Dear Shri Robert Vadra ji,
I know you’re in the news for corruption and tax evasion charges, but don’t let that bog you down. You are bigger than that, and we are with you. And of course, there’s the union cabinet to take care of that. Salman hai na? [I am guessing that in the inner party circles, he goes as son-in-law minister. Hee hee.]
But on a serious note, you are such an inspiration, man.
You know how everybody has their life-changing moments? Buddha had it below than Banyan tree. Einstein had it when that apple fell on his head. Poonam Pandey when she realized her best talent was taking her clothes off. Similarly, mine was when i saw a sign at the airport listing out the most important people in India, the ones exempted from getting their balls cupped by CISF officers.
President. Prime Minister. Cabinet Ministers. Chief Justice. Shri Robert Vadra.
Man, this must be an order of magnitude bigger than getting AIR 1 in IITJEE, 100 percentile in CAT and topping the civil services exam. In the same year. Mumma must be so proud.
Dude, you’re such a rockstar. And i felt important when Continental airlines sent me a one-time pass to the premium lounge. What a loser.
But i guess you were destined for greatness. Your mom was of Scottish origin, and dad an Indian. Always the mark of a great man to marry a foreigner, and i guess it also fit into the whole Gandhi family theme. But clearly, if there’s one thing you did well, it was getting married to Priyanka ji. Very nice lady she is, tall, charismatic, short hair and all that.
While most Indian men dream of marrying a woman who can get them a crore in dowry, you went long. And how. Good job there.
Don’t get me wrong, i am not like those stupid BJP walas, ranting against you. I truly adore you man. Your journey is going to inspire men and women for many centuries.
I mean, you got the airport frisking exemption even before the chiefs of our defense services. That is so FREAKING AWESOME.
Of course, you are not all about being the first-son-in-law of the country. There’s more to you. Like spending time in the gym to give a complex to Salman and Hrithik. You’re forty and have a six pack of abs. I am 32 and my lungs turn into the Agni missile if i dare run a kilometer. You already have a mustache. I say you should shoot for the lead role in Dabangg 2.
Oh, and i love your 1800cc motorcycle. Even my car doesn’t have that many CCs. But then, the national jamai has to live in style, so it is cool. Kitna deti hai, btw?
There’s so much to you. I think you are doing a great job of removing gender stereotypes that crappy shows like Balika Vadhu are creating. There the bahus spend their time cooking, looking good and taking care of the family name. Here, you are making sure you look good, while taking care of the family name. This is just so sweet. I would do chubby cheeks to you, if i could.
Along the way, you’ve also built yourself a business empire. Stakes in hotels, apartments all over the place, everything totaling hundreds of crores. Excellent example for unmarried budding entrepreneurs. Just one suggestion – you should consider putting up those apartments for rent. Some supplemental income never hurts.
Awesome, man. Awesome. Very impressive.
Achha, one last thing. I hear you got a 10,000 square feet apartment in Gurgaon for 89 lakh. Boss, this is god-level bargaining skills. How did you manage? When i tried, they wouldn’t sell me an apartment a tenth of that size for that much. Can you please help getting that discount? Perhaps if we find ten other people, DLF might even give us a group discount and make it even cheaper.
Chalo boss, that’s it for now. Take care, keep rocking, and don’t worry about Kejriwal, the BJP, or Indian people. We forgot about Bofors, we’ve forgotten CWG, we’ve forgotten 2G, we’ll forget Coal G, we’ll forget JIJA JI as well.
[Image courtesy: India Today]
Disclaimer: Dear Kapil Sibal ji, i just mean this in good humor. If you are considering putting me in jail for this silly satirical post, please note that Suresh Raina’s nephew wrote it.
http://networkedblogs.com/D8prE
Open Letter to Shri Robert Vadra
-
ghulam muhammed
- Posts: 11653
- Joined: Tue Oct 07, 2008 5:34 pm
Re: Open Letter to Shri Robert Vadra
WARREN BUFFET HIRES SONIA GANDHI’S SON-IN-LAW
In news that has relieved lovers of money everywhere, legendary investment guru Warren Buffet has announced that the search for his successor is finally over. New Delhi-based entrepreneur Robert Vadra, son-in-law of Indian Supremo Sonia Gandhi, will soon be taking over as head of Berkshire Hathaway.
“Despite an extremely rigorous gym schedule, this extraordinary young man has become a billionaire in just four years,” said the Sage of Omaha. “Not only did he convince real estate giant DLF to give him an entire suburb of Delhi at throwaway prices, he also got them to lend him the money, interest free. My sources inform me that he is also
acquiring two or three other Indian states, but he’s too modest to talk about these things.”
