'Thoko taali' moment for AAP in Punjab as bigwigs including CM Channi, Amarinder, Sidhu lose

News Network
March 10, 2022

It is the 'thoko taali' moment for Aam Aadmi Party (AAP) in Punjab as it stares at a landslide victory, it’s first-ever win outside the national capital. State Congress chief Navjot Singh Sidhu, who became a reason of embarrassment for his party and was backed regardless, failed to save the day.

Many other bigwigs including Chief Minister Charanjit Singh Channi, former chief minister Amarinder Singh too lost have lost their seats. 

However, accepting the voice of the people as the "voice of God", he congratulated AAP on Twitter.

The constant defiance of the Congress high command which had finally led to the ousting Amarinder Singh from the party was not of much help; instead, a lack of a united face in the party could be one of the major reasons for its defeat in the northern state. On several occasions, Sidhu was seen attacking top candidate Charanjit Singh Channi, directly or indirecty, while he was keen on being named the CM face. 

Later, when Rahul Gandhi announced Channi as the chief ministerial candidate, the first Dalit chief minister of the state was seen touching Sidhu's feet for his blessings, triggering reactions from the Opposition parties who termed it as an 'exposure' of the party's culture.

Sidhu, who owes strong allegiance to the Gandhi family, was also seen targeting his own party over the appointment of officiating director general of police Iqbal Preet Singh Sahota, who was the head of the special investigation team formed by the previous SAD-BJP government to probe incidents of sacrilege. He had even stepped down as the Punjab Congress chief questioning the appointments of the AG and the DGP. Later, Sidhu withdrew his resignation but with a precondition that he would resume the charge the day a new advocate general is appointed.

Even as the “infighting” in the Punjab Congress was evident, the party did not take any step to save itself from the embarrassment, at least there was no significant effort. Sitting MLA from Amritsar East, Sidhu, as well as SAD leader Bikram Singh Majithia, were trailing from Amritsar East seat. AAP candidate Jeevanjyot Kaur was leading her nearest rival Majithia by 590 votes.

Apart from this, nine-year-old AAP playing its cards right was also a reason for Congress' failure. On one hand, an eerie silence descended on Channi's residence, on the other comedian-turned-politician and AAP's chief ministerial face Bhagwant Mann, confident of a victory, did not fail to make the 'jalebis' in advance and is now seen celebrating with party workers in Sangrur.

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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

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The Manipur Kuki MLAs have released a statement calling out Solicitor General Tushar Mehta's 'lies' in the Supreme Court. In a joint statement, the MLAs, including those from the Bharatiya Janata Party, said they had not had any meeting with the Chief Minister since May 3, 2023, nor did they intend to meet him in the future as “he was the mastermind behind the violence”.

As per the MLAs, the SG lied about state CM N Biren Singh speaking to Kuki MLAs to control the situation there, in order to halt a Supreme Court probe into the leaked tapes which allege that Singh has been complicit in the violence that broke out between Kukis and Meitis there.

"We...clarify that we have never had any meeting with Chief Minister, Shri N. Biren Singh since May 3, 2023, nor have any intention to meet him in future as he is the mastermind behind the violence and ethnic cleansing of our people from the Imphal valley, which is continuing till today, the latest being the brutal killing and burning of Mrs Zosangkim Hmar on November 7, 2024," the letter read, while condemning the recent 'barbaric' killing of the woman there, and noting the SG's assertion is 'tantamount' to misleading the top court.

“We, the undersigned ten MLAs, have come to know that during the Supreme Court hearing held on November 8, 2024, the Solicitor General of India submitted that ‘CM is meeting all Kuki MLAs and trying to bring the situation down to get peace’. In this connection, we hereby categorically state that this submission is a blatant lie and tantamount to misleading the Hon’ble Supreme Court of India,” the statement said.

The Supreme Court, while hearing a petition by a Kuki organisation, asked that it submit audio tapes to substantiate its claim that the Chief Minister was instrumental in inciting and organising violence in the northeastern State.

Solicitor-General Tushar Mehta orally informed the court that the Chief Minister was meeting all the Kuki-Zo MLAs and that peace in the State had come at a huge cost.

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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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