Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.
The Trinamool Congress on Monday wrote to Kolkata Police Commissioner Soumen Mitra seeking 'necessary action' under the law against the Central Bureau of Investigaton officials who arrested three senior party leaders 'illegally'.
Expressing concern over agitation by Trinamool Congress workers outside the Central Bureau of Investigation office in Kolkata and elsewhere in West Bengal after the arrest of two ministers and others in the Narada sting case, Governor Jagdeep Dhankhar on Monday alleged that there is 'total lawlessness and anarchy' in the state and the police and administration are in 'silence' mode.
BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.
Getting four points from two outings is best start in the league for Hyderabad.
Something in Alia has surely changed after Gangubai. Her entire performance is about proving to herself and not to the world what she can do, feels Sukanya Verma.
Non-BJP chief ministers are retaliating. If the Centre can use its agencies to threaten, intimidate and jail its rivals, so can they. The fightback will get more intense, observes Shekhar Gupta.
'Last year (FY21), we had about 1 million intimated claims for Covid.' 'This year (FY22), in six months, we got about 1.6 million claims.'
'There will be partnerships between banks and fintech firms, but there will also be areas where they will be direct competitors.'
Veteran India goalkeeper Subrata Paul on Wednesday earned a massive reprieve after the National Anti-Doping Agency (NADA) revoked his provisional suspension, letting him off with a warning with regards to violation of anti-doping rule earlier this year.
The state government in its special leave petition alleged that it did not expect fair and just investigation by the central agency which is busy foisting cases against the functionaries of ruling Trinamool Congress Party.
'Before Maradona and the 1986 World Cup people were mostly fans of Brazil, but Maradona after the 1986 World Cup divided Kolkata in two halves.'
A fearless competitor who used brain and brawn in equal measure, Subhas Bhowmick was one of the most fascinating characters in Indian football through the 1970s with his muscular built and equally expressive carefree opinions.
'The overall death claims have gone up.'
'The more you challenge her, the more powerful she gets'
Observing that the Bengal governments progress in matters related to post-poll violence did not inspire confidence, the Calcutta high court on Monday dismissed the dispensation's prayer for recall of an order that directed the NHRC chairperson to form a committee to examine cases of alleged human rights violations.
'It doesn't help to transpose the Hindi heartland model on Bengal. Bengalis don't understand its dynamics. They won't comprehend the impact of Modi's dip in the Ganga because Bengal's political culture is different. Even in the Ramakrishna Mission Ashrams, Christ is worshipped on Christmas. It's difficult to polarise Bengal religiously'
Odisha FC were a little too predictable and Hyderabad's defenders were able to deal with them without too much discomfort.
India goalkeeper Subrata Paul has three weeks to present his case before an anti-doping panel after his 'A' sample tested positive for a banned substance, the chief of the National Anti-Doping Agency (NADA) said on Wednesday.
"The Election Commission, in my opinion, is theoretically correct. But, it is also true that the Election Commission had directed the administration to transfer officials with administrative duties and post them according to its direction at the time when it was in charge of the election. "If offences had occurred as a consequence of the polls, it was also the duty of the Election Commission at least to direct or advise the administration to register the complaints which it did not," Justice IP Mukerji observed.
Vicuna rang in five changes to the side that drew against SC East Bengal while Hyderabad made two changes with Liston Colaco returning to the starting eleven.
The Trinamool Congress on Friday complained to the Election Commission of partisan behaviour by central police forces in favour of its rival Bharatiya Janata Party, while the saffron party made a counter-complaint that Chief Minister Mamata Benerjee had violated the model code of conduct by being inside a polling booth in Nandigram for two hours on polling day.
The four were kept at the CBI office in Nizam Palace following their arrest in the morning from their homes in different parts of Kolkata.
Subrata Roy has been held in jail for more than a year.
Battling a long-drawn legal tussle with Sebi, conglomerate Saharas claim to have as many as 4,799 establishments under its fold, but its 'Chief Guardian and Managing Worker' Subrata Roy holds board seats on just a handful of registered group companies.
A local civil court in Hyderabad has issued an interim stay restraining Netflix from airing its web series Bad Boy Billionaires-India on a petition filed by B Ramalinga Raju who was convicted in the multi-crore accounting scandal of Satyam Computer Services Limited. The XXV Additional Chief Judge B Prathima, while issuing notices to Netflix Inc in USA, Netflix Entertainment Services India LLP and the nodal officer, department of electronics and information technology, posted the matter for further hearing on November 18 when the plea came up on Tuesday.
West Bengal Chief Minister Mamata Banerjee has moved the Supreme Court challenging the Calcutta high court's denial for filing of affidavits by her and state Law Minister Moloy Ghatak on their role on the day of arrest of four Trinamool Congress leaders on May 17 by the Central Bureau of Investigation in connection with the Narada sting tape case.
The Sahara case reveals that, in today's environment, court intervention is what makes a major difference.
The apex court had earlier imposed a condition that Roy will be freed on bail only if he pays Rs 10,000 crore (Rs 100 billion) out of which Rs 5,000 crore (Rs 50 billion) has to be in bank guarantee and rest Rs 5,000 crore (Rs 50 billion) in cash.
It was business as usual at Sahara Sahar, the sprawling estate in the posh Gomti Nagar area, where Roy's residence and the Group's corporate communication wing are located.
On Feb 26, SC issued an arrest warrant against Subrata Roy after he failed to turn up in court for hearing
Senior advocate Kapil Sibal, appearing for the state government, pointed to the members of the committee that has been formed to investigate the incidents and said, "Can you imagine these people have been appointed to collect the data? Is this a BJP investigating committee my Lords?"
'I apologise for the mean, hurtful, accurate things I said... My meme editing skills are improving,'
Naturally, the West Bengal chief minister is not leaving anything to chance, reports Ishita Ayan Dutt.
Bartholomew Obgeche (20th minute) gave the hosts early lead before Farukh Chaudhary cancelled out his strike in the 49th minute.
The ruling TMC in West Bengal was rocked by a fresh bout of desertions on Friday with Banerjee quitting the party and several other leaders rallying behind him.
Supreme Court judge Justice Aniruddha Bose on Tuesday recused himself from hearing appeals of West Bengal Chief Minister Mamata Banerjee and state law minister Moloy Ghatak about their role on the day of arrest of four TMC leaders by the CBI in the Narada sting tape case.
RuPay National Common Mobility Card's offline wallet can be used to make ticket payments in transit, including in metros, cabs, etc, enabling automatic, quick, cashless payments.
Satyajit Ray would have been a hundred years old on May 2. To mark the legendary film-maker's birth centenary, Rediff.com bring you a treasure trove of features from our archives.
West Bengal Chief Minister Mamata Banerjee on Wednesday filed her nomination for Nandigram assembly seat, where she will take on her former protege and Bharatiya Janata Party leader Suvendu Adhikari and exuded confidence of winning it saying she has never returned empty-handed from the land of anti-farm land acquisition movement.
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