Members of Sonia Gandhi’s domestic staff have welcomed the move.
“I kiss his boots on a regular basis,” said Law Minister Salman Khurshid, “It’s amazing how smooth he keeps the leather.”
“He’s extremely dynamic,” said baggage-handler Manish Tewari. “When I carry his bags at the airport, I can barely keep up. And it’s not just because he doesn’t have to go through security.”
DLF has rubbished allegations of corruption, and maintains that all dealings have been completely transparent.
“We did everything very openly,” said a spokesperson for DLF. “There is no question of favoritism. We are committed to providing the same benefits to anyone else who marries Priyanka Gandhi.”
Others have also earmarked Vadra for international glory.
"Let me just get through this election," said US President Barack Obama. "If I win, I'm going to use this man's help to revive the US economy."
http://shovonc.wordpress.com/2012/10/06 ... on-in-law/
In news that has relieved lovers of money everywhere, legendary investment guru Warren Buffet has announced that the search for his successor is finally over. New Delhi-based entrepreneur Robert Vadra, son-in-law of Indian Supremo Sonia Gandhi, will soon be taking over as head of Berkshire Hathaway.
“Despite an extremely rigorous gym schedule, this extraordinary young man has become a billionaire in just four years,” said the Sage of Omaha. “Not only did he convince real estate giant DLF to give him an entire suburb of Delhi at throwaway prices, he also got them to lend him the money, interest free. My sources inform me that he is also
acquiring two or three other Indian states, but he’s too modest to talk about these things.”
Members of Sonia Gandhi’s domestic staff have welcomed the move.
“I kiss his boots on a regular basis,” said Law Minister Salman Khurshid, “It’s amazing how smooth he keeps the leather.”
“He’s extremely dynamic,” said baggage-handler Manish Tewari. “When I carry his bags at the airport, I can barely keep up. And it’s not just because he doesn’t have to go through security.”
DLF has rubbished allegations of corruption, and maintains that all dealings have been completely transparent.
“We did everything very openly,” said a spokesperson for DLF. “There is no question of favoritism. We are committed to providing the same benefits to anyone else who marries Priyanka Gandhi.”
Others have also earmarked Vadra for international glory.
"Let me just get through this election," said US President Barack Obama. "If I win, I'm going to use this man's help to revive the US economy."
http://shovonc.wordpress.com/2012/10/06 ... on-in-law/
-
ghulam muhammed
- Posts: 11653
- Joined: Tue Oct 07, 2008 5:34 pm
Re: Open Letter to Shri Robert Vadra
An email which is being circulated widely :-
Kejriwal On Payrolls of Scoundrel Banias – On Defamation Contract – Ex
It is Laughable when Two International Scoundrels Kejriwal and Bhushan allege ‘Robert Vadra’ had Rs.50 lakh wealth when we know just one property in Defense Colony could be worth Rs.100 crores that was owned by Vadra before marriage and ‘Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years’ and am shocked at the poor caliber of TV anchors and other Politicians. Robert Vadra was 1000 times richer in 1995 than Carpet Roller petty Tambuwala Nitin Gadkari first became a BJP Minister who is now worth Rs.5000 crores essentially from Loss Making companies but selling Liqour @ Rs.5 crores per day.
Nitin Gadkari acquired 250 acres of land in Bela village cheaply from farmers when 10-15 acres was required for Purti Sugar Mill.
http://en.wikipedia.org/wiki/Reliance_Power
In the attachment – Anil Ambani accused of Cheating & Frauds in Power sector formed a company with Rs.1 Lakh Equity – deployed Temporarily Rs.1000 crores and went for IPO for Rs.11,000 crores for 7% equity at Rs.450/- offer price that was over subscribed and roped in $27.5b.
Not just that he secured Long Term Interest Free loans of $8.5b for ‘Standard Equipment’ from China in single 36 Unit contract and also acquired few Coal Mines practically free.
‘A media report suggested that, if the company’s stock price were to cross Rs. 650-700, Anil Ambani would go past L. N. Mittal to become the richest Indian’
A scoundrel Bania becoming richest Indian overnight is not considered SCAM or Cheating. Instead of Rs.1000 share price Reliance Power was traded at Rs.103 yesterday.
CAG reported Mukesh Ambani was drilling in ONGC blocks acquired in 1999 and in Gujarat Deen Dyal Discoveries holding Oil & Gas worth $Trillions. (Copy Attached)
Robert Vadara vs Nitin Gadkari
Let There Be a CBI Enquiry into Robert Vadara and Nitin Gadkari Businesses simultaneously.
These Scoundrel Borrowed money from General Public worth Rs. Crores just to Defame Manmohan Singh and Sonia Gandhi and not a penny was used up to institute Criminal Cases against Ambani or Jindal – This party is not India Against Corruption but India for Bania Party.
