HYDERABAD THURSDAY MARCH 28, 2024 `9.00 PAGES 18 LATE CITY EDITION BSE, NSE TO LAUNCH SAME-DAY CASH SETTLEMENT FOR 25 STOCKS TODAY The facility, T+0, will be introduced in a beta version and be available with a few brokers. The existing T+1 will continue for other scrips THE CHOSEN ONES FOR THE NEW FACILITY ■ NO MOSCOW, KOREAN EXCHANGES OFFER T+0 The scrips included for same-day settlement include Ambuja Cement, Ashok Leyland, Bajaj Auto, Bank of Baroda, BPCL, Birlasoft, Cipla, Coforge, Divi’s, Hindalco, Indian Hotels, JSW Steel, LIC Housing Finance, LTI Mindtree, MRF, Nestle, NMDC, ONGC, Petronet, Samvardhana Motherson, State Bank of India, Tata Communications, Trent, Union Bank of India and Vedanta ■ Under the same-day settlement, the seller of a scrip will get 100% of his money on the same day. At present, the seller gets only 80% of the money on the same day and the remaining 20% next day Currently, Moscow Exchange (MOEX) and Korea Exchange (KRX) offer same-day settlement for certain securities SEPARATE CLOSE PRICE FOR SECURITIES BASED ON TRADING IN T+0 SEGMENT CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI BJP’S 400 IS A BLUFF, KCR DID NOT REVIEW 22 DEPTS EVEN ONCE IN 10 YEARS: REVANTH CM terms governance his toughest challenge due to the mess the former chief minister left behind; predicts Prime Minister Narendra Modi may meet Vajpayee’s fate K A LYA N T H O L E T I @ Hyderabad C HIEF Minister A Revanth Reddy who , completed 100 days in office recently is busy , chalking out strategies for the upcoming Lok Sabha elections, and has set his sights on winning 12–14 seats in the state. “We have implemented the guarantees we promised,” he asserted and opined that the BJP isn’t as strong as it appears to be and history (2004) could repeat itself in 2024. In a freewheeling chat with TNIE at his residence here, the chief minister appeared relaxed, notwithstanding a plethora of issues facing him — from simmering dissatisfaction within his own party the Con, gress, over Lok Sabha tickets, and nominated posts to teething problems in governance. Interestingly, his toughest challenge seems to be not the impending polls but governance. “Former chief minister K Chandrasekhar Rao destroyed institutional mechanisms and ruled like a feudal `55,000 crore for payment of pensions, salaries to employees. It is a mystery where all the increased revenues went into. For instance, it is a fact that the government earned more through excise in the runup to the elections. No one knows what happened to the money thus generated. We are in such a position that we have to borrow to service debts. We are trying to boost our revenues. You have seen that by plugging loopholes, we have increased our revenue in the last few months,” he said. To a query on the discontent in the state unit over nominated posts and selection of candidates, he was emphatic. “For the first time ever, we have given nominated posts to leaders from the party’s frontal organisations,” he pointed out. Pressed on how members of the same family managed to get multiple opportunities, Revanth replied that every consideration was given to their work, party’s interests and social justice in finalising names. “This is not a regional party where one could take unilateral decisions. I can only make recommendations and submit names after discussions with colleagues. The final call is taken by the party high com- lord. Believe it or not, out of the 29 departments, he did not review 22 even once in 10 years! We are trying hard to figure out what was happening in these departments. Scores of files were never even touched. To streamline everything in government has been the toughest challenge ever since we came to power,” Revanth explained. Elaborating, he said KCR was concerned only with departments where he could make money while leaving the state finances in shambles. “We need around `77,000 crore per year for debt-servicing and Phone tapping is a serious issue. I told the police officers only one thing. I will not interfere and they should do what they must. You see, this has national security implications too A Revanth Reddy, Telangana chief minister Liquor policy case: Kejriwal gets no interim relief from high court Supriya Shrinate and Dilip Ghosh EC sends