Adani Enterprises Ltd’s FPO was oversubscribed by 1.02 times on its final day, due to high demand from non-institutional and qualified institutional investors. Retail investors, however, abstained from subscribing due to the large gap between the stock price and the FPO price range.
FPO refers to a follow-on public offering of shares from a publicly listed company, while IPO refers to a first public offering of shares from a privately held company.
As per data released by BSE, Adani received bids for 463,979,960 shares at 15:25 IST, compared to the 455,067,91 shares on offer. The NII portion was oversubscribed by 3.26 times, followed by QIBs with a 97% subscription rate, and employees at 52%. Only 11% of retail investors subscribed.
The public issue that opened for subscription on Friday, January 27, will close on Tuesday, January 31.
Adani Enterprises Ltd set the price range for its proposed offering at ₹3,112 to ₹3,276 per share. The company’s stock closed at ₹2947 on Tuesday, a 7% decline from the bottom of the price range and 11% below the upper limit.
Despite the stock’s trading below the fixed price range, the company confirmed in an interview with CNBC-TV18 that the FPO will proceed as planned without any changes to the price.
Day 1 of the public offering saw only a 1% subscription rate and Day 2 had a 3% subscription rate.
Adani Group stocks have suffered sharp losses due to allegations of fraud from Hindenburg Research. The investment firm had accused the Adani Group of accounting fraud and stock manipulation, triggering stock prices of its companies to hit lower circuits. The Group has, however, denied the allegations and accused Hindenburg Research of spreading malicious disinformation. The group also issued a 413-page statement to affirm its stance.
On Jan. 25, anchors accounted for 29.92% of the FPO by purchasing 1,82,68,925 shares out of 6,10,50,061 offered. 23 key anchor investors received most of the INR 5,984.90 crore anchor allocation. No shares were given to domestic mutual fund schemes, but insurance companies were major domestic institutional participants. The FPO offers 6,47,38,475 equity shares, with a minimum bid of 4 shares and subsequent bids in multiples of 4.
Adani offers retail investors a discount of ₹64 per FPO equity share. The company aims to raise ₹20,000 crore from the FPO, with the net proceeds going towards paying off debts and funding some subsidiaries’ capital expenditures.
Reports suggest the capital expenditures will be for green hydrogen ecosystem projects, airport improvements, and a greenfield expressway. The retail portion of the offer accounts for at least 35% of the net offer, the NII portion is at least 15%, and the QIB portion is up to 50%, according to Adani’s DRHP.
As per a lawsuit filed in November last year, a former Google employee Ryan Olohan has claimed that the tech giant fired him after he resisted the advances of a senior female coworker. The incident took place at a company meeting held at Fig & Olive shortly after Olohan’s promotion to managing director of food, beverages, and restaurants in December 2019. Tiffany Miller, against whom he has levelled the allegations, is a senior executive at Google.
According to New York Post, Ryan Olohan alleged that Tiffany Miller molested him during a company dinner in Chelsea, Manhattan. She also told him how her marriage was devoid of “spice”. He further claimed in the lawsuit that Miller, an Asian, also informed him that she knew he had an affinity towards Asian women since his wife is of the same race.
The married father of seven said he “immediately removed himself from the situation”, which made him “extremely uncomfortable”, and escalated it the following week to the tech company’s Human Resources department.
The HR department took no action, and he was supposedly warned that if a female complained about a White male harassing her, the situation would be escalated.
Ryan Olohan, in the lawsuit, further alleged that Miller became so vindictive after Ryan’s complaint about the 2019 incident to the HR department that she filed bogus complaints against him for “microaggressions”.
Olohan recalled how he continued to face Miller’s hostility on several occasions after he had filed a complaint against her with HR. In December 2021, Miller, who was in an inebriated state, publicly reprimanded Olohan at a Google event. Although Miller apologised, she repeated the same behaviour at a bar in April 2022, said Olohan, adding that Miller’s anger and hostility caused him anxiety and made him feel like he was on probation.
Olohan accused Google of taking no action despite knowing that “Miller’s harassment stemmed from his rejection of her sexual advances”.
Olohan stated that he began to feel increased pressure from his boss, and in July 2022, he was requested to fire a male employee in order to hire a woman. Google fired Olohan the next month, ending his 16-year tenure with the corporation.
Amid the torrent of ‘expert’ advice and suggestions that S Jaishankar routinely receives for doing his job better, the Indian External Affairs Minister has received yet another recommendation that touts itself as the solution for India’s vexed problems with its neighbour, most notably Pakistan.