When top Banias – Ambanis, Jindals etc are under investigations for Biggest Scams and Loot worth $Trillions in Oil & Gas blocks, Purchasing Substandard Power Projects from China, Coal Mining, Highways, Iron Ore, Telecom Scams – Kejriwal is diverting focus on Worlds top Scoundrels.
He has not found anything wrong in their conduct.
Kejriwal didn’t object when Fraudulently all Scoundrel Banias raised their equity from 3%-13% to between 50% to 93% by firstly converting Benami holdings in their name and secondly by repeated Stock Scams scared away investors and acquired their shares cheaply.
Here in the following U-Tube at 26minute Kejriwal urged Amity University Chairman to send 16000 students and promised to Chauhan in seven days India shall become Tehrir Square and UPA government shall colapse.
http://www.youtube.com/watch?v=gDc3ood28Bg
I have gone through the statements of both Kejriwal and Bhushan – both A grade Scoundrels who file BOGUS PIL to delay CBI investigation into SK Dubey ‘Charges of Mega Loot’ – 100% over price in Highway Tenders or getting the works done by local contractors at 50% discounts. Kejriwal cheated GOI to the tune of Rs.10 lac, Bhushans were paying Rs. 100 per moth rent for a bunglaw on 10,000 sq.meter plot in Allahabad that alone could be worth Rs.200 crores and acquired 66% of it for Rs.5,00,000/-.
(SKD Letter Copy Attached.)
He didn’t object when companies were formed with Rs.1 lakh equity – soon acquired say Rs.1000 crores from unrelated companies – went for IPO and captured Rs.12,000 crores from Investors at Rs.450 per share for 7% equity.
He didn’t object when Scoundrel Banias with Criminal Back ground were allowed 25 Oil & Gas blocks in 1999 onwards and in 2012 CAG report didn’t acquire a Deep Water Drill even by 2007.
He didn’t demand arrest of Ambani when found directly drawing power from MSEB 220KV high voltage power lines.
He didn’t object to ‘Re-routing international calls to BSNL networks as local calls.’
Every company post Half Pant rule of 13 days were allowed to increase Promoters Equity to over 50% as Small Investors were practically ejected from Listed Companies.
At first glance I find nothing ‘Unusual’ in some Company or Individual giving Short Term loan to sister companies or Third Party to let it acquire Some Property or Business.
Even Mahatama Gandhi’s trip to London was Financed by Bania Association when he had done poorly in Secondary School exams and his own family and relatives didn’t lend and approve his visit to London for Law Graduation.
Banias in Trade and Business Lending money every day at 40% to 120% interest is Considered an Offence but not by these Scoundrels duo Bhushan and Kejriwal.
Lending money at no interest to friends and relatives was NEVER an Offence.
Non Banias do it occasionally too to buy a Car or A Plot or Home.
Both these Bania Wadis didn’t object to ‘Dowry Practice,’ Bania Boys demand Rs. Crores to marry a Bania Girl and all their Offspring’s are Products of Corruption.
INFOSYS founder borrowed few thousands from his wife and relatives and Bill Gates $25,000 or Rs.3,00,000 in founding Microsoft.
Narendra Modi gave 1000 acres of Cow Research Institute land to Tatas almost free worth at least Rs.500 crores with Rs.10,000 crores – to boost his image before Elections – Neither Promised Jobs or Tax Revenue was generated by NANO plant.
Was it not Corruption?
Was it not Corruption when Santosh Hedge for Five Years let Iron Ore smuggling in Karnataka?
Was it not Corruption when Ambanis got licenses for Large Textile, Petrochem, Refineries, 2G, 3G, WLL, 4G, DTH, Internet – Broadband, CIDMA, GSM, Wifi, Retail, Films and numerous other companies?
‘Anil Ambani placed a single order for $8.3 billion with Shanghai Electric Co Ltd (SEC) for buying 36 coal-fired thermal power generation units, spare parts and related services over a 10-year period. This took the total deal size between Reliance Power and the Chinese power equipment maker over the past couple of years to $10 billion, making it the largest contract between a private Indian company and a government-owned Chinese firm.’
‘On January 15, 2008, the company attracted $27.5 billion of bids on the first day of its initial public offering (IPO), equivalent to 10.5 times the stock on offer, thereby, creating India's IPO record. The upper cut off price for the bid was Rs. 450. The proposed IPO was to fund the development of its six power projects across the country whose completion dates are scheduled from December 2009 to March 2014.’
