Electoral Bonds Information Live updates: The Election Compensation of India releases information of the entities associated with sales and purchase of the now-scrapped selecting bonds on its official internet site. Right here’s a listing of entities which purchased electoral bonds to make political contributions
Electoral Bonds Data Live updates: The Election Compensation of India (ECI) released the listing of entities associated with the sales and purchase of contentious electoral bonds on Thursday. The ECI made the data public on its web site complying with the High court’s order. The top court on Tuesday had actually directed the Election Compensation to release details of the now-scrapped electoral bonds and political parties that redeemed them on Thursday. The State Financial Institution of India (SBI) submitted the information on electoral bonds to the electoral panel body on 12 March after the SC declined its appeal to give the financial institution the even more time to submit information. The SC in its February order gave a site judgement by ditching the Electoral Bonds system. The court called it “unconstitutional”.
Electoral Bonds Information Live: Who acquired the lowest valued bonds?
The data published by ECI revealed individuals and corporates buying bonds of numerous religions, the lowest of 1,000, the following biggest 10,000, 1 lakh, 10 lakh and 1 crore.
Those that purchased 1,000 bonds included Raipur Bottling Company, Ray Constructions Ltd and Dhruv Cotton Processing Pvt Ltd, amongst corporate entities along with the behemoth ITC Ltd.The information additionally showed people and corporates purchasing bonds of several denominations, the lowest of 1,000, the next largest 10,000, 1 lakh, 10 lakh and 1 crore.
Those who bought 1,000 bonds consisted of Raipur Bottling Company, Ray Constructions Ltd and Dhruv Cotton Processing Pvt Ltd, among corporate entities along with the leviathan ITC Ltd
Electoral Bonds Information Live: Listing of top individual donors
While mostly corporates, consisting of developed names and little-known ones, went for the top-denomination bonds, there were additionally numerous people that purchased multiple such bonds.
These likewise included huge industrialists such as Lakshmi Niwas Mittal, Kiran Mazumdar Shaw, Rahul Bhatia, as additionally common-sounding names like Saurabh Gupta, Unnikrishnan K, Raju Kumar Sharma, Tavinder Singh Kohli, Rahul Jagannath Joshi, Kanwar Lal Patni, Raunak Gupta, Anita Hemant Shah, Ashok Kumar Modi and Avinash Modi.
Electoral Bonds Data Live: Listing of leading specific benefactors
While mainly corporates, including developed names and obscure ones, chose the top-denomination bonds, there were likewise a number of individuals that acquired multiple such bonds.
These also consisted of big manufacturers such as Lakshmi Niwas Mittal, Kiran Mazumdar Shaw, Rahul Bhatia, as likewise common-sounding names like Saurabh Gupta, Unnikrishnan K, Raju Kumar Sharma, Tavinder Singh Kohli, Rahul Jagannath Joshi, Kanwar Lal Patni, Raunak Gupta, Anita Hemant Shah, Ashok Kumar Modi and Avinash Modi.
Read – NCP disqualification instance: Competing intrigues exchange papers for verification
Electoral Bonds Information Live: 1-cr bonds take lion’s share at 96%; 1k bonds simply 0.0001%.
Corporate contributions worth thousands of crores to political parties via now-scrapped electoral bonds may have hit the headlines, but there were likewise 132 such bonds of simply 1,000 each bought by individuals in addition to corporates, including leviathan ITC Ltd
. Together, these bonds were worth 1.32 lakh, making up a minuscule 0.0001 per cent of the complete worth of 18,871 bonds worth 12,155 crore, information of which have actually been revealed by the Political election Commission of India.
On the other hand, as numerous as 11,671 bonds of the highest 1 crore religion were bought in nearly a four-year period starting April 12, 2019, and they made up a massive 96 percent of the total worth of all such bonds bought for making contributions to various political parties.
Electoral Bonds Data Live: Reliance rejects link to Qwik Supply.
Qwik Supply Chain Private Limited, a little-known company with a signed up address at Navi Mumbai’s Dhirubhai Ambani Expertise City (DAKC) and having web links to Dependence Industries, was the third largest benefactor to political celebrations using electoral bonds.
It bought 410 crore of electoral bonds between financial years 2021-22 and 2023-24, but Dependence stated the firm is not a subsidiary of any kind of Dependence entity.
Electoral Bonds data Live: BJP received funds from firms plundered by ED, alleges AAP leader Saurabh Bharadwaj.
Aam Aadmi Party challenged the BJP to disclose the information of general funds it survived these bonds, and charged it of obtaining proceeds of criminal activity from business under probe by the ED.
