Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties
9 months ago

Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties

The Hindu  

From pharmaceutical drugmakers, healthcare providers, infrastructure as well as realty developers to those in educational services, several companies across industries in Telangana and Andhra Pradesh had purchased electoral bonds that were encashed by different political parties. Infrastructure developer Megha Group, through several group firms, which at ₹1,186 crore had emerged as the largest purchaser of electoral bonds from the region, had donated to several parties. Natco Pharma, another well-known pharma company in Hyderabad, purchased electoral bonds worth over ₹69 crore that were encashed by Congress, BJP, BRS, TDP, YSRCP and the Jana Sena Party. The BRS, TDP and JSP were recipients of electoral bonds purchased by Sri Chaitanya Students Facility Management, while the bonds bought by Koneru Raviteja, an entrepreneur, went to the BRS. BRS gets bonds worth ₹1,322 crore BRS emerged as the fourth largest receiver of funds from the electoral bonds in the country pushing aside some of the biggest national parties.

History of this topic

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1 year, 1 month ago
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1 year, 5 months ago

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