Bihar ex-Minister, husband booked under Arms Act

first_imgAn FIR was registered against Bihar’s former Social Welfare Minister Manju Verma and her husband under the Arms Act following recovery of 50 cartridges from her in-law’s house during a CBI raid in connection with the Muzaffarpur shelter home sex scandal, the police said.The CBI had on Friday raided nearly 12 places in four districts of Bihar, including the residences of Ms. Verma in Patna and her in-law’s place in Begusarai.The FIR was registered on Friday against Ms. Verma and her husband Chandrashekhar for recovery of 50 live cartridges from her in-law’s house at Arjun Tola village during a raid, Cheria Bariarpur police station SHO Ranjit Kumar Rajak said.Different firearmsThe police said the live cartridges were of different firearms.The FIR was registered against the couple by a CBI official, Mr. Rajak said, but declined to name him.Ms. Verma had resigned as Social Welfare Minister last week following a disclosure that her husband Chandrashekhar had spoken to the prime accused in the scandal, Brajesh Thakur, 17 times between January and June this year.The scandal came to light two months ago when an FIR was lodged by the Social Welfare Department following a social audit report submitted by Mumbai-based Tata Institute of Social Sciences which mentioned sexual abuse of girls lodged at the Muzaffarpur shelter home.last_img read more

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No saffron, it’s a contest between CPM, NCP in Kalwan reserved seat

first_imgUnlike other parts of the State, the saffron colour is conspicuous by its absence in Kalwan with flags and posters of only two political parties visible. The contest in Kalwan in Nashik district is not between Congress-Nationalist Congress Party (NCP) and the Bharatiya Janata Party-Shiv Sena combines. Instead, it is a fight between the Communist Party of India Marxist (CPM) and the NCP.In 2014, J.P. Gavit of the CPM won the Assembly elections beating a senior leader Arjun Pawar of the NCP by a slender margin of 4,700 votes. “The real fight here is between the CPM and the NCP. The Shiv Sena candidate is practically on the side of the NCP candidate,” Mr. Gavit said. After the demise of Arjun Pawar two years ago, the NCP has fielded his son Rohit for the upcoming elections. “In the last five years Mr. Gavit has been unable to address the issues of the region,” Rohit Pawar said. Mr. Gavit however has criticised the NCP for putting up a candidate against him despite an alliance with it in the State. “NCP as a party has been very devious. First they announce the alliance and then they field a candidate against me, a sitting MLA,” he said.On the ground, people feel that the election would be a close contest. “Each has their sphere of influence, while Mr. Pawar has a hold on Kalwan, Mr. Gavit has his base in Surgana. Mr. Pawar’s father’s goodwill will help him as well. But the margins will be very narrow,” said Devanang Chavan, who teaches in a college in Kalwan. Anil Gangurde, a daily wage farm labourer, said among the key issues is the daily wage rate which has dropped in recent months. “Earlier I used to get around ₹400 per day, now it is around ₹300,” he said.Mr. Chavan said that connectivity and roads were also major issues in the region as both Kalwan and Surgana talukas grapple with a lack of transport options. The constituency, with around 2.41 lakh votes, is reserved for scheduled tribes (ST) as the majority population living in both talukas belong to tribal communities. Mr. Gavit said a big fear among the residents was the State government’s plan to divert water from west flowing rivers to areas in the east like Marathwada. “If any Adivasi is affected due to this project, it will never see the light of day,” he said.last_img read more

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Sensex hits new 10month closing high Adani Ports Tata Motors ICICI Bank

