Budget may bring exemption for those backed by Indian securities other than shares
Of the 788 candidates contesting 89 seats in the first phase of Gujarat Assembly polls, 211 are 'crorepatis', with the ruling Bharatiya Janata Party accounting for 79 such nominees, the Association for Democratic Reforms (ADR) said in a report on Thursday.
A 62-year-old polling booth agent of Shiv Sena-Uddhav Balasabeh Thackeray was found dead inside the toilet of a polling booth in Mumbai's Worli area on May 20, said police on Tuesday.
The Supreme Court of India has scheduled a hearing on February 19 for pleas challenging the appointment of the Chief Election Commissioner and Election Commissioners under the 2023 law. The court emphasized the potential consequences if any action is taken before the hearing. The pleas argue that the 2023 law, which excludes the Chief Justice of India from the selection panel, undermines the independence of the Election Commission and allows for undue influence from the executive branch. The court's earlier verdict in March 2023 called for an independent selection panel comprising the Prime Minister, Leader of the Opposition, and the Chief Justice of India to ensure the integrity of the Election Commission. The case highlights concerns about the independence of India's electoral process and the potential for political influence in the appointment of key election officials.
The Aam Aadmi Party tops the list with 61 such candidates.
The Supreme Court will hear on February 19 pleas challenging the appointments of the Chief Election Commissioner and Election Commissioners under the 2023 law. The court will take up the matter on a priority basis, after some urgent listed matters. The government has appointed a new CEC and ECs under the new law, which excludes the Chief Justice of India from the selection panel, despite a 2023 Supreme Court verdict directing the inclusion of the CJI in the panel. The petitioners argue that the exclusion of the CJI undermines the independence of the election commission.
The Supreme Court has adjourned pleas challenging the appointments of the chief election commissioner (CEC) and election commissioners (ECs) under the 2023 law. The court indicated the matter would be listed after the Holi festival break due to a paucity of time. Petitioners, including the NGO Association for Democratic Reforms, argued for an urgent hearing, emphasizing the importance of the issue and the potential impact on democratic processes. The appointment of the new CEC and ECs under the 2023 law, which excludes the Chief Justice of India from the selection panel, has been a point of contention, with petitioners alleging it undermines the independence of the election commission.
Infosys Technologies Ltd plans a sponsored secondary ADR program. The company board okayed sponsorship of an ADR issue of 2 to 3 million shares, equivalent to 4 to 6 million ADRs.
More than a year after a woman's body was recovered from a creek in Thane district, police have found that she was pushed to death from a bridge by her lover for resisting his sexual advances. The 23-year-old victim, identified as Mansi Bhoir, had disappeared in November last year. Police have arrested two accomplices of the main accused, who is already in jail in a separate case. The case was cracked after the police investigated another woman's murder case and identified the victim based on a tattoo and other features. The investigation revealed that the accused, Adil Sheikh, was frequently in touch with Mansi before her disappearance and was in the vicinity of the Kalwa creek on the night of November 4, when Bhoir's body was found. The police said that during their meeting, Sheikh pushed Mansi off the bridge after she resisted his sexual advances. He then called two associates who helped him push Mansi to death from the pillar. Her body was discovered some kilometres away. The two accomplices have been arrested, while the main accused is already in jail for attempted murder.
Maharashtra now has 20 ministers, including the chief minister, after the council of ministers was expanded on August 9 with the induction of 18 members.
No limit exists on the number of electoral bonds that a person (including corporate entities) can purchase.
A little over 2,400 BSE-listed stocks ended with gains in April amid a sharp rebound in the broader markets from the March lows. This was the highest number of stocks that rose during a calendar month, as per data provided on BSE's website. The previous high was 2,322 gainers recorded in January.
The ECI data covers 20,421 bonds worth Rs 12,769 crore. The ADR data, however, collated information on 27,811 bonds worth Rs 16,492 crore. The gap is nearly Rs 4,000 crore and involves over 7,000 bonds.
The Association for Democratic Reforms slams the Budget proposals on political funding, says they lack teeth and show the "lack of political will" in proposing real reforms.
The decomposed body of the 31-year-old actor was found on Friday evening after neighbours complained of a foul smell emanating from her apartment, an official said.
According to the report, 32 (73 per cent) out of 44 candidates analysed from the Rashtriya Janata Dal have declared criminal cases against themselves and 22 (50 per cent) of them have declared serious criminal cases against themselves in their affidavits.
Electoral trust is a non-profit organisation formed in India for orderly receiving of contributions from corporate entities and individuals to political parties.
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.
The report prepared by ADR also stated that 81 per cent are crorepatis.
Andhra Pradesh's Chandrababu Naidu has emerged as the wealthiest chief minister with declared assets worth over Rs 177 crore, followed by Arunanchal Pradesh's Pema Khandu (over Rs 129 crore) and Amarinder Singh of Punjab (over Rs 48 crore).
The sponsored ADR issue, which is equivalent to 4 million to 6 million ADRs, was approved at an extraordinary general meeting held in Bangalore.\n\n\n\n
The National Anti-Doping Agency (NADA) on Wednesday served a notice to wrestler-turned-politician Vinesh Phogat for whereabouts failure and sought an explanation within 14 days.
'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'
Forty-two of the 102 Lok Sabha seats going to polls in the general election's first phase are constituencies that have three or more candidates facing criminal cases, according to a poll rights body.
The BJP declared a total income of Rs 1917.12 crore during 2021-22 and spent Rs 854.467 crore or 44.57 per cent of it.
The proposal for American Depository Receipts by Nasdaq-listed Internet and eCommerce major Sify is aimed at creating "liquidity" for its Indian shareholders, according to a top company official.
Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.
Underscoring the importance of voter satisfaction and trust in the electoral system, the Supreme Court on Thursday told petitioners who sought its direction to go back to using ballot papers not to suspect the efficacy of Electronic Voting Machines (EVM) and appreciate if the Election Commission does good work.
The move, which requires approvals from the finance ministry and the Reserve Bank, will ensure that managements do not gain undue control over companies.
Infosys Tech sulked in early trades on Wednesday on reports that SEC has asked for a full review of the company's offer document, that may see the ADR conversion issue delayed a bit.
Only 18 Bharatiya Janata Party legislators switched parties to contest the polls in this period
The woman, hailing from Kerala, was undergoing training at the INS Hamla in Malwani area in the western suburb of Malad, an official said.
29 per cent candidates have declared assets worth Rs 10 million or more in the third phase.
The total income of national and regional parties from unknown sources for 2020-21 stands at Rs 690.67 crore.
Megha Engineering and Infrastructures Limited was the top donor to the Bharatiya Janata Party at Rs 584 crore and the Bharat Rashtra Samiti at Rs 195 crore.
The BJP and Congress are the top two beneficiaries of the electoral bonds, followed by the Trinamool Congress.
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