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TDP tech advisor is whistle-blower, not thief: Chandrababu Naidu hits back at EC's charge

TDP tech advisor is whistle-blower, not thief: Chandrababu Naidu hits back at EC's charge

Andhra Pradesh Chief Minister N Chandrababu Naidu Sunday said his technology advisor Hari Prasad Vemuru, whose presence in TDP's delegation to the Election Commission was objected to by the poll panel, was a whistle-blower and not a thief.

Yesterday we met the Chief Election Commissioner (CEC) and showed him how EVMs were not functioning properly. He (Vemuru) was called for discussion in the fight for transparency. He is a whistle-blower. He has not committed theft, Naidu said speaking at a presser of opposition parties here on the issue of transparency in the election process.

Out of cash and desperate: Low-cost airline Jet Airways may stop flying

Out of cash and desperate: Low-cost airline Jet Airways may stop flying

Jet Airways, which revolutionized Indian aviation after the government ended the monopoly of state-owned carriers, is now on the brink of shutting down, devastated by management missteps and the feisty low-cost airlines that followed in its footsteps.

Out of cash and desperate for a buyer, Jet is now operating just nine planes, according to the Press Trust of India, down from 123 at its peak. The company had grounded dozens of aircraft over the past few weeks as its finances deteriorated, and on Friday, it canceled its last remaining international flights through at least Monday, upsetting the plans of travelers in locations from London to Hong Kong.

Priyanka Gandhi ready to contest against PM Modi from Varanasi: Sources

Priyanka Gandhi ready to contest against PM Modi from Varanasi: Sources

Congress in-charge for Uttar Pradesh (East) Priyanka Gandhi Vadra is willing to contest against PM Modi. If she indeed contests, it will be the most watched match-up of Lok Sabha election 2019, where a member of the Gandhi family will directly challenge the might of PM Modi, that too from Varanasi.

According to sources, Priyanka Gandhi has given serious thought to the possibility of contesting against PM Narendra Modi. The party hopes that such a fight, even if symbolic to an extent will greatly enthuse workers of the region. However, the final decision will be taken by Congress President Rahul Gandhi.

Rahul Gandhi talks up NYAY scheme, attacks Modi government’s policies

Rahul Gandhi talks up NYAY scheme, attacks Modi government’s policies

Congress president Rahul Gandhi on Saturday promised that the Congress will deposit Rs. 72,000 every year into the bank accounts of women if the party comes to power at the Centre after the 2019 Lok Sabha elections.

Addressing a public meeting in Kolar, the constituency which will go to polls on Thursday (April 18), Mr. Gandhi said the Congress has promised a minimum income guarantee scheme (MIGS), formally called Nyuntam Aay Yojana (NYAY), to 5 crore of the “poorest families” covering 25 crore people by assuring them a guarantee minimum income of Rs. 6,000 per month or Rs 72,000 per year.

Over 80% of poll spending by BJP, BSP, Cong candidates in Noida: Report

Over 80% of poll spending by BJP, BSP, Cong candidates in Noida: Report

Over 80 per cent of the poll spending by the candidates in Gautam Buddh Nagar constituency was by the nominees of the BJP, BSP and Congress with Union Minister Mahesh Sharma accounting for a third of the total Rs 1.24 crore, official data showed.

This, however, is the individual spending by the candidates till April 9, the last day of campaigning for the polls held on April 11 and does not include expenses charged to their parties.

Depite being humiliated, DMK has joined hands with Cong: PM Modi in Tamil Nadu

Depite being humiliated, DMK has joined hands with Cong: PM Modi in Tamil Nadu

Prime Minister Narendra Modi on Saturday sought to corner the Congress on its showpiece poll promise of Nyay, and sought to know who would do justice for the victims of 1984 anti-Sikh riots, violence against Dalits, and the Bhopal gas tragedy under its regime.

The Prime Minister addressing a poll rally, a day after the campaign by Congress president Rahul Gandhi in Theni, alleged the Congress and dishonesty were best friends but sometimes by mistake, they end up speaking the truth. Now they are saying Ab Hoga Nyay (justice will be done now) even if they did not intend, they have admitted that all they have done is Anyay or injustice for 60 long years, (during the Congress rule), he said.

Anil Ambani firm got €143.7 mn tax relief from France after Rafale announcement: Le Monde report

Anil Ambani firm got €143.7 mn tax relief from France after Rafale announcement: Le Monde report

In fresh revelations in the Rafale deal, French newspaper Le Monde reported that Anil Ambani’s French-registered telecom company was given tax waivers worth €143.7 million by local authorities, shortly after the announcement by Prime Minister Narendra Modi to buy 36 Rafale jets in fly away condition.

According to the newspaper, Mr. Ambani’s telecom company “Reliance Atlantic Flag France” was investigated by French tax authorities and found liable to pay €60 million between 2007 and 2010.

RBI to remain watchful on growth, financial stability: Shaktikanta Das

RBI to remain watchful on growth, financial stability: Shaktikanta Das

The Reserve Bank of India (RBI)will remain vigilant and strive to revive growth in Asia’s third-largest economy, as well as pushing to maintain macroeconomic, financial and price stability, its governor said in a speech on Friday.

India lost momentum in the final quarter of 2018, reducing its annual rate of economic growth to 6.6 percent, the slowest pace in five quarters and much less than expected.

SC orders status quo on funds payout in Essar Steel insolvency case

SC orders status quo on funds payout in Essar Steel insolvency case

ArcelorMittal’s entry into India’s steel market could be delayed further after the Supreme Court on Friday ordered the status quo on the distribution of funds among operational and financial creditors from the Luxembourg-based firm’s Rs 42,000-crore resolution plan for Essar Steel India. The apex court also asked the National Company Law Appellate Tribunal (NCLAT) to expedite hearing in the matter.

A two-judge Bench, led by Justice Rohinton F Nariman, was hearing a bunch of petitions moved by the committee of creditors (CoC) of debt-laden Essar Steel. The CoC challenged a direction of the NCLAT asking the resolution professional (RP) to call a fresh meeting of the committee to consider the redistribution of funds among the creditors.

Infosys Q4 profit rises 10.5% to Rs 4,078 crore, meets Street estimates

Infosys Q4 profit rises 10.5% to Rs 4,078 crore, meets Street estimates

Infosys on Friday posted a mixed set of numbers for the March quarter as well as the entire financial year 2018-19 (FY19) but gave a muted estimate on revenue growth for the current year, apart from slashing its operating margin forecast for the second consecutive year.

Despite clocking 9 per cent revenue growth in constant currency terms for FY19 against its guided range of 6.5-8.5 per cent for the period, the country’s second-largest information technology services company guided for only 7.5-9.5 per cent revenue growth in FY20.

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