Reddys, a Rs 500 cr wedding and the BJP connect: What you need to know

Sources said some 50,000 people, including politicians and celebrities, have been invited for the wedding
1479276951-9681
Mining baron Gali Janardhana Reddy has returned to Bellary in Karnataka with a bang and is hosting an over Rs 500 crore lavish wedding of his daughter at the Bangalore Palace grounds on Wednesday. The details of the marriage have taken social media by storm at a time when the nation is scrambling for cash after the government's demonetisation announcement.
The Bellary mining baron was arrested in 2011 on charges of illegally mining iron ore and was in prison for over three years. Reddy was also the state tourism minister in BS Yeddyurappa’s government before his arrest. Reddy is said to have minted Rs 5,000 crore through iron ore mining in Bellary. The criminal charges against Reddy relate to the Andhra Pradesh branch of the multi-billion dollar mining empire he runs with family and two brothers, popularly called the Bellary brothers.
Several reports suggested that various BJP leaders attended one of the functions despite a party diktat to not be associated with Reddy who is out on bail. India Today reported that a state BJP leaders attended the wedding functions with the upcoming elections in mind as both Janardshan Reddy Daughter and his confidante BSR Congress MLA Sreeramulu have a strong hold in the Bellary region and several parts of Hyderabad-Karnataka. The wedding is being touted as a 'PR masterstoke' to indicate that Gali Janardhan Reddy is back in the game.
From cards to venue, everything is larger than life at this extravagant wedding. However, Reddy is now embroiled in political storm as an activist has filed a complaint with the directorate general of income tax (investigations) questioning the extravagant nature of the wedding, Hindustan Times reported.
In the complaint, RTI activist T Narasimha Murthy said the arrangements have raised eyebrows as the comman man is standing in long queues to withdraw cash after demonetisation.
Here is everything you need to know about the wedding: Read More

Comments

Post a Comment

Popular posts from this blog

The Flipkart-ebay deal and the high stake battle with Amazon

Image
Flipkart has been and will continue to make acquisitions to increase scale India's top e-commerce firm   Flipkart   has raised $1.4 billion in its biggest fundraising to date as it takes on US tech giant   Amazon.com   Inc for a larger share of the country's burgeoning online retail market. Chinese social media and entertainment firm Tencent Holdings Ltd, the world's biggest software company Microsoft Corp and online marketplace eBay Inc participated in the funding round, Flipkart said in a statement on Monday, which will value the Indian company at $11.6 billion. That is lower than the $15 billion valuation achieved at its last fundraising in 2015, reflecting how competition has intensified in the e-commerce sector as companies vie for a slice of the world's fastest-growing internet services market. Amazon last year said it would invest over $5 billion in India, and has recently expanded into online video and grocery shopping, seeking to expand aggressively
Read more

Amazon now has customers in 100% serviceable pin-codes in India: Jeff Bezos

Image
If things fall in place, then a deal with a major offline retailer might happen by the end of this year, according to a source Amazon might be the most visited shopping site in India, but for Jeff Bezos, the founder and CEO of the technology giant, it is still Day 1 in what may be the second-most important market for the firm outside the US. Bezos, in a letter to customers, said that Amazon now has customers in 100 per cent serviceable pin-codes in the country and is shipping packages from more than 50 fulfillment locations in 13 states. From talking about how Alexa plays devotional songs in local Indian languages to Amazon India working closely with communities in rural areas, Bezos said that the online marketplace has now become part of the country's culture and has adapted all its services and offerings accordingly. Stressing that Amazon India has captured the top spot for the last two years, Bezos pointed out that Amazon is the most visited site in the cou
Read more

Duties on life saving drugs hiked

Image
The government on Friday raised import duty on life saving and bulk drugs used to treat cancer, rabies, Parkinson’s disease among others to help domestic players. The customs department hiked duty on bulk drugs such as Carbidopa and Cefoparazone to 10 per cent from five per cent.  Read Full Article Over Here :  Business Standard News  
Read more