Jyoti Malhotra, a senior journalist with Shekhar Gupta’s ThePrint, has advised S Jaishankar to watch Pathaan, a recently released Bollywood movie with Shah Rukh Khan in the lead, to navigate the complexities of geopolitics and managing relationships with neighbours known for harbouring chronic ill-will towards India and for unabashedly sponsoring terror attacks in the country.
Published on 31 January 2023, the article titled ‘Jaishankar should watch Pathaan. He is working on Modi’s ambition to be the leader of South Asia’ talks about how the Indian Foreign Affairs Minister can learn a thing or two from Bollywood’s latest fictional thriller ‘Pathaan’ to manage India’s complex relations with her obdurate neighbours.
Source: ThePrint
According to the author, Pathaan’s stunning success at the box office affirms India’s middle-of-the-road message, ‘Live and Let Live’, and it is a stinging reply to the ‘Hindutva Groups’ believing that “Pakistan” is a synonym for everything gone wrong in the subcontinent.
However, she fails to explain that the animosity between India and Pakistan is chiefly due to the latter’s unreasonable behaviour and propensity to wage asymmetrical war against India with the help of Islamic terrorists. India has never initiated a war with Pakistan, has always affirmed its existence as a sovereign country and always has been the first to extend a hand of friendship with its perennially acrimonious neighbour.
Ms Malhotra goes on to explain that ‘Pathaan’ has been an AfPak movie, an abbreviation for Afghanistan and Pakistan. She goes into raptures about the movie, emphasising how Afghans helped SRK, the good guy, in his mission to defeat the bad ones. She also gushes over the role of Deepika Padukone, who plays the character of an ISI agent who shifts her loyalty at the right time to join Pathaan aka SRK.
The article then goes on to list down challenges faced by India in navigating foreign relations in a restive region of South Asia, where India plans to assert itself as a regional power. It also talks about the opportunities that India has going into the year when it is hosting the G20 summit and plans to launch overtures in its neighbourhood to cement existing ties and build new partnerships.
Towards the end, Ms Malhotra stresses the point that Pathaan serves as a lesson for the Ministry of External Affairs and the Indian diplomats, including Foreign Minister S Jaishankar, who could gain valuable inputs from the movie.
“…Pathaan is an unabashed attempt at, at least partially, taking another look at the India-Pakistan relationship. The movie’s amazing success not only demonstrates India’s soft power — a subject much discussed in the Ministry of External Affairs – but could well make the MEA learn a few things from it,” Ms Malhotra concludes in her article for ThePrint.
Bollywood has long ceased to depict reality. It shows what is politically correct, what helps them sell their movie with minimal resistance from disparate groups picturised in the film, which explains why ‘Pathaan’ goes to great lengths to distort the actual reality and showcase Pakistan, the cradle of terrorism and anti-India activities, in a positive light. In this way, the movie not only manages to adhere to the liberal worldview but also appeases Pakistan by characterising them as a nation with predominantly peace-loving population (which is contrary to reality).
Contrarily, the movie shows an ex-RAW officer, played by John Abraham, to be corrupt, immoral, and wicked, and who plans to launch terror attacks in India—with money and not ideology being the driving factor behind the attacks.
For people who flock to theatres to watch a masala movie, the fact that Abraham served in the Indian intelligence agency may be lost in the numerous twists and turns the film offers. But for a discerning eye, it is yet another reminder of how Bollywood shields Pakistan and portrays Indians as corrupt and vile.
Just like the ‘liberals’ claim that a few rotten apples do not represent an entire society, they should be comfortable with it when movies show a few Islamists driven by religious extremism, killing infidels. But that wasn’t the case during the screening of The Kashmir Files, a film that depicted the harsh reality endured by Kashmiri Hindus.
Why Pakistan continues to treat India as its archenemy and why there is no reconciliation in sight
Those who have studied the Indo-Pakistan relationship for the last 75 years would know that Islamabad’s campaign against India—to bleed the country through 1,000 cuts is not underpinned by a mercantilist objective as ‘Pathaan’ projects it to be—terrorists attacking India for financial motives. It glosses over the ideological and religious differences that buttress Pakistan’s animosity toward India. Though it is currently economically weak, Pakistan still harbours to launch Ghazwa-e-Hind against India and bring her under Islamic dominance. For Pakistan, a quasi-republic created in the name of Islam, a Hindu-majority India is Dar-al-Harb (House of War), meaning a country where Muslims only reside in it but are not rulers.