Delhi cabinet minister Saurabh Bharadwaj asked if the BJP would certainly accept obtaining funds from firms that were connected by the Enforcement Directorate in connection with money laundering.
” The Bharatiya Janata Event got over 6,000 crore in the form of electoral bonds, the biggest share than any other celebration. Why was the BJP not exposing just how much funds they have actually gotten.
” These firms purchased the electoral bonds after they were raided by the ED. This implies the earnings of crime have actually mosted likely to the Centre using the electoral bonds,” Bharadwaj alleged as he read out names of companies raided by the ED.
Electoral Bonds Data Live: No link between ED raids and political contributions to ruling party, says Nirmala Sitharaman.
Finance Minister Nirmala Sitharaman on Friday rejected any type of web link between the functioning of investigatory firms, consisting of ED raids, and selecting funding to the ruling party, claiming these claims are just presumptions.
” What if the firms provided the money, and after that, we still went and knocked at their doors with ED (Enforcement Directorate). Is that a probability or not … It is a presumption that the ED went and knocked at their doors, and to conserve themselves they came up with funds. The 2nd presumption is that are you certain that they have provided (selecting bonds) to BJP. Suppose they possibly offered to regional celebrations,” she said while talking at India Today Conclave.
Electoral Bonds Data Live: Kharge takes ‘Na khaunga, na khane dunga, currently it is subjected’ jibe at PM Modi.
” PM Modi stated ‘Na khaunga, na khane dunga’; now it is revealed that BJP earned money out of electoral bonds. Na khaunga, na kahne dunga, sirf meri celebration ko khilaunga sab. Whatever PM Modi does, he does it for his very own gains, and his celebration’s gains,” Kharge stated.
Electoral Bonds Data Live: Hyderabad-based Megha Engineering second-largest contributor to political parties.
Megha Design and Facilities, the obscure Hyderabad-based company that in the last few years won the respected Zojila tunnel deal to name a few jobs, forayed right into city gas and got a media team, was the second largest benefactor to political celebrations utilizing electoral bonds.
Megha Design and Facilities Ltd (MEIL) got an overall of 966 crore worth of bonds in between fiscal years 2019-20 and 2023-24 – the period when it won the task to develop an all-weather road tunnel in Jammu and Kashmir in 2020 in addition to licenses to retail CNG and piped cooking gas in some cities.
Electoral Bonds Data Live: Regional parties with each other increased 5,221 crore through electoral bonds.
Regional celebrations obtained over 5,221 crore in donations via selecting bonds in between April 2019 and January 2024 which was 839 crore less than the 6,060.51 crore increased by the BJP alone in the period under testimonial.
According to the data of the electoral bonds published by the Political election Compensation, 2 national celebrations – the Congress and the AAP – have increased 1,421.86 crore and 65.45 crore specifically in the period under testimonial. The various other national events – the BSP, the CPI( M) and the NPP – did not obtain any type of funds through electoral bonds.
Amongst the local events, the Trinamool Congress alone elevated 1,609.53 crore, which was 30 percent of the complete donations obtained by 22 regional events that obtained funds via selecting bonds.
The Bharat Rashtra Samithi elevated 1,214.70 crore through selecting bonds, the BJD got 775.50 crore, the DMK 639 crore, the YSRCP 337 crore, the TDP 218.88 crore and the Shiv Sena increased 159.38 crore.
Electoral Bonds Information Live: Freeze BJP checking account, carry out unique investigation, states Kharge.
Congress President M Mallikarjun Kharge on Friday demanded a special investigation into the electoral bonds system– where the ruling party has actually encashed 6,060 crore over five years– and stated the BJP’s bank accounts should be iced up till its conclusion. Kharge additionally elevated the issue of a number of companies buying electoral bonds not long after they dealt with raids by main agencies such as Enforcement Directorate and Revenue Tax Division.
Electoral Bonds Data Live: Listing of Leading Customers.
Future Video Gaming and Hotel Providers – 1,368 crore.
- Megha Design and Infrastructure Ltd – 966 crore.
- Qwik Supply Chain Private Ltd – 410 crore.
- Vedanta Ltd – 400 crore.
- Haldia Power Ltd – 377 crore.
- Bharati Group – 247 crore.
- Essel Mining and Industries Ltd – 224 crore.
- Western UP Power Transmission – 220 crore.
- Keventer Foodpark Infra Ltd – 194 crore.
- Madanlal Ltd – 185 crore.
- DLF Group – 170 crore.
- Yashoda Super Speciality Health center – 162 crore.
- Utkal Alumina International – 145.3 crore.
- Jindal Steel and Power Ltd – 123 crore.
- Birla Carbon India – 105 crore.
- Rungta Sons – 100 crore.
- Dr Reddy’s – 80 crore.
