#Aaditya Thackeray
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Maha CM Shinde cried and said he will be jailed if he didn't hop over to BJP: Aaditya Thackeray
Shiv Sena MLA Santosh Bangar rejected Aaditya Thackeray's claims and said the fundamental reason behind the "revolt" against Thackerays was the alliance they had with the NCP and the Congress.

MUMBAI: Shiv Sena (UBT) leader Aaditya Thackeray has claimed Maharashtra Chief Minister Eknath Shinde had come to his residence and cried that he will be arrested by a central agency if he did not switch over to the Bharatiya Janata Party (BJP), before revolting against the Sena leadership.
However, MLA Santosh Bangar from the Shinde-led Shiv Sena denied Thackeray’s claim and said there was no threat by the BJP.
The reason behind the “revolt” was Thackeray’s alliance with the Nationalist Congress Party (NCP) and the Congress, Bangar said.
Union minister Ramdas Athawale also said the allegations against Shinde were false and the latter was a strong man and he would never cry.
Speaking during an interaction at a university in Visakhapatnam on Wednesday, Aaditya Thackeray, the son of former Maharashtra CM Uddhav Thackeray, alleged that 40 MLAs rebelled against the Sena leadership for their own seats and “money”.
“The current chief minister (Shinde) came to our house and cried because he was going to be arrested by a central agency, and he said ‘I will have to hop over to the BJP otherwise they will arrest me’,” he claimed.
“It was his good luck that they (the BJP) wanted to show this guy is the true Sena and we (BJP) will make him the CM,” the former minister said.
Defending his party’s alliance with the Congress, Aaditya Thackeray said he has learnt a little more about his grandfather than the “BJP’s WhatsApp university” is teaching.
“My grandfather (Bal Thackeray) had tie-ups with the Congress before. He had better relations with the Gandhi family earlier also. He had openly supported Pranab Mukherjee and Pratibha Patil (both former Presidents) openly when the BJP was putting up another candidate (during presidential elections),” he said.
On the other hand, the BJP formed an alliance with the People’s Democratic Party (PDP) which “supported terrorists”, Aaditya Thackeray said.
Shiv Sena (UBT) leader Sanjay Raut said Aaditya Thackeray’s claims were true.
The Rajya Sabha member said Shinde had even come to his residence in Bhandup area of Mumbai and made similar pleas and that he did not want to go to jail.
Raut said he told Shinde not to get scared and that they should stand up against injustice.
There were many Sena MLAs (among those who revolted) against whom probes were on by central agencies, he said.
“A similar thing is happening against the NCP,” Raut claimed.
However, Shiv Sena MLA Santosh Bangar rejected Aaditya Thackeray’s claims and said the fundamental reason behind the “revolt” against Thackerays was the alliance they had with the NCP and the Congress.
“All MLAs backed Eknath Shinde in this revolt. There was no threat (of central agencies) from the BJP,” Bangar said.
Meanwhile, when reporters asked Union minister and Republican Party of India (A) chief Ramdas Athawale in Pune about Aaditya Thackeray’s claims, he said, “Eknath Shinde is a strong man, he will never cry. The allegations made against Shinde are false.”
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More trouble for Rhea Chakraborty & Sooraj Pancholi; FIR filed in Sushant Singh Rajput’s manager Disha Salian’s death
In a new twist, an FIR implicates Rhea Chakraborty and Sooraj Pancholi in Disha Salian’s mysterious death. Aaditya Thackeray also named. Mumbai Police to probe further.
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A mob violently ransacked a Mumbai comedy club and its building has been partly demolished after one of India’s most prominent comedians performed a satirical song about a local ruling politician during a performance there.
Kunal Kamra has a reputation for his acerbic comedy which often pokes fun at political figures. Few comedians in India dare to make political jokes for risk of a backlash.
Kamra’s standup routine, performed in Mumbai’s well-known Habitat comedy club on Friday night, included a parody song about Eknath Shinde, the second most powerful figure in the Maharashtra state government.
An online video of the routine prompted criticism from the leaders of Shinde’s Shiv Sena party. On Sunday night about 20 Shiv Sena supporters descended on Habitat and began to smash it apart, throwing chairs, tearing down posters and breaking light fittings.
The police have arrested more than 10 people for the incident, including the leader of Shiv Sena’s youth faction, Rahul Kanal.
