Kolkata : The Election Commission has banned an election advertisement by BJP for using children and an educational institute in poll campaigning material.
“The Committee (Media Certification Appellate Committee), after due consideration, is of opinion that the purported audio-visual advertisement had erred on both counts of using an educational institution for the purpose of campaigning as well as using children below 14 years for use of political campaign in contravention of legal provision,” a letter to BJP from the office of the Chief Electoral Officer, West Bengal, said.
Trinamool Congress MP Derek O’Brien had complained before the poll watchdog that a 30-second TV ad ‘Sunyo’ violates the model code of conduct and provisions entailed in the Child Labour (Prohibition and Regulation) Act, 1986.
After examining the complaint, the committee which is chaired by CEO Sunil Gupta unanimously decided to direct BJP to withdraw the ad from all kinds of media with immediate effect.
@ Agency report.
New Delhi, April 7,2016 : The CBI today filed a charge sheet against Pearls Group CMD Nirmal Singh Bhangoo and five others, including two firms, in a case of alleged swindling of over Rs 45,000 crore from over five crore investors in the name of various investment schemes. The charge sheet was filed before Chief Metropolitan Magistrate Charu Aggarwal who took cognisance of it and fixed the matter for scrutiny of documents on April 21. The charge sheet was filed against Bhangoo, his firms Pearl Agrotech Corporation Ltd (PACL), Pearls Golden Forest Ltd (PGF), and its promoters and directors under various sections of the IPC and the Prize Chits and Money Circulation Schemes (Banning) Act, 1978. “I have gone through the charge sheet. I take cognisance. Documents supplied to all four accused. Put up for scrutiny of documents on April 21,” the magistrate said. The CBI has charged the accused of offences, including criminal conspiracy, dishonestly receiving stolen property, cheating and forgery under the IPC, and under Sections 4 and 5 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978. In its FIR, the CBI has claimed PACL and PGF were running the schemes illegally and both companies were allegedly engaged in fraudulent activities, including forgery in their day-to-day operations.
@ Agency report.
New Delhi, Apr 7 ,2016 : A consortium of banks led by State Bank of India today rejected the proposal in the current form offered by liquor baron Vijay Mallya and his companies to pay Rs 4,000 crore by September towards settlement of his loan before the Supreme Court, which directed him to disclose his total assets by April 21.
The consortium also asked the Supreme Court that directions be passed to ensure presence of Mallya in the country to show his bona fides that he was serious about settling his dues.
A bench comprising Justices Kurian Joseph and R F Nariman asked Mallya and his companies to file their response by April 21 indicating how much amount they can deposit in the Supreme Court to prove their bona fides.
After a brief hearing of 20 minutes, the bench posted the matter for further hearing on April 26.
@ Agency report.
Washington : India is on the verge of “astounding” itself and the world as it is passionate about innovation and entrepreneurship and is experiencing a “growing vibrancy”, a top American diplomat has said.
“India is on the verge of astounding itself and the world.
And the United States is ready to be a stakeholder and partner in that future,” Assistant Secretary of State for Economic and Business Affairs Charles H Rivkin said here yesterday.
Rivkin had recently led a high-powered US delegation that included representations from corporate sector to India on the American Innovation Roadshow to promote economic growth.
The road show was on four Indian cities New Delhi, Gurgaon, Hyderabad and Ahmedabad.
“I was so impressed by what I saw,” Rivkin said in his remarks to Center for Strategic and International Studies (CSIS), a top American think-tank.
“In every incubator we visited, members of our delegation, especially the solar companies, identified tangible commercial and investment opportunities,” Rivkin said.
Special US Representative for Commercial and Business Affairs at the State Department Ziad Haider was also part of the delegation.
“In every meeting, I experienced in a very refreshing way exactly what binds our two countries together: a shared passion for innovation and entrepreneurship. In fact, Americans and Indian entrepreneurs have become part of a shared culture that reveres innovation,” Rivkin said.
“It’s critical that we continue to support these people-to-people ties between our countries, and this growing vibrancy, not only in the clean energy space but across all sectors,” Rivkin said adding that the Modi government has set a target to reach 175-gigawatts of renewable energy by 2022.
With 80 per cent of the required infrastructure yet to be built, this is a significant opportunity for American companies and research institutions to showcase innovative technological solutions to environmental challenges, Rivkin said.
Sharing his experience of meetings with the Chief Ministers of Gujarat and Andhra Pradesh as well as the Telangana Minister for Information Technology, Rivkin said that they were all eager for private investment.
Referring to the recent decisions of Prime Minister Narendra Modi to increasingly devolve federal funding to the States and encouraging them to actively compete with one another in a “race to the top” for foreign investment, Rivkin said this new dynamic was evident in their conversations with State leaders.
“They stressed their commitment to protecting intellectual property rights for investors and entrepreneurs. And they made it clear that they were eager to help steer India away from carbon fuels to a cleaner, sustainable future,” he said, adding that the stakes for these States were enormous.
Many of these States have populations that outnumber major countries and the large scale needs that go with that. They not only have the motivation, they have the autonomy to do something about it, Rivkin said.
@ Agency report.