- Piramal Enterprises Team – 60 crore.
- Navyuga Design – 55 crore.
- Shirdi Sai Electricals – 40 crore.
- Cipla Ltd – 39.2 crore.
- Lakshmi Niwas Mittal – 35 crore.
- Grasim Industries – 33 crore.
- Jindal Stainless – 30 crore.
- Bajaj Auto – 25 crore.
- Sunlight Pharma Laboratories – 25 crore.
- Mankind Pharma – 24 crore.
- Bajaj Finance – 20 crore.
- Maruti Suzuki India – 20 crore.
- Ultratech – 15 crore.
- TVS Motors – 10 crore.
- Edelweiss Group – 4 crore.
Electoral Bonds Information Live: Four financial solution firms purchase selecting bonds worth 87 crore.
Financial services companies like Bajaj Money, Piramal Enterprises, and Edelweiss Team together bought electoral bonds worth 87 crore between April 1, 2019 and January 2024.
Piramal Enterprises, PHL Finvest Pvt Ltd and Piramal Capital and Housing Money bought bonds worth 60 crore throughout the duration.
It was followed by three entities of Edelweiss Team, signing up for 4 crore bonds, while Bajaj Money acquired bonds worth 20 crore, as per the details published by the Political election Commission of India on Thursday evening.
Gold car loan sponsor Muthoot Financing subscribed electoral bonds worth 3 crore throughout the duration.
Electoral Bonds Data Live: Four monetary solution companies purchase electoral bonds worth 87 crore.
Financial solutions companies like Bajaj Financing, Piramal Enterprises, and Edelweiss Group with each other bought selecting bonds worth 87 crore in between April 1, 2019 and January 2024.
Piramal Enterprises, PHL Finvest Pvt Ltd and Piramal Funding and Real estate Financing got bonds worth 60 crore throughout the duration.
It was adhered to by three entities of Edelweiss Group, registering for 4 crore bonds, while Bajaj Finance purchased bonds worth 20 crore, as per the details released by the Political election Payment of India on Thursday night.
Gold finance sponsor Muthoot Money subscribed electoral bonds worth 3 crore throughout the period.
Electoral Bonds Data Live: Rajnath Singh safeguards BJP, claims ‘Nobody can …’
.Nobody can implicate BJP govt over corruption unlike previous Cong programs, said Protection Preacher Rajnath Singh in Jharkhand.
Electoral Bonds Data Live: 3 out of 5 top donors dealing with ED, I-T probe.
Amongst the leading contributors to political parties, 3 firms bought bonds as they dealt with a probe by the Enforcement Directorate (ED) and Earnings Tax Obligation Division.
The 3 companies are- Future Video Gaming and Hotels Pvt Ltd; Megha Engineering and Infrastructures Ltd (MEIL), and Anil Aggarwal’s Vedanta Group.
Jindal Steel and Power is likewise encountering a probe by the main firms. It has contributed 123 crore to political events using electoral bonds.
Aurobindo Pharma, embroiled in the Dlehi alcohol instance, donated 49 crore.
Likewise, Rashmi Cement and Shirdi Sai Electricals are among the listing of companies that purchased selecting bonds and are under ED and I-T scanners.
Electoral Bonds Data Live: Reliance-linked Qwik Supply Chain gave away over 400 cr.
Qwik Supply Chain Private Limited, a firm connected to Dependence, contributed 410 crore to political parties using electoral bonds.
Electoral Bonds Data Live: Top contributor Future Pc gaming on ED radar.
Future Video Gaming and Hotel Solutions PR, the top purchase of electoral bonds from April 2019 to January 2024, was invaded by the Enforcement Directorate numerous times.
Future Gaming got 1,368 crore of selecting bonds– greatest by any other entity between 2019 and 2024.
Nonetheless, the company has actually been under the radar of the Enforcement Directorate (ED) because 2011.
In December 2021, ED affixed 19.5 worth of homes under the Avoidance of Cash Laundering Act.
In 2015, the ED sleuths seized 100 crore money stacked in Siliguri, West Bengal.
In 2023, a lotto game distributor in Punjab, Arunjot Singh Sodhi relocated High Court, affirming a 900 crore lotto fraud.
The Punjab federal government educated the HC in January this year that an additional director-general of police is penetrating into the issue.
Electoral Bonds Data Live: Top-20 business who bought bonds.
As per the Political Election Compensation of India’s web site, the leading 20 donors are-.
Future Gaming and Resort Solutions Pvt Ltd – 1,368 crore.
Megha Design and Framework- 966 crore.
Qwik Supply Chian Pvt Ltd: 410 crore.
Haldia Power Ltd: 377 crore.
