Indian Economy: News and Discussion

Suryavanshi

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Is it mandatory to see everything with a negative lens?
As I wrote previously, for vaccinations see percentages, and for incidence and deaths go for absolute figures. Coz that bests suits the agenda.

Data suggests that a single dose of vaccination is effective to prevent 96.6% of COVID deaths.
Second dose for Covishield lags 3 to 4 months from the first dose.
If 10 million people have received Covishield today than 3 months later these 10 million will receive second dose.

Current daily second dosage is well in tangent with shots given 3 months ago which was 2 to 3 million per day.
 

indus

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How many of us know that Chinese investment firms hold majority stake in ZeeMedia.

Punit Goenka Had Welcomed Invesco in 2019, Which Now Wants To Oust Him from ZEE.

In a curious turn of events, Inveso Developing Market Funds, which was welcomed by Zee Entertainment managing director (MD), Punit Goenka (elder son of Zee group founder Subhash Chandra), as a major investor in 2019, has now turned on him.

At Zee Entertainment, two largest shareholders of Zee sought removal of the company's MD Punit Goenka as well as two independent directors Ashok Kurien and Manish Chokhani. The two institutional investors—Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, together own a 17.88% stake in the company. They have given notice for an extraordinary general meeting (EGM) for this. The notice also included bringing in new independent directors. The two directors though decided not to wait and resigned from the board before the annual general meeting (AGM) that was held yesterday.

https://www.moneylife.in/article/pu...ich-now-wants-to-oust-him-from-zee/65139.html
 

sorcerer

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Another success for Make in India! Alstom delivers the first Kanpur Metro trainset


Alstom completes handover of the first trainset for the Kanpur metro, to Uttar Pradesh Metro Rail Corporation (UPMRC). The unveiling was done at Alstom’s rolling stock manufacturing facility in Savli, Gujarat by the Chief Minister of Uttar Pradesh, Shri Yogi Adityanath in the presence of Kumar Keshav – MD, UPMRC, and Alain SPOHR – MD, Alstom. These metro trains are 100% indigenously manufactured at the facility in Savli, Gujarat.

 

Haldilal

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HitmanBlood

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How many of us know that Chinese investment firms hold majority stake in ZeeMedia.

Punit Goenka Had Welcomed Invesco in 2019, Which Now Wants To Oust Him from ZEE.

In a curious turn of events, Inveso Developing Market Funds, which was welcomed by Zee Entertainment managing director (MD), Punit Goenka (elder son of Zee group founder Subhash Chandra), as a major investor in 2019, has now turned on him.

At Zee Entertainment, two largest shareholders of Zee sought removal of the company's MD Punit Goenka as well as two independent directors Ashok Kurien and Manish Chokhani. The two institutional investors—Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, together own a 17.88% stake in the company. They have given notice for an extraordinary general meeting (EGM) for this. The notice also included bringing in new independent directors. The two directors though decided not to wait and resigned from the board before the annual general meeting (AGM) that was held yesterday.

https://www.moneylife.in/article/pu...ich-now-wants-to-oust-him-from-zee/65139.html
Does this mean Zee news and Wion will turn woke and pro China commies?
 

Haldilal

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Ya'll Nibbiars

 

Haldilal

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Govt needs to ban chinese investment into our media and television houses ASAP.
Ya'll Nibbiars just see how Rupani is acting like the slave to the Chinese for buying the Ford Sanand plant. Not fit to be a CM of a prosperous state. And even Stalin send people to the MG for talks.
 

jackprince

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How many of us know that Chinese investment firms hold majority stake in ZeeMedia.

Punit Goenka Had Welcomed Invesco in 2019, Which Now Wants To Oust Him from ZEE.

In a curious turn of events, Inveso Developing Market Funds, which was welcomed by Zee Entertainment managing director (MD), Punit Goenka (elder son of Zee group founder Subhash Chandra), as a major investor in 2019, has now turned on him.

At Zee Entertainment, two largest shareholders of Zee sought removal of the company's MD Punit Goenka as well as two independent directors Ashok Kurien and Manish Chokhani. The two institutional investors—Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, together own a 17.88% stake in the company. They have given notice for an extraordinary general meeting (EGM) for this. The notice also included bringing in new independent directors. The two directors though decided not to wait and resigned from the board before the annual general meeting (AGM) that was held yesterday.

https://www.moneylife.in/article/pu...ich-now-wants-to-oust-him-from-zee/65139.html
The change cannot happen without approval by the I&B Ministry as per norms.

Here two things can happen -

1. I&B Ministry doesn't see the larger picture and gives the permission, even if the Board of Director approves.

2. I&B denies the approval. Govt pressurizes informally the board of directors as these two firms hold a large share, but doesn't hold even close to controlling shares. Ministry of Finance is taken into loop and somehow begin penalizing Chinese investment firms as a result to send a message.

It obviously is the part of larger game played by the Chini communist. It wants to repeat the game that played in almost all democracies - buy the media houses and change the narrative. WION obviously has gotten quite a following and its anti-China stance must have prompted this action. If GoI lets it pass so easy, the ball game would impact Indian narrative globally in huge scale.
 

Chandragupt Maurya

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FalconSlayers

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Abdus Salem killed

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Crazywithmath

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This is really cool. Needs to be complemented with farm laws. Also checks and balances are necessary to keep an eye on foreign/domestic MNCs.
 

HitmanBlood

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The change cannot happen without approval by the I&B Ministry as per norms.

Here two things can happen -

1. I&B Ministry doesn't see the larger picture and gives the permission, even if the Board of Director approves.

2. I&B denies the approval. Govt pressurizes informally the board of directors as these two firms hold a large share, but doesn't hold even close to controlling shares. Ministry of Finance is taken into loop and somehow begin penalizing Chinese investment firms as a result to send a message.

It obviously is the part of larger game played by the Chini communist. It wants to repeat the game that played in almost all democracies - buy the media houses and change the narrative. WION obviously has gotten quite a following and its anti-China stance must have prompted this action. If GoI lets it pass so easy, the ball game would impact Indian narrative globally in huge scale.
Exactly. WION is perhaps only international media that is openly challenging Chinese lies. Because of this their viewership has skyrocketed from almost nothing to millions in last one year. A lot of their viewers are westerners who are praising WION specially Palki in comments.

Those who think Chinese commies don't care about a news channel should look at what they did to South China Morning Post owned by Jack Ma. Go to internet archive and see articles on SCMP before and after they arrested Jack Ma. You will know true face of CCP.

Also Zee news in India is a huge supporter of Nationalist ideology. So getting control of Zee will kill 2 birds with one stone.
 

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