Companies & Sectors
Arun Sarin joins Ola's board as independent director
Ola has appointed Arun Sarin, former chief executive officer of Vodafone Group Plc, on its board as an independent director, a company statement said here on Tuesday.
 
Sarin, with over 30 years of management experience, will contribute in an advisory role to Ola's overall business strategy to drive its further growth.
 
"Arun brings a global perspective and a strong understanding of emerging markets like India. His experience in management and in growing large companies is invaluable to Ola," Bhavish Aggarwal, chief executive officer and co-founder of Ola, said.
 
"Ola is creating immense value in the transportation and mobility space in India. The company has scaled rapidly to benefit customers and partners using technology and innovative business models," Sarin said.
 
Sarin began his career as a management consultant before joining Pacific Telesis Group in 1984. He held a series of senior management positions with Pacific Telesis and went on to become the president of AirTouch Communications after the demerger from Pacific Telesis Group.

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Shivraj recommends CBI probe into Vyapam scam
Bowing to mounting pressure, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Tuesday recommended a CBI probe into the Vyapam recruitment scam that has reportedly claimed over 40 lives.
 
Addressing the media, a grim looking Chouhan said he was dispatching a letter to the Madhya Pradesh High Court requesting that the Central Bureau of Investigation be allowed to probe the scandal.
 
"In a democracy, the ruler should be above suspicion," he said. "There are questions in people's minds. People want to know the truth. Questions in people's minds have to be answered. 
 
"I bow my head to people's wishes... I am sending a request to the high court that the CBI should be allowed to investigate the case."
 
Chouhan, however, made it clear that he had full faith in the investigation by the Special Investigation Team (SIT) done so far which he underlined was being monitored by the high court.
 
Answering questions later, he said he had not discussed his decision to go for a CBI probe with Prime Minister Narendra Modi, now on a visit to Central Asia.
 
Tuesday's announcement follows increasing number of deaths of people allegedly linked to the Vyapam scam in one way or the other. 
 
On June 4, Akshay Singh, a television journalist covering the story in Madhya Pradesh, died mysteriously. The next day, a college dean from Madhya Pradesh who was helping the investigators was found dead in his hotel room in Delhi.
 
And on Monday, a woman police trainee recruited through the state-run Vyavasaik Pariksha Mandal (Vyapam) was found dead in Sagar district though the police denied any link with the scam.
 

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SC issues notice to political parties over RTI
The Supreme Court on Tuesday issued notice to all the national political parties seeking their response as to why they should not be treated as public authority for the purpose of bringing them in the ambit of the Right to Information Act.
 
The apex court bench headed by Chief Justice H.L. Dattu issued notice on a plea by Association for Democratic Reforms (ADR) that had sought the political parties must be exposed to public scrutiny under the RTI as they play an important role in the affairs of the country.
 
Appearing for the ADR, counsel Prashant Bhushan told the court that political parties play an important role in the formation of government, taking political decisions, including enactment of laws, having far-reaching bearing on the society and the country.
 
He said political parties get state funding by way of tax exemptions on their funds which they get from various sources. 
 
Bhushan said the political parties should disclose the source of their funding, including those making contributions up to Rs.20,000, which under the present system they are not compelled to disclose and forms a major part of their funding.

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COMMENTS

J Pinto

2 years ago

Finally the hope of Ram Rajya.

Good Governance is possible only when political funding sources are clear.

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