A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. The bid by IndusInd International Holdings Ltd (IIHL) is higher than Rs 8,640 crore offer made by Torrent Investments in the first round of auction held in December last year. The other two suitors -- Torrent Investments and Oaktree -- did not participate in the second round of auction, sources said.
The Congress has pinned its hopes on many of the old-timers and also given representation to some new faces in its first list of candidates announced for the Chhattisgarh assembly polls scheduled next month.
With most exit polls predicting a tight contest between the Congress and the Bharatiya Janata Party in the assembly polls in Karnataka, leaders of the two parties seem 'jittery' over the outcome, while the Janata Dal-Secular appears to be expecting a hung verdict, which would enable it to play a role in government formation.
Trinamool Congress floor leader Derek O'Brien was suspended from the Upper House of Parliament on Tuesday for the remaining part of the Winter session after he threw a Rajya Sabha rule book at the Chair.
Hit hard by defections in the last five years, the Congress in Goa on Friday made its candidates sign affidavits and take an oath of loyalty to the party in the presence of its senior leader Rahul Gandhi.
Jared Kushner, the 35-year-old, played a key role in the presidential campaign and his new White House job will cover both domestic and foreign policy.
N Srinivasan was "quite happy" after the Supreme Court on Tuesday allowed him to resume his duties as president of the Board of Control for Cricket in India. 'I think the Supreme Court has said I can resume functioning and discharge my functions. So I am quite happy because BCCI needs somebody,' Srinivasan told reporters after the ruling.
Two senior United States Secret Service agents are being investigated over allegations that they crashed a government car into White House security barricades under the influence of alcohol, a media report said.
'When democracy first came to Bhutan people had no idea and they were like 'What is that?' Oh it's that thing they have in India where the leaders are always fighting and arguing.' When I screened the film to Bhutan's film committee, they thought my film was good but they were concerned about that line. They wanted me to change that line. They said, 'We don't want to offend India.' I tried to tell them that Indians have a great ability to laugh at themselves but they insisted I change it.'
The first municipal House after the high-stakes civic polls on December 4 is scheduled to take place on Friday during which all newly elected councillors will take oath and the mayor and the deputy mayor will be elected.
Leader of Opposition Suvendu Adhikari objected to Roy's elevation, arguing that the MLA, who had crossed over to the ruling Trinamool Congress last month after winning the polls on a BJP ticket, cannot be considered a legislator of the saffron camp.
The JCP was constituted in the Lok Sabha in December 2019 and was expected to submit its report in the Budget Session.
'How can you shoot somebody raising a white flag, even if he's a fighter, when he's surrendered?'
During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.
The Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piramal group's bid to take over it towards the end of the resolution process. The revelation comes in the June 7 NCLT Mumbai order that has approved the Rs 35,250-crore bid for the once second largest mortage lender by Piramal Capital & Housing Finance, forcing over 65 per cent haircut on the creditors and just Re 1 to its NCD holders to whom it owes more than Rs 45,000-crore. On the 14th page of the 86-page NCLT order by HP Chaturvedi and Ravikumar Duraisamy, it says DHFL no longer is a deposit taking NBFC but a non-deposit taking one.
Parliamentary Affairs Minister Prahlad Joshi has said that 31 bills will be taken up in the monsoon session. Among these include the Digital Personal Data Protection Bill, 2023.
Priyanka Gandhi Vadra on Friday promised to restore the old pension scheme for government employees in Himachal Pradesh if the Congress was voted to power in the assembly elections.
The former Los Angeles mayor's nomination was pending before the US Congress since July 2021 when he was nominated for the prestigious diplomatic posting by Biden.
West Bengal Chief Minister Mamata Banerjee on Tuesday assured her counterpart from Delhi Arvind Kejriwal, that her party would support him in his fight against the central ordinance to control appointments and transfer of bureaucrats.
A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
If they will allow I will speak inside the parliament, the Wayanad MP said.
The Union home ministry has recommended the special CAG audit taking note of a May 24 letter by Lieutenant Governor V K Saxena which pointed out 'gross and prima facie financial irregularities' in the 'reconstruction' of the chief minister's official residence, they claimed.
In the all-party meeting on Tuesday, Opposition parties demanded discussions on price rise, unemployment and Economically Weaker Section (EWS) quota among other issues, sources said.
Pakistan is bracing for another day of violence that broke out in many cities after the arrest of former prime minister Imran Khan for alleged corruption with the leaders of his party announcing a countrywide strike on Wednesday to protest against the fascist government.
Eight persons died in the early hours of Tuesday after their houses caught fire at Rampurhat in Birbhum district, police said.
Here are 10 things you should know about the new rules.
'We are rolling out a vaccine when we don't even have the phase 2 trial results; forget about phase 3 trial results.' 'Why are we playing with people's lives?'
Congress MPs staged a protest in front of the Gandhi statue in Parliament complex demanding an apology from the government for Irani's confrontation with Congress president Sonia Gandhi on Thursday.
The Supreme Court on Tuesday referred to a Constitution bench of at least five judges a batch of pleas challenging the constitutional validity of the colonial-era provision of sedition under the Indian Penal Code (IPC).
Proceedings in both Lok Sabha and Rajya Sabha were disrupted as Opposition members raised slogans demanding a discussion and a Joint Parliamentary Committee (JPC) probe into the fraud-allegation-triggered rout.
It also promised to launch the 'Poshane' scheme through which every BPL household will be provided with half litre 'Nandini' milk every day and five kg 'Shri Anna - siri dhanya' through monthly ration kits.
The Congress is planning to call a meeting of Opposition parties in May. It is possible to keep all possibilities open in case Karnataka yields a hung House, leading to a recalibrated Opposition.
Solicitor General Tushar Mehta, appearing for the Centre, told a five-judge Constitution bench headed by Chief Justice D Y Chandrachud, which is hearing a batch of pleas seeking legal validation of same-sex marriage, that the government is positive about the suggestion for exploring administrative steps in this regard.
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
The legislature reiterated the state's stand that the issue is a settled one, and not an inch of land will be given to the neighbouring State.
They said rampant infrastructure development without a plan is making the fragile Himalayan ecosystem even more vulnerable to the effects of climate change which acts as a force-multiplier.
The no-confidence motion moved by the opposition Bharatiya Janata Party against the Congress government in Chhattisgarh where assembly polls are due next year, was defeated by voice vote in the state Legislative Assembly on Thursday.
Vinod Panicker, a known Poorakali-Marathukali artist for the last 37 years, alleged that the management of some local temples informed him that he could not perform the traditional artform as he lives in the same house where his non-Hindu daughter-in-law lives.
The election was necessitated as the term of office of seven members expires on June 14.
Shree Jagannath Temple Administration under the state law department, did not respond to the queries of Bolangir-based RTI activist Hemant Panda.