The Shiv Sena-led government sought to blame Kamra for the violence. Maharastra’s chief minister, Devendra Fadnavis, claimed in the state assembly on Monday that people were free to perform standup comedy but added that “freedom of expression has its own limitations. You cannot insult anyone”.
The state home minister, Yogesh Kadam, said the police were trying to trace Kamra and that the government would investigate his phone records and look into his bank account transactions to prove whether there was a “mastermind” or political conspiracy behind his jokes.Shiv Sena also filed police cases against Kamra for defamation and public mischief.
In a statement on Monday night, Kamra said he would not apologise, emphasising that “as far as I know, it is not against the law to poke fun at our leaders and the circus that is our political system.”
He added: “I don’t fear this mob and I will not be hiding under my bed, waiting for this to die down.”
Ministers also claimed that the Habitat comedy club was “illegal”. A demolition team from the local municipal council arrived at the venue on Monday and began demolishing part of the building on the grounds that part of it had been illegally constructed.
In a statement on Monday, the venue said it was “shocked, worried and extremely broken by the recent acts of vandalism targeting us. We have never been involved in the content performed by any artist”.
The venue said it was shutting down until “we figure out the best way to provide a platform for free expression without putting ourselves and our property in jeopardy”.
Comedians and comedy venues have increasingly been caught in the crosshairs of India’s shrinking space for freedom of expression since the rise of the Hindu nationalist Bharatiya Janata party, which has ruled for more than a decade. In Maharastra, Shiv Sena rules the state government in coalition with the BJP.
In 2021, a Muslim comedian was detained by police for weeks for alleged “vulgar” jokes insulting Hindu gods despite never having performed at the show. In the same year, the comedian Vir Das faced a backlash and police reports after a comedy monologue that dealt with politically sensitive issues.
Opposition politicians in Maharashtra condemned the violence and retaliation against Kamra. Shinde’s former political ally, Aaditya Thackeray, said “only an insecure coward” would react in such a way to a comedy song.
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Amid protests & drama, MU senate passes 968cr budget | Mumbai News
Mumbai: Amid high-pitched drama by senate members affiliated to Aaditya Thackeray-led Yuva Sena and Bombay University and College Teachers’ Union (BUCTU), Mumbai University’s administration passed the annual budget for 2025-26 with an outlay of Rs 968.2 crore, an increase of 9.5% from the previous year, in the bi-annual senate meeting held on Saturday. The senate members staged a symbolic…
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Disha Salian case: ‘I will respond in court’ says Aaditya Thackeray as BJP raises matter in Maharashtra Assembly
Disha Salian, the former manager of later actor Sushant Singh Rajput, has recurred in the news after her father Satish Salian, moved the Bombay High Court seeking a probe into the death of his daughter. He also requested a FIR against Shiv Sena (UBT) leader Aaditya Thackeray. The Shiv Sena (UBT) leader has also reacted to the fresh allegations and said ‘I will respond in court’. The matter…
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[ad_1] Mumbai- Amidst arson and vandalism in Nagpur over demands to remove Mughal emperor Aurangzeb’s grave from the state, former Chief Minister Uddhav Thackeray on Tuesday questioned the need for a confrontation over an issue involving a ruler who died over 300 years ago. “If you want, you can remove his grave, but call C Naidu and Nitish Kumar,” Thackeray remarked, alluding to Andhra Pradesh Chief Minister Chandrababu Naidu and Bihar Chief Minister Nitish Kumar, both key BJP allies. His comment was seen as a reference to the Muslim population in their states, who are considered significant voters for the TDP and JD(U), particularly with elections approaching in Bihar next year. Thackeray further pointed out that while Aurangzeb was born in Gujarat in 1618 and died near Maharashtra’s Bhingar in 1707, the BJP was using this controversy to divert attention from more pressing state issues. He said, “The irony is the grave is protected by the central government,” referring to the historical monument under the Archaeological Survey of India’s protection. Echoing his father’s criticism, Aaditya Thackeray, the son of Uddhav, accused the BJP of orchestrating this controversy to shift focus from the state government’s shortcomings. He also warned that the BJP was attempting to “turn Maharashtra into another Manipur” by fostering violence and riots. The issue took a violent turn on Monday, when hardline group Vishwa Hindu Parishad (VHP) reportedly burned a symbolic representation of Aurangzeb’s grave, sparking clashes between Muslims and VHP supporters. Around 250 Muslims gathered at the protest site, and vehicles were set on fire. The violence resulted in nearly 40 injuries, including both police officers and civilians. In response, Maharashtra’s junior Home Minister, Yogesh Kadam, confirmed that 47 people had been detained, while the police had used force to control the situation. The incident ignited a political battle between the opposition Maha Vikas Aghadi (MVA) and the