first_imgThe Monday rally on Indian stock exchanges saw the Sensex close at a new 10-month high.  The 30-scrip benchmark index ended 499.79 points, or 1.84 percent higher, at 27,626. The NSE Nifty also closed at a new 10-month high of 8,467.90, gaining 144.70 points, or 1.74 percent.Adani Ports was the top gainer and closed at Rs. 216.95, up 4.78 percent, followed by Tata Motors that ended 4.14 percent higher at Rs. 484.50. ICICI Bank closed with a gain of 3.44 percent at Rs. 249.85. Coal India and State Bank of India were the other top gainers.In the BSE500 universe, Amtek Auto shares jumped 15.58 percent to close at Rs. 44.15, followed by OnMobile Global.Indian stock markets consolidated their gains on Monday after opening on a positive note on strong global cues. The S&P BSE Sensex was up 491 points, or 1.81 percent, to 27,618 at about 12.15 p.m. while the NSE Nifty was trading with gains of almost 140 points, or 1.67 percent, at 8,462.Top Sensex gainers were Tata Motors, Adani Ports, ICICI Bank, Coal India, Power Grid Corporation and NTPC.Among sectoral indices, the BSE Bankex was up 1.90 percent, auto index 2.05 percent, energy 1.68 percent and realty 2 percent.The Indian rupee opened 24 paise higher at 67.12 to the US dollar, tracking the upbeat sentiment on the Indian stock exchanges.Asian stock markets opened on a bullish note, with the Japanese Nikkei 225 gaining 3.55 percent after elections to the country’s upper house saw Prime Minister Shinzo Abe’s ruling coalition get a landslide victory. The outcome is being perceived as a boost to Abe’s economic reforms agenda.Last Friday, US stock markets ended with gains after job data for June showed nonfarm payroll employment jumped by 2.87 lakh for the month, far above estimates.”On Friday the US Labor department said nonfarm payroll employment surged up by 2,87,000 jobs in June, which was much higher than economists expectations of 1,80,000 jobs,” brokerage Angel Broking said in a note on Monday. The data also had a positive impact on European markets, the firm said. The L&T Infotech IPO opens on Monday and ends on Wednesday. The company’s parent is offloading 1.75 crore shares enabling the listing of its subsidiary. L&T Infotech has fixed the price band as Rs. 705 to Rs. 710 per share. Story republished at 4.15 p.m. with additional details.last_img read more

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France for consolidating democracy Shahriar foresees fair polls

first_imgState minister for foreign affairs M Shahriar Alam speaks at a reception marking the National Day of the French Republic, in Dhaka on Saturday, 14 July 2108. Photo: UNBState minister for foreign affairs M Shahriar Alam on Saturday hoped the election commission (EC) with the help of all political parties, administration and other stakeholders, will be able to hold “inclusive, fair and neutral” general elections by the end of this year.He made the remark while addressing as chief guest at a reception marking the French National Day in the capital on Saturday evening, reports UNB.French ambassador to Bangladesh Marie-Annick Bourdin also spoke.The state minister said Bangladesh considers all human rights as universal, indivisible, interrelated, interdependent and mutually reinforcing.”The fundamental rights envisaged in the constitution of Bangladesh reflect many of the human rights prescribed by international human rights law,” he said.The state minister mentioned that Bangladesh is a country with rich ethnic, religious and cultural diversity.It encourages the contribution of civil society and NGOs in national socio-economic development as well as in the promotion and protection of human rights initiatives, Shahriar said.”I am confident; the diversity and depth of our relations will continue to rise and widen, bringing tangible outcome and mutual benefits for the peoples of the two countries,” he said.He wished the continued happiness and well-being of the friendly people of the French Republic and everlasting friendship and good relations between France and Bangladesh.French ambassador Bourdin said Bangladesh and France can do more together in consolidating democracy through free and fair elections, as well as inclusive, and in defending the human rights of all women and men in the world, as well as in their respective countries.She said they are convinced that two countries can do and achieve a lot more together in ensuring sustainable development for all, implementing the 2030 Agenda and assisting each other in implementing international commitments.She said the two friendly countries can do a lot in contributing to peace and stability, as both countries hold shared views on a number of issues of concern, and are active contributors to peacekeeping operations.The ambassador talked about two countries’ role in promoting the importance of education and diversity of languages and cultures, in which are rooted the identity, the sense of belonging and individual rights of every citizen.”They have been and remain key factors in our respective history and fight for emancipation,” she said.Ambassador Bourdin, while sharing a series of announcements, said president Emmanuel Macron has invited leaders from all countries who contributed troops in the first World War, and Bangladesh has also been invited, to commemorate the 1918 armistice on 11 November.”Besides the commemorative ceremonies, France is organising the Paris Peace Forum, a global platform for governance projects, aiming at consolidating peace and building a more cooperative and better organised planet, on 11-13 November,” she said.The ambassador said Bangladesh and France have developed warm and friendly relations since the early days of the fight for Independence led by Bangabandhu Sheikh Mujibur Rahman in 1971.Andre Malraux, who fought for freedom during the civil war in Spain, lent him a strong support, along with other intellectuals (B Henri-Levy).”Our president lauded the impressive economic growth achieved in Bangladesh over the last 10 years. Our government has welcomed the announcement of the graduation of your economy from an LDC to a developing country by 2021 or 2024, we salute this great achievement,” said the French ambassador.She said they will keep on supporting Bangladesh economic development through their ODA (official development assistance) and technical assistance, as well as through private sector companies.Current and former ministers, diplomats, editors, civil society members and business leaders were present.last_img read more

