Adani: JPC Should Investigate Adani Issue -MLC Kavitha

  • JPC should be formed to investigate the fall of the Adani group’s stock prices – Mlc Kavitha
  • Criticises the statement of Union Finance minister Nirmala Sitharaman who said that it would not impact the Indian economy -MLC Kavitha

Adani , February 6 (Maxim News) : Bharata Rashtra Samithi (BRS) MLC Kalvakuntla Kavitha on Monday said that a joint parliamentary committee should be formed to investigate the fall of the Adani group’s stock prices.

Kavitha, while speaking to the media at the Telangana Legislative Council premises said, “Today in the country we are facing a huge crisis. We should definitely call it a crisis as the fall of Adani group‘s shares and the value of the company will impact the country’s economy.”

MLC K Kavitha criticised the statement of Union Finance minister Nirmala Sitharaman who said that it would not impact the Indian economy. The Adani group’s shares saw a massive downward spiral after a Hindenburg report found that the company’s valuation was inflated fraudulently.

Adani – JPC Should Investigate

“The value of shares of SBI and LIC that invested in the Adani group has fallen sharply since the 23 January till date. It has caused a severe loss to the common man. The share value of Adani on January 23 was Rs 3,436. Now the share value of the group has fallen to Rs 1,483 on February 6, The BRS party demands to form a joint parliamentary committee in which every parliamentarian from all political parties can take part,” stated Kavitha.

Kavitha, who is the daughter of Telangana chief minister K. Chandrashekhar Rao, said that there should be an impartial probe when something impacts the country so deeply. “It’s the responsibility of the Prime Minister morally and socially to speak out to the country and to the people so that Adani’s fiasco would not turn into an economical disaster,” she added.

Adani: JPC Should Investigate Adani Issue -MLC Kavitha
Adani: JPC Should Investigate Adani Issue -MLC Kavitha

It is the moral of the Prime minister of this country to speak to the people of this nation, Kavitha said.(Maxim News)


Next Story:

  • Adani Bribery Case: KTR Demands Telangana Govt To Cancel All Contracts

    Adani Bribery Case: KTR Demands Telangana Govt To Cancel All Contracts

    Hyderabad, Nov 22 (Maxim News): BRS working president KT Rama Rao demanded the Congress government in Telangana to cancel its agreements with the Adani Group, worth Rs 12,400 crore, and return the Rs 100 crore donation made by the group for the Skill University. The demand follows charges of corruption and bribery against industrialist Gautam Adani…


  • Raja Singh Sparks Controversy Again: Advises Ayyappa Devotees’ To Visit Vavar Mosque

    Raja Singh Sparks Controversy Again: Advises Ayyappa Devotees’ To Visit Vavar Mosque

    Hyderabad, Nov 22 (Maxim News): Goshamahal BJP MLA Raja Singh, sparked controversy after advising Ayyappa Swamy devotees not to visit the Vavar mosque of Hazrath Vavarswami Darga and mosque—popularly known as Vavar mosque—when traveling to the Sabarimala Temple in Kerala.


  • Telangana: DCA Cracks Down On Fake Drug Claims For Critical Illness

    Telangana: DCA Cracks Down On Fake Drug Claims For Critical Illness

    Hyderabad, Nov 22 (Maxim News): The Drug Control Administration (DCA), Telangana State seized several drugs that were circulating in the market with misleading claims of treating Cardiovascular disorders, blood pressure, Ophthalmic diseases/disorders, fevers, and diabetes, which is in contravention of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954, a DCA press release said.


  • Three Arrested For Practicing Allopathy In Telangana

    Three Arrested For Practicing Allopathy In Telangana

    Hyderabad, Nov 22 (Maxim News): The drug inspectors of Telangana State Drug Control Administration (TSDCA) conducted raids on the premises of three quacks (unqualified medical practitioners), who were practicing allopathy, at different locations in Telangana State and seized substantial stocks of medicines worth Rs. 83,000, stored illegally for sale.


  • Like Praja Palana Forms, Now Caste Survey Applications On Road

    Like Praja Palana Forms, Now Caste Survey Applications On Road

    Hyderabad, Nov 22 (Maxim News): The caste census survey applications have been found scattered again and this time near Tarnaka Metro station in the city on Friday. This is the second such incident being reported in the State.


Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe.  Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates

Leave A Reply

Your email address will not be published.