48

BJP Targets Actor Prakash Raj For Criticising Modi

New Delhi: The BJPs Karnataka unit has castigated actor Prakash Raj for criticising Prime Minister Narendra Modi’s silence on those "celebrating" the killing of journalist Gauri Lankesh, saying he has shown "political immaturity."

Raj had described as "chilling" the silence of Modi on those "celebrating" the killing of Lankesh, including the ones followed by him on Twitter.

State senior BJP leader and spokesman S Suresh Kumar said, "The actor has shown his political immaturity by making a statement that suits his political ideology. Such allegations were made to win accolades."

30

Vijay Mallya Arrested And Granted Immediate Bail In London

New Delhi: Liquor baron Vijay Mallya has been arrested in London in a money laundering case. The Crown Prosecution Service of the UK has confirmed the development. He was granted immediate bail after an hour.

In July this year, Mumbai PMLA Court had issued a non- bailable warrant against him in 950-crore loan transaction between his company KFA and IDBI Bank. 

ED has already filed charge sheet against him in the case. His extradition case hearing comes up in December.

35

Absence Of Taj Mahal From UP Tourism Booklet Triggers Controversy

New Delhi: A controversy has been created over absence of Taj Mahal from Uttar Pradesh government’s booklet on existing and future tourism projects.

 After the opposition's fusillade describing the Yogi government as "communal", the state tourism ministry issued a press release detailing a slew of projects it had initiated for the Taj Mahal and surrounding areas.

"The government, with the help of the World Bank, has proposed projects worth Rs 370 crore, of which projects worth Rs 156 crore are meant for development of the Taj Mahal and Taj Mahal region," the UP information department release said.

34

SC Seeks Detailed Law On Market Fraud

New Delhi: The Supreme Court has advocated for a comprehensive legislation to deal with the ingenuity of fraudsters who take advantage of loopholes emerging from undefined concepts of fraud in the Sebi Act and regulations.

Even after Sebi (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003, came into force, the market regulator has been regularly detecting 'front running'. This modus operandi is used by fraudsters to pass on inside information about a company's decision to buy bulk shares of a particular kind to enable his/her associates to purchase those very kind of shares minutes before the bulk purchase, which pushes up share prices.

Taking advantage of this increase, the individual purchasers offload the shares and earn handsome profit.

The question before the court was whether the intent of the 2003 regulations was to punish only intermediaries who conspire to do 'front running' or would it extend to individuals.

33

Amit Shah Takes Dig At Rahul Gandhi, Asks Him To Take Off Italian Glasses

New Delhi: BJP national president Amit Shah has said the assembly elections in Gujarat would be held in the first week of December and exhorted people to defeat Congress in the poll.  

Addressing the second phase of Gujarat Gaurav Yatra in the coastal town of Porbandar, Shah said, "Elections in Gujarat will be held in the first week of December. Will you overwhelmingly vote for the BJP? Will you ensure BJP forms the government again?" The crowd responded 'Yes' in chorus.

Congress vice-president Rahul Gandhi continued to come under fire from Shah who slammed him for questioning the Gujarat model of development. Shah said Rahul should remove "Italian glasses" and put on "Gujarati spectacles" to see the development that has taken place in Gujarat under the BJP rule.