BJP-Shiv Sena faction. Chief Minister Devendra Fadnavis claimed it was part of a “premeditated conspiracy” to target specific communities, while Deputy Chief Minister Eknath Shinde blamed the controversy on the recently released Hindi film Chhava, which depicts the Maratha battle with Aurangzeb. Uddhav Thackeray countered these allegations, sarcastically pointing out that the clashes occurred in Nagpur, home to the RSS headquarters, which is closely aligned with the BJP. “I am not the Chief Minister… nor am I the Home Minister. Ask the Chief Minister who is behind this violence. Because the RSS headquarters is there,” he told reporters. The Congress also chimed in, with Legislature Party leader Vijay Wadettiwar accusing the ruling establishment of intentionally inciting conflict and spreading hatred. As of this morning, Nagpur has calmed down, though a curfew and prohibitory orders remain in effect in several areas, police officials reported. The post ‘300 Years Later, Why This Face-Off? Thackeray Slams Aurangzeb Grave Row appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link
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[ad_1] Mumbai- Amidst arson and vandalism in Nagpur over demands to remove Mughal emperor Aurangzeb’s grave from the state, former Chief Minister Uddhav Thackeray on Tuesday questioned the need for a confrontation over an issue involving a ruler who died over 300 years ago. “If you want, you can remove his grave, but call C Naidu and Nitish Kumar,” Thackeray remarked, alluding to Andhra Pradesh Chief Minister Chandrababu Naidu and Bihar Chief Minister Nitish Kumar, both key BJP allies. His comment was seen as a reference to the Muslim population in their states, who are considered significant voters for the TDP and JD(U), particularly with elections approaching in Bihar next year. Thackeray further pointed out that while Aurangzeb was born in Gujarat in 1618 and died near Maharashtra’s Bhingar in 1707, the BJP was using this controversy to divert attention from more pressing state issues. He said, “The irony is the grave is protected by the central government,” referring to the historical monument under the Archaeological Survey of India’s protection. Echoing his father’s criticism, Aaditya Thackeray, the son of Uddhav, accused the BJP of orchestrating this controversy to shift focus from the state government’s shortcomings. He also warned that the BJP was attempting to “turn Maharashtra into another Manipur” by fostering violence and riots. The issue took a violent turn on Monday, when hardline group Vishwa Hindu Parishad (VHP) reportedly burned a symbolic representation of Aurangzeb’s grave, sparking clashes between Muslims and VHP supporters. Around 250 Muslims gathered at the protest site, and vehicles were set on fire. The violence resulted in nearly 40 injuries, including both police officers and civilians. In response, Maharashtra’s junior Home Minister, Yogesh Kadam, confirmed that 47 people had been detained, while the police had used force to control the situation. The incident ignited a political battle between the opposition Maha Vikas Aghadi (MVA) and the BJP-Shiv Sena faction. Chief Minister Devendra Fadnavis claimed it was part of a “premeditated conspiracy” to target specific communities, while Deputy Chief Minister Eknath Shinde blamed the controversy on the recently released Hindi film Chhava, which depicts the Maratha battle with Aurangzeb. Uddhav Thackeray countered these allegations, sarcastically pointing out that the clashes occurred in Nagpur, home to the RSS headquarters, which is closely aligned with the BJP. “I am not the Chief Minister… nor am I the Home Minister. Ask the Chief Minister who is behind this violence. Because the RSS headquarters is there,” he told reporters. The Congress also chimed in, with Legislature Party leader Vijay Wadettiwar accusing the ruling establishment of intentionally inciting conflict and spreading hatred. As of this morning, Nagpur has calmed down, though a curfew and prohibitory orders remain in effect in several areas, police officials reported. The post ‘300 Years Later, Why This Face-Off? Thackeray Slams Aurangzeb Grave Row appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link
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Thackeray critica al gobierno de Maharashtra por presunto favoritismo hacia el grupo Adani
El líder de Shiv Sena (UBT), Aaditya Thackeray, acusó al gobierno de Maharashtra de favoritismo deliberado hacia el grupo Adani en la reurbanización del Dharavi de Mumbai, potencialmente socavando la economía de la ciudad. Hablando en un evento de partido, Thackeray destacó la reubicación de los principales proyectos a Gujarat y Delhi, alegando un esfuerzo sistemático para debilitar el estado…
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Uddhav Thackeray meets CM Devendra Fadnavis in Nagpur; Aaditya says ‘this is a step forward’
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Maharashtra Unfiltered: Raw Politics, Daily Delivered – 19 November 2024
Maharashtra’s politics are full of excitement right now as the state gets ready for the 2024 Assembly elections, which are set for November 20. This election is very important, and there will be a tough race between the Bharatiya Janata Party (BJP), the Congress, and their partners, the Shiv Sena groups and the Nationalist Congress Party (NCP). This election is a big deal in Maharashtra’s political history[2, 3] because over 4,140 candidates are running in 288 districts.
