Modi has leveraged his popularity among the Indian diaspora in the USA pitching for Donald Trump’s second innings at the helm of American political affairs
Short Post Short Post | 22 Sep, 2024
The shoe is on the other foot now, for the U.S. administration under President Joe Biden that brazenly interfered before, during and continues even after general elections held in India in April returned the BJP-led NDA to power. Indian Prime Minister Narendra Modi, observing a less than a tit-for-tat policy, is emerging as the big social influencer for the forthcoming Presidential polls in the USA. While stopping short of responding in equal measure over U.S. meddling, Modi has leveraged his popularity among the Indian diaspora in the USA pitching for Donald Trump’s second innings at the helm of American political affairs. India’s exasperation with U.S. meddling and constant interference during the Lok Sabha polls was further aggravated even thereafter, when more coordinated efforts were launched from U.S. shores targeting Indian industry, political outreaches to regionally disruptive players from India. The proverbial last straw on the camel’s back came when Khalistan proponent Gurpatwant Singh Pannun, backed by U.S. administration, launched a criminal suit broadside against India and even warned against Indian flyers using the national air carrier, followed up by Leader of the Indian Opposition (LoP) Rahul Gandhi loud speaking about Sikhs in India being unable to visit gurdwaras or even sport religious accessories like the Kada during his recent U.S. visit. The CIA toolkit of interference in Indian political affairs now faces Modi’s comeback albeit, only as a positive influence for the candidature of Trump as the next U.S. President. NSA Ajit Doval also gave the PM’s Biden meeting a miss right after his Russia and Ukraine engagements adding further grist to the ill. (By Renni Abraham)
Anil Ambani On A Comeback Trail
Happy days are here again for Anil Ambani. Some of his company’s stocks are northbound. For instance, Reliance Power and Reliance Infra stocks are in surging mode. Reason: Reliance Infra’s debt has been reduced by almost 87.6% to Rs 475 crore from earlier Rs 3,831 crore. Its share price shot up by 80.53% giving an impressive returns of nearly 50% in the last 12 months. Ditto, Reliance Power. Its share price is also on the rise after the company fully settled Rs 3,872.04 crore corporate guarantee outstanding debt obligation of Vidarbha Industries Power. With this kind of positive development Reliance Infra share price has jumped by 7% trading at Rs 252.15. Anil Ambani has also made a one-time settlement with Edelweiss ARC — its NCD debts have reduced from Rs 3,800 crore to around Rs 470 crore. It is also learnt that Anil Ambani has also fully repaid LIC, ICICI Bank and Union Bank. Market sources say Reliance Infra is likely to get Rs 1,100 crore equity infusion from its promoter Anil Ambani and Rs 1,910 crore from two Mumbai-based investment firms. There is also a strong rumour that Blackstone executive Mathew Cyriac through Florintree Innovation and equity investor Nilesh Shah may invest Rs 1200 crore via Fortuna Financial & Equity Services for a minority stake. It is understood that the Board has approved Rs 6,000 crore fundraising plan of which Rs 3,014 crore fund will be raised through allotment of share issue to institutionalized buyers. (By Sangram Mohanty)
Will Jay Shah Handpick His Successor?
