Sending a signal of solidarity to the BSP whose lone candidate backed by it lost in the Rajya Sabha polls, the Samajwadi Party (SP) has cancelled the victory celebration
SBSP president Om Prakash Rajbhar has sought an explanation from two party MLAs following reports that they cross-voted in the Rajya Sabha election.
JD(S) today suffered a setback when four of its rebel MLAs resigned from the Karnataka Assembly, a day after cross voting in favour of Congress' Rajya Sabha candidates.
The BJP has made a significant gain of 11 additional seats while the Congress made an overall loss of four in the biennial elections to 58 Rajya Sabha seats.
BJP on Friday scored a major victory when its candidate defeated a BSP nominee for the 10th seat in the Rajya Sabha biennial elections
The government said that no exemptions from tax refund had been given to the northeastern and hilly states under the Goods and Services Tax (GST) regime till March 2027.
State-owned Punjab National Bank (PNB) has witnessed losses to the tune of Rs 14,500 crore due to fraud so far in this fiscal, Parliament was informed this week.
PNB had issued as many as 41,178 LoUs since 2011, of which 1,590 were given to Nirav Modi, Mehul Choksi and their associates, the finance ministry has said.
Proposed merger of three PSU insurers will help in effective use of infrastructure and improve solvency margins, Finance Ministry said in Rajya Sabha.
Parliament passed The Payment of Gratuity Bill which seeks to empower govt to fix the period of maternity leave and the tax-free gratuity amount with an executive order.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months