The chief architect of the Indian Constitution Dr BR Ambedkar, in his seminal book ‘Pakistan Or The Partition Of India‘ explained in great detail the ideology that powers Pakistan and those who fought for the creation of Pakistan.
“According to Muslim Canon Law, the world is divided into two camps, Dar-ul-lslam (abode of Islam), and Dar-ul-Harb (abode of war). A country is Dar-ul-Islam when it is ruled by Muslims. A country is Dar-ul-Harb when Muslims only reside in it but are not rulers of it. That being the Canon Law of the Muslims, India cannot be the common motherland of the Hindus and the Musalmans. It can be the land of the Musalmans—but it cannot be the land of the ‘Hindus and the Musalmans living as equals.’ Further, it can be the land of the Musalmans only when it is governed by the Muslims. The moment the land becomes subject to the authority of a non-Muslim power, it ceases to be the land of the Muslims. Instead of being Dar-ul-lslam, it becomes Dar-ul-Harb,” he said.
However, apologists in India continue to disregard grave facts about Pakistan and its raison d’être and instead choose to live in an alternative reality informed by Bollywood’s idealist movies—where Pakistan is a benevolent country, its population is India-friendly, and its objective is mutual development—misconceptions that take root in the minds of ‘liberals’ until another Mumbai 26/11 or Pulwama attack strikes—yanking them back to reality, albeit fleetingly, until another Bollywood movie such as ‘Pathaan’ arrives.
‘Pathaan’ has undoubtedly become a massive hit, right at the top of the list of highest-grossing movies in India, alongside KGF-I, KGF-II, and Baahubali, even though it may not be as profound and robust as other movies in the list.
Detractors would keep whining, S Jaishankar should continue buckling down on what he has started
Nonetheless, this article does not attempt to discredit the phenomenal run that ‘Pathaan’ has had at the box office or point out its many lacunas. It also does not seek to dissuade the Indian Foreign Minister from watching the film if he so wishes. Instead, it is an attempt to emphasise how India’s foreign relations ought to be built with self-interest, national security, and mutual co-existence in mind and not premised on some Bollywood fantasy film devoid of realpolitik and geopolitical considerations.
S Jaishankar has been one of the finest foreign ministers in decades. He has been excellent in representing Indian aspirations on global forums and unrepentant in exposing the hypocrisy of the West. Under him, India saw a radical shift in its foreign policy, from once being timid in expressing its needs and desires to oozing supreme confidence in laying down its demands, befitting its growth and strength. Mr Jaishankar is doing an outstanding job. He needs to chug along instead of paying heed to senseless suggestions by Pakistani apologists.
As for Pathaan, it became a superhit not because it holds some geopolitical message for the Indian government or because it had an extraordinary screenplay. It probably had a spectacular run at the box office because of Shah Rukh Khan’s rabid fan following or maybe it was just a quirk of luck. The ‘liberals’ should stop viewing its success as some sort of epiphany for the Indian government.
Earlier today, when not even 24 hours had passed since the Bharat Jodo Yatra of Rahul Gandhi concluded, news agency PTI (Press Trust of India) talked to ‘experts’ and declared that Rahul Gandhi’s ‘pappufication’ might be over, as his beard symbolises image makeover.
PTI, which is a news agency jointly funded and managed by various mainstream media houses of India, talked to various marketing experts who opined that Rahul Gandhi has finally ‘come of age’ and had become a political heavyweight with serious demeanour.
It should be noted that Rahul Gandhi has been coming of age ever since 2009, but if experts who talked to PTI are to be believed, that process is now complete with Bharat Jodo Yatra – a political exercise where Rahul Gandhi travelled over a thousand kilometres, allegedly to bring unity in the nation, and allegedly on foot.
The journey of Rahul Gandhi had started from Kanyakumari on 7th September 2022 and concluded in Kashmir on 30th January 2023. Many people wondered what was achieved after this yatra, but PTI talked to experts who could point out the biggest achievement – Rahul Gandhi’s beard.
“The beard has given him a certain degree of seriousness. He has arrived as a man, he is no longer Indira Gandhi’s grandson, Rajiv Gandhi’s son. He is now Rahul Gandhi, the man,” one of the experts quoted by PTI argued.
Perhaps the above quote also puts in perspective the claim when Rahul Gandhi, during his last leg of the Bharat Jodo Yatra, had claimed that he had killed Rahul Gandhi. Possibly, Rahul Gandhi, now the man as per PTI expert, had killed the Rahul Gandhi, who was just Indira Gandhi’s grandson.