Important Politicians and Parties
There are important people on both sides of the election:
The BJP is led by Chief Minister Eknath Shinde, who has made his group in the Shiv Sena a key partner. Shinde’s government has put a lot of effort into building up facilities and progress[4].
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Congress: Rahul Gandhi and Priyanka Gandhi Vadra are in charge of this party, which wants to regain ground in Maharashtra.
Uddhav Thackeray’s Shiv Sena (UBT): Thackeray is running on a platform of social justice and regional pride. He wants to get his party’s power back after it broke up with Shinde.
Ajit Pawar’s NCP faction: Ajit Pawar, who is now deputy chief minister, is also a major candidate. He leads a group that has traditionally had a lot of power in Maharashtra politics[3].
Important Changes
As of today, November 19, 2024, politics are very heated, with people running for office at the last minute and making last-minute plans. The opposition coalition, called the Maha Vikas Aghadi (MVA), is trying to take power away from the Mahayuti alliance, which is run by the BJP. Both groups have gotten national leaders to help their campaigns, so the stakes are high. Prime Minister Narendra Modi and Union Home Minister Amit Shah have been working hard to get people all over the state to back the cause[5].
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Important Groups to Keep an Eye on
Several groups are being closely watched as possible predictors of the overall election outcome:
1. Worli: A big election with Aaditya Thackeray (Shiv Sena-UBT) running against Milind Deora (Shinde group) and Sandeep Deshpande (MNS).
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Baramati is a traditional base for the Pawar family. In this fight, Ajit Pawar is up against Yugendra Pawar, who is backed by Sharad Pawar.
3. Kopri-Pachpakhadi is Chief Minister Eknath Shinde’s district, where he is running against Kedar Dighe. This election has personal stakes for both of them [3, 4].
How Elections Work
The upcoming elections aren’t just about parties; they also show problems in society as a whole. There are now over 96 million registered voters, including almost 2 million people who are voting for the first time. This change in the population could affect how people vote, especially younger voters who are becoming more worried about things like unemployment and the economy[2].
Also, claims of election fraud have come to light, including claims that cash was given to voters to change how they voted. Law enforcement agencies across Maharashtra have seized large amounts of cash and illegal gifts, which raises worries about the fairness of the election process[5].
What this means for Maharashtra
The results of these elections will have long-lasting effects on how Maharashtra is run and what policies are made. A win for the coalition led by the BJP could strengthen its grip on power and allow it to keep working on its growth plans. If, on the other hand, the MVA is able to take back control, it could mean a move toward more progressive policies that focus on social justice and regional growth.
All eyes will be on Maharashtra tomorrow, November 20, as people get ready to go to the polls for what looks like it will be one of the most important elections in recent memory. The findings will be made public on November 23. They will not only decide how local governments will work in the future, but they will also set the stage for national political alignments before the next general elections[2, 3].
