वीडियोकॉन कर्ज विवाद में CBI ने चंदा कोचर के देवर से की पूछताछ

विडियोकॉन ग्रुप के प्रमुख वेणुगोपाल धूत को आईसीआईसीआई बैंक द्वारा 3250 करोड़ रुपये लोन दिए जाने के मामले में बैंक की सीईओ और एमडी चंदा कोचर और उनके परिवार की मुश्किलें बढ़ती नजर आ रही हैं. इस केस के सिलसिले में जांच कर रही सीबीआई चंदा कोचर के देवर राजीव कोचर से भी पूछताछ कर रही है. हालांकि सीबीआई ने साफ किया कि उनकी गिरफ्तारी नहीं हुई है.

दीपक कोचर के भाई राजीव कोचर की सिंगापुर स्थित इस फाइनेंशियल कंपनी अविस्टा एडवायजरी सवालों के घेरे में है. आरोप है कि इस कंपनी को पिछले छह साल में सात कंपनियों के करीब 1.5 अरब डॉलर के विदेशी मुद्रा लोन को रीस्ट्रक्चर करने का काम मिला है, और संयोग से ये सभी कंपनियां ICICI बैंक की भी कर्जदार हैं. ऐसे ही एक सौदे में कर्जदारों का लीड बैंक आईसीआईसीआई है.

3,250 करोड़ के लोन में हेरा-फेरी का आरोप

दरअसल, ICICI बैंक और वीडियोकॉन ग्रुप के निवेशक अरविंद गुप्ता ने चंदा कोचर पर आरोप लगाया था कि कोचर ने वीडियोकॉन को कुल 3250 करोड़ रुपये के ऋण मंजूर करने के बदले में गलत तरीके से निजी लाभ लिया.

रजिस्ट्रार ऑफ कंपनीज में दर्ज जानकारी के मुताबिक ICICI बैंक की चीफ चंदा कोचर के पति दीपक ने धूत के साथ मिलकर दिसंबर 2008 में नूपावर रीन्यूएबल्स प्राइवेट लिमिटेड (NRPL) के नाम से साझा कंपनी बनाई. NRPL में धूत, उनके परिवार के सदस्यों और करीबियों के 50 फीसदी शेयर थे.

सेबी भी कस सकता है शिकंजा

आईसीआईसीआई बैंक के विवादों में घिरने के बीच बाजार नियामक सेबी ने देखना शुरू किया है कि कहीं इस मामले में सूचनाओं के प्रकाशन या कंपनी संचालन से जुड़ा कोई मामला तो नहीं बनता है.

इसी तरह वीडियोकॉन इंडस्ट्रीज व इसके प्रवर्तक भी एक मामले में नियामक की निगाह में हैं. यह मामला आईसीआईसीआई बैंक व कुछ सार्वजनिक बैंकों के समूह द्वारा कंपनी को दिए गए कर्ज में कथित प्रतिदान से जुड़ा है. एक वरिष्ठ सरकारी अधिकारी ने बताया कि नियामक ने निजी क्षेत्र के इस बैंक द्वारा बीते कुछ साल में किए गए विभिन्न खुलासों में शुरुआती जांच शुरू की है.

ICICI ने चंदा कोचर का किया बचाव

ICICI बैंक के बोर्ड ने अपनी एमडी और सीईओ चंदा कोचर पर पूरा भरोसा जताया है. आईसीआईसीआई बैंक के अध्यक्ष एमके शर्मा ने शुक्रवार को अपनी मुख्य कार्यकारी अधिकारी (सीईओ) चंदा कोचर के बचाव में उतरते हुए कहा कि बोर्ड को सीईओ पर पूरा भरोसा है.

BJP, RSS will pay for coming at me: Lalu Prasad Yadav

Patna: Facing a torrent of claims of namelessness property and later being assaulted by the Income Tax Department, Rashtriya Janata Dal (RJD) supremo Lalu Prasad Yadav lashed out at Bharatiya Janata Party (BJP) and the Central Government attesting that the saffron party and Rashtriya Swayamsevak Sangh (RSS) are holding feelings of spite against him and his gathering for which they would soon reimburse.

"Modi`s government won't have the capacity to finish five years, on the off chance that they proceed with this conduct. A rally will happen in Gandhi Maidan on August 27, welcomed pioneers of comparative philosophies to choose future game-plan," said Yadav.

Not long ago, attacks were led by the Income Tax (IT) office at the 22 areas in Delhi, Gurugram on organizations and individuals related with Lalu.

A group of around 100 expense office authorities and police work force apparently completed the attacks.

According to sources, the attacks were directed on the charges of unlawful (benami) arrive bargains worth Rs 1,000 crores.

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Big move! Narendra Modi govt to deport 10,000 Rohingya Muslims to Myanmar?

The Jammu and Kashmir government is likewise investigating routes on the best way to recognize and oust them.

The issue of Rohingya Muslims was talked about at an abnormal state meeting assembled by Union Home Secretary Rajiv Mehrishi and went to by Jammu and Kashmir Chief Secretary Braj Raj Sharma and Director General of Police SP Vaid on Monday.