Who will be the next Secretary of the BCCI? That’s the million dollar question. The incumbent, Jay Shah, has been elected as the independent chairman of the International Cricket Council and the 36-year-old will take charge from December 1. The BCCI’s annual general meeting has been convened in Bengaluru on September 29. The 37-member unit may get hints there of a potential candidate who will fill the big boots of Shah who has been running the BCCI for five years. Shah took definitive calls like shifting the IPL during the pandemic years to the UAE and sustained the money supply to the BCCI’s coffers. Being the son of the Union Minister, Amit Shah, turned out to be an advantage. And hence, his successor will not be seen as Shah-like; the young Secretary even made predictions that India will win the Twenty20 World Cup in the West Indies, and similar ones for the Women’s Twenty20 World Cup, the World Test Championship and the ICC Champions Trophy. Shah is more likely to handpick his successor and may keep the cards close to his chest till the AGM at Bengaluru. The names of a handful of individuals have been floating around, but is there an experienced candidate who can fit the bill for a job that has been held by seasoned administrators like MV Chandgadkar, Judge Anant Kanmadikar, Ghulam Ahmed, Jagmohan Dalmiya, Ranbir Singh, N Srinivasan, Niranjan Shah, SK Nair, Jaywant Lele, Sanjay Jagdale and Sanjay Patel. All of them came through the ranks in their States and in the BCCI. Perhaps it’s time to review the cooling off period — after six years — for administrators. (By G Viswanath)
Tamil Nadu Chief Minister Pitches For Ford Return To Chennai
The timing must be worrying. After all, chief minister MK Stalin is working hard to convince global companies to set up shops in Tamil Nadu. During his recent visit to the U.S., Stalin set the stage for the return of Ford to Chennai. The Ford plant near Chennai remains closed ever since the American company re-jigged its global operations a few years ago. Deep south in Thoothukudi (Tuticorin), the copper smelter plant of Sterlite moved into the pages of history after the Supreme Court ordered it shut. Read against these backdrops, Stalin has been going the extra mile to woo global investment into the State. Coming as it does at this juncture, the industrial strife at Samsung Electronics situated in the Sriperumbudur corridor along the Chennai-Bengaluru Highway is causing considerable anxiety in the power corridors at St George Fort. The workers of Samsung Electronic have been on strike since September 9, seeking recognition of their new union besides listing out several demands. In the post-liberalization era, the collective bargaining power of the unions is either conspicuous by its absence or compromised consistently. Not surprisingly, the power of the unions has considerably marginalised. So much so, Infosys’s founder Narayana Murthy could even articulate a 70-hour work week to boost India’s economy. The labour impasse at Samsung has two sides to it. Surely, it could have a negative repercussion on State’s effort to entice global investment. Yet, it also gives a clue or two to the increasing stress in industrial relationships due to rapid industrialisation sans human touch. (By KT Jagannathan)
Maharashtra Election Expected Between 10 And 20 November
The ruling Mahayuti and the opposition Maha Vikas Aghadi in Maharashtra are facing the same challenge: increasing pressure from their supporters as finalization of the candidates for the 288-member state legislative assembly is taking its own time. The uneasiness is becoming vocal as the Election Commission has announced its visit to Mumbai early next week. This is the first time in the state’s history that there will be six major parties in the electoral arena in the state. The two Shiv Sena factions, the two NCP blocs, the BJP and the Congress are all trying to emerge as the single largest party in this crucial election, which will determine the political future of several prominent leaders. Given the Lok Sabha results, the MVA is confident of grabbing power while the Mahayuti has been showering one benefit after another on various sections of the population to stage a comeback. Political observers recall how MVA had taken a lead over the saffron alliance in the case of declaring LS candidates. According to present indications, the BJP is preparing to fight 160 seats, leaving about 130 for the two partners and the supporters from the smaller parties. On the other hand, chief minister Eknath Shinde’s various statements are interpreted to mean that the election will take place between 10 and 20 November.(By Dilip Chaware)
Defiling Of Tirupati Laddus: Andhra Deputy CM’s 11-Day Fast Sharpens Attack On Ex-CM Jagan Reddy
