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Hyderabad: BJP Rajya Sabha MP K Laxmans statement on Tuesday that Congress government would face a crisis in August if it failed to implement the crop loan waiver has not gone well with TPCC working president T Jayaprakash Reddy
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alias Jagga Reddy, who said that it would be the other way round. Addressing the media at Gandhi Bhavan shortly after Laxmans comment, he questioned how the Congress government, which was 65 MLAs strong, could fall. Also ReadGST on Puja materials burden on devotees of Lord Ram: TP
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CC WP Jagga Reddy He said that if 25 BRS MLAs and 4 to 5 BJP MLAs switched sides, Congress would have 90 seats in the legislative assembly. Laxman is talking like a pandit readi
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ng jatakas, he quipped, adding that it has been BJPs forte to give assurances and then forget them. TagsBJP Congress crisis Jagga reddy Laxman Vivek Bhoomi| Published: 14th May 2024 8:08 pm IST Facebook X LinkedIn Pinterest Messenger Messenger WhatsApp Telegram Tznh Zelensky pitches Ukraine s terms for ceasefire, Russia remains silent
New Delhi: BJP leader Subramanian Swamy on Thursday urged the Delhi High Court to order a probe into an alleged fraud committed by Axis Bank to make undue profits through the sale and purchase of shares in Max Life Insurance. A bench of Acting Chief Justice Manmohan and Justice Manmeet PS Arora listed th
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e public interest litigation PIL for further hearing on March 13 after senior counsel appearing for Axis Bank said they had not been served a copy of the plea. Swamy, a former BJP MP, has sought a direction from the court for constituting a committee of experts to investigate the matter, asserting that the rot in private sector banks should be brought to light. In his petition, Swamy has alleged Axis Bank made undue profits totalling Rs 4,000 crore from the sale and purchase of equity shares of Max Life
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in a non-transparent manner and in violation of the applicable regulations. Axis Bank sold its stake of 0.998% shares of Max Life in March 2021 to MFSL Max Financial Services Ltd Mitsui Sumitomo International at INR 166/- per share. Subsequently, in a very short span of time i.e., in March-April 2021 itself, Axis Bank Limited and its group entities acquired 12.002% shares from MFSL at price range of INR 31.51 INR 32.12 per share, the
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petition said. 12.002 % of shareholding in Max Life is bought by the Axis Bank group companies at Rs. 31.51 / Rs. 32.12 per share at total consideration of 736 Crores, which i