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ED takes possession of Vijay Mallyas stake in United Breweries

Vijay Mallya's
Vijay Mallya

The Enforcement Directorate has taken possession of the stake of liquor baron Vijay Mallya’s company United Breweries as well as his stakes in other listed companies, a senior ED official told a leading daily.

Almost the entire direct holding and over a little quarter of the indirectly held stake of United Breweries is pledged with the banks. According to media reports, Heineken, a Dutch beer company, recently approached the banks to purchase all of Mallyas United Breweries pledged with them. Heineken owns slightly more than 43% in United Breweries that makes Kingfisher beer.

Also read:  Supreme Court holds Vijay Mallya guilty for contempt of court for misleading it on his wealth

The ED, which is hopeful to get a confiscation order as soon as possible, has attached around Mallyas Rs 9700 crores worth movable and immovable assets. It has also taken the possession of almost 80% of the same.

Mallya owns around 8% shares directly in United Breweries, and another 22% through privately held firms. Mallya directly owns around 7% in United Breweries Holdings, and some shares in United Spirits too. Mallya, who’s labelled as a ?willful defaulter? by banks, owes lenders around Rs 8191 crores as on December 31, 2016.

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Nitin Gadkari graces screening of ‘Me Vasantrao’ at Sudama Theatre in Nagpur

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Radhika Dhawad | Photographer : Nitin Mankar | Photographer : Bhavesh Mahalle | Nagpur

Union Minister Nitin Gadkari graced the special screening of Marathi movie ‘Me Vasantrao’ – a movie based on the life of Hindustani classical singer and violinist Vasantrao Deshpande.

The screening was held at Sudama Theatre in Nagpur on Sunday evening in the presence family members, friends and the cast of the movie.

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Mayor Dayashankari Tiwari kicks off polio drive in Nagpur

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Nation Next Newsroom | Bombuflat

Nagpur Mayor Dayashankar Tiwari, on Sunday, launched Nagpur Municipal Corporation’s (NMC) door-to-door polio campaign drive. He, along with Deputy Mayor Manisha Dhawade visited Rognidan Centre in Mahal, Nagpur and inaugurated the campaign by giving polio drops to a toddler.
As per NMC officials, ten Zonal Medical Officers and Ten Health inspectors would visit every house in their respective zones, in order to vaccinate children between the ages of zero-five to immune them against polio.
NMC had recognised Sunday as the official day for polio vaccination. Under Polio Ravivar, they plan to vaccinate more than three lakh kids in Nagpur. They also urged Nagpurkars to vaccinate their children at pulse Polio Booths near their homes from 8 am- 5 pm, on Sunday.
NMC Standing Committee Chief, Corporator Vijay Zalke spoke to Nation Next regarding this campaign and said, This year’s polio drive is going to be bigger than last year. We are planning to vaccinate around 3- 3.15 lakh kids. NMC is bearing the cost of infrastructure and execution. The state government provided us with the doses.
He further stated that there were special teams to vaccinate the homeless during night. ?When it comes to the health of Nagpurkars, money is not a factor we should think about, said Zalke when asked about NMC’s current financial crunch.
As per Zalke, vaccination facility would also be available in slums,, factory areas and other outskirts of Nagpur.

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Congress legislator caught watching porn in Karnataka Assembly

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Nation Next Newsroom | Bombuflat

Congress leader Prakash Rathod, on Friday, was caught on camera while allegedly scrolling through few adult content clips in the State Assembly. This turned out to be a huge embarrassment for both, Congress and Rathod as regional channels aired the video, in which he was ?caught in the act.
The MLC member was present in the house during the proceedings of the legislative council. While the house was in session, Rathod was watching adult content on his smartphone.
However, he threw these charges under the bus and said, I was looking for materials for a question I wanted to ask the government in question hour.
?When I was looking for question material, I deleted too many messages as my phone storage was full. What the media has shown or seen, I don’t know. I would never do such things or see such things, he added.
This was not the first time in Karnataka that such an incident had happened. Back in 2012, three Bharatiya Janata Party ministers were caught on camera allegedly watching adult content in the State Assembly. Following the scandal, they resigned from the state government due to public embarrassment.

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