The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.
'We want to strengthen hands of Modiji and sure that LJP (Ram Vilas) will contest polls as an ally of NDA.'
Rafael Nadal maintained his ominous claycourt form by seizing back the Barcelona Open title from Kei Nishikori with a 6-4, 7-5 victory on Sunday, matching Guillermo Vilas's record title haul on the surface.
A special court in Thane, India, has acquitted six individuals, including a former corporator, in an extortion case. The court cited "lack of evidence" and "procedural lapses" by the prosecution, as well as "unreliable testimonies" of witnesses, as reasons for granting the accused the benefit of doubt.
PNB has rich experience in the integration of commercial banks.
Union Minister and Lok Janshakti Party-Ram Vilas leader Chirag Paswan is planning to convene a meeting of Scheduled Caste MPs of different parties as he works to mobilise support ahead of his party filing a review plea in the Supreme Court against its judgment allowing sub-categorisation of reservation within the community.
With a potential liability of Rs 750-800 crore, sources say Clix Capital's stand on the matter would be crucial in finalising the merger valuation.
Shivkumar Gautam, the alleged main shooter in the Baba Siddique murder case, remained at the spot for 20 minutes after the Nationalist Congress Party leader was gunned down on October 12, an official said on Thursday.
With this, the Shiv Sena has become the second major political party to release its list of candidates for the state assembly polls. Its ally BJP released a list of 99 candidates on Sunday.
Prime Minister Narendra Modi, his cabinet colleagues Amit Shah, Nitin Gadkari, Rajnath Singh, chief ministers of Nationalist Democratic Alliance-ruled states and prominent personalities from industry and Bollywood on Thursday attended the grand swearing-in of Devendra Fadnavis as Maharashtra Chief Minister in Mumbai.
Despite the Bharatiya Janata Party-led National Democratic Alliance throwing all its weight to snatch Jharkhand from the hands of a Jharkhand Mukti Morcha-headed coalition, the saffron camp suffered a debacle leaving the party's rank and file wondering what had gone wrong.
Reader Pradeep Hariharan sent us a picture of Guillermo Vilas from the USA.
After the Mahagathbandan rejected his overtures, the need for political survival forced Pashupati Kumar Paras to stick with the NDA. The BJP may reward him with a governor's post after the election.
This will be the first time the BJP has got more seats than Chief Minister Nitish Kumar-led JD-U in Bihar, underscoring the change in their equations after they joined hands a few months back.
Bharatiya Janata Party's National Democratic Alliance partners have got five cabinet ministerial berths in the third term of Prime Minister Narendra Modi, as against none in the outgoing government, given the party's dependence on allies for a majority in the Lok Sabha.
There are unconfirmed reports that the BJP has offered to appoint Paras as governor and a berth in the Bihar cabinet to his nephew Prince Raj. M I Khan reports.
All eyes are on the JD-U's national executive meeting on June 29 in New Delhi, where a decision in this regard may be taken.
Sources said Paswan's party may contest on five of the 40 Lok Sabha seats in Bihar.
Paswan said he was willing to contest the upcoming Bihar assembly polls as an NDA partner "if the BJP so desires", and made light of estranged uncle Pashupati Kumar Paras' recent meeting with Union Home Minister Amit Shah.
Former Union minister Pashupati Kumar Paras, who quit after his Lok Janshakti Party faction was not given any seat by the Bharatiya Janata Party-led National Democratic Alliance in Bihar for the Lok Sabha elections, on Saturday announced his party's support to the ruling alliance, ending speculation over his next course of action.
Shinde had retained most of the sitting MLAs, who chose to be with him when he led the rebellion two years ago. They delivered for him on Saturday when votes for the state polls were counted.
The TDP and the LJP also supported the Bill being sent to a parliamentary committee for further examination.
Bharatiya Janata Party rebel leader Naveen Goyal, who is contesting as an Independent candidate from Gurgaon in the upcoming assembly polls, reacted to an ultimatum by Union minister Piyush Goyal, saying he was not going to withdraw his nomination.
The final round of voting for the Jharkhand Assembly elections is taking place on Wednesday, with the JMM-Congress-RJD coalition seeking to retain power while the BJP-led NDA aims to take control. The election will decide the fate of Jharkhand Chief Minister Hemant Soren, his wife, and several other candidates. Key issues during the campaign included alleged infiltration from Bangladesh, corruption, and Hindutva.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.
The ruling Bharatiya Janata Party on Thursday took a major step to implement its key plank of "one nation, one election" as the Union Cabinet headed by Prime Minister Narendra Modi approved the constitutional amendment bill to roll out the concept of simultaneous Lok Sabha and state assembly polls, sources said.
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
The ruling Mahayuti is poised to retain power in Maharashtra with the opposition Maha Vikas Aghadi (MVA) also putting up a strong show in assembly polls, most exit polls predicted on Wednesday after conclusion of polling on 288 seats in the state. Jharkhand is likely to see a change of government with BJP-led National Democratic Alliance coming to power in the state, three exit polls said on Wednesday with one poll giving majority to the ruling JMM-led alliance.
On Friday, Paswan had said "any uneducated person becomes chief minister nowadays," in a veiled jibe at Rabri Devi.
Reliance Industries in collaboration with The Oberoi Hotels and Resorts will co-manage three iconic hospitality projects which include Anant Vilas in Mumbai and Stoke Park in the UK, the company said on Thursday. The arrangement between the two companies also includes management of another planned project in Gujarat. "Reliance Industries...has entered into an understanding with The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK.
"Lok Janshakti Party spent the year 2012 in Jan Sampark Yatra. We worked on all issues, be it Rs. 82,000 crores large-scale corruption or 6,000 MNREGA scandal or people dying after consuming illicit liquor. We conducted the Jan Sampark Yatra on all these issues in 2012 and we announced that we would take out a yatra in 2013. It is after intense thinking that we named this yatra as Bihar Bachao yatra," Paswan told mediapersons here.
Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
'I have been a spokesperson of the party for the last 41 years and now I think some other party member should take up my post,' JD-U's K C Tyagi tells Rediff.com about his resignation from the post of party spokesperson.
The opposition on Sunday asked the Centre to allow discussions in the Parliament on the United States prosecutors' bribery charges against the Adani Group even as Union minister Kiren Rijiju made it clear that the matters to be taken up in the two Houses will be decided by their authorised committees with the consent of the respective Chair.
In a stunning comeback, Hemant Soren's Jharkhand Mukti Morcha-led alliance on Saturday stormed to power in Jharkhand for a second consecutive term, winning 56 seats in the 81-member assembly, despite an all-out blitz by the Bharatiya Janata Party-led National Democratic Alliance which managed only 24 seats.
Those joining Prime Minister Narendra Modi's council of ministers for the first time include three former chief ministers -- Shivraj Singh Chouhan (Madhya Pradesh), Manohar Lal Khattar (Haryana) and H D Kumaraswamy (Karnataka).
Fissures surfaced among Indian National Developmental Inclusive Alliance (INDIA) partners ahead of the Jharkhand assembly elections as the Rashtriya Janata Dal on Saturday expressed disappointment over the announcement of Jharkhand Mukti Morcha and Congress contesting 70 of 81 seats in the state.
Lok Sabha Speaker Om Birla is expected to name the committee's chairperson soon.
Shiv Sena-Uddhav Balasaheb Thackeray leader Priyanka Chaturvedi on Wednesday took potshots at the rival Shiv Sena over its minister not finding a place in the reconstituted NITI Aayog.
