Tag: Bury

  • Congress wonders if SEBI request for extension in Adani case an attempt to bury the ‘scam’

    Congress wonders if SEBI request for extension in Adani case an attempt to bury the ‘scam’

    [ad_1]

    New Delhi: The Congress on Saturday expressed apprehension over the SEBI’s six-month extension request to probe the alleged stock market manipulation of Adani group shares, saying it hopes it was not an effort to bury the “scam.”

    AICC general secretary Jairam Ramesh said the Securities and Exchange Board of India has asked for a six-month extension after the Supreme Court Committee ordered it to examine the stock market transactions of the Adani Group.

    “Hope this request by SEBI is not an effort to bury the scam or drag it out in the hope that the furore will die down,” Ramesh said on Twitter.

    MS Education Academy

    “The Committee as it needs to be recalled – has limited terms of reference to begin with. It cannot (and will not want to) investigate the entire political science and business practices of the Group. That only a JPC can do,” he said.

    Trinamool Congress MP Mahua Moitra in her turn termed the move a joke.

    “This is a joke. SEBI has been investigating since October 2021 when they replied to my letter of July. While they prima facie see violations (no surprise)- they want 6 months to protect their favourite businessman so that he can get maximum time to cover up.

    “The SEBI Chairperson told the Committee that the Adani matter is the elephant in the room. Surely then it deserves to be treated with greater urgency given the free run this particular ‘haathi mere saathi’ has had in all these years of Mitr Kaal,” she said on Twitter.

    Market Regulator SEBI has moved the Supreme Court seeking a six-month extension to complete its probe into the allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures.

    The top court had on March 2 asked SEBI to probe the matter within two months and also set up a panel to look into the protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate’s market value.

    In an application moved before the court, SEBI submitted that to ascertain possible violations related to misrepresentation of financials, circumvention of regulations and/or fraudulent nature of transactions, it would take six more months to complete the exercise.

    [ad_2]
    #Congress #wonders #SEBI #request #extension #Adani #case #attempt #bury #scam

    ( With inputs from www.siasat.com )

  • Game-changing moment for Middle East as Iran and Saudi Arabia bury the hatchet

    Game-changing moment for Middle East as Iran and Saudi Arabia bury the hatchet

    [ad_1]

    When Saudi Arabia and Iran buried the hatchet in Beijing, it was a game-changing moment both for a Middle East shaped by their decades-old rivalry, and for China’s growing influence in the oil-rich region, the media reported.

    The announcement on Friday was surprising yet expected. The two regional powerhouses have been in talks to re-establish diplomatic relations for nearly two years. At times, negotiators seemed to drag their feet, the deep distrust between the two countries appearing immovable, CNN reported.

    Iran’s talks with Saudi Arabia were unfolding at the same time as negotiations between Iran and the US to revive the 2016 nuclear deal were faltering. The outcomes of both sets of Iran talks seemed interlinked Riyadh and Washington have long walked in lockstep on foreign policy.

    But a shift in regional alliances is afoot. Saudi Arabia’s relationship with the US has become strained in recent years, while China’s standing has risen. Unlike Washington, Beijing has shown an ability to transcend the many rivalries that criss-cross the Middle East. China has forged good diplomatic relations with countries across the region, driven by strengthening economic ties, without the Western lectures on human rights, CNN reported.

    In retrospect, Beijing has been poised to broker the conflict-ridden Middle East’s latest diplomatic breakthrough for years, simultaneously underscoring the US’ diminishing regional influence, CNN reported.

    “While many in Washington will view China’s emerging role as mediator in the Middle East as a threat, the reality is that a more stable Middle East where the Iranians and Saudis aren’t at each other’s throats also benefits the United States,” Trita Parsi, the executive vice president of the Washington-based Quincy Institute, tweeted Friday.

    Parsi argues that the development should trigger a moment of introspection on Washington’s Middle East policy. “What should worry American decision-makers is if this becomes the new norm: the US becomes so deeply embroiled in the conflicts of our regional partners that our manoeuvrability evaporates and our past role as a peacemaker is completely ceded to China,” he added.

    Friday’s agreement could herald the end of a blood-drenched era in the Middle East. Riyadh and Tehran have been at ideological and military loggerheads since Iran’s Islamic Revolution installed an anti-Western, Shia theocracy in 1979, CNN reported.

    Those tensions began to escalate into a region-wide proxy war after the 2003 US invasion of Iraq spiralled into civil conflict, with both Iran and Saudi Arabia vying for influence in the petrol-rich Arab country.

    Armed conflict that pitted Saudi-backed militants against Iran-backed armed groups washed over much of the region in the decade and a half that followed.

    In Yemen, a Saudi-led coalition military campaign to quash Iranian-backed rebels triggered one of the world’s worst humanitarian crises. In Syria, Iran supported President Bashar al-Assad as he brutalised his own people, only to find his forces facing off with rebels backed by Saudi Arabia and other Gulf countries, CNN reported.

    In Lebanon too, Iran and Saudi Arabia have backed different factions, contributing to a two-decade-long political crisis that has exacted a huge economic and security toll on the tiny eastern Mediterranean country.

    [ad_2]
    #Gamechanging #moment #Middle #East #Iran #Saudi #Arabia #bury #hatchet

    ( With inputs from www.siasat.com )

  • 2 Families Await Road To Open To Bury Their Dead In Kupwara

    [ad_1]

    SRINAGAR: Bodies of two persons, from Karnah and Tangdhar, are lying in mortuary at District Hospital Handwara amid continuous blockade of roads in the aftermath of recent snowfall.

    According to news agency GNS the two bodies of two elderly persons; Haji Qalandar Mir (65), son of Abdul Gaffar Mir, resident of Dildar Karnah and Alamdin Khattana (60), son of Abdulla Khattana, resident of Dragad Tangdhar lie at the hospital mortuary. While the body of Haji Qalandar, who passed away at Hamdania Colony, Bemina Srinagar, reached the hospital on January 30, 2023, the body of Alamdin Khattana reached on February 1, 2023.

    Meanwhile the bereaved family members on Wednesday sought the assistance of district administration to ferry back the bodies to respective native places.

    “We urge the district administration to lend us chopper services’ so that we are able to take the bodies from here”, the families unanimously urged.

    The aggrieved residents in the meantime also appealed Lieutenant Governor led administration to expedite the process of tunnel digging so that they don’t have to suffer in wake of time to time weather vagaries.

    [ad_2]
    #Families #Await #Road #Open #Bury #Dead #Kupwara

    ( With inputs from : kashmirlife.net )