Here in the Following RP cheated
Ravinder Singh
Progressindia008@yahoo.com
October06, 2012
Reliance Power IPO creates history
15 Jan 2008 Tuesday, 9.55 am:
The Anil Ambani-controlled Reliance Power opens for stock subscription in the Rs 405-Rs 450 range.
9.56 am: History is created — the stock is oversubscribed. By evening the Rs 11,600-crore issue is oversubscribed a staggering 10.55 times. And it’s still three days to go before subscriptions close.
Reliance Power is by far the largest initial public offering ever in India, dwarfing realty major DLF’s Rs.9,188-crore issue.
Reliance Power, when it lists on the stock exchange, is likely to substantially raise Anil’s personal wealth. If the stock lists above Rs 700, as it is widely expected to do, it would catapult Anil to the top of India’s rich league, well past elder brother Mukesh’s Rs 2.48 lakh crore net worth.
But there’s more to the share issue than that. Reliance Power is representative of a whole new league of mega public offerings in India. The DLF offering was considered a paradigm-changing one. Within seven months, Reliance Power makes it seem like a drop in the ocean. Waiting in the wings is Bharat Sanchar Nigam Ltd. The telecom major’s initial public offering of Rs 40,000 crore — for a mere 10 per cent of the company— is set to make Anil’s stock issue look like small change.
Meanwhile, State Bank of India is planning to issue shares worth Rs 16,700 crore to existing shareholders at a fixed price. This, too, will dwarf Reliance Power’s issue. No wonder then, Union Finance Minister P.Chidambaram couldn’t contain his elation. “It is a reflection of what the world community thinks about the future of India...,” he said about Reliance Power, the first time he has commented on a public issue.
Other mega issues expected soon are Reliance Infocomm, Oil India, UTI Mutual Fund, National Hydro Power Corporation and Rural Electric Corporation.
Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years, Kejriwal says
TNN Oct 5, 2012
NEW DELHI: India Against Corruption (IAC) members Prashant Bhushan and
Arvind Kejriwal on Friday accused Congress president Sonia Gandhi's son-in-law Robert Vadra of large-scale corruption in real estate dealings. In a highly speculated press conference, the IAC members alleged that real estate giant DLF had sold him prime land at throw-away prices and given him interest-free loans. They said, Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years, according to Times Now.
Robert Vadra, who comes from a brass and wood handicraft merchant's family, is married to Sonia Gandhi and Rajiv Gandhi's daughter Priyanka Gandhi.
Speculation was rife among political observers in the national capital about activist Arvind Kejriwal's announcement to 'expose' the corruption of a "powerful political leader" on Friday. Kejriwal had said on October 2 that his group would reveal sensational information against two political leaders on Saturday. However, the IAC changed its plans and held its press conference on Friday.
Throwing in a flurry of questions Prashant Bhushan said, "Why did DLF give Rs 65 crore loan to Vadra without any interest? He bought DLF properties with that money at discounted rates ... What benefit did Vadra provide to the Congress party for this? He bought property worth Rs 65 crore for Rs 5 crore ... How did DLF benefit? There are many questions ... There are four penthouses in one DLF property in Gurgaon. He brought these through a maze of five companies. We have details of 12 companies registered in the past few years — six registered in 2012 alone. A penthouse was sold in 2009 for Rs 89 lakh whose market value was Rs 25 crore then, and is now at least Rs 40 crore ..."
Arvind Kejriwal demanded the government to probe into the benefits Robert Vadra may have received in the corrupt property deals.
The second expose speculated to be against a Mumbai-based political figure is expected on October 10, according to the activists. Earlier this year Kejriwal-Bhushan duo had released documents against 15 Cabinet ministers including PM charging them of corruption. They had demanded that a special investigation team be set up to investigate the charges.
The government, however, chose to ignore the demand despite a partially successful hunger strike by Kejriwal, Manish Sisodia and Gopal Rai at Jantar Mantar in July. The activists hope that through a series of "revelations" they will be ale to strengthen the anti-graft image of their unnamed party.
Kejriwal On Payrolls of Scoundrel Banias – On Defamation Contract – Ex
It is Laughable when Two International Scoundrels Kejriwal and Bhushan allege ‘Robert Vadra’ had Rs.50 lakh wealth when we know just one property in Defense Colony could be worth Rs.100 crores that was owned by Vadra before marriage and ‘Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years’ and am shocked at the poor caliber of TV anchors and other Politicians. Robert Vadra was 1000 times richer in 1995 than Carpet Roller petty Tambuwala Nitin Gadkari first became a BJP Minister who is now worth Rs.5000 crores essentially from Loss Making companies but selling Liqour @ Rs.5 crores per day.
