Hyderabad BJP LS candidate Madhavi Latha’s assets worth Rs 218 cr
Hyderabad: BJP candidate from Hyderabad Lok Sabha constituency K Madhavi Latha on Wednesday declared her family assets, both moveable and immovable worth Rs 218.38 crore.
Latha' s family has liabilities to the tune of Rs 27 crore.
Latha today submitted her nomination papers for the election to be held on May 13.
The BJP candidate's family owns 2.94 crore shares of Virinchi Ltd valued at Rs 94.44 crore. Latha's husband Vishwanath Kompalle, an IIT Madras alumni is founder of the fintech and healthcare company.
According to an election affidavit she filed, the family has movable assets worth Rs 165.46 crore including three dependents and immovable - Rs 55.92 crore.
She will take on All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief and sitting MP Asaduddin Owaisi and the Congress has announced Mohammed Waliullah Sameer as its candidate.
She mentioned that she possesses a Masters degree in Political Science.
Owaisi has declared family assets at Rs 23.87 crore and liabilities of Rs 7 crore. He possessed a pistol and a rifle, according to his affidavit filed on April 19.
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Businessman burnt to death as moving car catches fire in Noida
Noida (PTI): A 46-year-old businessman was burnt to death after his moving car caught fire in Uttar Pradesh’s Gautam Buddha Nagar district, police said on Tuesday.
According to police, the victim was identified as Rajkumar Singhal, who was engaged in the paint business. The incident occurred late on Monday night near Sorkha village under the Sector 113 police station area.
Station House Officer Krishna Gopal Sharma said Singhal was driving towards Parthala Chowk when his vehicle suddenly caught fire for reasons yet to be ascertained.
Singhal was unable to get out of the car and died in the blaze, the SHO said.
Fire tenders reached the spot after receiving information, but the car had already been gutted, police said. The body has been sent for post-mortem examination and an investigation is underway.
Police suspect the presence of paint or other inflammable material in the car may have caused the fire to spread rapidly.
