Page 5 - Latest Updates on Electoral Bond
Ex-CEC S Y Quraishi bats for more transparency in political funding
He said it is important for people to know what kind of money -- dirty money or drug money -- is coming
 "Ex-CEC S Y Quraishi bats for more transparency in political funding")
Electoral bond data: Smaller companies donated larger share of profit
The top 10 companies by market capitalisation (mcap) contributed over Rs 362 crore
 "Electoral bond data: Smaller companies donated larger share of profit")
Infra companies among top electoral bond donors: Election Commission
Cement majors donated Rs 233 crore; in mining and metals, Vedanta, Aditya Birla Group also figure among top 10
 "Infra companies among top electoral bond donors: Election Commission")
Firms report electoral bonds under donations, miscellaneous expenses
A reading of the reports suggests that there is no standard practice for reporting political contributions and it is left to the company's discretion to report them as they find fit
 "Firms report electoral bonds under donations, miscellaneous expenses")
'Why malign India Inc? Electoral bonds just tip of poll funding iceberg'
While most companies have mentioned about their spending in electoral bonds in some form in their annual reports, very few have been upfront and categorical about their disclosures
 "'Why malign India Inc? Electoral bonds just tip of poll funding iceberg'")
At least 4 Kolkata companies in list of top 10 electoral bond donors
Apart from leading business groups, there is a variety of small businesses that have shelled out hundreds of crores for electoral bonds
 "At least 4 Kolkata companies in list of top 10 electoral bond donors")
Electoral bonds: 100 listed firms across 32 sectors are donors, shows data
The top five sectors accounted for over 60 per cent of the total donations
 "Electoral bonds: 100 listed firms across 32 sectors are donors, shows data")
Electoral bonds was world's biggest extortion racket, says Rahul Gandhi
Congress and its allies in Maharashtra will win Lok Sabha seats with record margins, Gandhi claimed
 "Electoral bonds was world's biggest extortion racket, says Rahul Gandhi")
Favourite electoral bond denominations vary between parties, shows data
The Bharatiya Janata Party got over Rs 6060 crore through electoral bonds, showed ECI data
 "Favourite electoral bond denominations vary between parties, shows data")
SBI 'duty bound' to disclose electoral bond number: Supreme Court
SBI shared the data with the EC on March 12, following a Supreme Court directive, which allowed the EC until 5 PM on March 15 to upload the information on its website
 "SBI 'duty bound' to disclose electoral bond number: Supreme Court")
Need to learn lessons from electoral bonds scheme, says FM Sitharaman
Sitharaman observed that more people are investing directly in stock market. Finance minister noted stability of Indian stock market, advocating for it to operate independently
 "Need to learn lessons from electoral bonds scheme, says FM Sitharaman")
Future Gaming and Hotel: The story of the largest electoral bond donor
Future Gaming purchased electoral bonds worth Rs 1,368 crore between April 2019 and January 2024, as per the details shared by ECI
 "Future Gaming and Hotel: The story of the largest electoral bond donor")
Electoral bonds: Congress' Kharge attacks Modi as BJP gets 50% funding
Congress President Mallikarjun Kharge on Friday accused Prime Minister Narendra Modi of corruption amid the ongoing row over electoral bonds data shared by the SBI
 "Electoral bonds: Congress' Kharge attacks Modi as BJP gets 50% funding")
Regional parties together raised Rs 5,221 crore through electoral bonds
The BJP received the highest contributions through the electoral bonds amounting to Rs 6,566 crore or 54.77 per cent, followed by the Congress with Rs 1,123 crore or 9.37 per cent
 "Regional parties together raised Rs 5,221 crore through electoral bonds")
Electoral bonds data: FM says party funding system needs transparency
Election Commission made public names of companies and individuals who had donated billions of rupees to political parties under the system that had kept their identities secret
Electoral bonds data proves BJP is most corrupt party: RJD's Manoj Jha
Senior RJD leader Manoj Jha on Friday alleged that the data on electoral bonds has proved that the ruling BJP at the Centre is "the most corrupt political party in the history" of the country
 "Electoral bonds data proves BJP is most corrupt party: RJD's Manoj Jha")
Electoral bonds: BJP received more funds than the next 6 parties combined
The ruling party received Rs 6,060 crore in electoral bonds, constituting 47% of the total donations, followed by TMC Rs 1,609.50 crore (12.6%) and Congress Rs 1,421.9 crore (11.1%)
 "Electoral bonds: BJP received more funds than the next 6 parties combined")
RIL denies links with Qwik Supply the third largest electoral bond buyer
The firm had a revenue of over Rs 500 crore in 2022-23 (April 2022 to March 2023) but profit numbers were not known
 "RIL denies links with Qwik Supply the third largest electoral bond buyer")
Electoral bonds: 22 entities donated Rs 100 crore+ each to parties in 5 yrs
The BJP received the largest share of donations, totaling more than Rs 6,000 crore
 "Electoral bonds: 22 entities donated Rs 100 crore+ each to parties in 5 yrs")
Sibal demands investigation into electoral bonds, calls it 'big scam'
SBI has said a total of 22,217 electoral bonds of varying denominations were purchased by donors between April 1, 2019 and February 15 this year, out of which 22,030 were redeemed by political parties
 "Sibal demands investigation into electoral bonds, calls it 'big scam'")
