A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the high court in London upheld an application to amend their bankruptcy petition, in favour of waiving their security over the embattled businessman's assets in India. Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs handed down his judgment in favour of the banks to declare there is no public policy that prevents a waiver of security rights, as argued by Mallya's lawyers. At a virtual hearing, July 26 was set as the date for final arguments for and against granting a bankruptcy order against the 65-year-old Mallya after the banks accused him of trying to "kick matters into the long grass" and called on the "bankruptcy petition to be brought to its inevitable end".
In the Upper House of Parliament, Chairman M Venkaiah Naidu did not allow adjournment notices moved by opposition members on the issue of price rise, prompting members of the Congress, the Trinamool Congress, the Left parties, the Dravida Munnetra Kazhagam, the Aam Aadmi Party, the Nationalist Congress Party, the Rashtriya Janata Dal and the Shiv Sena to create an uproar.
For the past one week, Modi has been holding in-person meetings with Union ministers apparently to take stock of the work done by the government in the last two years and to discuss various issues.
Prashant Kishor feels that the Congress is a national party that can counter the BJP.
As the Opposition held its first meeting on the Presidential polls and names of Farooq Abdullah and Gopalkrishna Gandhi also cropped up, the ruling Bharatiya Janata Party reached out to several parties across the political spectrum to build a consensus choice with senior party leader and Defence Minister Rajnath Singh speaking to Sharad Pawar, Mallikarjun Kharge (Congress), Mamata Banerjee (Trinamool Congress), Akhilesh Yadav (Samajwadi Party) and Naveen Patnaik (Biju Janata Dal).
Congress President Rahul Gandhi met disgruntled Karnataka MLAs led by M B Patil in the national capital but the talks remained inconclusive.
'If Shivakumar and Deve Gowda play the match well, this government will complete five years.'
Justice V Gopala Gowda's name has been considered positively by the Trinamul Congress as well as the Left.
Leaders from across the political spectrum came out and congratulated Shiv Sena chief Uddhav Thackeray after he was sworn in as the Maharashtra chief minister.
Even as Janata Dal-Secular leader Veerendrakumar says that he will vote against the United Progressive Alliance in the trust vote even if a whip to support the motion is issued, the JD-S camp in Bengaluru maintains that the party is united and there will be no difference of opinion.
Jawaharlal Nehru, Indira Gandhi and Manmohan Singh, all from the Congress, are the three longest serving Indian prime minister in that order.
The statistics ministry has proposed the new base year for GDP and IIP as 2017-18 while for CPI it will be 2018.
His father Somappa Rayappa Bommai was the state chief minister during 1988-1989.
Parliamentarians and legislators across the country voted on Monday to elect India's 15th president, choosing between opposition pick Yashwant Sinha and National Democratic Alliance nominee Droupadi Murmu who is favoured to win the battle to the Rashtrapati Bhavan.
While Prakash has hinted at leaving the JD-S in the past, party chief Deve Gowda seemed unaffected, sarcastically saying that anyone who wanted to join Prakash was welcome to do so.
With the Congress unable to make up its mind, Deve Gowda's in power once again.
Sources said Modi also called up various leaders, including Mulayam Singh Yadav and Akhilesh Yadav of the Samajwadi Party, West Bengal Chief Minister Mamata Banerjee, Odisha CM Naveen Patnaik, Dravida Munnetra Kazagham's M K Stalin and Shiromani Akali Dal leader Parkash Singh Badal.
Basavaraj Bommai on Wednesday took charge as the new Chief Minister of Karnataka, ending months of speculation about the change of guard in the state.
Polling for 16 Rajya Sabha seats in four states will be held on Friday amid allegations of attempts at horse-trading by rival parties which have corralled their MLAs in hotels and scenic resorts, prompting the Election Commission to appoint special observers and order videography of the entire exercise.
The protesters poured into the city from different parts of the state, particularly the Vokkaliga stronghold of Old Mysuru region, in response to "Raj Bhavan Chalo" call given by various outfits of the community.
The Rajya Sabha member was not keeping well for the past few days and was admitted to a private hospital in Lucknow, where he died around 7 pm.
The 78 year-old Yeddiyurappa was earlier hospitalised on August 2, 2020 after he tested positive for coronavirus.
Congress on Tuesday slammed the Railway Budget as "pro-rich" with former Congress leader Mukesh Sharma removing Sadanand Gowda's nameplate, stepping on it in protest of what the party has called a anti-poor budget.
The Railway Minister has announced that there is an urgency to attract FDI in Railway projects.
India is mushrooming with Deve Gowda wannabes because being a former prime minister is better than being a former chief minister, says Shekhar Gupta.
The Indian Railways proposes to introduce 58 new trains which includes five Jansadharan Trains, five Premium Trains, six AC Express Trains, 27 Express Trains.
The programme will also include all the age-group national teams and the 'A' squads.
There is disquiet and discomfort in the citizenry that can be touched and felt. No one is talking, but then, the Indian voter has not talked much -- with the conviction that all that goes up has to come down, observes N Sathiya Moorthy.
If there is unity in the Opposition, it is only about regional parties other than the DMK not wanting Rahul Gandhi or any other Congress leader for prime minister, observes N Sathiya Moorthy.
With Eranna Bhimappa Kadadi and Ashok Jasti -- one Lingayat and one from the OBC -- named as BJP's candidates for the upper house, bypassing the recommendation of the state unit chief Nalin Kumar Kateel and Chief Minister BS Yediyurappa, as well as the core committee of the state, BJP leaders in Karnataka say the move is calculated to diminish the stature of the CM and create conditions for him to be eased out.
Prime Minister Narendra Modi has boosted the representation of backward castes, dalits, tribals and women in his Council of Ministers in a big shake-up of his government with a focus on politically crucial states, including the all-important Uttar Pradesh.
The 84-year-old priest-activist Stan Swamy, arrested under the anti-terror law Unlawful Activities (Prevention) Act in the Elgar Parishad case, died at a Mumbai hospital Monday in the middle of his fight for bail on health grounds.
The government has capped the trade margin on oxygen concentrators at 70 per cent in order to keep in check the price of the much in demand critical life saving component amid the second wave of the coronavirus pandemic. The trade margin has been capped at 70 per cent on price to distributor level on oxygen concentrators. In an official release, the chemicals and fertilisers ministry said the decision has been taken in view of the extraordinary circumstances arising due to the pandemic which has resulted in volatility in Maximum Retail Prices (MRP) of oxygen concentrators.
Neerja Chowdhury spoke to former prime minister and JD-S H D Deve Gowda about the ongoing political crisis in Karnataka.
A preliminary enquiry into the complaint is still being carried out by the Delhi Police's Special Cell team and no FIR has been registered in the matter yet, officials said.
Expressing "surprise" over the Supreme Court verdict striking down the National Judicial Appointments Commission Act, Union Law Minister D V Sadananda Gowda said.
In a joint letter to the prime minister, the opposition leaders, including some chief ministers, have also demanded providing foodgrains to the needy, and giving Rs 6,000 per month to the unemployed.
The Congress is looking at Channapatna to take revenge on the JD-S which, it believes, has an underhand deal with the BJP to stop it from getting a majority.
'She has just one objective. To win the next election. Nothing else matters.'
Gowda told media persons that he appraised the Governor of the situation in the wake of nine Cabinet ministers resigning from their posts.
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