendula seat, said.

Referring to the CWC resolution, which proposed Hyderabad would be the joint capital of proposed Telangana and other regions--Rayalaseema and Andhra--for ten years, she said Seemandhra region would face the fund crunch due to such move.

She appealed to TDP president N Chandrababu Naidu to resign and lead the agitation against bifurcation.

Senior leaders of YSR Congress like Konathala Ramakrishna and Dharmana Krishna Das met Jaganmohan Reddy in Chanchalguda prison in Hyderabad and discussed the fast issue.

While maintaining that it was not against the state bifurcation per se, YSRC party has raised a protest over the manner in which the ruling Congress sought to go ahead with the process "without addressing the concerns of the people of Andhra-Rayalaseema regions".

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News Network
May 12,2020

Ahmedabad, May 12: The Gujarat High Court on Tuesday declared state BJP minister Bhupendrasinh Chudasama's election in 2017 as void on grounds of malpractice and manipulation.

Justice Paresh Upadhyay cancelled Bhupendrasinh Chudasama's election in an order passed on a petition filed by Congress candidate Ashwin Rathod, challenging the BJP leader's victory from Dholka constituency by a margin of 327 votes in the 2017 Gujarat Assembly polls.

In his election petition, Ashwin Rathod alleged that Bhupendrasinh Chudasama indulged in "corrupt practice and breach of many of the mandatory instructions of the Election Commission, at various stages of the election process, more particularly at the time of counting of votes".

Bhupendrasinh Chudasama currently holds charge of the education, law and justice, legislative and parliamentary affairs, and some other departments in the Vijay Rupani government.

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News Network
March 9,2020

New Delhi, Mar 9: The Delhi Police Special Cell on Monday arrested a PFI member Danish from UP''s Moradabad for allegedly spreading fake propaganda during anti- CAA protests.

"Danish was the head of the Counter Intelligence Wing of PFI and has been actively participating in the anti-CAA protest across the city," sources in the Delhi Police Special Cell said.

Sources further claimed that his arrest has given clues regarding the Information war by the Popular Front of India (PFI).

The FIR related to the protest was filed by the Crime Branch but since the larger conspiracy regarding the Delhi riots is being probed by the Cell, the matter has been transferred to them.

Delhi Police Special Cell had on Sunday arrested a Kashmiri couple from Okhla for alleged links with Islamic State (IS) Khorasan module.

The couple have been identified as Jahanjeb Sami (husband) and Hinda Bashir Beg (wife). The police have seized some objectionable material from them and were interrogating them.

When asked about the couple, the sources said, "Officers of CERT-In are analysing the Eight Mobile phones and Laptop of the couple to question them further."

The couple being an active member of ISJ&K was operating from the Valley but later shifted their base to Delhi post internet clampdown.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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