Saffron activists protest against release of Shah Rukh Khan’s 'Pathaan' in Karnataka

News Network
January 25, 2023

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Bengaluru, Jan 25: Supporters of Vishwa Hindu Parishad in Karnataka protested against the release of Shah Rukh Khan’s newly-released movie Pathaan. Several supporters came out on streets with banners and posters demanding a boycott of the film. This comes hours after the VHP spokesperson earlier in the day said they will not oppose the film “for the time being”. 

“Keeping our earlier objections in mind, changes made in the film are correct. After watching the film, if we find anything objectionable, then we'll reconsider opposing the film,” VHP spokesperson Shriraj Nair said. 

On Tuesday, the VHP’s Gujarat unit had also withdrawn its protest against the film expressing satisfaction over removal of “objectionable” contents from the film. 

The film came under fire by the right wing groups for featuring actor Deepika Padukone in a saffron bikini in the song ‘Besharam Rang’. Several leaders, including from the Vishwa Hindu Parishad, had sought a ban on the film, which is scheduled to release on Wednesday.

The Central Board of Film Certification (CBFC) has revised the "obscene song" and "lewd words" in the film and hence the right-wing groups will no longer protest against its release, the Gujarat VHP's secretary Ashok Raval said in a statement.

Talking to news agency PTI, Raval claimed that in its recent circular, the censor board has made 40 to 45 corrections regarding songs, colour and clothes, which resolve the issues and hence, they no longer need to protest.

The right-wing groups had earlier threatened to stop the release of the film in Gujarat, while the state government had assured police protection to theatres following a representation made by multiplex owners.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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