As many as 13 (93%) are crorepatis with their average assets pegged at Rs 3.93 crores, the report said.
Electoral trust is a non-profit organisation formed in India for orderly receiving of contributions from corporate entities and individuals to political parties.
Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore would be raised by way of sale of equity or through debt instruments such as ADR, GDR and FCCBs. In a regulatory filing, the company said the board has cleared issuance of up to 338.3 crore equity shares of face value of Rs 10 each at an issue price of Rs 13.30 per equity share for an aggregate consideration of up to Rs 4,500 crore.
Darshan Solanki, who hailed from Ahmedabad in Gujarat and was a first-year student of B Tech (Chemical) course at the IITB, allegedly died by suicide by jumping off the seventh floor of a hostel building located on the campus on February 12.
Re-elected MLAs from the ruling party added more wealth in the last five years than re-elected candidates from other political parties, shows an analysis of ADR electoral data.
The Supreme Court on Thursday directed the Election Commission of India (ECI) to produce before it in sealed cover the "up to date" data of funds received by political parties through electoral bonds till September 30, 2023.
A three-year-old boy died after he fell from the fifth floor of a club in south Mumbai where his family had gone to watch the FIFA World Cup final, a police official said on Tuesday.
The total income of national and regional parties from unknown sources for 2020-21 stands at Rs 690.67 crore.
The Congress declared Rs 526 crore as income from unknown sources which is 15.57 per cent of the total income of the national parties from unknown sources, the ADR said.
The electoral bonds scheme for funding political parties should not become a tool for "legitimisation of quid pro quo" between power centres and people who are benefactors of that power, the Supreme Court said on Thursday as it underscored the need for reducing the cash component in the electoral process.
There are a total 623 candidates in the fray, and affidavits of eight of them could not be analysed because they were either badly scanned or incomplete, the ADR said.
The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
The market breadth has turned sharply positive since May amid hopes that a decline in Covid-19 infections will lead to a revival in the economy. At 3.8, the advance-decline ratio (ADR) for May was the best since June 2020. So far this month, the ratio has remained above three - in simpler words, for every declining stock, there were nearly four advancing stocks in May and three this month. ADR is a popular market breadth indicator, with a ratio of more than two signalling an extremely bullish undercurrent.
The University Grants Commission (UGC) on Friday declared 21 universities as "fake" and not empowered to confer any degree, majority of which are in Delhi followed by Uttar Pradesh.
'Consumers are willing to increase travel spends by 20-30 per cent versus pre-pandemic.'
Lakhs of people had come for the event held on a 306-acre ground in Kharghar. The nearest weather station to the spot had recorded a maximum temperature of 38 degrees Celsius.
After years of being sequestered by the pandemic, some intrepid travellers are planning to settle their score with the novel coronavirus. With fewer or no travel curbs, they are eager to get back on the road, again. Hotels and tour operators, too, are eager to shed excess Covid baggage. And this year's Diwali promises to add that extra layer sparkle with the introduction of new flights.
'ADR's success is its ability to remain non-partisan for a very long period, sheer professionalism and tenacity, and that makes it one of the good things to happen to our democracy.'
The study showed the ruling BJP has 132 crorepati MLAs, followed by 14 of the Congress, all three Independents, and one each of the Aam Aadmi Party and the Samajwadi Party.
The driver of the car in which Cyrus Mistry was travelling lost control due to overspeeding and rammed into the divider, said Palghar Police sources on Sunday.
Donations from corporates to the national parties increased by 109 per cent between FY 2017-18 and 2018-19, said an analysis by the Association for Democratic Reforms (ADR), an NGO working for bringing in transparency in electoral politics.
Only 18 Bharatiya Janata Party legislators switched parties to contest the polls in this period
Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.
The Congress raised Rs 918.03 crore, of which 383.26 crore came through the debt instrument, which can be purchased from select branches of State Bank of India and donated to any political party.
Followed by the BSP at Rs 698.33 crore and the Congress at Rs 588.16 crore.
A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said a representation may be made by petitioner Ashwini Upadhyay to the poll panel or other authorities for consideration.
Indian shares listed on the American bourses settled mostly in the red, while Infosys defied the trend, after the New York Stock Exchange halted trading in Satyam Computer at its bourses.
The total income of seven political parties from unknown sources was Rs 2,512.98 crore in 2018-19.
The Supreme Court on Tuesday said it will consider whether the pleas challenging the validity of the electoral bond scheme for political funding of parties can be referred to a Constitution bench for an "authoritative pronouncement".
The government would take a number of steps to energise and deepen the country's corporate bond as well as currency derivatives market.
Patni's margin pressures have eased and their topline growth is robu
MR Poovamma was a member of the gold-winning 4x400m women's and mixed relay teams in the 2018 Asian Games and also part of the 4x400m relay squad that won the gold at the 2014 Asian Games.
Sixteen per cent of the candidates contesting in the first phase of Assam assembly elections have declared criminal cases against themselves, according to a report by poll rights group Association for Democratic Reforms (ADR).
The stage is set for the high-stakes civic polls in Delhi on Sunday, with poll authorities and security forces all geared up for the elections, largely being seen as a three-way contest among the Aam Aadmi Party, the Bharatiya Janata Party and the Congress.
India now has three companies in the global top 100 list in terms of market value: Reliance Industries (RIL) ranks 72, Tata Consultancy Services (TCS) is at 86 and HDFC Bank at 99.
Earlier on Tuesday, the Indian Navy officials, in their statement, informed that 'in an unfortunate incident today at Naval Dockyard Mumbai, 3 naval personnel lost their lives in an explosion in an internal compartment onboard INS Ranvir. Responding immediately, the ship's crew brought the situation under control. There is no major material damage', the officials said.
About 24 or 31 per cent ministers have declared serious criminal cases including cases related to murder, attempt to murder, robbery etc.
Investors willing to pay premium for only software, banking stocks.
Securities and Exchange Board of India on Tuesday said it would introduce Indian depository receipts (on the lines of American Depository Receipts or Global Depository Receipts
British Olympic 4x100m relay silver medallist Chijindu Ujah's B-sample has also confirmed an Adverse Analytical Finding (AAF) and his case will be referred to the Court of Arbitration for Sport, the International Testing Agency (ITA) said on Tuesday.
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