Madhavrao Scindia briefly left the Congress in 1996 and was later pacified to rejoin ranks
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
Telugu film star and Jana Sena Party chief Pawan Kalyan has launched a vitriolic attack on the Centre for denying special category state status to Andhra Pradesh.
Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
Simona Halep lost her chance to go on a court she likened to "a very nice hotel" after she checked out of Wimbledon early following a shock 5-7, 6-4, 6-3 defeat by 106th-ranked Slovakian Jana Cepelova.
Unlike any other national asset, which is typically sold to the highest bidder, the profile of the bidder is the most important criterion for a licence to bank, and even for acquiring more than 5 per cent stake, explains Tamal Bandyopadhyay.
His announcement came amid indications that the TDP, which recently pulled out its ministers from the Narendra Modi government, was toying with the idea of quitting the NDA.
A 48-hour bandh is being observed in North Bengal to oppose the tripartite agreement to be signed on Monday to pave the way for setting up of the Gorkhaland Territorial Administration, the new hill council in Darjeeling. The shutdown has been called by plains-based organisations Amra Bangali, Jana Jagaran and Jana Chetana to protest the move.Private cars and buses remained off the roads and shops and markets were closed in Siliguri.
It is hard to escape the feeling that solving the problems of 2020 and 2021 will require something special which at the moment is not on view, observes Aakar Patel.
The Bharatiya Janata Party and Congress on Sunday were set to share the honours in the Lok Sabha and assembly bye-elections in 13 states.
If you are running a sweetmeat shop, will you manage a dairy for milk supply or buy milk from the market? Banks are running a dairy (which has its cost for processing milk), while NBFCs are buying milk from the market, observes Tamal Bandyopadhyay.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
Four draws and two wins on Under-20 boards helped India pull off the victory against the Chinese.
The new party office is located at Deen Dayal Upadhyay Marg and will make the BJP the first major national party to shift its office outside Lutyens' Bungalow Zone.
For now, the concerns over bad loans have taken a back seat; a bigger challenge for the banking community is credit growth, explains Tamal Bandyopadhyay.
'With the big political job done, the time has come to pay attention to the economy, which is the main problem now,' argues T C A Srinivasa Raghavan.
'The only reason why it has taken him in is to rile the Congress and also to show, yet again, how fleet-footed the saffron camp is when it comes to raiding the pastures of its rivals,' notes Amulya Ganguli.
It may be recalled that a large number of TDP leaders have switched over to the TRS in the last few years which has weakened the party substantially in Telangana.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.
While a DFI will help banks derisk their loan portfolios, creation of a bad bank will clean up their balance sheets.
The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay.
Rediff Labs analysed the 2013 assembly election results to develop a Sentiment Meter for the 2018 electoral battle.
Kerala CM wrote to EAM S Jaishankar, seeking his intervention in the matter.
Protesting beef fests organised by political parties and organisations, a Hindu outfit in Coimbatore on Monday said it would stage a counter-agitation serving pork meat.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
Join hands to clean water, ensure regular testing at little cost.
Venkateswarlu, in the video, hoped his elder brother and sister-in-law would look after his son. He wanted his wife to re-marry and live a happy life.
Heckling, confrontation and strong-arm tactics don't come to him easily, reveals Aditi Phadnis.
Former Gujarat chief minister Keshubhai Patel died in Ahmedabad on Thursday after prolonged illness, family sources said. Patel (92) had recovered from Covid-19 recently and was rushed to a hospital in Ahmedabad on Thursday morning following health complications, the sources said.
Raising the matter during Zero Hour, Chatterjee, a BJP member, said Lord Shri Ram signifies noble thought and honesty and the state of West Bengal should be run by people who believe in these.
Is anyone in the BJP listening -- to what Nitin Gadkari had to say, but possibly left unsaid? asks N Sathiya Moorthy.
Sharif replied, 'Why not this is your house', say sources.
The 'Rawalpindi Express', considered the fastest bowler in history said he does not understand why the civilian sector cannot work in collaboration with the Armed forces.
If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
The Sikhs love a good fight, and that's what the Modi government has given them.
Soon after the above government order was released, the Opposition strongly condemned the move.
The prime minister also suggested a single voters' list for Lok Sabha, assembly and panchayat polls, saying separate lists are a waste of resources.
RSS leader Prafull Goradia, who recently quit BJP, is at the forefront of efforts to revive the Jan Sangh.
