With Sathya Sai Baba's last rites performed on Wednesday, the next question which arises is that of the future of Puttaparthi. There has been speculation regarding the future of Puttaparthi after Baba's passing away on Sunday, and the members of the trust will brief the media on this issue at 11 am on Thursday.
Following the demise of Sathya Sai Baba, the Andhra Pradesh government, which has been in talks with the trustees at Puttaparthi, wants to ensure that the take over of the trust should be free from any controversy.
News from Puttaparthi continues to be grim with the latest medical bulletin on Saturday morning stating that the condition of Sathya Sai Baba continues to be critical.
Giving a completely new dimension to the entire controversy that dogged the temple town of Puttaparthi, Ratnakar -- a trustee in the Sri Satya Sai Central Trust and Sai Baba's nephew -- has said that the Rs 35.5 lakh, which was seized in transit by the police, did not belong to the trust.
Retirement fund manager EPFO has decided to suspend further investments in the LIC Housing Finance till CBI completes investigations into the alleged involvement of its top official in the bribes-for-loans scam.
Sathya Sai Baba's ashram Prashanthi Nilayam at Puttaparthi in Andhra Pradesh, which had gone quiet after the death of the spiritual guru on April 24, is back in the news with the trustees finding cash of Rs 11.5 crore, 98 kgs of gold and silver articles weighing 307 kilograms from his private room. The money and valuables took 36 hours to count.
The judges said both the matters were similar involving entry of women in the religious shrines, and hence they would like to see what view would Supreme Court take on the issue before they give a ruling on the interim relief sought by the petitioner in the Bombay high court.
The order said the NGO has transferred an amount of Rs 2.46 lakh from its foreign contribution designated account to Sabrang Trust domestic account, thus mixing of domestic and foreign funds and violating the rules.
Finance Minister Pranab Mukherjee will soon give the green signal to the payment of 9.5 per cent interest rate on provident fund deposits during 2010-11, a senior government official said on Tuesday.
Ussue will be raised at the meeting of the Central Board of Trustees of the Employees Provident Fund Organisation on Tuesday.
"The huge foreign currency recovered during raids from the Gyuto Monastery, the transit home of the Karmapa, are donations and offerings from devotees and the Karmapa has no links with it as the affairs of the trust are managed by trustees," Chief Secretary Rajwant Sandhu told media persons in Shimla.
At least 30 people have lost their vision after they underwent cataract surgeries conducted by a charitable trust-run hospital at Mandla in Madhya Pradesh.
Some of the rare personal belongings of Mahatma Gandhi, including spectacles and sandals, exhibited at Kasturba Dham near Rajkot have gone missing, the memorial's manager has claimed.
The rumour is that he has in his possession a will that names him as the person who will have absolute control over the trust.
The Trust has been running a vocational training centre on state land allegedly without proper authorisation.
Thanks to Nagpal's effort to point out the calculation errors, EPFO managed to spot some additional resources to increase the interest rate.
Gujarat police opposed in the Supreme Court the anticipatory bail plea of Teesta Setalvad.
Retirement fund body EPFO on Wednesday said its corpus of about Rs 3.5 lakh crore will now be managed only by one of the existing fund manger, SBI, for a three month period ending June 30 as an interim arrangement.
Often criticised for offering less attractive interest rates than banks for most of the last five years, retirement fund manager EPFO hiked the annual rate of returns on employee provident funds to 9.5 per cent in 2010 and this time around, the banks were left behind.
The apex court had made it clear that it would not go by "sentiments".
The finance ministry wants the Employees' Provident Fund Organisation to bypass the central board of trustees when deciding how to invest a portion of the Rs 5-lakh crore (Rs 5 trillion) provident fund corpus in the capital market.
The idea behind Bharatiya Yuva Shakti Trust (BYST) is to support 'disadvantaged, young micro-entrepreneurs from the underprivileged background, with mentors, training, networking, marketing and loans'.
'My elephants saved my life.' 'They love me more than my family members who only love my property.'
With Rs 5.5 crores and counting, Mumbai's favourite Lord Ganesha, Lalbaugcha Raja, has turned richer this year.
The 15% invested every month in equity would be allotted to subscribers in the form of units.
Many factors lead to suicidal thoughts -- family issues, unemployment, financial troubles, mental health, drug addictions, pressures from school/college or work. On World Mental Health Day, October 10, Anna Chandy lists the warning signs.
Student organisations of three political parties on Saturday held a demonstration in the office of the Deputy Director of Education, Pune, Suman Shinde to demand action against the Shamrao Kalmadi College for allegedly extorting money for admission.
The Karnataka High Court has refused to grant a stay on an appeal against City Civil Court's order of April 8 directing the trustees and Britannia Industries to pay the outstanding pension dues as per fund rules to the petitioners within the next two months.
Sebi on Monday asked mutual funds to give investors an exit option when they change the mode of computation of total expenses charged from unit holders, as mandated by new guidelines issued by the market regulator.
Price has been fixed at Rs 85.3cr
EPFO had started investing ETFs in August last year.
Naik, the founder of proscribed Islamic Research Foundation, has been asked to appear before the anti-terror agency at its headquarters in Delhi on March 14
On August 26, the Bombay HC had lifted the ban imposed on women from entering the inner sanctum of Mumbai's Haji Ali Dargah.
Concern is growing among healthcare experts who believe that if people do not follow the lockdown or social distancing seriously, the situation can quickly go out of control.
Experts view this as a case of "failed experiment" in succession
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
In a brief letter to his colleagues and shareholders, Dimon disclosed that the cancer was detected quickly and is confined to the original site and adjacent lymph nodes on the right side of his neck with no evidence of cancer elsewhere in his body.
The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.
The Art of Living foundation will hold a three-day World Culture Festival in New Delhi (March 11-13), a mega event celebrating the foundation's 35 years. It hopes to bring together 3.5 million global citizens
Togadia said he would go on an indefinite fast from Tuesday to push the Hindutva cause.
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