LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
In the morning, he offered prayers at the Dashashwamedh Ghat and the Kaal Bhairav temple in Varanasi.
'Lalu is Lalu. His presence in the election campaign will make a difference for the Mahagathbandhan.'
Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
Please promise, especially those millions who trust you with their hard-earned money, never to let your voting preferences determine your actions on the markets. The most appalling and scary phenomenon was fund houses and brokerages going out on election yatras and writing copious reports promising more than 300 for the BJP. That was your wish as voters. Your investors are paying for it now, points out Shekhar Gupta.
On Friday, Paswan had said "any uneducated person becomes chief minister nowadays," in a veiled jibe at Rabri Devi.
There is a view that heavyweight portfolios like home, finance, defence and external affairs besides education and culture, two ministries with strong ideological hues, will be kept by the BJP, while its allies can get anywhere between five to eight cabinet berths.
With two phases of voting already completed, political parties are busy with filing nominations, addressing roadshows and undertaking hectic campaigns for the constituencies that will vote this month.
Manjhi's son Santosh Suman, who is a minister in the Nitish Kumar cabinet, made the statement a day after reports emerged that a seat-sharing formula has been arrived at in the National Democratic Alliance, and the HAM was likely to get only one of the state's 40 constituencies.
Defence Minister Rajnath Singh on Sunday claimed that Prime Minister Narendra Modi has been receiving invitations for functions scheduled much after the Lok Sabha polls, which showed the 'entire world believes his return to power is inevitable'.
"Lok Janshakti Party spent the year 2012 in Jan Sampark Yatra. We worked on all issues, be it Rs. 82,000 crores large-scale corruption or 6,000 MNREGA scandal or people dying after consuming illicit liquor. We conducted the Jan Sampark Yatra on all these issues in 2012 and we announced that we would take out a yatra in 2013. It is after intense thinking that we named this yatra as Bihar Bachao yatra," Paswan told mediapersons here.
The RJD polled the highest vote share in Bihar, but it was not reflected in the number of seats it won.
Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.
Atal (Bihari Vajpayee), Advani and Joshi have contributed a lot for the BJP to reach where it is now, he said.
To mollify the protesters, Jyotiraditya Scindia drove to the palace gate and asserted that he stood by them and Goyal.
Eight Union ministers, two former chief ministers and one ex-governor are among those who are set to test their electoral fate in the first phase of elections on April 19 when 102 seats across 21 states and Union territories will go to polls.
Rafael Nadal reached the final of the Barcelona Open for the ninth time by beating German Philipp Kohlschreiber 6-3, 6-3 on Saturday.
In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.
The BJP's outreach to Paswan, son of late stalwart Dalit leader Ram Vilas Paswan, underscores its push to bring him back into the NDA's fold after he walked out of the alliance in Bihar in the 2020 state assembly polls to campaign against Chief Minister Nitish Kumar, who was then the BJP's biggest ally.
On the sets of One and Only, a romantic film starring newcomer Chirag, son of Lok Janshakti Party's president Ram Vilas Paswan.
Syed Firdaus Ashraf/Rediff.com does a deep dive into four elections when Narendra Modi resorted to anti-Muslim fervour and points out that Hindu-Muslim politics does not necessarily mean victory for the BJP.
Lok Janshakti Party-Ram Vilas leader Chirag Paswan has decided to return to the National Democratic Alliance, Bharatiya Janata Party chief J P Nadda announced on Monday, hours after Paswan met Union Home Minister Amit Shah, a day before the crucial meeting of the ruling coalition.
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Shedding his discomfort with the Rashtriya Janata Dal, Lok Janshakti Party chief Ram Vilas Paswan on Thursday announced that the two parties, along with the Congress, would contest the next Lok Sabha elections jointly in Bihar.
Exigencies of electoral politics and individual ambitions often stoke family feuds and sibling rivalries.
The Mahagathbandhan's seat-sharing announcement comes a day after the filing of nomination papers for the first phase of Lok Sabha polls was over.
A women offers prayers to the Sun God on the occasion of the Chhath Puja in Bhubaneswar.
Former Maharashtra chief minister Vilas Deshmukh on the lack of support from the Congress, the proposed electoral alliance with the NCP, and his son's entry into films.
This is the first time that Nagaland is witnessing the victory of so many political parties in the state assembly elections. LJP (Ram Vilas) and RPI (Athawale) are newbies in the state politics.
The maiden voyage has 32 tourists from Switzerland signing up for the entire length of the journey.
Scenes from the National Democratic Alliance meeting at the Ashoka Hotel in New Delhi, July 18, 2023.
If the party's members aren't sure what it stands for, see no path to wealth or power, and endure control by a dynasty, which, almighty as it is within the party, cannot get them the votes, they are likely to explore options, notes Shekhar Gupta.
BJP sources said a meeting of the National Democratic Alliance is expected to take place soon to highlight its growing strength and to dispel the impression that the departure of some of its oldest allies such as the Uddhav Thackeray-led Shiv Sena, Shiromani Akali Dal and the Janata Dal-United have the left the saffron party without a major partner.
The cruise which was scheduled to dock at the shore for the tourists to visit Chirand, an archaeological site, got stuck because of water deficiency in the Ganges near the Doriganj area of the district.
In the early hours Monday, his body arrived under fireworks in the city of about 430,000 people from Sao Paulo's Albert Einstein Hospital.
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
Union minister Pashupati Kumar Paras on Saturday said he will contest the next Lok Sabha polls from Hajipur, rebuffing his nephew Chirag Paswan who has staked claim on late father Ram Vilas Paswan's constituency.
The constituency is being represented by senior BJP leader and Union minister Raosaheb Danve, who has won this seat five times on the trot.
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