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Tencent in Talks to Buy 10 of Universal Music Group

first_img Universal Music Refutes Claims of Last Artist in Lawsuit Over 2008 Fire, Requests Dismissal Tencent is known primarily for its gaming and social network business — it owns China’s powerful WeChat platform, which has 900 million daily users. But the company also has its own music unit, Tencent Music Entertainment Group, which raised more than $1 billion in an IPO late last year that valued the division overall at $21.3 billion. Tencent also holds a 7.5% equity stake in streaming giant Spotify, the result of a share swap in December 2017, making it one of the Swedish company’s biggest shareholders.Vivendi and Tencent are already familiar interlocutors. In 2017, UMG and Tencent Music struck a multi-year agreement making the latter a distributor of UMG music in China on its QQ Music, KuGou and Kuwo streaming platforms. Tencent Music also has exclusive rights to sub-license UMG’s content in the Middle Kingdom.In a letter to staff, Lucian Grainge, the CEO and chairman of UMG, hailed the talks with Tencent.“This is an exciting development for both Vivendi and UMG and affirms once again just how much our strategy and hard work are succeeding,” Grainge wrote. “As Vivendi discussed last week with its investors, we continue to deliver remarkable, record-setting results. Our success is driven by placing our recording artists and songwriters at the center of everything we do and providing them with the industry’s best creative and commercial resources on a global basis.“Obviously, we remain part of the Vivendi family – today’s announcement is about a minority investment by Tencent. I can assure you that Vivendi’s Supervisory and Management Boards as well as the Bolloré family continue to be steadfast supporters of our strategy, our work and our teams. And it goes without saying, that our commitment to recording artists and songwriters will continue unchanged.”Tencent had long been rumored to be one of the suitors for a stake in UMG after Vivendi announced a year ago its intention to sell up to 50% of the company. The French media giant ruled out an IPO as an option. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Related Universal Music: Four of the Five Artists Who Sued Us Did Not Lose Masters in 2008 Firecenter_img Popular on Variety Progress on a potential sale appeared to be slow, as some analysts pushed up UMG’s valuation to as much as $50 billion. UMG has also been hit by a controversy over a fire in 2008 that is estimated to have wiped out 500,000 master recordings in the company’s massive archive.An insider with knowledge of the sale process told Variety that a deal with Tencent would be strategic because China is primed to become the world’s biggest music market. At the same time, however, the potential deal is also supposed to encourage other investors to get involved in order to keep a Chinese company from gaining too much control of UMG, he said.In June, Yannick Bollore, chairman of Vivendi’s supervisory board, said that the company was “not in a hurry” and “very confident” it would find the right partner to purchase up to 50% of UMG. He cited the music industry’s “huge growth” as a pace Vivendi wants to maintain in the coming years.In its latest quarterly financial results, Vivendi reported that its revenues were up nearly 20% to $3.7 billion during the first six months of 2019.Shirley Halperin and Elsa Keslassy contributed to this report. Chinese digital giant Tencent has entered negotiations with French media conglomerate Vivendi to buy a 10% stake in Universal Music Group.Vivendi announced the talks Tuesday, saying that the negotiations were based on a valuation of UMG of €30 billion ($33.6 billion). Tencent’s potential 10% stake would therefore cost €3 billion ($3.36 billion). The deal would give Tencent a one-year option to purchase another 10% stake on the same terms.Vivendi said the two companies were also exploring other areas of “strategic commercial cooperation” that would help grow UMG, the world’s biggest music company with market share of more than 30% in 2018, through new digital initiatives and territories. In addition, Vivendi is continuing to seek other buyers interested in a stake in its extremely lucrative music unit, which boasts a glittering roster of superstars such as Katy Perry, Lady Gaga and Billie Eilish, as well as divisions dedicated to publishing, merchandise and other sectors.last_img read more

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