Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
The commission has, over a period of time, identified various parties which have not contested polls since 2005 and has 'delisted' over 200 of them.
The orders will come into force from 7 pm on Thursday.
'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'
Angry members of the Congress and other opposition parties forced adjournments of the proceedings as they questioned the NOTA provision for these elections.
The Election Commission is set to ask the government to amend laws to disqualify candidates listed in chargesheets for bribing candidates, a move which comes days after it cancelled a Tamil Nadu assembly bypoll following allegations of use of money to influence electors.
Tej Bahadur through his plea sought direction to allow him to contest the Lok Sabha election from the Varanasi seat.
The Supreme Court on Thursday said the Election Commission (EC) is duty bound to act in a fair and legal manner and a person who is weak-kneed before the powers cannot be appointed as an election commissioner.
"The purpose of this film is only political -- to get some extra mileage in the elections. We believe, it is not just a corrupt practice, but the very launch of the film is motivated," Kapil Sibal told reporters outside the Election Commission.
The Supreme Court on Monday refused to entertain a plea from the BJP seeking a direction to the West Bengal government, state election panel and other functionaries to prepare a comprehensive action plan and deploy sufficient central police forces to ensure free and fair municipal polls in Kolkata.
Invoking its Constitutional powers, the Election Commission on Saturday put in place certain restrictions, including extending the 'silence period' from 48 hours to 72 hours, for the fifth phase of polling in West Bengal after violence in Cooch Behar district.
The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.
A bench headed by Justice A M Khanwilkar asked the Election Commission of India to take an appropriate decision with regard to political rallies as per law and keeping in mind COVID-19 guidelines.
The EC is perhaps the only body in the country still untarnished and commanding universal respect round the world. It has often been savaged by the ruling political dispensations in the past also, but the EC has come out with flying colours in every case including the latest one against West Bengal Chief Minister Mamata Banerjee, says B S Raghavan.
BJP leader Arun Jaitley on Thursday questioned the Election Commission's order for registration of an FIR against Narendra Modi and said it acted in "haste and anger" and the interpretation given by it may fall foul of Constitutional provisions.
It is now clear that under the present Chief Election Commissioner, Lok Sabha polls are not being held in a totally free and fair manner, she said.
In a letter to the TMC, the EC said at the outset, it needs to be stated that injuries sustained by Banerjee on Wednesday evening in Nandigram is "indeed an unfortunate incident and deserves to be inquired into with promptitude and dispatch."
As of now, political advertisements are barred in electronic media, including TV, radio and social media platforms.
Underlining the importance of having a chief election commissioner who is "independent and a man of character", the Supreme Court on Wednesday wondered will it not be a case of "complete breakdown of system" if the CEC does not act against the prime minister in case there are allegations against him.
The former information commissioner, who is known for his pro-transparency orders in several high-profile cases, said the proposed changes "seriously undermine" the autonomy of information commissions.
Over one crore voters are eligible to exercise their franchise to decide the political fate of 342 candidates.
'If the Modi government doesn't act now, it will demoralise and hurt the people who voted in hope of a better times,' argues former BJP MP Tarun Vijay.
The two notices, which have listed virtually similar wordings, say that prima facie the manifestos of the two parties 'have not substantially fulfilled the guidelines of the Commission'.
The bench said, "It is not an issue which can be taken up through an election petition and therefore, requires to be heard."
'By manipulating India's electoral laws, the aim of the Modi government is to weaken democracy to such an extent that it ultimately crumbles.'
As the stage is set for the fifth and final round of voting for 57 seats in the Bihar assembly poll to decide the fate of political biggies, people woke up on Wednesday morning to find a prominent newspaper advertisement featuring a woman loving hugging a young bovine, and attacking Bihar Chief Minister Nitish Kumar for his silence over the 'beef' statements made by his allies.
The apex court said political parties will also have to upload reasons for selecting candidates with pending criminal cases on their website.
A bench headed by Justice D Y Chandrachud acknowledged that the Madras high court's remarks were 'harsh', but did not expunge them, saying they do not form part of the judicial order.
According to government sources, the ministry is likely to take a line that it is an advertisement channel which does not require a prior permission and it is run on certain DTH channels on payment made by the BJP.
Such a high level of WPI was last recorded in October 2012, when inflation was 7.4 per cent.
Cracking the whip, the Election Commission on Tuesday banned BJP leader Giriraj Singh from campaigning in Jharkhand and Bihar for his controversial remarks that people who do not vote for Narendra Modi will have to find a place in Pakistan.
EC in its fresh advisory said despite the direction certain advertisements of "offending nature" have been brought to its notice.
Among food articles, vegetable prices surged by 69.69 per cent mainly on account of onion, which witnessed 455.83 per cent jump in prices, followed by potato at 44.97 per cent.
The nationwide ban comes into force at 6 am Tuesday, the poll panel said.
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Seeking to provide a level-playing field for parties in elections, the Election Commission has proposed making paid news an electoral offence to provide a strong deterrent in a bid to stamp out the menace. It also wants a ceiling on the campaign expenditure of political parties that is used as a ruse to pump in unlimited resources.
Cracking the whip on Narendra Modi's close aide Amit Shah and SP leader Azam Khan, the Election Commission on Friday banned them from holding public meetings, processions or roadshows in Uttar Pradesh and asked authorities to initiate criminal proceedings against them.
Vegetable inflation softened to 24.76 per cent in June, down from 33.15 per cent in the previous month. Inflation in potato was (-) 24.27 per cent, against (-) 23.36 per cent in May.
Polling in Rajarajeswari Nagar constituency has been deferred to May 28.
The broader Nifty closed higher by 7.30 points
