‘Concerned about democracy and the constitution’: Uddhav Thackeray demands mid-term polls

News Network
July 8, 2022

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Mumbai: In his first public address after the takeover by Eknath Shinde, former Maharashtra Chief Minister Uddhav Thackeray on Friday demanded fresh elections in the state and said he would not let the rebels use the Shiv Sena's poll symbol.

"I challenge them to hold assembly elections today. If we have done wrong, people will send us home. And if this is what you had to do, then you should have done it two and half years ago, and it would have been done respectfully. There would be no need for all this to happen," Mr Thackeray said.

"No one can take the bow and arrow symbol from the Shiv Sena. However, people don't look at only the symbol, they look at the person who has taken the symbol," he said.

Mr Thackeray hit out at the rebel Shiv Sena group for staying silent when the BJP targeted and "abused" him and his family in the last two-and-a-half years. "You keep in touch with them and betray your own party like this," he said, without naming Mr Shinde.

"Some people say if they are called to Matoshree, they will come. They say they have respect for me. I am thankful. But if you had come and spoken to me, then you would not have needed to go on this tour. But now you are with people who have abused my family. They have made attacks on our reputation. So, you decide if your love and respect is real," he said about the rebels.

"I am proud of the 15-16 MLAs who are with me despite threats. This country thrives on Satyameva Jayate, not Asatyameva Jayate," he added.

He said the Supreme Court's on Monday will decide not just the future of Shiv Sena, but also the future of Indian democracy.

The top court is set to decide on a petition seeking disqualification of 16 rebel Shiv Sena MLAs as well as Team Thackeray's move against Maharashtra Governor Bhagat Singh Koshyari's decision to invite Eknath Shinde to form government in the state.

"We are concerned about democracy and the constitution. I have faith in the judiciary. Everyone is watching what decision the judiciary will make. People are watching to see how strong our democracy is. I am not worried about the decision. The law will take its course," he said.

"No one can take the Shiv Sena away. There is a legislature party and there is a party that works on the ground. Can you finish the party just because MLAs leave? They are trying to create a fear. Don't fall for it. Legislature party and registered party are two different things," Mr Thackeray said.

Eknath Shinde, backed by the BJP, led a coup in the Shiv Sena against party chief Uddhav Thackeray, drawing most MLAs on his side and bringing down his government.

Mr Shinde was sworn in as Maharashtra Chief Minister on June 30, with the BJP's Devendra Fadnavis as his deputy.

Four days later, Mr Shinde sailed through a trust vote with 164 votes in the 288-member assembly, way above the simple majority mark of 144. Only 99 MLAs voted against him.

Uddhav Thackeray has lost most of his party MLAs to what started out as the rebel faction but is now the bigger group, claiming to be the real Sena.

Many corporators are also switching to Eknath Shinde's faction, weakening Uddhav Thackeray's control over Maharashtra civic bodies, the Shiv Sena's strongest domain. 

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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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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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News Network
November 21,2024

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Prominent NRI community leader SM Syed Khalilur Rehman, fondly known as CA Khalil, passed away in Dubai on Thursday at the age of 86 after a brief illness.

Khalil had been admitted to Aster Hospital in Mankhool on Tuesday after experiencing severe leg weakness. Despite the best efforts of the medical team, he succumbed to a double heart attack that worsened his condition, his son Rais Ahmed confirmed.

The news of his passing has sent waves of grief across communities, particularly in his hometown of Bhatkal, Karnataka, where he was a celebrated figure. Tributes have been pouring in on social media, highlighting his significant contributions to international trade, social service, and education.

A Legacy of Leadership and Service

A chartered accountant by profession, Khalil was a founding member of the Dubai chapter of the Institute of Chartered Accountants of India (ICAI), where he served as chairman from 1987 to 1994. His illustrious career included key leadership roles, such as general manager of Khaleej Times, group executive director of the Ilyas and Mustafa Galadari Group, and vice-chairman of the Jashanmal Group of Companies.

He also chaired Maadhyama Communications and Sahil Online, a web-based news platform, and was a director and trustee of several media companies and charitable organisations in Dubai and India.

A Champion for Education and Philanthropy

Khalil’s impact extended far beyond his professional achievements. As president and general secretary of Anjuman Hami-e-Muslimeen, he played a pivotal role in the development of educational institutions, including schools and colleges in Bhatkal and surrounding areas. His dedication to social upliftment earned him recognition from the Government of Karnataka, which honoured him with a prestigious award for his philanthropic contributions.

A Life Celebrated

The Bhatkal Muslim Khaleej Council (BMKC) recently released a documentary celebrating Khalil’s remarkable life and service to the community—a testament to his enduring legacy.

CA Khalil is survived by his family and countless admirers across the globe. His passing marks the end of an era for Indian expatriates in the UAE and beyond, leaving behind a legacy of leadership, generosity, and commitment to community service.

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