Latest news with #Devnani
Business Insider
12-07-2025
- Business
- Business Insider
Analysts Are Bullish on These Technology Stocks: Upbound Group (UPBD), Uber Technologies (UBER)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Upbound Group (UPBD – Research Report) and Uber Technologies (UBER – Research Report) with bullish sentiments. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Upbound Group (UPBD) In a report issued on July 8, Hoang Nguyen from TD Cowen maintained a Buy rating on Upbound Group, with a price target of $36.00. The company's shares closed last Friday at $26.22. According to Nguyen is ranked #8278 out of 9861 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Upbound Group with a $34.67 average price target. Uber Technologies (UBER) In a report issued on July 8, Nikhil Devnani from Bernstein maintained a Buy rating on Uber Technologies, with a price target of $95.00. The company's shares closed last Friday at $95.39. According to Devnani is a 5-star analyst with an average return of 28.0% and a 84.5% success rate. Devnani covers the NA sector, focusing on stocks such as Maplebear, Wayfair, and eBay. Uber Technologies has an analyst consensus of Strong Buy, with a price target consensus of $101.15, representing a 5.2% upside. In a report issued on June 25, Cantor Fitzgerald also maintained a Buy rating on the stock with a $106.00 price target.
Hindustan Times
16-06-2025
- Politics
- Hindustan Times
Rajasthan Assembly Speaker to visit France and Germany to observe parliamentary best practices
Jaipur, Rajasthan Assembly Speaker Vasudev Devnani will embark on a seven-day visit to France and Germany to observe parliamentary systems and practices in both the countries. He is scheduled to depart from Jaipur on Tuesday morning for New Delhi and will fly to Paris later in the day. The visit is being organised under the aegis of the Commonwealth Parliamentary Association and will include interactions with lawmakers and officials from both France and Germany. During the visit, Devnani will observe the functioning of the French National Assembly , the Senate , the German Bundestag , and the Bundesrat . He will also share insights into legislative innovations introduced in the Rajasthan Assembly. Terming the tour significant in the context of parliamentary cooperation, Devnani said the visit aims to strengthen democratic engagement, encourage international collaboration, and provide a platform for sharing legislative best practices. The Speaker will also hold discussions on digital legislative processes and social inclusion with elected representatives and senior officials from the national parliaments, local legislative bodies, and cultural and academic institutions of both the countries. "This visit is a strong medium to present India's democratic traditions and the capabilities of state legislatures at a global level. It will certainly help enrich parliamentary functioning," Devnani stated. He is also scheduled to meet parliamentary leaders, senior lawmakers, Indian diaspora members and officials at Indian embassies in Paris and Berlin. The engagements also include interactions with officials from the Ramakrishna Vedantic Centre, science and technology experts and prominent members of the Indian community. Devnani will be accompanied by assembly principal secretary Bharat Bhushan Sharma on the tour. Apart from the official engagements, the Speaker will also visit historical, cultural and spiritual landmarks in both the countries to gain a deeper understanding of local traditions and heritage.
Hans India
24-05-2025
- Politics
- Hans India
Convicted for pointing gun at SDM, BJP MLA disqualified
Jaipur: The Assembly membership of Rajasthan BJP MLA, Kanwarlal Meena, has been terminated after he was found guilty in a case where he threatened an SDM with a pistol in 2005. The Assembly has issued an official notification confirming the termination. Rajasthan Assembly Speaker Vasudev Devnani announced on Friday that MLA from Anta constituency, Kanwarlal, has been disqualified from the Rajasthan Legislative Assembly following his conviction in a court of law. The disqualification is in accordance with Article 191(1)(e) of the Indian Constitution and Section 8(3) of the Representation of the People Act, 1951. Devnani stated that the disqualification took effect from the date of conviction, and consequently, the Anta (193) Assembly seat in District Baran has been declared vacant. The Speaker clarified that the decision was made after receiving legal advice from the Advocate General of Rajasthan. 'I do not work under any kind of pressure,' he emphasised. 'All decisions are made strictly in accordance with the law and only after a thorough examination of all aspects.' He further stated that precedent exists for such matters, noting that previous Speakers have also taken time to study and act on similar cases. Devnani cautioned against politicising the issue, underlining that the matter is purely legal in nature. He explained that the Advocate General was asked to provide legal counsel on the day of the court's verdict regarding MLA Kanwarlal. According to established legal provisions, an MLA stands disqualified from the date of conviction, and the notification of the seat's vacancy is formally issued by the Legislative Assembly. He also referenced Article 177 of the Constitution, stating that the Advocate General has the constitutional authority to participate in the proceedings of the Legislative Assembly and offer legal opinions when required. Earlier, the Assembly Secretariat had issued a notice to Kanwarlal, requiring him to respond by May 7. He was asked to clarify whether he had received any relief from the Supreme Court to stay his sentence. As the Supreme Court did not suspend the conviction or sentence, the Speaker was left with no option but to revoke his membership.