PTI talked to various experts, all of whom appeared to agree that the beard of Rahul Gandhi was the biggest outcome of the Bharat Jodo Yatra, which is all set to change the political landscape of India. Experts also analysed what messages the free-flowing big beard of Rahul Gandhi was sending out.
“As a symbol it stands for the new wisdom of age, the hard labour of the prince,” said one of the experts, while the other explained that by sporting ‘a little unkempt and imperfect looking’ beard, Rahul Gandhi was sending a message that he had ‘more important things to focus on’ than grooming his beard.
The PTI report, in line with its serious analysis, further asserted that the key question before Rahul Gandhi now would be to-shave-or-not-to-shave now that the yatra has ended. “I believe this beard is here to stay,” said one of the experts PTI talked to.
The serious political analysis and commentary by the PTI had been re-published by The Hindu, ThePrint, Asianet, The Economic Times, and many other websites by the time of publishing of this report by OpIndia. The same could be expected to be printed in various newspapers tomorrow to help ordinary people understand the importance of Bharat Jodo Yatra.
Amidst growing tensions between Russia and the West over the war in Ukraine, the Russian Defence Ministry has claimed that it is in possession of more than 20,000 documents that supposedly expose the USA’s bio-warfare programmes in Ukraine.
In a tweet on Monday (January 30), the Russian Ministry of Foreign Affairs (MFA) alleged, “The materials confirm that the Pentagon aimed at creating elements of a biological weapon, & testing it on the population of Ukraine.”
⚡️ @mod_russia: Russian personnel acquired over 20,000 documents of the U.S. biological programmes.
The materials confirm that the Pentagon aimed at creating elements of a biological weapon, & testing it on the population of Ukraine❗️
On Tuesday (January 31), the Russian Ministry of Defence claimed that the United States had halted its bio-warfare programme in Ukraine after the revelations made by it on the previous day.
It alleged that the Pentagon had shifted its programme to Central Asia and Eastern European countries. “The active action of the Defence Ministry has resulted in halting the military biological programmes in Ukraine,” a tweet by the Russian embassy in the USA read.
“In this regard, the Pentagon is actively relocating the studies, that have not been completed within the US projects, to Central Asia and Eastern Europe,” it further claimed.
@mod_russia: The active action of the ?? Defence Ministry has resulted in halting the military biological programmes in ??.
In this regard, the Pentagon is actively relocating the studies, that have not been completed within the ??projects, to Central Asia and Eastern Europe. pic.twitter.com/Txnt4Pd4WS
It must be mentioned that China had earlier accused the US army of ‘not coming clean’ about the origins of the Coronavirus.
“…It might be (the) US army who brought the epidemic to Wuhan. Be transparent! Make public your data! US owe us an explanation!”, Chinese government official Lijian Zhao claimed in March 2020.
He also claimed that Covid-19 originated at the US Army Medical Research Institute of Infectious Diseases at Ft. Detrick in Maryland, which was shut down in August 2019.
2/2 CDC was caught on the spot. When did patient zero begin in US? How many people are infected? What are the names of the hospitals? It might be US army who brought the epidemic to Wuhan. Be transparent! Make public your data! US owe us an explanation! pic.twitter.com/vYNZRFPWo3
In June last year, the United States’ Department of Defence released a fact sheet, claiming that it continues to support “nuclear, chemical, and biological threat reduction efforts.”
It claimed to conduct ‘peaceful biological research projects’ in former Soviet nations with the help of ex-Russian bioweapons scientists.
“The United States, through international collaboration, has also worked to address other biological threats throughout the former Soviet Union. Subject matter experts in biology, biodefense, public health, and related fields were engaged from across the U.S. government,” it added.
Kerala Youth Commission chairperson, and former SFI leader, Chintha Jerome has found herself in the middle of a controversy over the allegations of plagiarism in her dissertation submitted for the doctorate. The Save University Campaign Committee (SUCC) has filed a petition in the matter to Kerala Governor Arif Mohammed Khan to direct the authorities to review her doctorate.
Reports suggest that Jerome faced criticism for incorrectly attributing poet Changampuzha Krishna Pillai’s popular work Vazhakkula to another well-known poet Vyloppilli Sreedhara Menon. She submitted her dissertation titled ‘Ideological Underpinnings in Select Malayalam Commercial Films of the Post-Liberation Era’ in 2021.
