Should've done it long back: Sonakshi backs father’s decision to quit BJP

Agencies

March 30, 2019

New Delhi, Mar 30: Sonakshi Sinha, a prominent Bollywood actress and daughter of Shatrughan Sinha, who recently quit the BJP to join the Congress, has accused the saffron party of not respecting her father and other senior members, including LK Advani. Speaking to news agency ANI, Sonakshi said that he (Shatrughan Sinha) was little late and that he should have resigned long back.

“Being a party member from the beginning, from the time of JP Narayan ji, Atal ji, and Advani ji, my father has a lot of respect within the party, but I feel the entire group hasn't been given the respect they deserve. I think he has done it a bit too late, should've done it long back,” the actress said.

Sonakshi said that what her father did was his choice and backed her decision, saying, "I think if you're not happy somewhere you must bring a change and that is what he did.”

She also expressed hopes that her father would be able to do more good work in Congress and won’t feel suppressed. “I hope in this new association with Congress, he'll be able to do more good work and not feel suppressed,” she added.

Shatrughan Sinha had on Thursday announced that he will quit the BJP and joined the Congress party in the auspicious period of Navratri that begins on April 6. Sinha, a sitting MP from the Patna Sahib in Bihar, has been a vocal critic of Prime Minister Narendra Modi and BJP president Amit Shah. He announced the “painful” decision after the BJP fielded Union Minister Ravi Shankar Prasad from the constituency he has been representing for the decades.

Associated with the BJP since the 1990s, Sinha fell out with the party's leadership in the recent past, complaining it has become a "one-man show and two-man army"-- a reference apparently to the duo of Modi and Shah.

Sinha, a champion of democracy and freedom of speech, has repeatedly asserted that he would seek re-election from the Patna Sahib constituency even if it could be as a candidate of a different party. The actor-turned-politician has served as a minister in Atal Bihari Vajpayee government and is serving his consecutive term as an MP from Patna Sahib.

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

News Network

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

News Network

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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