Time of India
24-05-2025
- Politics
- Time of India
Hrs after Cong's contempt plea,BJP MLA removed from House
Jaipur: Sixteen days after the Supreme Court dismissed BJP MLA Kanwarlal Meena's appeal and two days after his surrender, assembly Speaker Vasudev Devnani finally disqualified the governing party's legislator on Friday. The move came hours after Congress filed a contempt petition against Devnani in Rajasthan high court for allegedly delaying action against Meena, sentenced to three years for intimidating a govt officer at gunpoint during a panchayat bypoll in 2005. Devnani defended the timing of his decision, stating his office acted upon receiving a formal legal opinion from the advocate-general on Friday. "I do not act under any pressure. Every decision is rooted in legal and constitutional principles. Even in past cases, Speakers took time for due diligence," Devnani said. Opposition Congress, however, cited examples of Rahul Gandhi being disqualified from Lok Sabha within 24 hours of his conviction in 2023 and Rajasthan BSP MLA BL Kushwaha being disqualified within two days of his conviction in 2016. Congress accused Devnani of having deliberately delayed disqualification of Meena and acting only after the contempt petition was filed, attributing the final outcome to its sustained pressure. "The Speaker acted only to avoid further embarrassment in the high court," state opposition leader Tikaram Jully of Congress said. Jully said that the Congress had submitted three memorandums to both the Speaker and the governor, and filed a formal complaint with the Election Commission demanding Meena's immediate disqualification. "Despite this, efforts were made continuously to protect the convicted MLA, instead of upholding constitutional values," he said. "The deliberate delay allowed a convicted MLA to remain in office and even go to jail while holding the post. This has put a stain on the dignity of the state assembly," Jully said. "This case will serve as a lesson for Speakers across the country on the consequences of disregarding due process," he said. Meena has been disqualified from May 1 when the HC upheld a trial court's three-year sentence to him. Meena had then approached the apex court for relief but it dismissed his plea on May 7 citing the legislator's extensive criminal record. The disqualification has reduced BJP's strength in the 200-member assembly from 119 to 118 and necessitates a bypoll in Anta, Meena's assembly seat in Baran district, within six months. The assembly has notified the Election Commission about the vacancy. Meena is the second MLA in Rajasthan to be disqualified upon conviction, following BSP's Kushwaha in 2016. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
Time of India
24-05-2025
- Politics
- Time of India
Convicted for gun threat, Rajasthan BJP MLA Kanwarlal Meena gets disqualified
BJP MLA Kanwarlal Meena JAIPUR: Sixteen days after Supreme Court dismissed Rajasthan BJP MLA Kanwarlal Meena's appeal and two days after his surrender, assembly Speaker Vasudev Devnani finally disqualified the governing party's legislator on Friday. The move came hours after Congress filed a contempt petition against Devnani in Rajasthan high court for allegedly delaying action against Kanwarlal Meena , sentenced to three years for intimidating a govt officer at gunpoint during a panchayat bypoll in 2005. Devnani defended the timing of his decision, stating his office acted upon receiving a formal legal opinion from the advocate-general on Friday. "I do not act under any pressure. Every decision is rooted in legal and constitutional principles. Even in past cases, Speakers took time for due diligence," Devnani said. Opposition Congress, however, cited examples of Rahul Gandhi being disqualified from Lok Sabha within 24 hours of his conviction in 2023 and Rajasthan BSP MLA BL Kushwaha being disqualified within two days of his conviction in 2016. Congress accused Devnani of having deliberately delayed disqualification of Meena and acting only after the contempt petition was filed, attributing the final outcome to its sustained pressure. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Lifetime Office 2024 License for Mumbai [Order] prime software Undo "The Speaker acted only to avoid further embarrassment in the high court," state opposition leader Tikaram Jully of Congress said. Meena has been disqualified from May 1 when the HC upheld a trial court's three-year sentence to him. Meena had then approached the apex court for relief but it dismissed his plea on May 7 citing the legislator's extensive criminal record. The disqualification has reduced BJP's strength in the 200-member assembly from 119 to 118 and necessitates a bypoll in Anta, Meena's assembly seat in Baran district, within six months. The assembly has notified the Election Commission about the vacancy. Meena is the second MLA in Rajasthan to be disqualified upon conviction, following BSP's Kushwaha in 2016.