"We are investigating courses on the best way to distinguish and expel the Rohingya Muslims," a Home Ministry official said.

As per the Jammu and Kashmir government's gauge, Rohingya Muslims are numbered at around 5,700 yet it could go up to 10,000.

There are around 40,000 Rohingya Muslims living in various parts of the nation and every one of them have entered unlawfully.

Despite the fact that some of them enlisted with an UN displaced person body, India does not remember it.

A portion of the Rohingya Muslims were observed to be required in insignificant wrongdoing however nobody was observed to be required in any real wrongdoing nor anybody has been observed to be radicalized. Bulk whatsapp sms service provider

Jammu and Kashmir Chief Minister Mehbooba Mufti had said in the state Assembly on January 20 that a few "Madrasas" were related with Rohingya Muslims in the state

Source:- Zeenews

Indian railways ask again for safety funds after crash kills 150

The track where an Indian plan crushed on Sunday, killing 150 people, was reviewed just two days before and saw to be in extraordinary condition, raising more issues about the prospering of a structure chasing down $17 billion in financing to keep up a key division from more crashes.

The crash, among India's most perceivably accursed get ready tragedies, was a stark sign of the crippled condition of the tremendous state-run railways and of the test Prime Minister Narendra Modi stands up to in fulfilling his confirmation to modernize them.

Powers believe a rail break may have sent 14 carriages giving path into each extraordinary as a huge bit of the 1,700-odd voyagers on board rested. In any case, they can't ensure until each area of hurt track is investigated.

"This was a trouble where a vast part of the rails were expelled and broken. It's to an unprecedented degree stunned," Mohammad Jamshed, a senior railways advantage official, told Reuters.

Worked under British lead, the world's fourth most unmistakable rail make ships 23 million people across over India constantly.

With people reliably holding quick dubiously to the outside of carriages or stuffed on the housetop, it is groaning under making premium and different years of underinvestment.

Source:- reuters

Why Narendra Modi’s demonetisation move is unprecedented

For the most part, "demonetisations" or radical audits/substitutions/redenominations of financial structures by governments have been in light of hyperinflations. We consider distinctive such occasions for's the love of all that is pure and holy considered withdrawal of notes from course being relied on upon, when standard plans to suck up wealth liquidity in the structure have failed. The key reason has constantly been to control runaway swelling and the running with loss of trust in the family money, both among cash related forces and the more important open.

The best case here is of Germany under the Weimar Republic, which, on November 20, 1923, introduced another coin — the rentenmark — and maintained all old reichsmark notes to be not any more drawn out legitimate sensitive. This happened as private costs, starting now 14 times their 1913 levels in mid-1921 and 1,475 times towards end-1922, had take off to 1,422,900,000,000 times by November one year from now. As the coin lost regard incrementally, people hustled to spend their wages the right second they made them fuelling, support progression and requiring all the all the all the all the more printing of notes to pay 250 billion reichsmarks for a kilo of margarine or 15 billion for a short ride on a Berlin streetcar. The most ideal approach to manage deal with this condition was demonetisation: purifying the approach of each and every present note and activating another coin bolstered by solid assets — for this circumstance, arrive having a place with the state. With credibility restored, swelling fell and the continue running on the money, moreover, wrapped up.

Source:- indianexpress

Rs. 1,000 Crore Spent On Modi Government's 2-Year Ads': Arvind Kejriwal

full-page newspaper ads marked the two-year anniversary of Prime Minister Narendra Modi's government today, a sharp tweet came from Delhi Chief Minister Arvind Kejriwal, who has been accused of spending crores on publicity.

Mr Kejriwal cited sources to allege that the central government has spent "Rs. 1,000 crore" on the ads.

The Modi government has planned a mega show at Delhi's India Gate on Saturday to mark the two-year celebration that will begin with the prime minister's rally in Uttar Pradesh this evening.

Mr Kejriwal's Aam Aadmi Party (AAP) government in Delhi was criticized recently for setting side Rs. 526 crore in its budget for publicity.

The Congress has alleged that the AAP government spent Rs. 100 crore for self-promotion just between February and May. The party said an RTI query had revealed that Rs. 14.5 crore had been spent just on newspaper ads and the rest on TV, radio ads and hoardings. The money, alleged the party, could have been spent by Delhi government on the salary of poor sanitation workers and pension.

In his tweet today, Mr Kejriwal said his government had spent Rs. 150 crore in a full year.

Source: http://www.ndtv.com

Google bans 'deceptive' payday loan adverts from search results

Google is banning adverts for payday lenders from its search results, adding the short-term loan industry to a blacklist that includes guns, tobacco and drugs, and dealing a bitter blow to the industry.

The internet giant announced that from mid-July it would ban payday loans from its AdWords system that displays adverts at the top of search results.

The move cuts off a crucial channel for many online-only lenders. Google’s dominant search engine is a key online storefront, with lenders bidding fiercely against each other for a prime position at the top of its results.

