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Maliwal case: NCW summons Kejriwal aide

4 days 13 hours ago
The National Commission for Women on Thursday summoned Bibhav Kumar, former PS to Delhi Chief Minister Arvind Kejriwal to appear before it tomorrow.Bibhav Kumar has been accused of assaulting Aam Aadmi Party's Rajya Sabha MP Swati Maliwal at the CM's residence in Delhi.The National Commission of Women (NCW) took suo moto cognizance of a media post titled "Ex-DCW chief Swati Maliwal accuses Arvind Kejriwal's personal secretary of assaulting her," where she claimed that she was brutally assaulted at the Chief Minister's residence by Bhibhav Kumar, Kejriwal's Private Secretary.In light of these accusations, the Commission issued a notice, emphasizing that failure to comply could result in further actions as deemed necessary by them.NCW Chief Rekha Sharma earlier this week raised concern over the incident and said that Maliwal should speak up.ALSO READ: Kejriwal remains mum, Akhilesh says more important issues at hand"I am worried about the safety of @SwatiJaiHind... what pressure is she under that she is unable to come forward and file a complaint with police. Be brave Swati #speakup," she said in a post on X.CM Kejriwal's PS Bibhav Kumar "misbehaved" with Maliwal on Monday at the CM's residence and the AAP supremo will take strict action in the matter, party leader Sanjay Singh said on Tuesday.Singh's statement at a press conference came a day after Maliwal, who is a former chairperson of the Delhi Commission for Women, went to the Civil Lines Police Station and alleged that a member of Kejriwal's personal staff "assaulted' her at the chief minister's official residence, police officials said.The police said that they had not yet received a formal complaint."Aam Aadmi Party is our family. The party has taken a clear stand on this issue...Can they answer on the case of Swati Maliwal, when she went to fight for justice for women wrestlers at Jantar Mantar, they made the police drag and beat her up. Don't play political games on this," Singh said speaking to reporters at a joint press conference with Samajwadi Party chief Akhilesh Yadav on Thursday.Earlier in May last year during the wresters' protest at Jantar Mantar, Maliwal who was then the Delhi Commission for Women chief, alleged that the Delhi police pushed her and forcefully dragged her to a car which took her to the police station, while she was trying to meet the wrestlers.

Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

4 days 14 hours ago
Shares of Oberoi Realty on Thursday jumped 9% to hit a fresh 52-week high of Rs 1,712.30 after the company reported a 65% year-on-year (YoY) jump in its Q4 profit at Rs 788 crore.The total income of the company rose to Rs 1,558.56 crore in the quarter from Rs 995.11 crore in the year-ago period, according to the regulatory filing on Tuesday.The realty player also announced its plans to raise up to Rs 4,000 crore through the issuance of equity shares and non-convertible debentures along with a dividend of Rs 2 per share. May 23 will be the record date for the payment of the said dividend.Here’s how brokerages view the earnings:JefferiesGlobal brokerage firm Jefferies believes there was a strong response to the new launch that drove a pre-sales jump at Rs 4,000 crore and a P&L beat in the quarter. The execution is likely to remain steady as management showed focus on quality delivery. At 15%+ NAV, Jefferies finds the upside to be limited.Jefferies has maintained a ‘hold’ rating on the stock with a target price of Rs 1,341.Motilal OswalMotilal states that Oberois’ completed projects have the potential to cumulatively generate over Rs 1,500 crore of surplus cash annually, which, coupled with the scale-up in rental income, provides enough firepower to capture the business development opportunity. The domestic brokerage retained a ‘neutral’ view on the stock and increased the target to Rs 1,585.Kotak Institutional EquitiesDomestic brokerage Kotak Equities mentions that Oberoi Realty has a large inventory of completed/near-completed assets which will likely yield very healthy cash generation. Oberoi has upcoming launches which marks Oberoi’s maiden venture outside Mumbai.“We believe the CMP adequately reflects the positives, even as the company has lagged the peer set on growth in development business,” stated the KIE report.KIE has maintained a ‘reduce’ call on the stock with a revised target price of Rs 1,375.Also read: Awfis Space Solutions IPO price band fixed at Rs 364-383; offer to open on May 22The company has passed an enabling resolution for issue of non-convertible debentures up to an aggregate amount of Rs. 2000 crore by way of private placement, in one or more offerings.The shares of Oberoi Realty have given 74% returns in the last one year while gaining 28.7% in the last three months.Oberoi Realty is one of India’s leading real estate development companies, which is focused on premium developments in the residential, office space, retail, hospitality, and social infrastructure verticals.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Kejriwal remains mum on Swati Maliwal

4 days 16 hours ago
Aam Aadmi Party's national convenor Arvind Kejriwal continued to maintain his silence on Thursday on the issue around the assault on Rajya Sabha MP Swati Maliwal by his aide.Addressing a press conference with Samajwadi Party's Akhilesh Yadav, Kejriwal seemingly evaded journalists' questions on the Maliwal incident. "There are other important topics as well," Yadav said, sitting next to Kejriwal.However, AAP's Sanjay Singh said that politics should not be done over the Maliwal incident."The entire country was in pain after seeing what happened in Manipur but PM Modi was silent on the issue. Prajwal Revanna raped thousands of women but PM Modi was asking for votes for Prajwal Revanna. When our wrestlers were protesting at Jantar Mantar, Swati Maliwal who was DCW chief was beaten up by Police...PM Modi remained silent on these issues. AAP is our family and has given a clear statement. BJP and PM Modi should answer all these issues that I mentioned," Singh said.— ANI (@ANI) During Kejriwal's roadshow in the Chandni Chowk constituency, some people displayed posters and raised slogans over the Delhi CM's personal assistant Bibhav Kumar allegedly misbehaving with AAP leader Maliwal.The AAP has acknowledged the incident involving Bibhav Kumar and Maliwal.Maliwal on Monday went to the Civil Lines police station and alleged that a member of the Delhi chief minister's personal staff "assaulted" her at the chief minister's official residence, police officials had said. She is yet to file a formal complaint in the matter.On Tuesday, Sanjay Singh addressed a press conference and said the incident with Maliwal was a "highly condemnable" one.Police had also visited her residence on Minto Road on Tuesday.
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