Co-incidence

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Co-incidence

News # 1

  1. Ports acquires Dhamra Port on east coast of India for Rs 5,500 Crores – News dtd 17th May 2014

Gautam Adani-led AAdani dani Ports and Special Economic Zone on Friday scooped up the strategic Dhamra port on the east coast of India for an enterprise value of Rs 5,500 Crore. The company signed a definitive agreement to buy the port from a 50:50 joint venture of Tata Steel and Larsen & Toubro, on a day when Narendra Modi-led Bharatiya Janata Party won a massive mandate in the general elections

  1. UPA’s ‘parting gift’: Adani group slapped with Rs 5,500 Crores notice – News dtd 17th May 2014

One day before it got decimated in the Lok Sabha elections at the hands of the BJP, the Congress-led UPA government gave a farewell shock to Ahmadabad-based Adani group by slapping Rs 5,500 Crore show cause notice in a case of alleged “over-valuation” of capital equipment for power projects

News # 2

  1. CAG  pegged the 2G spectrum loss at 1,76,000 Crores. But the telecom minister Kapil Sibal propagated that there was ‘zero loss’ to the government
  2. Mr.Kapil Sibil, who has always talking about 1,76,000; got exactly same number of votes in Lok Sabha election. He was polled 1,76,000 votes in Chandni Chowk Constituency, Delhi
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About B E Kumar Prasad

B E Kumar Prasad
He is a Practicing Chartered Accountant in Bengaluru, India. He has 28+ years of experience in income tax, business setup, and NRI matters. He is also an Insolvency Professional, Registered Valuer (F&SA) and Social Auditor.Prasad welcomes your comments and questions. Please email him at simplifiedlaws20@gmail.com

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