Nitin Gadkari acquired 250 acres of land in Bela village cheaply from farmers when 10-15 acres was required for Purti Sugar Mill.
http://en.wikipedia.org/wiki/Reliance_Power
In the attachment – Anil Ambani accused of Cheating & Frauds in Power sector formed a company with Rs.1 Lakh Equity – deployed Temporarily Rs.1000 crores and went for IPO for Rs.11,000 crores for 7% equity at Rs.450/- offer price that was over subscribed and roped in $27.5b.
Not just that he secured Long Term Interest Free loans of $8.5b for ‘Standard Equipment’ from China in single 36 Unit contract and also acquired few Coal Mines practically free.
‘A media report suggested that, if the company’s stock price were to cross Rs. 650-700, Anil Ambani would go past L. N. Mittal to become the richest Indian’
A scoundrel Bania becoming richest Indian overnight is not considered SCAM or Cheating. Instead of Rs.1000 share price Reliance Power was traded at Rs.103 yesterday.
CAG reported Mukesh Ambani was drilling in ONGC blocks acquired in 1999 and in Gujarat Deen Dyal Discoveries holding Oil & Gas worth $Trillions. (Copy Attached)
Robert Vadara vs Nitin Gadkari
Let There Be a CBI Enquiry into Robert Vadara and Nitin Gadkari Businesses simultaneously.
These Scoundrel Borrowed money from General Public worth Rs. Crores just to Defame Manmohan Singh and Sonia Gandhi and not a penny was used up to institute Criminal Cases against Ambani or Jindal – This party is not India Against Corruption but India for Bania Party.
When top Banias – Ambanis, Jindals etc are under investigations for Biggest Scams and Loot worth $Trillions in Oil & Gas blocks, Purchasing Substandard Power Projects from China, Coal Mining, Highways, Iron Ore, Telecom Scams – Kejriwal is diverting focus on Worlds top Scoundrels.
He has not found anything wrong in their conduct.
Kejriwal didn’t object when Fraudulently all Scoundrel Banias raised their equity from 3%-13% to between 50% to 93% by firstly converting Benami holdings in their name and secondly by repeated Stock Scams scared away investors and acquired their shares cheaply.
Here in the following U-Tube at 26minute Kejriwal urged Amity University Chairman to send 16000 students and promised to Chauhan in seven days India shall become Tehrir Square and UPA government shall colapse.
http://www.youtube.com/watch?v=gDc3ood28Bg
I have gone through the statements of both Kejriwal and Bhushan – both A grade Scoundrels who file BOGUS PIL to delay CBI investigation into SK Dubey ‘Charges of Mega Loot’ – 100% over price in Highway Tenders or getting the works done by local contractors at 50% discounts. Kejriwal cheated GOI to the tune of Rs.10 lac, Bhushans were paying Rs. 100 per moth rent for a bunglaw on 10,000 sq.meter plot in Allahabad that alone could be worth Rs.200 crores and acquired 66% of it for Rs.5,00,000/-.
(SKD Letter Copy Attached.)
He didn’t object when companies were formed with Rs.1 lakh equity – soon acquired say Rs.1000 crores from unrelated companies – went for IPO and captured Rs.12,000 crores from Investors at Rs.450 per share for 7% equity.
He didn’t object when Scoundrel Banias with Criminal Back ground were allowed 25 Oil & Gas blocks in 1999 onwards and in 2012 CAG report didn’t acquire a Deep Water Drill even by 2007.
He didn’t demand arrest of Ambani when found directly drawing power from MSEB 220KV high voltage power lines.
He didn’t object to ‘Re-routing international calls to BSNL networks as local calls.’
Every company post Half Pant rule of 13 days were allowed to increase Promoters Equity to over 50% as Small Investors were practically ejected from Listed Companies.
At first glance I find nothing ‘Unusual’ in some Company or Individual giving Short Term loan to sister companies or Third Party to let it acquire Some Property or Business.
Even Mahatama Gandhi’s trip to London was Financed by Bania Association when he had done poorly in Secondary School exams and his own family and relatives didn’t lend and approve his visit to London for Law Graduation.
Banias in Trade and Business Lending money every day at 40% to 120% interest is Considered an Offence but not by these Scoundrels duo Bhushan and Kejriwal.
Lending money at no interest to friends and relatives was NEVER an Offence.
Non Banias do it occasionally too to buy a Car or A Plot or Home.
Both these Bania Wadis didn’t object to ‘Dowry Practice,’ Bania Boys demand Rs. Crores to marry a Bania Girl and all their Offspring’s are Products of Corruption.
INFOSYS founder borrowed few thousands from his wife and relatives and Bill Gates $25,000 or Rs.3,00,000 in founding Microsoft.