Citations:
[1] https://economictimes.indiatimes.com/topic/maharashtra-political-crisis
[2] https://www.financialexpress.com/india-news/maharashtra-elections-2024-live-updates-mahayuti-mva-maharashtra-government-formation-election-rally-campaign-speech-roadshow-bjp-congress-shiv-sena-ncp/3667888/
[3] https://www.businesstoday.in/india/story/maharashtra-assembly-elections-2024-bjp-congress-uddhav-thackerays-shiv-sena-and-eknath-shindes-shinde-sena-clash-for-288-seats-spotlight-on-9-key-constituencies-454256-2024-11-19
[4] https://timesofindia.indiatimes.com/topic/maharashtra-politics/news
[5] https://www.businesstoday.in/india/story/maharashtra-assembly-election-2024-check-polling-date-time-exit-polls-result-counting-details-454259-2024-11-19
[6] https://www.thehindubusinessline.com/news/cash-chaos-ahead-of-maharashtra-elections-crores-in-a-car-water-stream-and-allegations-fly/article68782098.ece
[7] https://www.thehindu.com/opinion/editorial/crowd-of-confusion-on-the-maharashtra-political-scene-polls/article68846189.ece
[8] https://www.hindustantimes.com/india-news/maharashtra-assembly-election-5-maha-battles-among-288-seats-to-watch-out-for-key-constituencies-and-candidates-101731989475836.html
https://maharashtraelection.in/maharashtra-unfiltered-raw-politics-daily-delivered-19-november-2024/
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Milind Deora Challenges Aaditya Thackeray
Mumbai: Shiv Sena leader Milind Deora – the Eknath Shinde faction’s pick to try and win back the Worli Assembly seat from Uddhav Thackeray’s Sena bloc – played down any talk of a ‘personal’ contest with Aaditya Thackeray, the former Chief Minister’s son, who claimed an imperious win in the 2019 election. He did, however, criticise Aaditya Thackeray and his party’s failure to develop Worli,…

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Fresh FIR in Disha Salian case names Aaditya Thackeray, Rhea Chakraborty, Dino Morea
Mumbai: An FIR has been filed against Shiv Sena(UBT) leader Aaditya Thackeray, Rhea Chakraborty, Dino Morea, Suraj Pancholi and others in Disha Salian’s death case, her father’s advocate said Tuesday. Satish Salian’s advocate Nilesh Ojha filed a fresh FIR in her death case. Ojha said that a written complaint has been filed with the police commissioner. In the FIR, the names of Aaditya Thackeray,…
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Indian-Canadian businessman Ram Tumuluri fails to raise funds for India buses deal
The Mumbai authority fears that Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
A UK and European electrical vehicles partnership company is struggling to raise funds of around $8 billion to implement an Rs. 2,800-crore electric buses deal with the Mumbai authorities, Indian govt sources told a US publication.
The American Daily Post reported that Indian-Canadian businessman Sri Ram Tumuluri’s England & Wales registered Causis Group Ltd won in October 2021 a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric vehicles but nearly two years later the company is struggling to raise funds and the whole deal is under threat, according to Indian sources familiar with the backdoor discussions around the deal.
UK-based Causis is wholly owned by Tumuluri. Its operating entity is India-registered Causis E-Mobility Pvt Ltd. While on paper it is owned by its directors Marudur Subramanyam Chandrasekar and Ravi Kumar Panga, Causis E-Mobility is in reality controlled by Tumuluri, said the Post.
An Indian government source told The American Daily website: “Causis is using the Memorandum of Understanding (MoU) with Maharashtra Government as a security but banks are demanding sovereign guarantee from the state government, which has not been approved by the government. Causis is struggling to arrange debt and their efforts are ongoing but it is evident Causis has so far failed to find any credible lenders. On paper, there are lots of promises but there is zero delivery so far.”
A source at Causis E-Mobility Pvt Ltd said that Ram Tumuluri has personally invested in his new Electrical Vehicles (EV) venture Causis and is looking for funding but so far his efforts have not succeeded.
The Mumbai authority fears that Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
Ram Tumuluri lives often in UK’s Sunningdale area in Ascot in a six-bedroom detached house purchased by his wife Sonya Sarah Tumuluri on 25 February 2021 for £2,550,000 with a mortgage with West One Loan Limited, said the paper.
In 2021, Tumuluri entered the electric vehicle (“EV”) sector in the UK, India, and Germany using the brand Causis. Tumuluri is heavily involved in its fund-raising activities and is looking to raise $6-8 billion in India through Causis E-Mobility which was incorporated on 04 June 2021 in New Delhi, India, under company number U34102DL2021PTC381936. Its statutory Directors and Shareholders are Marudur Subramanyam Chandrasekar and Ravi Kumar Panga.
Causis executives told Indian news outlet The Economic Times that through its impact investment fund, the company is looking for an investment of $ 6-8 billion in India with 30% of it coming from equity funding and the rest through debt financing locally. They also said the company has already invested around Rs 300 crore in India towards the acquisition of a bus body manufacturer in Jaipur and a 75-acre plot near Pune for its second plant.
