Agreement with Congress on 240 Maharashtra Assembly seats: Sharad Pawar

Agencies
July 28, 2019

Pune, Jul 28: Nationalist Congress Party chief Sharad Pawar on Sunday said his party and the Congress had come to an agreement on 240 of the 288 Assembly seats in Maharashtra, polls for which are scheduled for later this year.

He also said the Raj Thackeray-led MNS was mulling boycotting the Assembly polls due to reservations about Electronic Voting Machines.

Speaking to reporters here, Pawar added that leaders of both the principal opposition parties would now speak to other groups like the Swambhimani Paksha for the remaining of the seats.

"The NCP and Congress have reached an understanding on 240 seats for the state Assembly elections," he said.

Pawar said seat-sharing talks will be completed and the constituency-wise list of candidates will be readied in the next few days.

Speaking on the Maharashtra Navnirman Sena joining the Congress-NCP alliance, the NCP president said, "I met some MNS leaders in Mumbai. Recently Raj Thackeray met Sonia Gandhi. MNS leaders have strong feelings against EVMs and they feel some decision needs to be taken in this regard. The MNS is in favour of boycotting the elections but this is not acceptable to us," he said.

He added that a lot of parties at the national level were against the use of EVMs in elections and the matter is in the court as well.

"But no one has reached a decision to boycott the elections," he said.

Talking about some of his party leaders switching over to the ruling BJP and Sena, Pawar said, "Those in power are misusing it and taking help of agencies such as Enforcement Directorate, Income Tax, CBI and ACB to compel leaders from other parties to join them," he said.

He accused Chief Minister Devendra Fadnavis and other ministers of the BJP of poaching leaders and said the phenomena was at work in other states like Karnataka, Madhya Pradesh and Rajasthan.

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News Network
February 10,2020

New Delhi, Feb 10: Former Jammu and Kashmir chief minister Omar Abdullah's sister on Monday moved the Supreme Court to challenge his detention under the Public Safety Act.

Senior advocate Kapil Sibal, appearing for the petitioner, mentioned the matter for urgent listing before a bench headed by Justice N V Ramana.

Sibal told the bench that they have filed a habeas corpus petition challenging the detention of Abdullah under the PSA and the matter should be heard this week.

The bench agreed for urgent listing of the matter.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
February 11,2020

New Delhi, Feb 11: The government has decided to rename National Institute of Financial Management (NIFM), Faridabad, as Arun Jaitley National Institute of Financial Management, an official statement said on Tuesday.

Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service. The Union Finance Minister is the President of the NIFM Society.

"Aligning the vision and aspiration of the Institute for the future with the vision and contribution of late Arun Jaitley, the Government has decided to rename National Institute of Financial Management (NIFM) as the Arun Jaitley National Institute of Financial Management(AJNIFM)," the statement said.

NIFM has become a premier resource centre to meet the training needs of the central government for senior and middle level of management in the fields of public policy, financial management, public procurement and other governance issues for promoting highest standards of professional competence and practice.

Padma Vibhushan awardee Jaitley was the Union Minister for Finance and Corporate Affairs during May 26, 2014 to May 30, 2019.

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