Narendra Modi gave 1000 acres of Cow Research Institute land to Tatas almost free worth at least Rs.500 crores with Rs.10,000 crores – to boost his image before Elections – Neither Promised Jobs or Tax Revenue was generated by NANO plant.
Was it not Corruption?
Was it not Corruption when Santosh Hedge for Five Years let Iron Ore smuggling in Karnataka?
Was it not Corruption when Ambanis got licenses for Large Textile, Petrochem, Refineries, 2G, 3G, WLL, 4G, DTH, Internet – Broadband, CIDMA, GSM, Wifi, Retail, Films and numerous other companies?
‘Anil Ambani placed a single order for $8.3 billion with Shanghai Electric Co Ltd (SEC) for buying 36 coal-fired thermal power generation units, spare parts and related services over a 10-year period. This took the total deal size between Reliance Power and the Chinese power equipment maker over the past couple of years to $10 billion, making it the largest contract between a private Indian company and a government-owned Chinese firm.’
‘On January 15, 2008, the company attracted $27.5 billion of bids on the first day of its initial public offering (IPO), equivalent to 10.5 times the stock on offer, thereby, creating India's IPO record. The upper cut off price for the bid was Rs. 450. The proposed IPO was to fund the development of its six power projects across the country whose completion dates are scheduled from December 2009 to March 2014.’
Here in the Following RP cheated
Ravinder Singh
Progressindia008@yahoo.com
October06, 2012
Reliance Power IPO creates history
15 Jan 2008 Tuesday, 9.55 am:
The Anil Ambani-controlled Reliance Power opens for stock subscription in the Rs 405-Rs 450 range.
9.56 am: History is created — the stock is oversubscribed. By evening the Rs 11,600-crore issue is oversubscribed a staggering 10.55 times. And it’s still three days to go before subscriptions close.
Reliance Power is by far the largest initial public offering ever in India, dwarfing realty major DLF’s Rs.9,188-crore issue.
Reliance Power, when it lists on the stock exchange, is likely to substantially raise Anil’s personal wealth. If the stock lists above Rs 700, as it is widely expected to do, it would catapult Anil to the top of India’s rich league, well past elder brother Mukesh’s Rs 2.48 lakh crore net worth.
But there’s more to the share issue than that. Reliance Power is representative of a whole new league of mega public offerings in India. The DLF offering was considered a paradigm-changing one. Within seven months, Reliance Power makes it seem like a drop in the ocean. Waiting in the wings is Bharat Sanchar Nigam Ltd. The telecom major’s initial public offering of Rs 40,000 crore — for a mere 10 per cent of the company— is set to make Anil’s stock issue look like small change.
Meanwhile, State Bank of India is planning to issue shares worth Rs 16,700 crore to existing shareholders at a fixed price. This, too, will dwarf Reliance Power’s issue. No wonder then, Union Finance Minister P.Chidambaram couldn’t contain his elation. “It is a reflection of what the world community thinks about the future of India...,” he said about Reliance Power, the first time he has commented on a public issue.
Other mega issues expected soon are Reliance Infocomm, Oil India, UTI Mutual Fund, National Hydro Power Corporation and Rural Electric Corporation.
Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years, Kejriwal says
TNN Oct 5, 2012
NEW DELHI: India Against Corruption (IAC) members Prashant Bhushan and
Arvind Kejriwal on Friday accused Congress president Sonia Gandhi's son-in-law Robert Vadra of large-scale corruption in real estate dealings. In a highly speculated press conference, the IAC members alleged that real estate giant DLF had sold him prime land at throw-away prices and given him interest-free loans. They said, Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years, according to Times Now.
Robert Vadra, who comes from a brass and wood handicraft merchant's family, is married to Sonia Gandhi and Rajiv Gandhi's daughter Priyanka Gandhi.
Speculation was rife among political observers in the national capital about activist Arvind Kejriwal's announcement to 'expose' the corruption of a "powerful political leader" on Friday. Kejriwal had said on October 2 that his group would reveal sensational information against two political leaders on Saturday. However, the IAC changed its plans and held its press conference on Friday.
Throwing in a flurry of questions Prashant Bhushan said, "Why did DLF give Rs 65 crore loan to Vadra without any interest? He bought DLF properties with that money at discounted rates ... What benefit did Vadra provide to the Congress party for this? He bought property worth Rs 65 crore for Rs 5 crore ... How did DLF benefit? There are many questions ... There are four penthouses in one DLF property in Gurgaon. He brought these through a maze of five companies. We have details of 12 companies registered in the past few years — six registered in 2012 alone. A penthouse was sold in 2009 for Rs 89 lakh whose market value was Rs 25 crore then, and is now at least Rs 40 crore ..."