Causis is using the MoU with Maharashtra Government as a security, but banks are demanding sovereign guarantees from the state government, which has not been approved by the government. This is the biggest obstacle Causis is facing, according to government insiders, the American Daily Post reported.
According to an article by Indian news outlet The Indian Express, Causis won a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric buses. In October 2021, the Maharashtra state government, in the presence of environment minister Aaditya Thackeray and industry minister Subhash Desai, signed the contract for Rs 2,800 crore ($370,000).
Aaditya’s father is Maharashtra Chief Minister Uddhav Thackeray, who is also the Chief of Shiv Sena, a regional political party. Subhash Desai is described as “the Thackeray family loyalist” by the Indian press.
Maltese news outlet The Shift News reported Tumuluri’s Electrical Vehicles venture in an article titled “Ram Tumuluri suspected of replicating ‘fraudulent’ Malta VGH model in Mumbai” – a reference to a big health scare scandal in Malta.
Indian authorities have said they have asked Causis to update with the progress but received no response in three months. The deal stands to be annulled if the funding proofs are not provided to the Indian authorities soon, the Post said.
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Indian-Canadian businessman Ram Tumuluri fails to raise funds for India buses deal
The Mumbai authority fears that Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
A UK and European electrical vehicles partnership company is struggling to raise funds of around $8 billion to implement an Rs. 2,800-crore electric buses deal with the Mumbai authorities, Indian govt sources told a US publication.
The American Daily Post reported that Indian-Canadian businessman Sri Ram Tumuluri’s England & Wales registered Causis Group Ltd won in October 2021 a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric vehicles but nearly two years later the company is struggling to raise funds and the whole deal is under threat, according to Indian sources familiar with the backdoor discussions around the deal.
UK-based Causis is wholly owned by Tumuluri. Its operating entity is India-registered Causis E-Mobility Pvt Ltd. While on paper it is owned by its directors Marudur Subramanyam Chandrasekar and Ravi Kumar Panga, Causis E-Mobility is in reality controlled by Tumuluri, said the Post.
An Indian government source told The American Daily website: “Causis is using the Memorandum of Understanding (MoU) with Maharashtra Government as a security but banks are demanding sovereign guarantee from the state government, which has not been approved by the government. Causis is struggling to arrange debt and their efforts are ongoing but it is evident Causis has so far failed to find any credible lenders. On paper, there are lots of promises but there is zero delivery so far.”
A source at Causis E-Mobility Pvt Ltd said that Ram Tumuluri has personally invested in his new Electrical Vehicles (EV) venture Causis and is looking for funding but so far his efforts have not succeeded.
The Mumbai authority fears that Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
Ram Tumuluri lives often in UK’s Sunningdale area in Ascot in a six-bedroom detached house purchased by his wife Sonya Sarah Tumuluri on 25 February 2021 for £2,550,000 with a mortgage with West One Loan Limited, said the paper.
In 2021, Tumuluri entered the electric vehicle (“EV”) sector in the UK, India, and Germany using the brand Causis. Tumuluri is heavily involved in its fund-raising activities and is looking to raise $6-8 billion in India through Causis E-Mobility which was incorporated on 04 June 2021 in New Delhi, India, under company number U34102DL2021PTC381936. Its statutory Directors and Shareholders are Marudur Subramanyam Chandrasekar and Ravi Kumar Panga.
Causis executives told Indian news outlet The Economic Times that through its impact investment fund, the company is looking for an investment of $ 6-8 billion in India with 30% of it coming from equity funding and the rest through debt financing locally. They also said the company has already invested around Rs 300 crore in India towards the acquisition of a bus body manufacturer in Jaipur and a 75-acre plot near Pune for its second plant.
Causis is using the MoU with Maharashtra Government as a security, but banks are demanding sovereign guarantees from the state government, which has not been approved by the government. This is the biggest obstacle Causis is facing, according to government insiders, the American Daily Post reported.
According to an article by Indian news outlet The Indian Express, Causis won a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric buses. In October 2021, the Maharashtra state government, in the presence of environment minister Aaditya Thackeray and industry minister Subhash Desai, signed the contract for Rs 2,800 crore ($370,000).
Aaditya’s father is Maharashtra Chief Minister Uddhav Thackeray, who is also the Chief of Shiv Sena, a regional political party. Subhash Desai is described as “the Thackeray family loyalist” by the Indian press.
