BJP internal rift escalates; Joshi's posters come up in Ahmedabad

June 5, 2012

Ahmedabad, Jun 5: In signs of growing dissent within the BJP, hoardings supporting party leader Sanjay Joshi have came up at various places in the city, targeting Gujarat Chief Minister Narendra Modi ahead of the state elections scheduled in December this year.

The hoardings and posters with Joshi's pictures say, "Chote man se koi bada nahi hota, tute man se koi bada nahi hota (nobody becomes big with a narrow mind)".

It went on to say "kaho dil se... Sanjay Joshi phir se (Say with all your heart, Sanjay Joshi once again)".

The hoardings apparently targeted the Gujarat Chief Minister though his name has not been written any where on them. They say that those having a narrow mind cannot become a big leader.

Modi had reportedly threatened to quit the national executive himself if Joshi was allowed to continue as its member.

The BJP central leadership had then asked Joshi to resign from the national executive following which Modi went to Mumbai to attend the event last month.

The Gujarat BJP unit has so far refused to say anything on the hoardings of Joshi.

Modi and Joshi started their political careers as comrades to put Gujarat BJP unit on a high pedestal but now they don't see eye to eye.

Joshi came to Ahmedabad in 1988-89 from Maharashtra RSS to join the BJP here.

In 1990, Modi was the general secretary of state unit of BJP while Joshi was secretary and both worked together for about five years along with other leaders, which was the crucial phase of state BJP when the party came to power for the first time in the state with Keshubhai Patel as chief minister in 1995.

However, in 1995 itself after a revolt by then party leader Shankarsinh Vaghela, Modi was shunted out of the state and Joshi became the powerful general secretary (organisation) of BJP state unit.

BJP was able to come back to power in Gujarat after a revolt by Shankarsinh Vaghela in 1998.

The enmity between the two began in 1998, when Modi wanted to return to the state but Joshi had opposed the move and did not allow him to return, sources said.

Keshubhai Patel once again became the Chief Minister of Gujarat in 1998. The rivalry of Joshi-Modi grew from that year and it became more intense when Patel was unceremoniously removed as Chief Minister and replaced by Modi in 2001.

But, the party then transferred Joshi to Delhi and gave him a powerful post of Party General Secretary (organisation).

In the next few years, the clout of Joshi began to grow at the national level due to his position in the party.

However, in 2005, Joshi was forced to resign following a controversy over a CD purportedly showing him in poor light.

The CD surfaced during the silver jubilee celebrations of the party in Mumbai.

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You all can protest as much as you want, but Modi will surely amend Waqf Act: Amit Shah

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November 15,2024

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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Adani Group in Crisis: $30 Billion Wiped Out after US Bribery and Fraud Charges Emerge

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November 21,2024

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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