Defiling Tirupati Laddus with adulterated ghee containing animal extracts under Jagan Mohan Reddy’s rule has now acquired dimensions of a rounded religious-political battle for Hindu Aastha. While it was Andhra chief minister N Chandrababu Nadu who first stumbled upon defilement of the ghee by a Tamil Nadu-based supplier — AR Dairy Food Pvt Ltd, in the wake of a vigilance probe, Deputy CM Pawan Kalyan has gone a step further. He has announced an 11-day fast seeking personal atonement for the desecration. Saying he will seek atonement for not being able to detect animal fat in the Laddu Prasadam given at Tirumala, the Jana Sena Party leader said. “Tirumala Laddu Prasadam, which is considered to be sacred, has become impure as a result of the depraved tendencies of the past rulers. Not being able to detect this sin in the beginning is a stain on the Hindu race.” He further said that everyone who believes in Sanatana Dharma should atone for this “terrible injustice” done to the God of Kali Yuga. “As part of that, I decided to do a penance initiation. On 22nd September I will take initiation in Sri Dashavatara Venkateswara Swamy Temple, Nambur, Guntur district. After continuing the initiation for 11 days, I will visit Tirumala Sri Venkateswara Swamy on Oct 1 and 2,” he said in a Hindi post. Kalyan, who admires PM Modi, called for the formation of a ‘Sanatana Dharma Rakshana Board’ at a national level to look into all issues related to Hindu temples. (By Lakshmi Iyer)
This ‘Rowdy Baby’ Turns Caring At Sister Pooja Kannan’s Wedding
Sai Pallavi, the actor who has a big fan following for her films, is a doctor by profession. She is also known as one of the best dancers, her hit number with Dhanush “Rowdy Baby” still remembered for its sizzle and sass. For the engagement ceremony of sister Pooja Kannan to Vineet held in January, Sai and Pooja danced to the hit Marathi song “Apsara Ali”, a riot of energy and fun. But Sai Pallavi turned serious at Pooja Kannan’s wedding, held in true Badaga style in the cool environs of Ooty. The Badagas have unique traditions and culture and weddings too are celebrated in true Badaga style. The bride’s party reaches the grooms place early in the morning for the ceremony, which starts with the “Thali” (mangalsutra) tying at the Hethai Amman temple, then wend their way to the groom’s place for the sumptuous feast, Madhuve Hittu. Sai officiated as the sister bridesmaid at every turn, looking ethereal in a monochrome outfit that matched her sister’s. Sai is soon to be seen as Sita in epic Ramayana with Ranbir Kapoor as Ram …the divine chemistry to unfold the oft told epic story …Sunny Deol, Bobby Deol, Yash and Vijay Sethupathi are to provide plot movers. Sai also has Amaran with Sivakarthikeyan in the lead. (By Padma Ramnath)
Raj Thackeray Warns Against Release Of Pakistani Film ‘Legend Of Maula Jatt’ In Maharashtra
Maharashtra Navnirman Sena leader Raj Thackeray has warned against the release of The Legend of Maula Jatt, a Pakistani blockbuster, in the state. If permitted, the film will be screened just around the beginning of the Navratri festival. Also, it will be the first Pakistani movie to be released in India after 13 years. The previous Pakistani movie Bol was shown in 2011. Pakistani artists can’t work in India since 2016 following the Uri terror attack in Jammu & Kashmir. Thackeray’s warning comes following reports that the film will be released only in Mumbai. Thackeray’s affection for art is well known. Himself a renowned cartoonist, Raj is frequently seen at silver screen events. He has observed, “Art does not have national frontiers. This may be all right in other cases, but for Pakistan, this will not do at all. What is this business of bringing here actors to dance from a country whose whole existence depends upon hatred of India? Let alone Maharashtra, the government should not allow this movie to be screened in any state of the country,” he quipped. Warning of action if theatre owners went ahead to screen the film, Raj Thackeray has reminded all concerned of what MNS has done in the past when such incidents occurred. The rank and file of MNS is recharged with Raj’s warning in view of the impending assembly election in the state. (By Dilip Chaware)
Congress’ Pro-TMC Shift Puts CPI (M) On Edge
In a significant move, Congress has appointed Subhankar Sarkar as the West Bengal State President, replacing veteran leader Adhir Ranjan Chowdhury. The decision marks a critical tactical shift in Congress’ approach to Bengal politics, signalling a recalibration of its relationship with both the ruling Trinamool Congress and CPI(M). Sarkar is known for his softer stance toward TMC supremo and chief minister Mamata Banerjee in contrast to Adhir Ranjan who was a vocal critic of Didi. The appointment comes amid speculation that Congress is keen on easing tensions with the TMC. The timing of Sarkar’s appointment is significant, particularly for the CPI(M). The party is still reeling from the recent death of its National Secretary, Sitaram Yechury, who played a key role in navigating the delicate relationship between Congress and the Left in Bengal. Yechury had close ties with Congress leader Rahul Gandhi, and his absence leaves a void in the CPI(M)’s ability to engage directly with the Congress high command. A senior CPI(M) leader has remarked that it is a double blow for the party as they lost Yechury, who was instrumental in maintaining dialogue with Congress. Now, with Adhir replaced, it’s clear that the Congress is moving towards a more TMC-friendly stance. Despite the growing concerns within CPI(M) ranks, the party leadership at Alimuddin Street has remained largely silent on the issue. Many believe that the leadership is still assessing the long-term implications of Congress’ strategic shift. (By Tanya Bagchi)
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