Arvind Kejriwal demanded the government to probe into the benefits Robert Vadra may have received in the corrupt property deals.
The second expose speculated to be against a Mumbai-based political figure is expected on October 10, according to the activists. Earlier this year Kejriwal-Bhushan duo had released documents against 15 Cabinet ministers including PM charging them of corruption. They had demanded that a special investigation team be set up to investigate the charges.
The government, however, chose to ignore the demand despite a partially successful hunger strike by Kejriwal, Manish Sisodia and Gopal Rai at Jantar Mantar in July. The activists hope that through a series of "revelations" they will be ale to strengthen the anti-graft image of their unnamed party.
Re: Open Letter to Shri Robert Vadra
The Robert Vadra mystery: Forget property, how did he acquire Priyanka?
Each time Robert Vadra steps into the spotlight, the average mango folks can’t help but wonder, “Really? She married him?” Of all the men at all the Delhi A-list parties, Priyanka Gandhi picked this guy?
“Vadra’s sweet-heart deal with DLF raises many questions but what makes no sense whatsoever is how a petty brass trader from Moradabad, who looks more like Priyanka’s chauffer than her significant other, could patao a Nehru-Gandhi scion and marry into India’s most powerful political family. We demand that Vadra come clean on this,” thunders a fake Arvind Kejriwal in an Unreal Times spoof of the unfolding drama.
The bigger mystery, as the humour mag cheekily points out, is not how Vadra got rich, but how he got hitched. As a friend wryly observes, “It’s like she married Ajay Devgn.” And that’s a bit unfair to Devgn.
“Businessman Robert Vadhera is unlikely to figure anywhere among the country’s 1,000 most eligible bachelors. Priyanka Gandhi‘s 28-year-old beau is short, fair, rather stocky and only moderately well-to-do,” begins a 1997 Outlook profile of Vadra the fiancé. The article went on to damn him with faint praise, describing him variously as “unremarkable man”; “an average student and not an outstanding sportsman”; and, most amusingly, as “a bit of a Puppy,” and not of the canine kind. According to Outlook, Robert’s own friends in Moradabad were in shock: “We haven’t stopped wondering what Priyanka could possibly see in the boy. There is nothing exceptional about him or the family.” Ouch!
In other words, he was all crass, no class, and unlike his predecessors, not even easy on the eye.
Now, the Gandhis have typically married down: Feroze was a no-name backbencher, Maneka a beauty pageant type, and Sonia will perennially remain “that Italian waitress” to her detractors. So a petty trader from Moradabad isn’t exactly unprecedented. What makes Robert exceptional is that he is astoundingly, indisputably dumb. While neither the Gandhis nor their spouses have been towering intellectuals, none of them have come remotely close to matching Vadra’s lack of intelligence.
The now infamous Facebook update — “Mango people in banana republic” — was not just crassly elitist but just plain stupid. It requires the complete absence of common sense. The presence of even one gray cell may have given our Robert some pause. Just maybe I shouldn’t sneer at ordinary people in the midst of an unfolding corruption scandal targeting my disproportionate wealth. Just maybe it spells political suicide for my illustrious in-laws. Just maybe the media is tracking my Facebook account since my last update made headline news.
Damaadji entertained no such eminently sensible doubts, not even when deleting his FB account in a huff: “Obviously, it seems I have people on my Facebook account who do not have a sense of humour. Everything I write becomes news and further debates on television?? I have decided to delete my account.”
Obviously, Robert isn’t very good at comprehending the obvious.
“Nothing I say is premeditated,” said Robert in a TOI interview earlier this year, or — as it turns out — remotely intelligent. Tooting his own horn, he declared, “I am very determined, be it business or my fitness. I’ve lost 20 kg in five years. And in this much time, if I’d wanted to, I could have become a big celebrity. It’s been a fight to stay normal.”
“I gave up my life for Priyanka, fighting every day to not be a celebrity,” he insists again toward the end of the interview — just in case we don’t quite grasp the full measure of his sacrifice. Poor Robert, condemned to fight a lifelong battle against fame, valiantly staving off even the slightest hint of imminent success for the sake of his wife.
A battle he has clearly lost. Despite his best efforts to remain an unknown loser, his many ventures have been vastly and inexplicably profitable. Crores of rupees have wilfully slithered onto their balance sheets and into his pockets without a single sound business reason. As Mint editor R Sukumar notes:
To call the story of the growth of Vadra’s business empire… rags to riches would be stretching things a bit simply because there were no rags at its beginning. If anything, The Hindu’s description makes the business model of Vadra’s companies sound like a perpetual motion machine, with assets swelling despite no increase in business activity.
