Thursday, July 29, 2021

Only the wanted will survive.

"Four Mauritius-based funds that have attracted attention for parking almost all their money in companies controlled by Indian billionaire Gautam Adani have a history of investing in firms which ended up defaulting or were investigated for wrong doing," wrote Anurag Kotoky. "Before they put 90% of their $6.9 billion under management in the Adani empire, the funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- held significant stakes in two companies whose founders fled India and have since been probed for money laundering, another that went bankrupt, and a fourth that was liquidated after sparring with the Ethiopian government." BJP Rajya Sabha MP Subramanian Swamy tweeted that he has seen evidence of violations of the Prevention of Money Laundering Act by Adani and in 2018 alleged, "Trapeze Artist Adani now owes Rs 4.5 lakh crore (Rs 4.5 trillion) as NPA to banks. Correct me if I am wrong. Yet his wealth is doubling every two years since 2016. Why can't he repay the banks," janta ka reporter. "Vodafone Idea Ltd, one of the three private-sector competitors left standing in what used to be a field of a dozen players, is very close to crumbling under the weight of its $30 billion debt," wrote Andy Mukherjee. "Maybe not immediately, but the gains to the consumers could be reversed because of lack of competition." Nationalization could be the only option of saving the company, and jobs. The government already owns two telecom companies: MTNL, which covers Delhi and Mumbai, and BSNL, which covers the rest of the country except the two cities. Both of them have been making losses since 2010-11, though the losses went down a bit in 2020-21, factly, due to reduction of the number of employees through the Voluntary Retirement Scheme (VRS), also known a 'Golden Handshake', Business Standard (BS). "Rakesh Asthana, a senior IPS officer of Gujarat cadre, was appointed as the Commissioner of Delhi Police on Tuesday," BS. This was done one day before he was to retire on 31 July. "He will have a tenure of one year." Asthana was appointed Special Director of the Central Bureau of Investigation (CBI) in 2017 by a committee, which was opposed by the chief of CBI Alok Verma. "Verma had placed before the committee a confidential report on Sterling Biotech in which names of various government officials including Asthana were mentioned for allegedly receiving money from the company," Economic Times (ET). An FIR was also registered against Asthana based on allegations by one Satish Babu Sana who claimed to have paid him a bribe of Rs 30 million through Manoj Prasad and his brother Somesh Prasad based in Dubai. "Terming the recent appointment of senior  Gujarat-cadre IPS officer Rakesh Asthana as Delhi Police commissioner 'unconstitutional', the AAP led Delhi government on Thursday passed a resolution in the assembly against the Centre's move," ET. "The newspaper, Dainik Bhaskar, said that tax inspectors visited its offices in the capital New Delhi and the states of Gujarat, Madhya Pradesh, Maharashtra and Rajasthan in the early morning," CNN. "The paper shocked India with its reporting of dead bodies in the river Ganges during the brutal second wave of the Covid-19 pandemic this spring. It criticized authorities over under-reporting Covid-19 deaths and challenged state officials and the government of Prime Minister Narendra Modi over their handling of the crisis." New Zealander Karl Rock, married to Manisha Malik of Delhi, "is currently stuck in New Zealand after being blacklisted by the Indian government, The Indian Express. "In early 2020, Rock teamed up with UK-based YouTuber Jim Browning and released videos exposing Gurgaon and Delhi-based scam call centres targeting foreigners." "BBC picked up the footage, promptly followed by raids from Gurgaon police." To prevent any criticism from anyone they need to know who is saying what. And that is where spyware Pegasus comes in. "Phones can be tapped in India 'in the interest of sovereignty and integrity of India' and only on orders from the senior-most official in charge of the home affairs ministry in the federal and state governments," BBC. That's why they have been appointed there. Like chess pieces.     

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