Khushbu joins BJP, says 'we need Modi to take India in right direction'

News Network
October 12, 2020

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Chennai, Oct 12: Actor-turned-politician Khushbu Sundar, one of the Congress's most prominent defenders, quit the party today and joined the BJP just months before the Tamil Nadu polls. In her resignation letter to Congress president Sonia Gandhi, she wrote that she felt "pushed and suppressed" by people who had no connect with ground reality.

"Few elements seated at higher level within the party, people who have no connectivity with the ground reality or public recognition are dictating terms and people like me who wanted to work for the party sincerely, are being pushed and suppressed," Khushbu Sundar, 50, wrote.

"After a long thorough thought process over a period of time, have decided to end my association with the party," she said. Even before the letter emerged, the Congress had dropped her as spokesperson. The party said her exit would have "zero impact" in Tamil Nadu.

"If the nation has to move forward, then we need somebody like Prime Minister Narendra Modi to take the country in the right direction," Khushbu Sundar told reporters after joining the BJP.

For the BJP, Khushbu Sundar is a big acquisition in the southern state that remains largely out of its grasp.

She had been with the Congress for close to six years since 2014.

Though she was the Congress's visible face in TV debates, Ms Sundar's political career was seen to have stagnated, with the party out of power since 2014.

The BJP is expected to give her a big job for the 2021 assembly election in Tamil Nadu. There are unconfirmed reports of a Rajya Sabha seat. "Khushbu will change the perception of the BJP in Tamil Nadu," said the BJP's Tamil Nadu unit.

Ms Sundar had joined the DMK in 2010 when it was in power. She took the step after playing legendary rationalist leader Periyar's wife Maniammai in a biographical film largely funded by the Tamil Nadu government. At the time, she had said, "I think I made the right decision. I love to serve people. I want to work for the betterment of women."

Four years later in 2014, when she quit the Dravidian party, she said, "Hard work for the DMK had been a one-way path." The same year she joined the Congress after meeting Sonia Gandhi. The actor had then said, "I finally feel I am home. Congress is the only party that could do good for the people of India and unite the country."

Her Congress outing soured rapidly when the party did not field her in last year's national election. The DMK-Congress alliance swept Tamil Nadu. Ms Sundar was not chosen for the Rajya Sabha either.

In her letter to Sonia Gandhi, Ms Sundar said she had joined the Congress when "it was at its lowest" and had been defeated in the 2014 Lok Sabha national elections. "I did not walk into the party for any monetary gains, name or fame," she said.

As actor, Khushbu Sundar enjoyed a sizeable fan following. Her fans famously built a temple for her. But she also faced a huge controversy over her comments on chastity.

With Tamil Nadu due for elections in eight months, the BJP, which lacks any charismatic leader in the state, hopes to improve its presence with Khushbu.

The party has also been getting lukewarm vibes from the state's ruling AIADMK on their alliance, which crashed in the 2019 Lok Sabha polls. The AIADMK is also wary of speculation that the BJP could tacitly back superstar Rajinikanth, who is expected to finally launch his party ahead of the polls.

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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 15,2024

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Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

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News Network
November 21,2024

adani.jpg

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.

Comments

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