Then again, Robert’s ability to acquire precious commodities has always relied on the miraculous, as Unreal Times points out: “Certainly, Vadra’s acquisition of Priyanka was disproportionate to all his known sources of talent and Vadra needs to give a full account of his courtship to the public.”
We will never solve the mystery behind the miracle that is Robert Vadra. But his saving virtue for the Gandhi family is clear: He makes his brother-in-law look like Albert Einstein.
Each time Robert Vadra steps into the spotlight, the average mango folks can’t help but wonder, “Really? She married him?” Of all the men at all the Delhi A-list parties, Priyanka Gandhi picked this guy?
“Vadra’s sweet-heart deal with DLF raises many questions but what makes no sense whatsoever is how a petty brass trader from Moradabad, who looks more like Priyanka’s chauffer than her significant other, could patao a Nehru-Gandhi scion and marry into India’s most powerful political family. We demand that Vadra come clean on this,” thunders a fake Arvind Kejriwal in an Unreal Times spoof of the unfolding drama.
The bigger mystery, as the humour mag cheekily points out, is not how Vadra got rich, but how he got hitched. As a friend wryly observes, “It’s like she married Ajay Devgn.” And that’s a bit unfair to Devgn.
“Businessman Robert Vadhera is unlikely to figure anywhere among the country’s 1,000 most eligible bachelors. Priyanka Gandhi‘s 28-year-old beau is short, fair, rather stocky and only moderately well-to-do,” begins a 1997 Outlook profile of Vadra the fiancé. The article went on to damn him with faint praise, describing him variously as “unremarkable man”; “an average student and not an outstanding sportsman”; and, most amusingly, as “a bit of a Puppy,” and not of the canine kind. According to Outlook, Robert’s own friends in Moradabad were in shock: “We haven’t stopped wondering what Priyanka could possibly see in the boy. There is nothing exceptional about him or the family.” Ouch!
In other words, he was all crass, no class, and unlike his predecessors, not even easy on the eye.
Now, the Gandhis have typically married down: Feroze was a no-name backbencher, Maneka a beauty pageant type, and Sonia will perennially remain “that Italian waitress” to her detractors. So a petty trader from Moradabad isn’t exactly unprecedented. What makes Robert exceptional is that he is astoundingly, indisputably dumb. While neither the Gandhis nor their spouses have been towering intellectuals, none of them have come remotely close to matching Vadra’s lack of intelligence.
The now infamous Facebook update — “Mango people in banana republic” — was not just crassly elitist but just plain stupid. It requires the complete absence of common sense. The presence of even one gray cell may have given our Robert some pause. Just maybe I shouldn’t sneer at ordinary people in the midst of an unfolding corruption scandal targeting my disproportionate wealth. Just maybe it spells political suicide for my illustrious in-laws. Just maybe the media is tracking my Facebook account since my last update made headline news.
Damaadji entertained no such eminently sensible doubts, not even when deleting his FB account in a huff: “Obviously, it seems I have people on my Facebook account who do not have a sense of humour. Everything I write becomes news and further debates on television?? I have decided to delete my account.”
Obviously, Robert isn’t very good at comprehending the obvious.
“Nothing I say is premeditated,” said Robert in a TOI interview earlier this year, or — as it turns out — remotely intelligent. Tooting his own horn, he declared, “I am very determined, be it business or my fitness. I’ve lost 20 kg in five years. And in this much time, if I’d wanted to, I could have become a big celebrity. It’s been a fight to stay normal.”
“I gave up my life for Priyanka, fighting every day to not be a celebrity,” he insists again toward the end of the interview — just in case we don’t quite grasp the full measure of his sacrifice. Poor Robert, condemned to fight a lifelong battle against fame, valiantly staving off even the slightest hint of imminent success for the sake of his wife.
A battle he has clearly lost. Despite his best efforts to remain an unknown loser, his many ventures have been vastly and inexplicably profitable. Crores of rupees have wilfully slithered onto their balance sheets and into his pockets without a single sound business reason. As Mint editor R Sukumar notes:
To call the story of the growth of Vadra’s business empire… rags to riches would be stretching things a bit simply because there were no rags at its beginning. If anything, The Hindu’s description makes the business model of Vadra’s companies sound like a perpetual motion machine, with assets swelling despite no increase in business activity.
Then again, Robert’s ability to acquire precious commodities has always relied on the miraculous, as Unreal Times points out: “Certainly, Vadra’s acquisition of Priyanka was disproportionate to all his known sources of talent and Vadra needs to give a full account of his courtship to the public.”
We will never solve the mystery behind the miracle that is Robert Vadra. But his saving virtue for the Gandhi family is clear: He makes his brother-in-law look like Albert Einstein.