Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.
The second and third positions in the 'cleanest city' category of the 'Swachh Survekshan Awards, 2021' were secured by Surat and Vijayawada, respectively.
The second and third positions in the category were grabbed by Surat and Navi Mumbai respectively.
Global brewing major SABMiller on Friday acquired 50 per cent stake of Shaw Wallace group in the brewing operations of their joint venture, Shaw Wallace Breweries.
In a year when the COVID-19 pandemic has forced the tournament to be shifted out of India, KKR look to connect with their fans virtually across the globe.
By now, monsoon should have reached the central India, including parts of Madhya Pradesh, Rajasthan, eastern Uttar Pradesh and Gujarat, but it is yet to reach Maharashtra.
Caste composition is going to be a huge determinant for winning the constituency where Vokkaligas and Lingayats constitute a vast majority, which puts Siddaramaiah in a weaker turf given that he belongs to the Kuruba community.
Almost echoing the results of analysis done by a Mysore institute, another government laboratory has said that most soft drink samples contained higher pesticides level than the European Union norms but well within the Indian safety standards.
Fashion designer Sanjukta Dutta showcased a beautiful collection of hand-crafted two-piece Mekhela Chadors at the recently concluded Mysore Fashion Week 2015.
Tipu was a ruler of the erstwhile kingdom of Mysore and considered an implacable enemy of the British East India Company.
The gorgeous showstoppers from Day One at Mysore Fashion Week.
Members of the IPL Working Group had a meeting with Kolkata Knight Riders co-owner Jay Mehta and CEO Venky Mysore on Wednesday while former India skipper Anil Kumble joined in via video conferencing in his personal capacity.
Kolkata Knight Riders new skipper Eoin Morgan says Dinesh Karthik put the team first, ahead of him being the skipper.
Kallis joined the side in 2011 as a player before replacing Trevor Bayliss as head coach in October 2015.
The watchdog says there were lapses in the tests
IT major Infosys on Tuesday said it has seen no major impact on client deliverables due to the ongoing pandemic, and has been working proactively with clients to mitigate any potential impact. The Bengaluru-based company has also enabled vaccination for 14,150 employees and their family members through its centres, and is in the process of setting up additional facilities across its campuses in India. Besides, Infosys is providing financial support, exploring training and job opportunities for the next of kin and offering necessary assistance to support dependents of deceased staff members.
Naveen Sajju talks about his journey from an orchestra performer to singing three songs in Lucia.
What do you do when you have just about 24 hours to spend in the Queen of Hill Stations in India? Here's what Aditi Bose did.
Seventy-two-year-old sports psychologist Dr Rudi Webster, who worked with World Cup-winning West Indies captain Clive Lloyd in the 1970's, is set to help Kolkata Knight Riders for the upcoming IPL season 5 beginning on April 4.
The Central Bureau of Investigation on Monday told the Karnataka high court that there was a prima facie case against former chief minister B S Yeddyurappa and his kin in the illegal mining case, which required their custodial interrogation.
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines. At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK. While the banks argued a right to waive their security over the Indian assets involved in the case in order to recover their debt in the UK, lawyers for the 65-year-old businessman argued that the funds in question involved public money held by state-owned banks in India which precluded them from such a security waiver.
While in a statement issued earlier, the Railways had said that these trains will be fully non-air conditioned, on Wednesday it said that these will have both AC and non-AC classes and fully reserved coaches.
While the number of operational airports in the country will rise to 131, other smaller towns too are seeing a surge in connectivity.
They are a photographer's ultimate fantasty, a filmmaker's wet dream come true and a dream-come-true for weary trekkers. Check out India's best waterfall destinations.
A UK court hearing an urgent application on Monday refused to sanction the release of substantial sums held with the Court Funds Office (CFO) as part of bankruptcy proceedings being pursued against liquor tycoon Vijay Mallya by a consortium of Indian banks, led by the State Bank of India (SBI).
The electoral predictions made by the various exit polls about the outcome of the Karnataka election seem to have hit bull's eye. The Congress has, expectedly, taken a major lead within the first couple of hours of counting of votes. But the trend that has surprised pundits and politicians alike is the revival of the Janata Dal - Secular, which has relegated the Bharatiya Janata Party to the third position.
Did you know that ethical hackers earn anything between Rs 800 to Rs 1,000 per hour?
'Good friends are those who advise whether something is palatable for you or not.' 'Good friends are those who are not afraid of telling the truth.'
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.
At a hearing before Master David Cook at the Queen's Bench Division of the court, Mallya's legal team sought a dismissal of the interim order.
Global private equity majors - Standard Chartered Private Equity and London-headquartered 3i - are understood to have shown keen interest to invest in the litigation-prone Rs 4,000 crore (Rs 40 billion) Bangalore-Mysore expressway being developed by Nandi Infrastructure Corridor Enterprise Limited (NICE).
The accused, along with other unknown officials, who were entrusted with the responsibility of new currency notes, "fraudulently" gave away new notes to the tune of Rs 1.99 crore to RBI officials and others.
India has built two top-secret facilities in Karnataka to enrich uranium in pursuit of its hydrogen bomb dream.
Gold production in India has dwindled in recent times.
Software major Infosys was eyeing Tier-II cities like Tiruchirapalli and Madurai in Tamil Nadu for its expansion once the global economy recovered from the current recession, a top company official has said.
R K Laxman immortalised the passive, hapless common man with an uncanny perception
It has taken 51 days to reach a daily caseload of 84,000 from 11,000, as against 85 days taken in the first wave, report Abhishek Waghmare and Sohini Das.
Forget Munnar and Manali, these places in India are worth your time.
In a ruling in May, a UK high court judge had refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that the consortium of 13 Indian banks were entitled to recover funds amounting to nearly 1.145 billion pounds.