Citizens' Issues
Asaram Bapu booked for sexual assault on minor

A minor girl had filed complaint in Delhi accusing the self-styled godman of sexual assault in Rajasthan

Self-styled godman Asaram Bapu has been booked for sexual assault in Delhi following a complaint from a minor girl. According to police, the minor submitted a written complaint against Asaram Bapu at Kamala Market police station in central Delhi.

 

However, since the girl had said that the incident took place in Rajasthan, the Delhi police would forward the case to the state.

 

Earlier in January, the Serious Fraud Investigating Office (SFIO) sought prosecution of Asaram Bapu in a Rs700 crore land grab case in Madhya Pradesh.

 

The case pertains to 200 acres of land in Ratlam and the SFIO, which wants to prosecute Asaram and his son under the provisions of Indian Penal Code (IPC) and Companies Act 1956, recently send its recommendation to the Ministry of Corporate Affairs in this regard.

 

Earlier, the self-styled godman, who has a large following, was in the news after Gujarat Police filed a case of attempted murder against him and two others.

 

Asaram was also in the eye of a storm over his remarks on the Delhi gang-rape victim.

 

According to media reports, the godman was quoted as saying, “Can one hand clap? I don't think so. Only five or six people are not the culprits. The victim daughter is as guilty as her rapists... She should have called the culprits brothers and begged before them to stop... This could have saved her dignity and life.”

 

Asaram's remarks on the gangrape of the 23-year-old girl sparked condemnation across the political spectrum and from women's bodies with the Bharatiya Janata Party saying it (the remark) was 'regrettable, deeply disturbing and painful'.

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Retail inflation for farm, rural labourers marginally down in July

The all-India retail inflation index for farm and rural workers increased by 11 points each to stand at 740 points and 741 points, respectively during July

Retail inflation for farm and rural workers has come down marginally to 12.8% and 12.61%, respectively in July, even as the prices of food items and clothing remained high.

 

“...rate of inflation based on CPI-AL and CPI-RL decreased to 12.80% and 12.61% in July from 12.85% and 12.65% in June,” a statement issued by the labour ministry said.

 

According to the data inflation based on food index of consumer price index-agriculture labour (CPI-AL) and consumer price index-rural labour (CPI-RL) stood at 13.84% and 13.80%, respectively.

 

The all-India retail inflation index for farm and rural workers increased by 11 points each to stand at 740 points and 741 points, respectively.

 

The rise in index varied from state to state. In case of farm workers, the index recorded an increase that varied between 4 to 18 points in various states. Karnataka with 822 points topped the index table, whereas Himachal Pradesh with the index level of 583 points was at the bottom.

 

In case of rural workers, the index recorded an increase between 3 and 19 points in all states. Karnataka with 818 points topped the index table whereas Tripura State with the index level of 616 points stood at the bottom.

 

Orissa and Tripura registered the maximum increase of 18 points each for agricultural labourers, while Tripura registered the maximum increase of 19 points for rural labourers.

 

This was mainly due to increase in the prices of rice, wheat atta, meat goat, pork, poultry, fish fresh, milk, onion, chillies green, vegetables and fruits, tea readymade, pan leaf, dhoti cotton mill, shirting cloth cotton mill and leather chappals, the release said.

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COMMENTS

ramanathan dwarakanathan

3 years ago

our bigger worry is food inflation. this can be better managed by addressing the supply side constraints and efficient PDS. country is losing 40,000 cr worth of food every year due to inadequate storage facilities.

SEBI seeks public comments on company result disclosures

The new proposals that would be carried out through amendments in Clause-41 of the listing agreement include mandatory disclosure of half-yearly consolidated results in case of 20% or more variation in revenue, assets, liabilities, profits or losses

Market regulator Securities and Exchange Board of India (SEBI) is planning to  overhaul the way companies file their financial results and audit observation with a view to improve disclosure, reduce compliance cost and bring in consistency for listed companies.

 

The changes are proposed to be carried out through amendments in Clause-41  of the equity listing agreement that deals with the framework for preparation, authentication and submission of financial results by listed companies. SEBI has sought public comments in the draft proposal before 13 September 2013.

 

The new proposals, which have been decided according to suggestions of SEBI’s Committee on Disclosures and Accounting Standards, include mandatory disclosure of half-yearly consolidated results in case of 20% or more variation in revenue, assets, liabilities, profits or losses.

 

To replace different reporting formats (such as lakh or millions) that create confusion, SEBI has proposed mandatory reporting all figures in financial statements in ‘Rs crore’ till two decimal points.

 

In the discussion paper, SEBI also said that the reporting format for all finance companies have been suitably modified so that both banking and non-banking finance companies can use the same format for their results.

 

Moreover, all listed companies will be required to submit their consolidated financial results in accordance with the notified accounting standard (Indian GAAP).

 

Companies would also have to mandatorily disclose the book value of their shares and provide cash flow statements every six months, while detailed disclosure needs to be made for discontinued operations along with the financial results.

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COMMENTS

Vinayak Bhimarao Mudholkar

3 years ago

Few more companies would be suspended & few more investos would feel the pain even when the promoters are at fault !!!

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