Business Interest Forces Mayawati-Mulayam to Over Rule Political Compulsions

The cat has came out of bag on all of sudden meet between Uttar Pradesh Chief Minister Ms Mayawati and SP leader Mulayam Singh Yadav When UP government has withdrew its earlier Letter to take stern against Sahara India Financial Corporation Limited to Reserve bank of India on Saturday as resultant of Human Right Meet.

The meeting of two arch political rivals on Friday under the cover of Human Rights issue came into lime light with rumors of new political alignment in the land of social engineering.

The today’s move from Mayawati’s side has opened the cards clearly, that planned bilateral meet was purely on business model as Yadav is considered close to Subroto Roy, chairman of Sahara Group.

What is RBI-SIFCL- UP Government Tussle?

On June 4, RBI banned Sahara to collect deposits from public in any form. The Chief General Manager, Alpana Killawala clearly mentioned that SIFCL was provided all options to submit its answers to all queries and India’s regulatory bank authorities found that SIFCL had continuously violated directions/guidelines of RBI.

After this RBI order Sahara moved to Allahabad High Court and got Stay order on Bank’s Order but RBI has taken tough stand and moved to Supreme Court to vacate stay on its June 4, order to SIFCL by High Court.

The UP government came into picture in RBI- SIFCL tussle when it has written a letter to RBI to take stern action against Sahara Group because it can sell off its assets and dupe with its investors majority of them based in UP and Bihar.

RBI after getting endorsement from Uttar Pradesh Government on its order was planning to use it against Sahara in Supreme Court to vacate HC stay in coming days.

Now withdrawal of its earlier official endorsement against Sahara can hamper RBI case in Supreme Court.

It may be the only real reason behind Mayawati –Mulayam meet other than political or human rights issues.

What makes Mulayam Singh Yadav to over rule Business interest over Politics?

The closeness between Subroto Roy and Mulayam Singh and his party is open fact but Friday move has conveyed some thing more than closeness in their relations which had forced Netaji popularly called by his party men to visit to Ms Mayawati residence with whom he has not even courtesy relations for last 13 years in public or private.

Politically nothing happened drastically or suddenly which could force him to meet his hard bite enemy in ground level in sate politics.

Than only reason which co-incidental facts suggesting are business interest direct or indirectly affecting him due to RBI ban over Sahara Financial operation.

In Indian politics where your political interest is supreme is rule of the day this over night change of heart for other than political interest is indicator of beginning of new era in Indian politics with phrase that your political interest is supreme but your business is cream.

Sonia Gandhi's Call on Fuel Price Hike Starts to Work for Citizens

New Delhi (ABC Live): On Friday after Congress party ruled States Chief ministers its Petroleum Minister Murli Deroa turn to respond to UPA chairperson Sonia Gandhi call on Petrol and diesel price hike.

Today Petroleum ministry has deiced to roll back price hike by one Rupee for Petrol and 50 paisa on diesel per litre respectively on condition that it will be available to only those states who will forego incremental sales tax revenues.

It is to remember that Mrs. Gandhi has argued Indian government and states governments to take steps to put fewer burdens on citizens of this price hike yesterday after that congress ruled states government responded to her call by announcing reducing sale tax and other levies on fuel in their states.

Indian politics On Fuel Price hike Cat walk Show or Cat walkout show??

My Views

Indian politics On Fuel Price hike Cat walk Show or Cat walkout show??

I think as common Indian that all what is playing in the name of Fuel price for past two three days in India is planned strategy of UPA if Hike from UPA Government than Call from UPA Chairperson Mrs. Sonia Gandhi to reduce the price from states and her own government which had fully consulted her before this hike.

If her intention was to work for citizens as she wants to pretend by her call to reduce fuel hike she should had taken at time of union government level first by own rather to call other to check hike planned by her consent.

On other hand BJP/opposition parties led states are not responding to Sonia's call because it will give political advantages to UPA, more if they not reduce the tax and levies on fuel as congress led state have done than they have chance to carry anti congress wave up to coming lok sabha elections.

Both political outfits are playing politics over most urgent citizens' issue in the name of votes.

God know the ultimate destination of indian citizens?

Vikas and Vishal Yadav Get Life Imprisonment

New Delhi (ABC Live): Vikas and Vishal Yadav sons of Indian Member of Parliament from Uttar Pradesh D P Yadav were awarded life sentence in Nitish Katara murder case on Friday.

It is to remember here that duo brothers were convicted by Delhi Fast track court on Wednesday after six years of long legal battle in Indian courts.

Judge Ms Ravider Kaur pronounced her decision after hearing heated arguments from both side citing both as habitual offenders and also imposed fine of Rs 1.2 lakh each on both along with life imprisonment.

My views
This decision will once again boost the morale of common Indians who are lingering in Indian courts in hope of justice on one fateful day.

Media pressure is working in all cases which it has taken in its hands like in case of Jesica Lal murder case, Pridarshani Mattu and Shivani Bhatnagar murder cases.