The announcement added to a series of setbacks to the industry, which has been criticised for extortionate interest rates and predatory behaviour. Since 2014 lenders have been limited in the interest rates and additional fees they are allowed to charge, and the number of short term loans has subsequently slumped.
"These loans can result in unaffordable payment and high default rates for users"Google's David Graff

Although Google’s policies prohibit a long list of illegal or offensive practices, it is very rare for a licensed and regulated industry to be expressly blacklisted.

“When reviewing our policies, research has shown that these loans can result in unaffordable payment and high default rates for users so we will be updating our policies globally to reflect that,” Google’s director of global product policy David Graff said.

“This change is designed to protect our users from deceptive or harmful financial products.” He said any loans where repayment is due within 60 days would be banned.



The move was instantly criticised by the Consumer Finance Association (CFA), which represents short-term lenders.

“UK consumers enjoy a vibrant, highly competitive credit market and we will be interested to read the evidence that Google uses to justify overruling open market advertising of a legal, regulated industry to deny people freedom of choice,” the CFA’s chief executive Russell Hamblin-Boone said.

“Short term loans are a legal source of credit used by millions of people across the UK and the industry is highly regulated with a cap on the total cost of credit.”

Source: http://www.telegraph.co.uk

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Expect unconditional apology, not silence, CM Chandy to PM Modi after Somalia remark

Prime Minister Narendra Modi faced more heat on Thursday for comparing Kerala to Somalia with Chief Minister Oommen Chandy saying people of the state expected an unconditional apology from him and not his silence after it whipped up a controversy.

The comparison made by Modi at a poll rally in the state early this week when he said the “infant mortality rate among the scheduled tribe community in Kerala is worse than Somalia” has set off a political storm and triggered criticism in the social media.

Twitter users have responded with hashtag #PoMoneModi (Get lost Modi), a take off from the Mohanlal starrer, which features the famous punch line “Po Mone Dinesha” to ridicule some of the characters of his hit film ‘Narasimham’. Chandy flayed Modi for not withdrawing his controversial comment while CPI-M leader Kodiyeri Balakrishnan said his statement would result in a setback to BJP in the ensuing polls as it has insulted the people of the state. Kerala goes to polls on May 16.

In his Facebook post, Chandy said Modi had kept mum on the controversy and what Keralites want is not his silence, but an unconditional apology from the Prime Minister. “Prime Minister Narendra Modi left the election campaign rally without answering my questions. It could be due to the wide criticism he had received not only from the state, but also from Malayali community world over,” the senior Congress leader said.

- See more at: http://indianexpress.com

Narendra Modi’s degree: Arvind Kejriwal lays a trap, BJP walks into it

It’s rather embarrassing that our leaders would be discussing whether the educational degrees of the country’s Prime Minister are fakes. When Arvind Kejriwal made the allegation, it was expected that the BJP would laugh it off, calling it a frivolous piece of fiction concocted by a leader who has nothing worthwhile to do and is desperate for some cheap publicity. Now that no less than the party president Amit Shah and senior leader Arun Jaitley have come out with a defence for the prime minister, the matter appears to be serious.

Let’s not get into a debate over whether the documents produced by both sides are genuine. As is usual in such cases, it would lead us nowhere. The truth would finally get buried in the din of claims and counterclaims. The issue would die down after running its course. The AAP points out to several discrepancies in the BA degree of Modi. When the mark-sheet shows the year 1977, how can the degree issued mention it as 1978? How come, it alleges, the names are different in the mark-sheet and the degree certificate? No Narendra Damodar Modi passed out from Delhi University in 1978, the party claims, adding that the only Narendra Modi to graduate in the year from the varsity was Narendra Mahavir Modi, a resident of Rajasthan.
Arvind Kejriwal and Narendra Modi

Arvind Kejriwal and Narendra Modi

The BJP, on its part, has produced the BA and MA certificates of the Prime Minister and claims them to be genuine. We don’t have clear answers from the party on the discrepancies pointed out by AAP leaders, but they are expected to brush these off as clerical errors. The party would like others to believe that the allegations are pure fiction with no basis in reality. But why did it need to get into this in the first place?
Nobody was discussing the degree issue with any seriousness, but after the BJP’s media conference it has assumed some gravitas. It’s possible the AAP will dig out some more documents in the coming days and keep the BJP leaders on their toes. Television debates will only add to the party’s discomfiture. It could have done without the unnecessary attention but given the party’s natural inclination to give it back, its response is not unexpected.
Shah said AAP has taken the public discourse to a new low. He could be right, but the BJP has not exactly been the standard-bearer among political parties in this respect either. But such allegations don’t seem to bother the AAP. The fact that it managed to engage the BJP on the matter is good enough. Actually, it’s playing the BJP’s game when it comes to staying in news and putting the opposition in a situation of discomfiture. In a way what the BJP is doing to the Congress, the AAP is doing to the BJP.

It’s pointless to be judgmental over a certificate or two. It won’t diminish Narendra Modi. Political parties play their little games. The media is their new battle field. Here no low is low enough. Source: http://www.firstpost.com