National
BJP questions Congress’ march in support of Rahul Gandhi.
The BJP on Friday questioned the Congress’ march in support of its leader Rahul Gandhi after he was convicted in a criminal defamation case.
The Congress MP was sentenced to two years imprisonment along with a fine of Rs 15,000 by a Surat court on Thursday for his “Modi surname” remark in April 2019.
Questioning the Congress’ stance, Union Minister and BJP leader Bhupender Yadav said, Rahul has insulted the entire OBC community.
“I want to know why they want to take out this march. Is the party taking out this march because he has the right to humiliate the OBC community,” he wondered.
“He abused a ‘surname’… If there is a judicial decision, should a march be taken out against it… Will it not be an insult to the country’s judiciary,” the Union Minister asked.
“Rahul is a habitual liar and on a constant mode to defame India. Moreover, his words — reflecting his psychology of disrespect towards the OBCs — is very much shameful,” he said.
On Parliament logjam, Yadav said: “The irresponsible behaviour of the opposition, its actions resulting in non-functioning of the Parliament, disrespecting parliament on a foreign land reflect the anti-democratic stance of the Congress.”
On the other hand, BJP chief J. P. Nadda said, Rahul ignored the option of repeatedly explaining and apologising to the society and the court, and hurt the sentiments of the OBC society.
The BJP chief alleged that even after being sentenced, Rahul and the Congress, due to their arrogance, are constantly adamant on their statements and are hurting the sentiments of the OBC community.
During a rally in 2019, Rahul had said: “Why do all these thieves have Modi as their surname? Nirav Modi, Lalit Modi, Narendra Modi.”
Modi surname belongs to mostly people from the oil presser caste who are part of the OBC.
Business
‘Innocent Unless And Until Proven Guilty’: Adani Group Issues Statement In The US Bribery Indictment; Denies Charges, Calls Them Baseless
The Adani Group, which has been at the eye of the storm since the beginning of the new day, has issued a statement in the US Indictment matter.
Adani Denies Charges
The company, in a statement procured by the conglomerate-owned IANS, said, “The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied.”
Furthermore, the statement asserted its stance and added, “As stated by the US Department of Justice itself, “the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty.” All possible legal recourse will be sought.”
Committed to Highest Standards
The Adani Group further added that it has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations.
US Court Indicts Adani and Co.
The company, in an attempt to assuage stakeholders, partners and employees, said that the company is a law-abiding organisation, fully compliant with all laws.
The storm was kicked off by a post from short-seller group Hindenburg, which shared the news of the US Federal Court’s indictment of Gautam Adani and seven others associated with the company.
Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) bribe to Indian officials in exchange of favourable terms for solar power contracts.
The press release from the US court elaborated on the allegations and claimed that the company and its leadership had indulged in mass bribery activity, in which the company bribed Indian officials to bag a contract for its Adani Green Energy company.
This in turn led to misleading American investors and global financial investors.
The court reportedly also issued an arrest warrant against Gautam Adani and seven others.
Adani Shares Tank
In the aftermath of the report, Adani Group company shares tanked at Dalal Street. With Adani Enterprises shares hitting the lower circuit, losing 20 per cent of their value. The situation was the same with the other Adani stocks, including Adani Green Energy, which is in the middle of the new storm.
Business
Wagh Bakri Director Parag Desai, Injured In Attack By Stray Dogs, Dies Due To Brain Haemorrhage At 49
Parag Desai, executive director at Gujarat Tea Processors and Packers, which is known for its brand Wagh Bakri passed away on October 22, a week after he was injured in an accident.
Desai was admitted to Shelby Hospital on October 15 after he slipped outside his residence trying to fight street dogs that attacked him. He suffered severe head injuries during the fall that led to brain haemorrhage.
A security guard informed the family member of the incident after which he was rushed to the hospital. After a day of observation at Shelby Hospital, Desai was moved to Zydus Hospital for a surgical procedure.
However, he passed away on Sunday due to brain haemorrhage.
Gujarat Congress Chief and Rajya Sabha Member Shaktisinh Gohil offered his condolences through a social media post. He said, “Very sad news coming in. Parag Desai, Director and owner Wagh Bakri Tea passed away. He had a brain haemorrhage following a fall. May his soul rest in peace. My condolences to the entire Wagh Bakri family across India.”
He was the son of Rasesh Desai, the Managing Director of the Wagh Bakri Tea Group. Desai is survived by his wife and daughter Vidisha and Parisha.
Deasi who led the Group’s transformation into Tea lounges and e-commerce has completed his MBA from Long Island University in the US. He was an expert tea taster and evaluator and through his career has spearheaded the sales, marketing and export department for the group.
Business
Adani Group Reacts To Allegations Against Mahua Moitra; Reiterates Groups Working To Harm Company
Adani Group in a statement on Monday in a statement talking about a complaint against Trinamool Congress MP Mahua Moitra resinstates that there are some groups and individuals working against the company to tarnish its reputation.
The statement comes after Supreme Court lawyer Jai Anant Dehadrai filed a complaint with the CBI in the form of a sworn affidavit on Sunday against MP Mahua Moitra and Darshan Hiranandani, CEO of Hiranandani group for targeting Adani Group through parliamentary questions.
The complaint by Jain Anant Dehadrai further states that Moitra received bribes and undue favours from Hiranandani.
The company in its official statement reiterated that there are groups working against the company. The company said,”This development corroborates our statement of 9 October, 2023 that some groups and individuals have been working overtime to harm our name, goodwill and market standing. In this particular case, the lawyers complaint reveals that this arrangement to besmirch the reputation and interests of the Adani Group and our Chairman Mr. Gautam Adani has been in place since 2018.”
Nishikant Dubey Demands an inquiry
Post the complaint Bharatiya Janata Party (BJP) MP Nishikant Dubey wrote a letter to Union IT Minister Ashwini Vaishnaw and Union Minister of State (MoS) IT Rajeev Chandra Shekhar making “cash for query” allegations against Trinamool Congress MP Mahua Moitra and demanding an inquiry committee against her.
This comes a day after Dubey wrote a letter to the Lok Sabha Speaker over the same matter, demanding the formation of an enquiry committee against the TMC MP. He has also sought Moitra’s suspension from the House.
Hiranandani denies allegations
However, Hiranandani group has denied the allegation. A spokesperson from the Hiranandani Group said, “We have always been in the business of business and not in the business of politics. Our group has always worked with the government in the interest of the nation and will continue doing so.
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