New Delhi, Nov 20: Senior Congress leader Udit Raj on Thursday took aim at Maharashtra Samajwadi Party (SP) chief Abu Azmi over his remarks on the former’s party, stating that SP chief Akhilesh Yadav should “discipline” such leaders.

He also compared the SP’s performance when it went solo in the polls and when it contested the elections with the Congress, stating that Azmi’s “senseless” remarks will only “strengthen the NDA”.

Azmi has said that the “arrogance” of Congress is “drowning” the party and that it no longer has a “stable vote bank”.

Reacting to this, Udit Raj told Media, “I would urge Akhilesh Yadav to discipline such people. What arrogance? There is no arrogance. We are fighting the ground-level battle, making sacrifices. Another point is that in 2019, the Samajwadi Party won 6 seats, and when it contested the election with the Congress, it won 37 seats this time. So who benefited? Who gains strength by making such senseless statements? It only strengthens the NDA. I would tell Akhilesh Yadav to keep such people under control.”

Attacking the Congress, Azmi had alleged that the party always assumes the position of dominance in any alliance and claimed that in the past, it had even walked out of partnerships just ahead of final seat-sharing decisions.

“Akhilesh Yadav formed an alliance very carefully, and we did well… However, Congress is facing the consequences of its own actions. Look at their condition… Congress’ arrogance is pulling it down. What does it do in the name of contesting for minorities? The party no longer has a stable vote bank. Despite being a national party, its role in the alliance is also not satisfactory,” Azmi told reporters.

Reiterating his decision to contest without any coalition, Azmi said that earlier alliances brought only “betrayal”.

He added that while the SP wants all secular forces to stand together to prevent vote-splitting, larger parties “only know how to take and do not know how to give”.

Hyderabad, Nov 20: Telangana Governor Jishnu Dev Varma has given his nod to prosecute former minister and BRS working president K.T. Rama Rao in the Formula E race case.

The nod comes two months after the state government sent the file to the Governor seeking his permission to prosecute the Bharat Rashtra Samithi (BRS) leader in the case relating to alleged misuse of Rs 54.88 crore public funds.

This will pave the way for the Anti-Corruption Bureau (ACB) to file the charge sheet.

It was in September that the ACB submitted its report and, through the state government, sought the Governor’s sanction to prosecute K.T. Rama Rao (KTR), senior IAS officer Arvind Kumar and others.

However, the prosecution of Arvind Kumar requires permission from the Department of Personnel and Training (DoPT) of the Central government. It was immediately not clear if the ACB would file the charge sheet against all the accused after receiving permission from DoPT or file an initial charge sheet against KTR.

After nine months of probe into the alleged irregularities in hosting the Formula E race in Hyderabad during the previous BRS regime, the ACB had submitted its report to the government.

He has been accused of receiving Rs 44 crore in the form of an electoral bond from a sponsorship company as a quid pro quo for granting it rights to organise the race.

The ACB in December last year booked a case against KTR, former Special Chief Secretary, Municipal Administration and Urban Development (MA&UD), Arvind Kumar and the Hyderabad Metropolitan Development Authority’s (HMDA) former Chief Engineer B.L.N. Reddy for alleged Rs 54.88 crore irregularities in the Formula E deal.

After the Governor gave his permission for the probe, the FIR was registered on a complaint by Principal Secretary, MA&UD, M. Dana Kishore, who stated that foreign remittances were made without prior approvals of the relevant regulatory authorities, which resulted in additional tax burden to HMDA to the tune of Rs 8.06 crore.

The complainant also alleged that the payment was made while the Model Code of Conduct was in effect for the elections to the state Assembly without any prior approval of the Election Commission. The FIR was registered under the Prevention of Corruption Act as well as under the Indian Penal Code’s (IPC) Sections 409 (criminal breach of trust) and 120B (criminal conspiracy).

The ACB questioned KTR, Arvind Kumar and B.L.N. Reddy multiple times in the case.

The former minister, who was questioned by the ACB four times, dismissed the Formula E case as a “bogus case”.

KTR said he had made every effort to bring the Formula E race to Hyderabad. He admitted that it was he who had directed the release of Rs 46 crore from the government, but clarified that the funds had been deposited directly into the designated account. “Not a single rupee has been misused. Every rupee is accounted for. Where then is the corruption?” he asked.

The BRS leader asserted that even if prosecution proceeded or charge sheets were filed, nothing would stand.

Mumbai, Nov 20: Groww’s share price continued to fall for the second day in a row on Thursday as investors booked profits after the stock’s strong rally last week.

The shares slipped as much as 9 per cent during early trade, touching an intra-day low of Rs 154.10 on the National Stock Exchange (NSE).

This is a 9.29 per cent drop from the previous day’s close.

During early trade, the market value of Billionbrains Garage Ventures — Groww’s parent company — fell to Rs 97,431.70 crore, slipping below the Rs 1 lakh crore mark.

The decline follows Wednesday’s sharp fall, when the stock hit the 10 per cent lower circuit on both the BSE and NSE, ending a five-day winning streak.

It closed at Rs 169.94 on the BSE and Rs 169.89 on the NSE in the previous trading session.

On Wednesday, the exchanges also revised Groww’s price band from 20 per cent to 10 per cent, limiting how much the stock can move in a single session.

The next key event for the stock is on Friday, November 21, when the company will announce its quarterly results — its first earnings report since listing last week.

Earlier, in a filing to the stock exchanges, Groww said its Board of Directors will meet on Friday, November 21, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

Another important trigger is expected on December 10, when the one-month lock-in period for shareholders ends.

Groww, founded in 2016, is currently India’s largest stockbroker with more than 12.6 million active clients and a market share of over 26 percent as of June 2025.