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Split ahead? JD(U) says hasn't demanded Tejashwi's resignation, but urges him to come clean
Posted on 15th July 2017
Is Janata Dal (United) and Rashtriya Janata Dal (RJD) alliance heading towards split in Bihar over the corruption charges against Bihar Deputy Chief Minister Tejashwi Yadav?

Even though Bihar Chief Minister Nitish Kumar has not demanded resignation of Tejashwi Yadav, it has ramped up pressure on alliance partner RJD asking it to come clean on the allegations against the Deputy chief Minister.

Tejashwi, son of RJD supremo Lalu Prasad, has been named by the CBI as an accused in its probe into the land-for-hotels scam case.

"Nitish Kumar is a person of high moral values. Whatever he has had to say has been said during the Vidhan Mandal meeting earlier. Nitishji did not demand resignation. said JD (U) leader KC Tyagi told ANI.

However, Tyagi said that to continue to uphold the principles of the party, it is necessary that the concerned minister come out clean.

In response to Lalu's earlier remark of an FIR being insufficient to resign, Tyagi said an FIR is lodged only on the basis of thorough preliminary investigation.

Meanwhile, Lalu Yadav has rubbished reports that Congress President Sonia Gandhi had called him up to mediate with Nitish over the Tejashwi issue.

"There has been no conversation between Sonia Gandhi and me on this issue. I totally reject this," he said.

The RJD chief had also said that the grand alliance in Bihar is an unbreakable bond.

Meanwhile, the Bharatiya Janata Party (BJP) demanded that Bihar Chief Minister Nitish Kumar must resign so that the fresh elections are conducted in the state.

BJP leader Rameshwar Chaurasia said that Nitish should resign as he is not working as per the spirit of the mandate that he got from people of Bihar.

Union minister and LJP leader Ram Vilas Paswan said the Bihar chief minister should take a decision on his association with the RJD 'at the earliest' as Lalu Prasad could break the JD(U) to form a government of his own.

The JD(U) has 71 MLAs and the other alliance partner Congress 27 while the BJP, which is the main opposition in the House, has 53 MLAs.


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Enough assets to meet any liability, says scam-hit PNB
Posted on 22nd February 2018
MUMBAI: State-owned PNB on Thursday said it has followed lawful avenues to recover its dues following Rs 11,400 crore swindling of funds allegedly by jewellery designer Nirav Modi and associates.

The country's second largest public sector lender also reaffirmed that it has enough assets to meet any liability.


Telecom Minister Manoj Sinha says there’s no proposal to merge BSNL, MTNL
Posted on 22nd February 2018
Telecom Minister Manoj Sinha today said there are no plans at present to merge BSNL and MTNL, but asserted that the strategic plan outlined for promoting synergy among state-owned telecom firms will strengthen and benefit both the organisations. “There is no thinking in government on merging the two. But we are taking steps to ensure that collaboration between MTNL (Mahanagar Telephone Nigam Ltd) and BSNL (Bharat Sanchar Nigam Ltd) strengthens and benefits both the organisations,” Sinha said.

Sebi may tighten AIF regulations to better monitor the source of funding
Posted on 22nd February 2018
The Securities and Exchange Board of India (Sebi) plans to tighten present Alternative Investment Funds (AIF) regulations to better monitor the source of funding and their end use.

According to sources, Sebi may check the anti-money laundering policies implemented by AIFs and examine the sanctity of any back-end arrangements an AIF may have with its investors, whereby money raised in AIFs is invested back in entities owned by the investors.


Qualcomm, Microsoft offer 'always connected' PCs with smartphone features
Posted on 22nd February 2018
Global chip-maker Qualcomm Technologies and Microsoft have collaborated with leading retailers from across the world to offer new "always connected" Windows 10 PCs powered by the Qualcomm Snapdragon Mobile PC Platform.

Retailers in the US, Australia, China, Italy, France and the UK will offer a range of new Windows 10 PCs from Asus, HP and Lenovo, the companies announced on Thursday.


Sensex slips 144 points ahead of F&O expiry
Posted on 22nd February 2018
MUMBAI: The benchmark BSE Sensex fell over 144 points in early trade as investors turned cautious ahead of February derivatives expiry amid sustained foreign fund outflows and mixed Asian cues.

The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63.


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