1. My question is how many cases can media take?
2. again depending on growing Indian media which still in its learning phase is fair?
3. We should try to know before hoping much from Indian media about who run them and why and chances of manipulations are very high.

Anil Ambani Enters Hollywood With Bang

New York (ABC Live): Reliance Big Entertainment, a company floated by Anil Dhirubhai Ambani Group on Sunday has announced its entry into Hollywood films productions.

Amit Khanna, Chairman of Reliance Big Entertainment while in a press meet told: "This initiative will yield up to 30 scripts in the next two years. We are confident that at least 10 of them will go into production during the period."

He further said that his company is going to invest USD 1 billion and involving big guns of Hollywood industry like Tom Hanks, Brad Pitt and Jim Carrey.

It is also clear from company strategy that RBE is aiming to work on 30 films products in coming two years.

The Reliance international Entertainment deal involved Cage’s Saturn Productions, Carrey's JC 23 Entertainment, Clooney's Smokehouse Productions, Columbus' 1492 Pictures, Hanks' Playtone Productions, Pitt's B Entertainment and Roach's Everyman Pictures.

It is also to mention here that all above deals were formulated by Los Angeles-based Creative Artists Agency (CAA).

MY views

I want to congratulate Anil Ambani for his new venture in entertainment, specially in Hollywood but in my views earning from Indian customers(Higher to lower income people) by offering them only air energy and putting this in oversea cine industry in which purely high to middle classes of west take enjoy is not fair with poor Indian who think it Indian invasion over west.

Microsoft Market Threats Bring Google-Yahoo Together

Online media is getting better attention of investor’s, mergers and take overs become routine news.

Latest in row is a acquisition offer by Computer Giant Microsoft to search Yahoo, a major online search engine company.

The Microsoft has offered $44.6 Billion to Yahoo which company has rejected but Microsoft took rejection of offer as simple and trying to all legal options available to them.

Yahoo on other side is also working overnight to project their dominance over company by taking new adventurous steps.

Latest in Yahoo and its traditional business rival Google has reached on decision to go for trail of advertisement space with each other for one week.

As per mutual agreement Google will place its advertisement along with its search results in Yahoo.

Online experts told ABC Live that if this agreement between come into reality after pilot period than online media will become monopoly of Google leaving no space for competition in business.

The users in monopolistic market get always risks of unfair dealing; a senior expert expressed his apprehension on this move.

Some business experts see this move as Yahoo’s tactics to get more value for its product.

United States sets July Dead line for Nuclear Deal

Indo US Nuke deal has now reached on crucial decisive when three member democratic party delegation of Joseph Biden, John Kerry and Chuck Hagel reached in national capital conveyed its suggestion cum warning mode to tell Indian side be hurry up or get ready to lose it after July 2008.

Why delay in India’s part?

As both nations have come long way, after singing agreement on nuke deal all was going well as per plan but domestic political compulsions made Indian government to hold its plan because the communist parties supporting Congress lead United Progressive Alliance (UPA) government threaten to withdraw theirs support if government would kept its proposed plan to IAEA for further discussion on the issue.

Is Deal still is possible?

Domestic politics indicates that India is preparing to face parliamentary elections before schedule as present political character of Manmohan Singh’s government is not in position to take an independent decision on this national interest issue.

Where as hand left parties have taken it as blow to their ideology which revolves around anti United States.

Thus only miracle can make this dea

Our Cultural Heritage at Whose stake?

CHENNAI: Blaming the DMK government for the death of 15 cows at the famous Rameswaram temple, AIADMK supremo Jayalalithaa on Monday said Chief Minister M Karunanidhi should resign owning 'moral responsibility' for the incident.

"Devotees donate cows and it is the responsibility of the temple authorities to maintain them. But the state Hindu Religious and Charitable Endowments Minister K R Periyakarruppan had disowned responsibility of maintaining them," Jayalalithaa said in a statement here.

The minister contends that devotees just donate the cows and do not help in efforts to maintain them.

"His (the minister's) attitude is highly condemnable," she said.

"Karunanidhi should resign owning moral responsibility for the death of the cows at the temple," she said.

Most of the departments had become inactive and corruption was to the core in police department, she alleged.

Smuggling of rice meant for public distribution system had become the order of the day and the state was experiencing unprecedented power shortage, she said, adding that "it was better" Karunanidhi resigned as he was unable to settle "any issue" confronting the state.

Fifteen cows had recently died at the famous Ramanathaswamy temple allegedly due to malnutrition.

Source: http://www.dnaindia.com

My view

When Karunanidhi taken anti Rama stand at that movement it was clear that Jayalalithaa will use this opportunity to cash that error committed by his political enemy.

This witty situation suits right head national party BJP to get some ground on Hindu agenda on Non Hindi Belt first time in India ,where this agenda is considered that copy right issue of Hindi specking Indian.

So after aggression Karuna has taken his steps backward once Jaya came open on this most sensitive issue of cultural identity.

Dent has been done only repair on the issue can be done.

I got shamed to read all matter over issue , how selfish our political personalities have became to capture power even at cost of our cultural heritage.