Nara Bhuvaneswari, the wife of TDP leader Chandrababu Naidu, has witnessed a significant increase in her net worth, attributed to the outstanding performance of FMCG company Heritage Foods, where she holds a considerable stake. Heritage Foods, co-founded by Naidu, experienced a surge in stock price after the Lok Sabha election results, resulting in a gain of Rs 256.10 per share. Bhuvaneswari, the daughter of former Andhra Pradesh Chief Minister N. T. Rama Rao, is the company’s largest shareholder, while Naidu’s son Nara Lokesh also holds a substantial stake in Heritage Foods, leading to an increase in his net worth as well.
Results for: Lok Sabha Election
Tamil Nadu Congress Committee President K. Selvaperunthagai participated in a video call with Congress party president Mallikarjun Kharge and MP Rahul Gandhi on June 2, 2024, to discuss measures for the vote counting of the Lok Sabha election on June 4. They urged party chiefs to disregard exit polls and ensure that party agents remain vigilant until the last vote is counted. Selvaperunthagai emphasized the importance of vigilance on election day and expressed confidence in the Congress’s victory in Tamil Nadu. He also predicted significant losses for the BJP in Uttar Pradesh. In a statement, Selvaperunthagai urged Congress agents to arrive at counting centers at 6 a.m. on counting day and be aware of the election procedures. He emphasized the need to check seals on machines, verify entries on Form 17C, and ensure agents are present at counting tables.
RPG Group Chairman Harsh Goenka has outlined his expectations from Prime Minister Narendra Modi’s third term following the announcement of Lok Sabha election results. These expectations include: one nation, one election; uniform civil code; agricultural reforms; continued efforts to boost the economy through infrastructure & manufacturing; further push digitalisation; expanding healthcare & education; job creation as a priority; labour reforms; greater investments in energy & climate; and further enhancing India’s global profile. Netizens have reacted strongly to Goenka’s post, with some listing additional expectations and others expressing skepticism about the NDA government.
The Lok Sabha election has reached its halfway point, centered around the question of Prime Minister Narendra Modi’s third term. However, three distinct narratives have emerged as pivotal factors in determining the outcome: women, youth, and Scheduled Castes (SCs).
Haryana recorded a voter turnout of around 65% in the 2024 Lok Sabha election till 8 p.m. on Saturday, marking a slight decline compared to the 70% turnout in the 2019 Parliamentary election. The Sirsa parliamentary constituency witnessed the highest turnout at 69%. The elections were largely peaceful, with no major incidents reported. The campaign was dominated by issues of national security, nationalism, and governance, with both the ruling BJP and the opposition Congress party actively vying for votes.
The Bhartiya Janata Party (BJP) has expelled popular Bhojpuri film star and singer Pawan Singh from the party for ‘anti-party activities’ and ‘maligning the image of the party’. Singh had recently joined the BJP but decided to contest the Lok Sabha election as an independent candidate from Karakat constituency, going against the party’s official candidate Upendra Kushwaha of the Rashtriya Lok Morcha (RLM) alliance.
RPG Enterprises Chairman Harsh Goenka shared an old photo with Prime Minister Narendra Modi, igniting a flurry of comments and speculation on social media. The photo, posted just days before the Lok Sabha election result announcement, has received over 700 likes and 88 comments in less than an hour. Goenka’s caption, ‘Someone asked me- Have you met the next PM?’, has elicited a range of reactions from users, some inquiring about his political aspirations and others praising Modi’s leadership. The post has brought renewed attention to Goenka’s past public support for Modi and his endorsement of the government’s achievements.
Between May 12 and May 18, a series of significant events unfolded in India, including political developments, corporate financial results, and business news.
AAP MP Swati Maliwal accused the Chief Minister Arvind Kejriwal’s PA of assault, leading to an investigation by the Delhi Police.
Prime Minister Narendra Modi filed his nomination for the Lok Sabha election from Varanasi, offering prayers at Dashashwamedh Ghat and visiting the Kal Bhairav temple.
Boeing shareholders re-elected David Calhoun as CEO and approved his $32.8 million compensation despite ongoing investigations into quality-control issues.
JSW Steel’s Q4 profit declined by 64.54% to 1,299 crore due to higher coking coal prices.
Vedanta declared an interim dividend of 4,089 crore and plans to raise 8,500 crore of capital through equity or debt.
Vodafone Idea’s losses widened to 7,666 crore in Q4, while revenues marginally improved.
Anita Goyal, the wife of Jet Airways founder Naresh Goyal, passed away at the age of 70.
Airtel’s Q4 profit fell by 31% to 2,071.6 crore due to foreign exchange losses in its African subsidiary.
Zomato reported a consolidated net profit of 175 crore in Q4 due to operational efficiencies and enhanced cost controls.
The initial public offer of Go Digit General Insurance received 9.60 times subscription on the last day of bidding.
Nationalist Congress Party (NCP) leader Ajit Pawar’s absence from the fifth phase of the Lok Sabha election campaign has sparked speculation of unrest within the party. Despite actively campaigning in earlier phases, Pawar has been conspicuously absent from rallies for his BJP and Shiv Sena allies, leading to rumors of dissatisfaction with the allocation of only four Lok Sabha seats to the NCP. The rumors were further fueled by reports of meetings between rebel NCP leader Sunil Tatkare and NCP (SP) chief Sharad Pawar, despite denials from both parties. Senior NCP leaders Chhagan Bhujbal and Anil Deshmukh have expressed varying viewpoints, with Bhujbal hinting at sympathy for Pawar and Shiv Sena (UBT) chief Uddhav Thackeray, while Deshmukh ruled out reconciliation with rebel leaders. Political analyst Vivek Bhavsar suggests that the NCP’s absence from campaigning in key seats may indicate a shift in power dynamics within the party.
Rohini Acharya, daughter of RJD chief Lalu Prasad, is the richest candidate in the fifth phase of the Lok Sabha election in Bihar, with declared assets worth ₹36 crore. The other wealthy candidates include Congress’ Ajay Nishad (₹29 crore) and BJP’s Raj Bhushan Choudhary (₹16 crore), both contesting from the Muzaffarpur seat. In total, 80 candidates are vying for votes in five constituencies on May 20th, including 13 with serious criminal charges and 15 with general criminal cases. Notably, Saran, once an RJD stronghold, is witnessing a shift in dynamics with the fielding of Rohini Acharya against BJP’s Rajiv Pratap Rudy and LJP (Ram Vilas)’ Chirag Paswan facing off against RJD’s Shiv Chandra Ram in Hajipur.