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Latest News

Priyanka Gandhi wins Wayanad Lok Sabha seat with margin of over 4.1 lakh votes

November 23, 2024
Politics

Wayanad(Kerala), Nov 23 (PTI) Congress leader Priyanka Gandhi on Saturday cruised to her maiden electoral victory, from the Wayanad Lok Sabha seat in Kerala, with a margin of over 4.1 lakh votes against CPI(M)-led LDF’s Sathyan Mokeri, according to figures released by the Election Commission. Priyanka got 6,22,338 votes which was less than the 6,47,445 votes received by her brother Rahul Gandhi in the Lok Sabha polls in Wayanad in April this year, but her victory margin of 4,10,931 was more than his lead of 3,64,422 votes, despite the decline in turnout in the Wayanad bypoll. The LS poll turnout

Assam CM Himanta deeply pained by BJP’s poll debacle in ‘second home’ Jharkhand

November 23, 2024
Politics

Guwahati, Nov 23 (PTI) Assam Chief Minister Himanta Biswa Sarma on Saturday said he is “deeply pained” by the BJP’s poll debacle in Jharkhand which he had described his “second home” a few days ago. He also congratulated the people of Maharashtra and the BJP-led Mahayuti alliance for retaining power, while expressing gratitude to the people of Assam for supporting NDA nominees in by-polls in all five seats in Assam. Sarma, the party’s co-in-charge for Jharkhand polls, congratulated the JMM for its impressive victory in Jharkhand while asserting that the NDA wanted to protect the state from infiltration and to

Adani CFO defends against US charges, says linked to one business contract

November 23, 2024
General

NEW DELHI, Nov 23 (Reuters) – A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate’s other companies are accused of wrongdoing, the group’s CFO said on Saturday. On Wednesday, Gautam Adani, one of the world’s richest men, and seven others were indicted, opens new tab for fraud by U.S. prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals. Adani Group has denied the allegations calling them “baseless”. Group CFO Jugeshinder Robbie

Adani Group could find funding harder after US indictment as banks review credit

November 23, 2024
Corruption

Nov 23 (Reuters) – Gautam Adani’s conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme. Some global banks are considering temporarily halting fresh credit to the Adani Group after the U.S. indictment but maintaining existing loans, sources told Reuters. Ratings agency S&P warned in a statement that the group will need regular access to equity and debt markets given its large growth plans, but it might find fewer takers. “We believe domestic, as

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