Vedanta Ltd: 376 crore.
Essel Mining and Industries Ltd: 225 crore.
Western UP Power Transmission: 220 crore.
Bharti Airtel Ltd: 198 crore.
Keventer Food Park Infra Ltd: 195 crore.
MKJ Enterprises Ltd: 192 crore.
Madanlal LTd: 186 crore.
Yashoda Super Speciality Medical facility: 162 crore.
Utkal Alumina International Ltd: 145 crore.
DLF Commercial Developers Ltd: 130 crore.
Jindal Steel and Power Ltd: 123 crore.
BG Shirke Building Innovation Pvt Ltd: 119 crore.
Dhariwal Facilities Ltd: 115 crore.
Avees Trading Financing Pvt Ltd: 113 crore.
Gush Power Ltd: 107 crore.
Birla Carbon India Pvt Ltd: 105 crore.
Electoral Bonds Data Live: ‘Contributor’ business just offered ‘tasks’, states Congress.
Congress leader Manickam Tagore affirmed that firms who gave away funds to the BJP were given jobs.
In an interview with the ANI news agency on the disclosure of the electoral bonds on the election commission’s internet site, Tagore claimed, “Among 1,300 business which have actually purchased the electoral bond, 6,000 crores have been gone to the BJP. There is a pattern in the contributions, that pattern makes it clear that there is a scam. The Companies which have actually contributed, they have actually been provided jobs …”.
Electoral Bonds Information Live: 60% of electoral bonds mosted likely to BJP, says Congress.
Congress basic assistant in charge of communications, Jairam Ramesh claimed that 60% of the selecting bonds mosted likely to the BJP, based upon analysis.
” Those that have donated were granted agreements and various other tasks. It is a joint conspiracy,” the veteran Congress leader claimed.
Electoral Bonds Information Live: ‘Mystical donors hiding behind electoral trust funds’, says Congress MP.
With a slew of unidentified and mysterious donors found in the selecting bonds data, Congress MP Manish Tewari has stated that the Supreme Court should purchase the “corporate veil of shell companies to be raised”.
Tiwari said the identification of the “real donor or true buyer” ought to come out.
Electoral Bonds Data Live: Listing of fundings to political events.
PM Modi-led BJP: over 6,000 crore.
Mamata Banerjee-led Trinamool Congress (TMC)- 1,610 crore.
Sonia Gandhi-led Congress- 1,422 crore.
K Chandrashekar Rao-led Bharat Rashtra Samithi (BRS): 1,215 crore.
Naveen Patnaik-led BJP: 776 crore.
SBI Electoral Bonds information LIVE updates: PM Narendra Modi-led BJP most significant recipient of now-scrapped plan.
Prime Minister Narendra Modi’s Bharatiya Janata Event (BJP) got large funding through selecting bonds over the past five years.
According to the EC’s data on selecting bonds, BJP got funding of over 6,061 crore in 5 years.
Notably, the BJP-led Central federal government introduced electoral bonds in 2018 claiming that it would minimize black money in Indian political elections.
Nevertheless, in February this year, just months before the Lok Sabha political election, India’s Supreme Court ruled against it calling it “unconstitutional”.
SBI Electoral Bonds information LIVE updates: PM Narendra Modi-led BJP most significant beneficiary of now-scrapped scheme.
Prime Minister Narendra Modi’s Bharatiya Janata Event (BJP) obtained massive funding through selecting bonds over the past 5 years.
According to the EC’s data on electoral bonds, BJP obtained financing of over 6,061 crore in 5 years.
Notably, the BJP-led Central federal government introduced selecting bonds in 2018 asserting that it would cut down on black cash in Indian elections.
Nevertheless, in February this year, simply months before the Lok Sabha political election, India’s Supreme Court ruled versus it calling it “unconstitutional”.
SBI Electoral Bonds information LIVE updates: 7 BSE business in the checklist.
According to the Mint’s analysis, only seven out of the 30 Sensex companies included in the list that acquired selecting bonds given that April 2019:.
Bharti Airtel.
UltraTech Cement (35 crore).
Mahindra & Mahindra (25 crore).
Bajaj Money (20 crore).
Maruti Suzuki (20 crore).
ITC (6.6 crore).
Technology Mahindra (1 crore).
SBI Electoral Bonds information LIVE updates: List of top buyers.
According to the Election Payment’s website, the checklist of leading entities which acquired selecting bonds to make political donations are-.
Lottery firm Future Gaming and Hotel Providers.
Megha Engineering and Infrastructure Ltd
. Future Pc Gaming and Resort Solutions purchased bonds worth 1,368 crore while Megha Engineering and Facilities Ltd at 966 crore.