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CBI, ED, IT probes against opposition politicians — on at election time, off after that

CBI, ED, IT probes against opposition politicians — on at election time, off after that Under Modi govt, there are many instances of these central agencies questioning or raiding opposition leaders when it can have political consequences. Later, probes go cold again. Ananya Bhardwaj 16 April, 2021 11:07 am IST Text Size: A+ New Delhi: On 2 April, just four days before the single-phase Tamil Nadu assembly elections, the Income Tax Department raided DMK chief M.K. Stalin’s daughter Senthamarai’s residence to unearth “cash distribution” based on “complaints and inputs”. On 21 February, just over a month before the first of eight phases of polls in West Bengal, the CBI knocked at the door of Trinamool Congress Lok Sabha MP Abhishek Banerjee, party supremo and Bengal CM Mamata Banerjee’s nephew, to summon his wife and sister-in-law in a year-old case of coal theft.

KRFB to soon decide on building bridge at Kathrikadavu

₹585 53 cr from KIIFB to NHAI

Part payment of ₹1,978.96 cr. for land acquisition Kerala has given another ₹585.53 crore to the National Highways Authority of India (NHAI) as its 25% share against the expenditure incurred for land acquisition for six-laning of National Highway 66 from Kasaragod to Kazhakuttam in the capital. The amount has been made available to the NHAI from the Kerala Infrastructure Investment Fund Board (KIIFB) that has been authorised to provide the funds for meeting the 25% cost of land acquisition. The amount has been transferred to the NHAI on the basis of a letter from the Regional Officer, NHAI, on March 18 seeking ₹585,53,04,650 as part payment towards the 25% cost of land acquisition as per a tripartite agreement reached between the NHAI Principal Secretary, PWD, and the Chief Executive Officer, KIIFB, official sources told

HDFC: HDFC to acquire 10% stake in Kerala-based asset management firm

New Delhi: Mortgage lender HDFC Ltd on Monday said it will acquire 9.90 per cent stake in Kerala-based infrastructure fund management company KIFML. .the Corporation has today invested in 3,88,303 equity shares of Rs 10 each of Kerala Infrastructure Fund Management Limited representing 9.90 per cent of its share capital issued on a private placement basis, HDFC said in a regulatory filing. The cost of acquisition is at par, that is at the face value of Rs 10 per share, it said, adding the acquisition is expected to be completed in one month. KIFML was promoted by the Kerala Infrastructure Investment Fund Board (KIIFB) to manage Kerala Infrastructure Fund. The company, incorporated in November 2018, acts as an asset management company.

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