notice to Supriya, Dilip M U K E S H R A N J A N @ New Delhi THE Election Commission of India on Wednesday sent show cause notices to Congress leader Supriya Shrinate and BJP leader Dilip Ghosh for their controversial comments on actor Kangana Ranaut and West Bengal Chief Minister Mamata Banerjee. The ECI in its notice said the remarks by Supriya and Dilip were found to be in violation of provisions of the Model Code of Conduct. It sought their responses by 5 pm on March 29. Supriya in her social media account had posted a picture of Kangana with the nasty caption asking what was the going rate at the mandi (market). It came after Kangana was named the BJP candidate for the Mandi Lok Sabha seat. Following an uproar, Supriya deleted the post and said, “Many people have access to my Facebook and Instagram accounts. Someone from them made an extremely inappropriate post today. ” West Bengal BJP leader Dilip Ghosh on March 26 said, “When Didi goes to Goa, she calls herself the daughter of Goa. When she goes to Tripura, she says that she is the daughter of Tripura. She should first identify her own father.” EXPRESS NEWS SERVICE @ New Delhi WHILE arrested Delhi Chief Minister Arvind Kejriwal did not get immediate relief from the Delhi High Court on Wednesday, his wife Sunita claimed he would do a “big expose” on the alleged excise policy scam in court the next day . She was apparently referring to his production in a city court on the conclusion of his custodial remand with the Enforcement Directorate on Thursday Su. nita made the statement after meeting her husband in jail. In the Delhi High Court, Justice Swarana Kanta Sharma refused to interfere with Kejriwal’s arrest and issued notice to the ED on his plea for interim relief of release. It asked the ED to file its reply before April 2. The hearing would begin on April 3. “Any order passed in the application for interim release of the petitioner, pending disposal of his main petition without EXPRESS READ Israel bombs Gaza, fights Hamas around hospitals Israeli forces pounded besieged Gaza on Wednesday in the war sparked by the October 7 attack and fought Hamas around several hospitals despite a UN Security Council demand for a ceasefire. Talks in Qatar towards a truce and hostage release deal, involving US and Egyptian mediators, have brought no result so far, with Israel and the Palestinian militant group blaming each other. Tensions have risen between Israel and its top ally the US over the soaring civilian death toll and dire food shortages in Gaza, and Israeli plans to push its ground offensive into Rafah | P11 calling for reply of ED at this stage would rather amount to deciding the main petition itself,” the judge said. In a related development, Lieutenant Governor V K Saxena said the Delhi government will not be run from jail, though AAP leaders claim Kejriwal will continue as chief minister even if he is under custody . Rebutting the L-G’s statement, AAP leader and Delhi minister Atishi wondered in an interview to PTI, “what is the constitutional provision he is drawing on? The law of the country is very clear. You have the GNCTD Act which is very clear that you cannot be the chief minister if you do not enjoy the majority of the House. These conditions do not apply . So, under what conditions will President’s Rule be imposed?” There was ample drama in the Delhi legislative assembly as the , AAP MLAs stormed into the well of the House demanding Kejriwal’s release. The House was adjourned till April 1. 263/5 The previous record was held by Royal Challengers Bengaluru who posted 263/5 against Pune Warriors in 2013 Govt raps US envoy for comments on Delhi chief minister Y E S H I S E L I @ New Delhi A day after a US spokesperson commented on the arrest of Delhi’s Chief Minister Arvind Kejriwal, saying they hoped his trial was fair, India objected to it and summoned their acting Deputy Chief of Mission Gloria Barbena. The meeting is said to have lasted for 40 minutes. “We take strong objection to the remarks of the spokesperson of the US State Department about certain legal proceedings in India,’’ said Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal. In diplomacy, states are expected to be respectful of the sovereignty and internal affairs of