Junior India hockey team coach A K Bansal has his priorities in place for the upcoming Test series in Argentina. He says he will be working on fine-tuning his boys in powerplay, a characteristic the Argentines rule world hockey.
Representations have been received from public sector banks to increase foreign investment limit. However, there is no proposal under consideration to amend the limit, Minister of State for Finance P K Bansal told Lok Sabha in a written reply.
A local court in Ludhiana on Thursday issued a bailable arrest warrant against senior Congress leader Jagdish Tytler in a defamation case.On September 8, Tytler had approached the Supreme Court, seeking shifting of a defamation case against him from a court in Punjab to Haryana.
The SBI (Subsidiary Banks Laws) Amendment Bill 2009, introduced by minister of state for finance P K Bansal, was necessitated as these powers were vested with the Reserve Bank of India from whom the ownership of these banks were transferred to the Centre few years ago. Once passed, the bill would empower the Centre to increase or reduce the authorised capital of a subsidiary bank.
Eight-time Olympic hockey champions India may not have made the cut for Beijing Games for the first time in 80 years, but four of its coaches will be at the hockey tournament to study the strategy of other participating nations.
Morgan Stanley, which separated from its Indian partner Nimesh Kampani's JM Financial, has poached four senior executives including managing director of investment banking V K Bansal, from its erstwhile partner.
Having survived the imported Chinese toys that nearly killed the Indian toy industry, the Rs 2,000-crore (Rs 20 billion) domestic toy industry has come a long way.
The government said Anil Ambani-promoted Reliance Power IPO did not appear to be overpriced, if the over-subscription to the public issue is taken into consideration. Reliance Power, which raised close to $ 3 billion through an initial public offer earlier this year, was oversubscribed by about 73 times. However, despite an impressive response to the IPO, the stock made a disastrous debut on bourses and dipped below the issue price on the first day itself.
Market regulator Sebi has denied evidence of participation of terror outfits in the Indian stock markets. It informed the Parliament of its findings on Tuesday. Sebi has also clarified that the authorities do not try to manage or control movement of stock indices. They have put in place systems and practices to promote a safe, transparent and efficient market and to protect market integrity. Sebi has issued orders against 102 vanishing companies and 391 directors & promoters.
The government said on Tuesday it has advised capital market regulator Securities and Exchange Board of India to make regulations for investment advisors.
Participatory notes are instruments through which foreign investors trade in the country's equity and debt markets.
Bansal's wife and daughter had hanged themselves in the same apartment while he was in jail.
On Thursday, Petroleum Minister Murli Deora had also informed Parliament that the government under instruction from United Progressive Alliance Chairperson Sonia Gandhi is not proposing any fuel price increase despite crude nearing $100 a barrel mark. Crude oil prices have risen by almost 50 per cent since the UPA government assumed office, but only a fifth of that has been passed on to the customers.
In a new twist to the murder of bandit-turned-politician Phoolan Devi, her sister on Thursday alleged before a court in Delhi that the slain member of Parliament's husband "deliberately" created situations leading to her killing.
Government on Tuesday made it clear that full float of rupee would be allowed only after putting in place a regulatory mechanism to ensure financial stability and creating congenial atmosphere like containing revenue and fiscal deficits.
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
Kalicharan who had earlier identified the accused as the killer, said that at the time of the firing, the gunmen had muffled up their faces and so he was unable to identify them.
Earlier, in view of the alleged harassment of customers by ICICI Bank's recovery agents and the judgement of the Supreme Court, the bank was advised by RBI in August to investigate and take action against the recovery agents involved. The bank was also advised to look into the system of appointing and reviewing performance of recovery agents and undertake comprehensive review of customer complaints at the highest levels.
The government said on Tuesday public sector insurance companies do not intend to deny the facility of mediclaim to those above 55.
The R S Pathak Inquiry Authority report, which has indicted former external affairs minister Natwar Singh and his son Jagat in the Iraqi oil scam, was tabled in both the Houses of Parliament on Monday.
Amid speculations that home and personal loan rates may go up, government said on Wednesday the 0.25 per cent hike in Reserve Bank of India's short term lending rate is not intended to make loans costlier but to make banks self sufficient.
However, no notice was served to the P K Bansal Committee, which had probed the scam.
Lok Sabha members of Parliament named in a television channel expose about corruption in MP Local Area Development scheme have filed their replies to the inquiry committee, set up by Lok Sabha Speaker Somnath Chatterjee.
The economy has been on high growth trajectory, but it should translate into generation of adequate jobs to make the growth story inclusive, Minister of State for Finance P K Bansal said on Wednesday.
TV sting: Govt moves motion in LS on expulsion of 10 MPs
LS inquiry committee hears three MPs, one seeks more time
The five-member Committee would meet later in the day to take stock of the situation.
The development comes after a recent notification from the Union home ministry, which has permitted companies to resume manufacturing operations and reopening of shops in red, green and orange zones with certain riders.
Swaraj had undergone a kidney transplant on Saturday with the organ being harvested from a living unrelated donor.
Swaraj, 64, was shifted to the Intensive Care Unit after the nearly six-hour-long surgery by a team of 50.
In the suicide note, Bansal has alleged that a CBI DIG, two women officers, and a "fat" havildar of the agency had "tortured" his wife and daughter after which they ended their lives.
The Supreme Court on Tuesday favoured framing of a uniform national policy to deal with those suffering from mental illness and their release from hospitals after being cured.
The Bharatiya Janata Party on Thursday expressed unhappiness over the probe agency chief Ranjit Sinha's remarks that there is no evidence against former Railway Minister P K Bansal in the bribery case.
Five accused, including Railway Minister P K Bansal's nephew and suspended member (staff) in the railway board, were on Thursday remanded in judicial custody till May 20 by a Delhi court in connection with the Rs 10 crore railway bribery case.
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
Two separate suicide notes were recovered. They said that the CBI raid caused them (the family) great humiliation in the society.
A day before he committed suicide, former Corporate Affair DG B K Bansal had visited the Central Bureau of Investigation headquarters to submit Income Tax certificate showing that his son Yogesh had disclosed over Rs 2.38 crore of unaccounted income to tax authorities.
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