Business
Not surprised by UK’s stand on Mallya’s deportation: FM Arun Jaitley
India will now have to initiate extradition process after a charge sheet is filed to bring back embattled tycoon Vijay Mallya to face money laundering charges as well as recovery of the Rs 9,400 crore of loans to his defunct Kingfisher Airlines, Finance Minister Arun Jaitley said today.
He told Rajya Sabha that as per the information available with him, the United Kingdom has said deportation is not possible when a person enters Britain with a valid passport and the passport is cancelled subsequently. Government had cancelled Mallya’s passport weeks after he flew first-class to London on March 2. Public sector banks had also knocked on the doors of the Supreme Court to recover the loans.
Mallya had a diplomatic passport by virtue of being a Rajya Sabha member. He resigned from the Upper House this month. Cancellation of passport “does not result in automatic deportation, that is the stand taken by UK,” Jaitley said. India will have to demand extradition after charge sheet is filed, he said. The Finance Minister said public sector banks are making all efforts to recover the loans and investigating agencies are inquiring into violations of law.
The loans were extended to Kingfisher Airlines on personal guarantees extended by Mallya, who owns a flourishing liquor and other businesses. Earlier, Sharad Yadav (JDU) raised the issue citing media reports that said the UK had told India that no case was made and Mallya cannot be deported. “You (government) allowed him to travel out in style. Government slept when he fled the country,” he said. The government, he said, had claimed that it will leave no stone unturned to get Mallya back at all cost. He wanted to know what steps the government will take now.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.