Hindustan Times (Jalandhar)

BENGAL’S CULTURE UNDER THREAT IN MAMATA’S GOVT, SAYS NADDA; TMC CHIEF HITS BACK

- HT Correspond­ent letters@hindustant­imes.com

KOLKATA: Bharatiya Janata Party president J P Nadda on Tuesday asserted that the rich culture of West Bengal is under threat in chief minister Mamata Banerjee’s rule, and said she should atone for the “misrule and misgoverna­nce” of her regime.

Nadda, who flagged off the second and third phases of the Parivartan Yatra from Tarapith in Birbhum district and Lalgarh in Jhargram district, slammed the Trinamool Congress for dividing communitie­s by branding people as “insiders and outsiders”. “The culture once nurtured by icons such as Rabindrana­th Tagore, Bankim Chandra Chattopadh­yay and Shyama Prasad Mookerjee can be revived only after you (Banerjee) are ousted,” Nadda said at a rally at Lalgarh. BJP has launched three rath yatras since February 6.

The roadshows will cover the 294 assembly constituen­cies in the state, of which the BJP targets to win at least 200 in the polls due in April-May.

“The Trinamool Congress is pitting people against one another by branding them as insiders and outsiders,” he said.

While the TMC did not react to Nadda’s comment, Banerjee on Tuesday likened herself to a Royal Bengal Tiger, saying that she is not a weak person who can be intimidate­d by the BJP.

The CM said, “There is no reason to think I am weak, I am not a person to be afraid of anything. I am a strong person and will keep my head high as long as I live and till then I will live like a Royal Bengal Tiger.”

I am among those fortunate people who never went to Pakistan. When I read about circumstan­ces in Pakistan, I feel proud to be a

Hindustani Muslim.

NEW DELHI: InterGlobe Aviation Ltd, which operates budget carrier IndiGo, has paid ₹2.10 crore to the Securities and Exchange Board of India (Sebi) to settle IndiGo co-founder Rakesh Gangwal’s complaints of related-party transactio­ns and violation of corporate governance norms.

In his July 2019 complaints, following a falling out with co-founder Rahul Bhatia, Gangwal also alleged that InterGlobe failed to inform the Indigo board of important informatio­n in a timely manner.

He also accused InterGlobe of making misreprese­ntations in IndiGo’s share sale documents of 16 October, 2015 and failing to make timely disclosure of informatio­n that could affect the market, according to a Sebi notificati­on on its website on Tuesday.

After Gangwal’s complaints, Sebi sent a notice to IndiGo on November 10. “Pending adjudicati­on proceeding­s, the Noticee (InterGlobe Aviation) proposed to settle the instant proceeding­s initiated against it, without admitting or denying the findings of fact and conclusion­s of law, through a settlement order and filed a settlement applicatio­n dated December 23, 2020,” the Sebi order said.

Sebi, which had appointed an adjudicati­ng officer in May 2020 to enquire into the matter, has disposed of the proceeding­s initiated against the airline. Gangwal complained of related-party

transactio­ns between the airline and another promoter group, InterGlobe Enterprise Pvt. Ltd (IGE) Group, which is helmed by the Bhatia, among other things.

Sebi also said that InterGlobe Aviation failed to communicat­e the findings of a report by EY, engaged to review related-party transactio­ns (RPTs) between the airline and IGE Group, to the board’s audit committee.

It added that the regulator had issued a show-cause notice to InterGlobe Aviation on November 10, 2020 over several allegation­s. “The findings of EY report was communicat­ed to board members by the chairman in the board meeting dated March 4, 2019,” the Sebi order said.

“The EY Report inter alia contained important informatio­n regarding an independen­t analysis of the RPTs undertaken by the Noticee (IndiGo). Such informatio­n was necessary for the board of directors in order to fulfil their responsibi­lities,” the order noted.

A spokespers­on of InterGlobe Aviation declined to comment.

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 ??  ?? Payment was made to settle IndiGo co-founder’s complaint of related-party transactio­ns.
Payment was made to settle IndiGo co-founder’s complaint of related-party transactio­ns.

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