Maltese news outlet The Shift News reported Tumuluri’s Electrical Vehicles venture in an article titled “Ram Tumuluri suspected of replicating ‘fraudulent’ Malta VGH model in Mumbai” – a reference to a big health scare scandal in Malta.
Indian authorities have said they have asked Causis to update with the progress but received no response in three months. The deal stands to be annulled if the funding proofs are not provided to the Indian authorities soon, the Post said.
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Indian-Canadian businessman Ram Tumuluri fails to raise funds for India buses deal
The Mumbai authority fears that Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles
A UK and European electrical vehicles partnership company is struggling to raise funds of around $8 billion to implement an Rs. 2,800-crore electric buses deal with the Mumbai authorities, Indian govt sources told a US publication.
The American Daily Post reported that Indian-Canadian businessman Sri Ram Tumuluri’s England & Wales registered Causis Group Ltd won in October 2021 a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric vehicles but nearly two years later the company is struggling to raise funds and the whole deal is under threat, according to Indian sources familiar with the backdoor discussions around the deal.
UK-based Causis is wholly owned by Tumuluri. Its operating entity is India-registered Causis E-Mobility Pvt Ltd. While on paper it is owned by its directors Marudur Subramanyam Chandrasekar and Ravi Kumar Panga, Causis E-Mobility is in reality controlled by Tumuluri, said the Post.
An Indian government source told The American Daily website: “Causis is using the Memorandum of Understanding (MoU) with Maharashtra Government as a security but banks are demanding sovereign guarantee from the state government, which has not been approved by the government. Causis is struggling to arrange debt and their efforts are ongoing but it is evident Causis has so far failed to find any credible lenders. On paper, there are lots of promises but there is zero delivery so far.”
A source at Causis E-Mobility Pvt Ltd said that Ram Tumuluri has personally invested in his new Electrical Vehicles (EV) venture Causis and is looking for funding but so far his efforts have not succeeded.
The Mumbai authority fears that Ram Tumuluri may defraud his investors and business partners as Causis does not have a manufacturing or technical capabilities and his German partner, an alleged KGB / FSB agent has no track record in electrical vehicles.
Ram Tumuluri lives often in UK’s Sunningdale area in Ascot in a six-bedroom detached house purchased by his wife Sonya Sarah Tumuluri on 25 February 2021 for £2,550,000 with a mortgage with West One Loan Limited, said the paper.
In 2021, Tumuluri entered the electric vehicle (“EV”) sector in the UK, India, and Germany using the brand Causis. Tumuluri is heavily involved in its fund-raising activities and is looking to raise $6-8 billion in India through Causis E-Mobility which was incorporated on 04 June 2021 in New Delhi, India, under company number U34102DL2021PTC381936. Its statutory Directors and Shareholders are Marudur Subramanyam Chandrasekar and Ravi Kumar Panga.
Causis executives told Indian news outlet The Economic Times that through its impact investment fund, the company is looking for an investment of $ 6-8 billion in India with 30% of it coming from equity funding and the rest through debt financing locally. They also said the company has already invested around Rs 300 crore in India towards the acquisition of a bus body manufacturer in Jaipur and a 75-acre plot near Pune for its second plant.
Causis is using the MoU with Maharashtra Government as a security, but banks are demanding sovereign guarantees from the state government, which has not been approved by the government. This is the biggest obstacle Causis is facing, according to government insiders, the American Daily Post reported.
According to an article by Indian news outlet The Indian Express, Causis won a tender for supplying The Brihanmumbai Electric Supply and Transport (BEST) with 1,400 electric buses. In October 2021, the Maharashtra state government, in the presence of environment minister Aaditya Thackeray and industry minister Subhash Desai, signed the contract for Rs 2,800 crore ($370,000).
Aaditya’s father is Maharashtra Chief Minister Uddhav Thackeray, who is also the Chief of Shiv Sena, a regional political party. Subhash Desai is described as “the Thackeray family loyalist” by the Indian press.
Maltese news outlet The Shift News reported Tumuluri’s Electrical Vehicles venture in an article titled “Ram Tumuluri suspected of replicating ‘fraudulent’ Malta VGH model in Mumbai” – a reference to a big health scare scandal in Malta.
Indian authorities have said they have asked Causis to update with the progress but received no response in three months. The deal stands to be annulled if the funding proofs are not provided to the Indian authorities soon, the Post said.
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