Seven Aam Aadmi Party (AAP) MPs have officially merged with the BJP in the Rajya Sabha, reducing AAP's strength in the Upper House. The move increases the BJP's presence and has been criticised by AAP as unconstitutional.
Maharashtra NCP president Sunil Tatkare has acknowledged awareness of merger talks between his party and the Sharad Pawar-led NCP-SP, while reaffirming the party's commitment to the BJP-led NDA alliance.
Two months after the death of Ajit Pawar, leaders within the Nationalist Congress Party (NCP) are advocating for a merger with the Sharad Pawar-led NCP (SP), amidst internal disputes and banner controversies.
Senior NCP (SP) leader Jayant Patil has ruled out the possibility of a merger between the two factions of the Nationalist Congress Party, stating that talks ceased following the death of Ajit Pawar.
Former Mohun Bagan President Swapan Sadhan Bose, known as 'Tutu Babu', has died at the age of 79 after suffering a cardiac arrest. He played a significant role in shaping Mohun Bagan, serving in various capacities for over three decades and overseeing transformative decisions.
Former Mohun Bagan president Swapan Sadhan Bose, known as 'Tutu Babu', has died at the age of 79 after suffering a cardiac arrest. He played a key role in shaping Mohun Bagan in the modern era, including the merger with ATK.
Senior NCP leader Hasan Mushrif admitted that Ajit Pawar was holding talks with NCP (SP) leaders on the merger of the two factions before his death.
Speculation about the NCP merger arose after Ajit Pawar's death, with conflicting claims about the status of the talks.
After his death, Sharad Pawar and other leaders of his party claimed that merger talks were in advanced stages and Ajit Pawar had finalised February 12 as the date to announce reunification between the rival factions.
NCP Maharashtra president Sunil Tatkare reaffirms the party's commitment to the BJP-led NDA, dismissing merger speculations and emphasizing the ideology of the late Ajit Pawar.
NCP MP Sunil Tatkare's remarks came amid the suspense over a merger of the two NCP factions
Despite recent gains, the BJP-led NDA is unlikely to achieve a two-thirds majority in the Rajya Sabha in the near future, highlighting the challenges in passing key legislation requiring constitutional amendments.
The process to merge the Nationalist Congress Party-Sharadchandra Pawar and the Nationalist Congress Party may now face a roadblock due to the death of Ajit Pawar, said Sharad Pawar on Saturday.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
Most defections originated from three major parties -- the Congress, BJP and BSP.
On reports of the BJP opposing the NCP merger, Fadnavis asserted that his party hasn't opposed anyone.
A close associate of Maharashtra Deputy Chief Minister Ajit Pawar claims that Pawar was actively pursuing a merger of the two Nationalist Congress Party (NCP) factions before his death. The associate, Kiran Gujar, stated that Pawar had indicated the merger was imminent just days before a fatal plane crash.
Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Raghav Chadha explains his decision to leave the AAP, citing a 'toxic' work environment where leaders were allegedly prevented from working and speaking freely.
SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.
Investors have put money in Ambuja Cements shares as the cement major has moved to consolidate its operations. The Adani Group company has proposed to merge its subsidiaries ACC and Orient Cement into the parent entity.
The delimitation of constituencies, which aimed to reduce the influence of minority candidates, is a significant factor in the NDA's strong performance in the Assam elections, where they secured a record 102 seats. The 2023 delimitation exercise redrew constituencies, reserving some Muslim-majority seats for indigenous communities, which increased the BJP and its allies' seat count.
The Aam Aadmi Party has petitioned for the disqualification of seven Rajya Sabha MPs who defected to the BJP, citing violation of the anti-defection law and betrayal of the people's mandate.
The AAP government in Punjab successfully moved a Confidence Motion in the state assembly, following the defection of seven Rajya Sabha MPs to the BJP. Chief Minister Bhagwant Mann asserted the party's strength and national presence during the special session.
The Punjab police registered two FIRs under sections for non-bailable offences against Rajya Sabha MP Sandeep Pathak. Both FIRs were filed in different districts of Punjab.
HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.
Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.
'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.
The criminal trial of Israeli Prime Minister Benjamin Netanyahu is set to resume after being suspended due to emergency restrictions imposed on the judiciary amid the ongoing conflict with Iran.
HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.
Puducherry witnessed a historic voter turnout of 89.87% in the recent Assembly elections, the highest since 1964. The election saw a contest between the NDA and Congress-led bloc, with other parties also vying for influence. Polling was largely peaceful, with a minor clash reported.
'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'
Voters in Kerala, Assam, and Puducherry are voting in crucial assembly elections.
HDFC Bank's leadership addresses the sudden resignation of its chairman, citing ethical concerns, and attempts to reassure stakeholders about the bank's governance and future stability.
Small parties have the capacity to play both ends against the middle. Puducherry could be heading that way, points out Aditi Phadnis.
The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.
Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.
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