On Mumbai North East constituency, Shiv Sena had been bitterly opposed to Somaiya's candidature. And the BJP's decision to replace him with Manoj Kotak underscores its keenness to keep its Hindutva ally in good humour.
Speaking to Moneycontrol, Somaiya said that he is expecting a meeting with a senior official from the National Intelligence Grid (NATGRID) to discuss the sudden jump in bitcoin trading in India during the period of the cash ban.
If the government declares Bitcoin to be illegal in India, then the exchanges will have to shutdown, the source said.
"The use of Bitcoin, a hypothetical currency, is increasing at a rapid speed in India as well as in the world. Experts have expressed concern that Bitcoin is a pyramid ponzi type scheme," Kirit Somaiya said.
The results of the BMC election announced today threw up some surprises with a number of prominent names biting the dust, while quite a few candidates from political families made it to the general body of the country's richest civic body.
The Economic Offences Wing (EOW) of Mumbai police on Tuesday attached assets of Financial Technologies India Ltd (FTIL), under the Maharashtra Protection of Interest of Depositors Act (MPID) Act.
Raising the issue during Zero Hour, Kirit Somaiya claimed that two of the accused in the alleged scam -- Gautam Khaitan and Guido Haschke -- were also "involved" in other companies and as per a SEBI report, incorporated as directors in real estate company Emaar-MGF.
As BJP MP Kirit Somaiya dragged Singh's name into the controversy involving alleged kickbacks paid for the VVIP chopper deal, Emaar MGF termed the allegations as "baseless and incorrect."
Three teams of ED and IT department started searches in morning at the office of Ashoka Buildcon in Vadala locality, at a toll naka in Pimpalgaon Basawant on outskirts of city and at the house of the owner of the firm, sources said.
The BJP MP has approached telecom ministry, telecom regulator Trai, Consumer Ministry, SEBI, Corporate Ministry Finance Ministry, RBI and state governments to check various concerns that he has on company offering mobile phone for Rs 251-- which is the world's cheapest.
The watchdog had asked its investigation arm Director General (DG) to look into the matter of airfares on three previous occasions but did not find any evidence of fair trade norm violations.
"It (predatory pricing) is a concern of a majority of Parliamentarians, including the Prime Minister, and needs to be addressed," Sharma, Minister of State for Civil Aviation, said here on the sidelines of an industry event, organised by the Assocham in association with the Civil Aviation Ministry.
CNBC-TV18's Ashmit Kumar reports that complaint seeking criminal proceedings in the NSEL crisis has been filed.
The UPA government's proposed Food Security Bill was just a vote catching tool for the Congress, expressed Bharatiya Janata Party leader Kirit Somaiya. He voiced his concerns over wastage of food grains in the country.