In the petition, RS Sasikumar, chairman of SUCC, and convener M Shajarkhan alleged that the error showed the candidate has a lack of knowledge. They also accused Jerome of negligence. Furthermore, it has been alleged that parts of her thesis were directly copied from Bodhi Commons, an internet portal.
SUCC also accused the research supervisor of the lapse. They demanded action against both Jerome and the supervisor. They said the university authorities, including the Vice-Chancellor, are responsible for quality control in the process leading to the award of Ph.D. degrees. They said the university authorities should also be held accountable for the errors.
SUCC demanded that former Pro Vice Chancellor of Kerala University, PP Ajayakumar, who was Jerome’s guide, should be removed from his post as director of the Human Resource Development Centre. They said that her dissertation was picked from various published articles and the internet. Calling it a serious lapse on part of the guide, they said, “Universities are supposed to ensure originality and creativity. Those holding top positions in these institutions should not encourage the deliberate violation of ethical and academic standards.”
The Kerala Students Union (KSU) also demanded the cancellation of Jerome’s doctorate. In a statement Aloysius Xavier, KSU President, said that the degree without proper scrutiny has brought Jerome under suspicion.
In a statement, Jerome expressed regret for the errors she made in the dissertation. She said, “Many academics read the thesis but the mistake was not noticed. The error was incidental and will be corrected when the dissertation will be published in book form. Thanks to those who pointed out the error.”
Speaking about the accusations of plagiarism, she said that the content was not copied but the “idea was taken”. She further added that the references were properly cited in the dissertation including Bodhi commons.
A court in Gujarat’s Gandhinagar on Tuesday sentenced self-styled godman Asaram to life imprisonment in connection with a 2013 sexual assault case.
Asaram is sentenced to life imprisonment under Sections 376 & 377 in a sexual assault case. Court ordered Rs 50,000 ex-gratia to the victim, Public Prosecutor RC Kodekar said. The 81-year-old is currently serving a life sentence in a Jodhpur case in another case of raping a minor girl at his ashram in Rajasthan in 2013.
In the 2013 case, a girl from Surat accused Asaram of rape. Statements from 68 people were taken in the case. There was a total of seven accused, including Asaram.
Earlier there were a total of eight accused but one of them became a government witness.
Asaram was presented virtually for the hearing. He is currently lodged in Jodhpur jail and has been sentenced to life imprisonment by the Jodhpur court.
In the 2013 case, Asaram was accused of rape by a Surat girl, while Narayan Sai was accused of rape by her younger sister.
Narayan Sai has been sentenced to life imprisonment whereas today the verdict came on Asaram, in which, he was found guilty.
In this case, apart from Asaram, his wife Lakshmi, daughter Bharati and four female followers Dhruvben, Nirmala, Jassi, and Meera were accused. All of these were acquitted.
The police have said that in this case, they had received strong evidence against Asaram.
(This news report is published from a syndicated feed. Except for the headline, the content has not been written or edited by OpIndia staff)
On January 31, Tuesday, NDTV’s ‘star anchor’ Nidhi Razdan called it quits at the leftist propaganda news outlet. Though the journalist herself has not yet confirmed the development, a report by Newslaundry has shared the update.
Nidhi Razdan has resigned as the executive editor of NDTV, three days after her colleague Sreenivasan Jain announced that his three-decade journey with the channel had come to an end, Newslaundry has learnt.#MediaShothttps://t.co/rDrvm89UUu
Interestingly, the news comes just three days after controversial news anchor Sreenivasan Jain announced his departure from the media house. On January 28, Jain tweeted his exit from the leftist media house. “Hi all. An amazing, nearly three-decade-long run at NDTV comes to an end today. The decision to resign wasn’t easy, but .. it is what it is. More later,” tweeted Jain.
Like, Jain, Nidhi Razdan’s career graph has also been quite interesting. Amidst the Covid-19 pandemic, when every other person was losing their jobs, NDTV’s journalist Nidhi Razdan got “lucky” as she was invited by Harvard University to join as a faculty member in the Journalism department. Nidhi, who had over 21 years of experience in journalism, took the opportunity wholeheartedly and announced that she would be starting the “new chapter” of her life very soon as an Associate Professor of Journalism at Harvard on June 13, 2020. She announced her decision to quit NDTV at the same time.
However, there was a catch. Things were not as rosy as Nidhi thought they were. On January 15, 2021, Nidhi issued a public statement that the job she had been bragging about for seven months was actually fake. She alleged that she was a victim of a phishing attack.
