JournaBulletin - National - Week 12

NATION THIS WEEK 

Top national news from this week at a glimpse.

First time MLA stepped in as the new CM of Gujarat prior to 2022 general elections 

First time MLA stepped in as the new CM of Gujarat prior to 2022 general elections [Photo: Twitter]

Bhupendra Patel, the first time MLA from Gujarat was appointed as the new Chief Minister of the western state after it’s former CM, Vijay Rupani resigned a few days prior. The name of the Ghatlodia constituency MLA was proposed by Rupani himself during resignation and was unanimously accepted by the core committee of the party. Patel, a trustee of the Patidar Community of Gujrat, can influence the upcoming assembly polls next year. 

Sonu Sood faces allegations of tax evasion, property raided 

Sonu Sood faces allegations of tax evasion, property raided [Photo: Twitter]

The Central Board of Direct Taxes (CBDT) raided Sonu Sood’s properties with the allegations of tax evasion on September 16th. In total 28 of Sonu Sood’s properties were evaded including his foundation, associates and real – estate group. CBDT informed that they found evidence showing professional receipts showcased as loans in accounts in order to evade taxes. There might have been a tax evasion of over 20 crores. 

Tata sons to appoint CEO for the first time since inception of the company 

Tata sons to appoint CEO for the first time since inception of the company [Photo: Twitter]

After a history of 153 years, Tata Sons are going to appoint a Chief Executive Officer to further manage the business giant in the upcoming years. The decision came shortly after SEBI suggested the top 500 companies of the country to appoint a CEO. With Ratan Tata’s stamp of approval, it was decided while the CEO managed the company, the Chairman will watch over him on behalf of the shareholders. 

Virat Kohli quits as India’s Captain for T20 Cricket 

🇮🇳 ❤️ pic.twitter.com/Ds7okjhj9J

— Virat Kohli (@imVkohli) September 16, 2021

On Thursday, Virat Kohli took to the social media to share a letter signed by him, officially announcing his stepping down as the Captain of the Indian Cricket Team from T20 cricket. It was reported by BCCI that the decision was Kohli’s to give himself time and focus on his batting. In the letter, Kohli thanked his fans and his supporters and promised to serve the team with the same zeal as a batsman as he did during his captaincy. 

Sensex tops 59k to become the sixth largest market in the world 

Sensex tops 59k to become the sixth largest market in the world

Bombay Stock Exchange crossed the 59000 milestone for the first time, closing at 59141 with a one day rise of 418 points. India currently holds the sixth largest market capitalisation after beating France in the rally this Friday. India’s market cap is somewhere close to $ 3.5 trillion while France was $ 3.4 trillion.

Author:

Archan Kundu