Chinta Mohan demands probe into investments made in Adani Group
The Hindu
LIC union appeals to Congress not to mislead public
Congress Working Committee (CWC) special invitee Chinta Mohan has demanded a probe into the investments made by public sector institutions in firms owned by the Adani Group and the impact of the stock market debacle on the companies.
Staging a demonstration in front of a State Bank of India (SBI) branch here on Monday, Dr. Chinta Mohan said the fall in stock prices wreaked havoc on small investors.
“While Indira Gandhi nationalised the banks to safeguard the interests of the poor farmers and small traders, the present government is serving the interests of the corporate giants,” he charged, claiming that SBI and LIC had suffered extensively due to their investments in Adani firms.
Meanwhile, Congress leaders who went to stage a demonstration at the LIC Kadapa divisional office were intercepted by the LIC unions stating that the LIC’s funds were safe. They appealed to the party not to create a sense of fear and uncertainty among the policyholders.
The union’s divisional general secretary A. Raghunatha Reddy urged the city Congress president Vishnu Preetam Reddy not to mislead the public over the ‘notional’ losses, as they were not incurred by the company as the shares were not sold at all.
“We are judges and therefore, cannot act like Mughals of a bygone era ... the writ courts in the guise of doing justice cannot transcend the barriers of law,” the High Court of Karnataka observed while setting aside an order of a single judge, who in 2016 had extended the lease of a public premises allotted to a physically challenged person to 20 years contrary to 12-year period stipulated in the law.
The High Court of Karnataka on Monday declined to interfere, at present, in the investigation against a Bharatiya Janata Party worker, who is among the accused persons facing charges of circulating obscene clips, related to “morphed” images and videos clips related to Prajwal Revanna, former Hassan MP, in public domain through pen drives and other modes.
The 16th edition of Bhoomi Habba was held on June 8, at the Visthar campus. The festival drew a vibrant crowd who came together to celebrate eco-consciousness through a variety of engaging activities, creative workshops, panel discussions, interactive exhibits and performances, all centered around this year’s theme: “Save Water, Save Lives.”