An out-of-court settlement for division of the Bajaj empire appears unlikely anytime soon, with patriarch Rahul Bajaj accusing younger brother Shishir on Thursday of raising additional demands that cannot be met.
Even as the Bajaj imbroglio comes up for hearing before the Company Law Board (CLB) on October 23, there is every indication that this might turn out to be the longest-running family feud of all times.
Shishir, Rahul factions dissent over all-important chairmanship.
Differences still persist between Rahul Bajaj, his brother Shishir Bajaj and others on the issue of transfer of shares for finalisng the split of the Bajaj group, the Company Law Board has been informed by the lawyers.
The average housing prices declined by 2-7 per cent year-on-year during July-September in Delhi-NCR, Mumbai, Chennai, Pune, Kolkata, and Ahmedabad on lower demand amid COVID-19 pandemic, according to Knight Frank India. Prices, however, increased in Bengaluru and Hyderabad by 3 per cent and 4 per cent, respectively, during July-September 2020 compared with the year-ago period. Chennai saw the maximum fall of 7 per cent, followed by Delhi-NCR and Pune at 5 per cent. Rates dipped 3 per cent each in Kolkata and Ahmedabad, while Mumbai witnessed 2 per cent price correction.
Debutant medium pacer Murli Prasidh Krishna hogged the limelight on his first-class debut, claiming five wickets for 49 runs, as Ranji Trophy champions Karnataka dismissed star-studded Bangladesh 'A' for a paltry 158 on Tuesday, the opening day of their three-day game in Mysuru.
The sordid details of the FIR filed against these companies for issuing fake certificates only reconfirm why the second Covid-19 wave in India came like a storm in the midst of the Kumbh Mela.
Former Broadcast Audience Research Council (BARC) CEO Partho Dasgupta is the 'mastermind' of the Television Rating Points manipulation scam and there seemed more to the case than mere rigging of TRPs, as per the sessions court that had rejected his bail plea last month.
'We want the Commission to finish its work; the issue it is investigating is too crucial for its work to be left incomplete.'
'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'
Rahul Bajaj has reached an 'in-principle' agreement with his brother Shishir Bajaj on the division of the Bajaj empire, but the mercurial chairman of the two-wheeler major said the settlement had been delayed due to tax implications.
Within days of announcing that he would step down as the chairman of Bajaj Auto, Rahul Bajaj on Thursday said he expects the family feud with younger brother Shishir to be settled by June this year.
The touring Bangladesh 'A' batsmen came up with a better show on the second day of their three-day match, posting 188 for three in their second innings after Ranji Trophy champions Karnataka scored 287 in their first essay and took a handy lead of 129 runs, in Mysuru, on Wednesday.
From Congress to BJP and back to Congress, Yashpal Arya, who was Uttarakhand's transport and excise minister in the Dhami government till the other day, has resigned and returned to his womb. But he is not the only one in the Land of the Gods to do so, reports Shishir Prashant.
'Not giving the Commission space in Mumbai is an insult to Maharashtra's Dalits who are waiting for the inquiry report.'
The restoration work of the Kedarnath shrine, which was destroyed in last year's floods, will be done by the Archaeological Survey of India.
The sentiment in the real estate industry turned optimistic during October-December 2020 and the outlook for the next six months is positive on the back of revival in demand for both residential and office properties, according to a survey by Knight Frank India-FICCI-Naredco. The 27th edition of 'Real Estate Sentiment Index Q4 2020 survey' of developers, banks, financial institutions and private equity players operating in the sector was released on Monday in a video-conference. As per the report, the 'Current Sentiments Score', for the first time in 2020, entered the optimistic zone at 54 points in Q4 (October-December) 2020, a significant jump of 14 points over the previous quarter.
Wednesday's expansion shows that Modi still has a keen eye on Bengal. The BJP is gearing up for the panchayat elections in Bengal next May and the Lok Sabha elections in 2024.
Sanjay Gupta, author of The Himalayan Face-off: Chinese Assertion and the Indian Riposte and deputy executive editor with the Hindustan Times, talks to Rediff.com's Vicky Nanjappa on Chinese incursions, Beijing's worrying defence budget, the curiosity generated over ties with our neighbours and more.
The plea, filed by advocates Shishir Chaturvedi and Karunesh Kumar Shukla, said that apart from private individuals and members of state Sunni Board, the presence of central and state government representatives was essential to ensure proper management of the funds.
Bollywood cheers Madhuri's Marathi film debut.
The task for RS Rawat to enter the assembly might not be easy, especially with the ongoing situation arising out of Covid-19, lack of vaccines and allegations of poor hospital facilities, reports Shishir Prashant.
'If the chief minister says there are areas in her home state where she cannot enter, where has she driven the state to!'
The catastrophe in Uttarakhand may have been unprecedented, but it is not as if the state government wasn't unaware of the looming threat. Government reports had warned of the unchecked dangers of urbanisation, and from power projects, notes Shishir Prashant.
The analyst said since servicing of principal and interest on loans will beome challenging for mall operatos in the next couple of months.
No report of the violence was sent by Mumbai's police commissioner to the government. Why was the violence then considered serious enough to be included in the Terms of Reference? Was it a balancing act to counter the accusations that were then being made against Hindutva leaders Sambhaji Bhide and Milind Ekbote?
Having returned from a visit to the flood-hit areas in Uttarakhand, the state's former chief minister B C Khanduri tells Shishir Prashant that Congress Vice-President Rahul Gandhi's visit to the state in the light of restrictions made earlier by the home ministry on VIP movements in the affected areas, was a 'totally childish activity'
Shah also rejected West Bengal Chief Minister Mamata Banerjee's charge that Prime Minister Narendra Modi's visit to a temple of the Matua community -- which is in sizeable number in the state -- during his trip to Bangladesh violated the poll code.
A huge controversy erupted on Sunday amid the polling for 30 assembly seats in West Bengal, with the Bharatiya Janata Party releasing an audio clip where Chief Minister Mamata Banerjee is purportedly heard cajoling a BJP leader from Nandigram to rejoin the Trinamool Congress and help her win the seat.
BJP leaders also say it will be a very difficult task before the new chief minister pleasing the 56 party MLAs, reports Shishir Prashant.
Former India captain Bishan Singh Bedi praised vice-captain Ajinkya Rahane for his attacking unbeaten half-century which helped the visitors make a strong reply with the bat during Day 2 of the second Test against Australia.
Uttarakhand Chief Minister Vijay Bahuguna tells Shishir Prashant infighting within the Bharatiya Janata Party is more severe in the state than in the ruling Congress
'The circumstances indicate that the government is not serious about the commission...' '...We are not at the mercy of the government.'
Housing sales fell 37 per cent year-on-year during the 2020 calendar year while gross office space leasing declined 35 per cent on low demand because of the coronavirus pandemic, but demand improved significantly in the last quarter to cross pre-COVID level, property consultant Knight Frank India said on Wednesday. In its 'India Real Estate - Residential and Office Update H2 2020' report released on Wednesday, the consultant reported that sales of residential properties fell 37 per cent to 154,534 units in 2020 across eight cities as compared with 245,861 units in the previous year.
The prime minister is expected to take up matters related to the deepening of cooperation among IBSA countries, says rediff.com's Shishir Bhate, who is travelling with the prime minister to South Africa.
The statement comes in the midst of countrywide protests against the new citizenship law.
'The EC's role in this is questionable. What is the reason for this delay? Are they waiting for instructions?'
