The ruling Nationalist Congress Party in Maharashtra clarified on Sunday that it had received no proposal from the Congress for a merger nor did it have any such plan in the run-up to the election to the 288-member state assembly slated for September-October.
Rush to offload bad loans indicates a revival in asset-sale market
Nationalist Congress Party president Sharad Pawar on Sunday declared that he was not going to be the party's chief ministerial candidate for the forthcoming Maharashtra assembly election slated for September-October.
Pankaja Munde -- who lit the funeral pyre of her father Gopinath Munde on Wednesday at his ancestral village of Parli in Maharasthra along with Prime Minister Narendra Modi and party general secretary Amit Shah -- will lead the the Bharatiya Janata Party's campaign for the assembly elections scheduled for later this year.
The party has to zero in on its chief ministerial candidate from one of three leaders -- Union Minister for Surface Transport Nitin Gadkari, state BJP president Devendra Fadnavis and Leader of Opposition in the state council Vinod Tawde. But the biggest handicap with them is that they can't match Munde in terms of popularity.
Party insiders say the high command could consider replacing state chief Manikrao Thakre, reports Sanjay Jog.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.
Congress candidate Ashok Chavan, BJP's Gopinath Munde, NCP's Padmasinh Patil and All India Youth Congress chief Rajeev Satav cash in on their charisma and image. Sanjay Jog
Banks on mobilising support from Dalit and Muslim voters. Sanjay Jog reports.
Despite several rounds of negotiations with villagers, CIDCO is yet to acquire 271 hectares required for the core airport area in Navi Mumbai.
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
The Congress has hinted that former Maharashtra Chief Minister Ashok Chavan would be its lead campaigner, especially in the state's Marathwada region in the coming Lok Sabha polls, despite his being tainted in the Adarsh cooperative housing society scam.
Union Commerce and Industry Minister Anand Sharma takes on Narendra Modi, says: Gujrat cannot be sold as a model state as it has many flaws.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
Ratnagiri Gas & Power Pvt Ltd, in charge of Dabhol assets since 2005, has admitted it is passing through a difficult phase in the absence of gas allocation and low recovery of dues from the Maharashtra State Electricity Distribution Company.
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
Maharashtra Cabinet undecided over providing subsidy to private utilities.
Union Agriculture Minister and Nationalist Congress Party President Sharad Pawar said on Friday there was no Modi wave in the country but argued that the new government at the Centre should be stable in the larger interest of the economy and the country. He observed that development would be a major plank in the run up to the coming parliamentary elections.
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