others. “This responsibility is even more so in the case of fellow democracies. It could otherwise end up setting unhealthy precedents,’’ said Jaiswal. We take strong objection to the remarks of the US State Department spokesperson about certain legal proceedings in India Randhir Jaiswal, MEA spokesperson In what was a batting paradise, Sunrisers Hyderabad posted the highest IPL total ever (277/3) against Mumbai Indians on Wednesday. A look TRAVIS TURNS HEADS Playing in his first match for SRH, Travis Head did not disappoint as he went on a carnage, smashing a 17-ball fifty. ABHISHEK, KLAASEN JOIN PARTY Once Head got out, Abhishek Sharma (63 off 23) and Heinrich Klaasen (80 n.o off 34 balls) kept the momentum going as debutant Kwena Maphaka was taken for cleaners. Barring Jasprit Bumrah (0/36), no one was spared as SRH posted the highest total in the history of the league | P13 mand,” he defended. In the same breath, the chief minister stressed that the government, party and family are not one. “For KCR, it was like all in one. But I decided to keep them separate as it should be.” He exuded confidence that the state Congress is united and raring to go into elections. “It is a referendum for our government. We have done what we said we would despite all the difficulties.” Revanth, known for his analytical skills, observed that the BJP’s call for 400 seats for the NDA was nothing more than a bluff. “If they are so confiPRESS dent, why are CLUSIVE they running around to stitch up alliances? What is the need for them to have JD(U), JD(S), TDP and even smaller parties in Bihar and UP? Former prime minister Vajpayee called for early elections in 2004 and went with the slogan ‘India Shining’. He lost. If you see, in 2019, the BJP did not go for alliances as aggressively or desperately as it is doing now. Now, it is behaving like it did in 2014 when BJP leaders were not so confident of an outright victory Logically speaking, going . by its actions, the BJP is not as strong as it claims to be,” he reasoned. FULL INTERVIEW: P4 Cong clears 4 more names for LS seats in TG EXPRESS NEWS SERVICE @ Hyderabad THE Central Election Committee of the Congress cleared candidates for four more Lok Sabha constituencies in Telangana on Wednesday night. The CEC meeting, held in New Delhi under the chairmanship of AICC president Mallikarjun Kharge and attended by Sonia Gandhi, Chief Minister A Revanth Reddy, Deputy Chief Minister Mallu Bhatti Vikramarka and minister N Uttam Kumar Reddy , nominated MLC Jeevan Reddy for the Nizamabad seat, Atram Su gun a for Adilabad, Neelam Madhu Mudiraj for Medak and Chamala Kiran Kumar Reddy for Bhongir. The CEC is scheduled to meet again on March 31 to select candidates for Khammam, Hyderabad, Karimnagar and Warangal seats. The Congress has already picked candidates for Peddapalli, Zaheerabad, Malkajgiri, Secunderabad, Chevella, Nagarkurnool, Mahbubnagar, Nalgonda and Mahabubabad. The BJP and BRS, main rivals of the Congress in the state, have announced candidates for all the 17 LS segments. ‘Dy commander’ among 6 Maoists killed in C’garh E J A Z K A I S E R @ Raipur SIX BODIES RECOVERED The forces recovered six bodies and efforts are on to trace and capture the injured Maoists. Police sources said several Maoists sustained injuries in the exchange of gunfire and fled the scene SECURITY forces on Wednesday gunned down six Maoists, including two women, in a fierce exchange of fire at Chipurbhatti area of Chhattisgarh’s Bijapur district. The slain Naxalites were identified as members of the People’s Liberation Guerrilla Army (PLGA), the armed wing of the outlawed Communist Party of India (Maoist). PLGA’s ‘deputy commander’ of Punem Nagesh was among those killed. His wife Vetti Soni, who was an active member of the militia, and another female cadre were also killed. Sources said Nagesh was instrumental in carrying out several deadly attacks on security forces in the past. According to police, the encounter happened during the search operation of a joint team of the District Reserve Guard and the elite CoBRA unit of the CRPF. The team reached the area after the Maoists killed three villagers on Monday, accusing them of being police informers.
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