In February 2022 she returned to NDTV after her fictitious stint at Harvard University as a professor. She tweeted, “It’s time to stop the excuses, the whataboutery and the obfuscation. Happy to be back home @ndtv. Watch ‘No Spin’, Monday to Thursday at 9:30 pm.”
It’s time to stop the excuses, the whatabouthary and the obfuscation. Happy to be back home @ndtv. Watch ‘No Spin’, Monday to Thursday at 9:30pm https://t.co/q2usJY9MQV
Furthermore, Razdan had helped propagate the opposition’s lies about the Modi government’s Citizenship Amendment Act. In fact, she was caught regularly engaging with the Twitter account of ISIS suspects who incited Muslims to participate in anti-CAA protests.
Nidhi Razdan has also been caught making false claims about Kashmir. In 2019, she falsely claimed that Kashmiris are not being allowed to pray at the Hazratbal shrine in Srinagar and are being denied full communication.
Soon, Nidhi was countered by several people who posted videos of thousands of people congregating at Hazaratbal shrine to offer prayers on the occasion of Eid-Milad-un-Nabi.
On Monday, Bhartiya Janata Party MP Parvesh Verma criticized Chief Minister Arvind Kejriwal for claiming that biomass burning by security guards and chauffeurs is a source of air pollution in the national capital.
“According to Delhi’s CM, the pollution of Delhi no longer increases with the stubble of Punjab’s farmers. The Aam Aadmi Party government has done deep research and talked to experts and found out that now pollution in Delhi is increasing due to security guards and drivers. This is the statement of a CM who always run away from his responsibilities,” he tweeted slamming the Delhi Chief Minister.
दिल्ली में प्रदूषण अब पंजाब के किसानों की पराली से नहीं बढ़ता है। AAP सरकार ने गहन रिसर्च करके एक्सपर्टस से बात कर पता किया है कि अब प्रदूषण दिल्ली में सिक्योरिटी गार्ड-ड्राइवरों की वजह से बढ़ता है,यह कहना है दिल्ली के उस CM का… जो अपनी जिम्मेदारियों से हमेशा भागते हैं। pic.twitter.com/Rgy2Cva2hi
This follows Kejriwal’s speech about the different causes of rising pollution in the national capital at the opening of a real-time pollution data analyzer supersite in Delhi.
Speaking at the occasion, Kejriwal said that biomass burning is responsible for one-fifth of the state’s pollution, which rises considerably during the cold months when security guards and drivers burn wood and other biomass, leading the city to become a gas chamber due to temperature anomaly. He said that when security guards and car drivers at night burn wood to keep themselves warm in the winter seasons, it causes severe air pollution in the capital city.
Kejriwal unveiled the supersite, which includes ‘state-of-the-art’ air analyzers and a mobile air quality monitoring system for a real-time ‘source apportionment study’ to pinpoint the causes of air pollution in the national capital. The supersite, located on Rouse Avenue in Delhi, examines real-time source attribution and aids in pinpointing the causes of an increase in air pollution at any given place in the city.
It was reported in October this year that the state of Punjab witnessed around 8147 incidents of stubble burning from September 15 to October 27 this year. The state also recorded a 20% increase in such incidents in comparison to the number of farm fires in the same period last year, affecting the quality of air in the major parts of Delhi, Punjab, Uttar Pradesh, and Bihar.
The National Investigation Agency (NIA) on Tuesday filed a chargesheet against a resident of Bihar in a case linked to a conspiracy hatched by a member of ISIS– a proscribed terrorist organization– for the propagation of the ideology and to raise funds for the organization and send the amount to his Syria based handlers through cryptocurrency channels.
Mohammad Mohsin Ahmad, a resident of Patna in Bihar, has been charge-sheeted under sections 120B and 204 of the Indian Penal Code and Sections 17, 18, 39, and 40 of the Unlawful Activities (Prevention) Act, 1967. The NIA filed the chargesheet in a special court in Delhi. The case was suo-moto registered by the NIA on June 25 last year.
Investigations have revealed that Ahmad conspired with an ISIS handler and others for the propagation of the ISIS ideology, with the ultimate objective to radicalize the Indian youth and recruit them for the outfit, said the anti-terror agency in a statement.
Ahmad was also involved in raising funds for ISIS from the ISIS sympathizers in India and sending the collected funds to his Syria-based ISIS handlers through Crypto-currency channels, thereby supporting ISIS in furtherance of its terrorist activities, said the NIA.
(This news report is published from a syndicated feed. Except for the headline, the content has not been written or edited by OpIndia staff)
