Nationalist Congress Party president Sharad Pawar on Saturday said he is not completely opposed to a Joint Parliamentary Committee (JPC) probe into the charges against the Adani group, but a Supreme Court committee will be more useful and effective.
At a time 20-odd opposition parties, many of them regional rivals, joined forces over the Adani issue, Nationalist Congress Party supremo Sharad Pawar's open support for industrialist Gautam Adani has put a question mark on the durability of a non-Bharatiya Janata Party block in the run-up to the 2024 parliamentary elections.
However, the AICC general secretary Jairam Ramesh said the SC committee has limited terms of reference and 'cannot bring out the deep nexus between' the prime minister and the billionaire businessman.
Sodhi told the news channel that Parliament makes the law and the courts have the power of judicial review over it and added it was not right to make his opinion "political".
Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year. The acquisition by the Adani group across cement, media and ports dominated the headlines with the conglomerate making its foray into the cement sector by buying Swiss materials firm Holcim's stake in Ambuja Cements for $6.5 billion. The Adani family's additional $4-billion open offer for Ambuja did not get a response because shareholders preferred to stay invested with the new owner.
Govt returns 20 names to SC collegium to reconsider
As reports of political parties swiftly switching loyalties -- to quench their thirst for power -- swirl over Maharashtra, Rediff.com speaks to different players involved in the game of thrones.
Pilot said Gehlot has been calling him 'nikamma, naakara, gaddar and so on' but it was not part of his upbringing to use such language.
"Am I needed to weaken the Congress? Isn't Rahul Gandhi enough," he quipped when asked to comment on allegations levelled by political rivals that his AAP was weakening the Congress and acting as a B-team of the BJP to help the saffron party win elections.
'I don't want to give any headline to the media as at present my focus is on the Bharat Jodo Yatra'
Richest Indian Gautam Adani's group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings said on Thursday. Starting out as a commodities trader in 1988, the Adani group has diversified from mines, ports and power plants into airports, data centres and defence. It recently forayed into the cement sector with a $10.5 billion acquisition of Holcim's India units and is also looking to set up an aluminium factory. Most of this expansion has been funded by debt.
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
"I've had a great relationship with India and Prime Minister Modi. We've been friends. And I think he's a great guy and doing a terrific job. It's not an easy job he's got... We've known each other a long time. Good man," said Trump, who enjoyed a close relationship with Modi during his presidency from 2017 to 2021.
Among the many exits from the billionaire's club in 2022 are D Uday Kumar Reddy of Tanla Solutions (net worth down 66 per cent), Sushil Kanubhai Shah of Metropolis Healthcare (down 65.7 per cent), Vijay Shekhar Sharma of One97 Communications (down 66 per cent), and C K Birla (down 43.4 per cent).
'The State has played with their lives. Arsenal proved the machines were hacked and false evidence implanted with false files and letters.'
If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.
A day after Congress leader Rahul Gandhi said both Rajasthan Chief Minister Ashok Gehlot and his former deputy Sachin Pilot were "assets to the party", the CM on Tuesday suggested that the matter rests there.
"We are confident that the people of Goa have given us a clear, simple majority. I am more confident today than I was, say last week, because I have spoken to every candidate," Chidambaram told NDTV.
Rajasthan Chief Minister Ashok Gehlot called Sachin Pilot a gaddar (traitor) on Thursday and said he cannot replace him as he had revolted against the Congress in 2020 and tried to topple his own government.
'There may be some planted stories here or there, people trying to create manufactured controversies but the party is fully united. We will make sure the yatra is even more successful than it has been in other states'
Yadav claimed that his boss Nitish Kumar, with whom he took oath the day before, has issued instructions to the officials concerned to accord "top priority" to job creation.
Mishra said neither he nor his son was present at the spot when the incident happened.
News broadcaster New Delhi Television's initial public offering has received bids about 17 times the issue size at the close of bidding on Wednesday.
'Through this one step, and more steps that follow, log judte jayenge (more people will come together); I'm sure of that.'
Vinod Dua was a Hindi broadcast journalism pioneer with stints in Doordarshan and NDTV.
Senior Editor of New Delhi Television Vikram Chandra has been selected as one of the 100 young leaders by Geneva-based World Economic Forum for its Global Leaders for Tommorow initiative for the year 2003.\n\n\n\n
Akash sustained a bullet injury while covering the communal clashes in Maujpur locality. NDTV said its journalist Arvind Gunasekar was hit by rioters while he was at one of the spots in northeast Delhi and lost a tooth. His fellow reporter, Saurabh, who tried to shield him, was punched.
He had penned a book on classic film Mughal-E-Azam and was awarded the prestigious BD Goenka Award (1985) and Prem Bhatia Journalism Award in 2010.
Lovingly made, heartfelt stories that speak the truths about our lives.
'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'
Journalist Nidhi Razdan, who in June 2020 announced her decision to quit NDTV, where she worked for 21 years, to join Harvard University to teach journalism, on Friday posted on Twitter that the job offer was part of an elaborate phishing exercise.
Serum Institute along with other vaccine producers have agreed with the government to sacrifice profits. There is no vaccine industry on the planet that has agreed to provide vaccines at such a subsidised price, he added.
In an interview to NDTV, as results continue to come in for the assembly elections, Kishor, who has been helping Mamata in West Bengal, said it was a tough fight.
Prime Minister Narendra Modi on Friday conveyed to Russian Foreign Minister Sergey Lavrov that India stands ready to contribute in any way to the peace efforts to resolve the conflict in Ukraine
'Ever since Mr Modi has come to power NDTV has been facing inquiries from different agencies of the government.' 'Those close to the ruling party have been openly advocating that the government use all powers to ensure that NDTV shuts shop.'
'Fall in line or you will be in the line of fire.'
'While I am personally pained at the raids on Dr Roy's home, I want to ask five questions of those crying themselves hoarse over the attack on the "freedom of the press",' says Sudhir Bisht.
'When Covid first struck, the lockdown resulted in clean air in major Indian cities.' 'You were able to see the Himalayan range from Ludhiana.' 'In Delhi, you were seeing deer and stags all over the city because there was no traffic.' 'It was incredible. Nature was waiting to come back.'
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