Chennai, May 25 (IANS) With the 15-day deadline for condoning the actions of 25 AIADMK MLAs who defied the party whip and voted for the TVK government during the May 13 trust vote ending on May 27, signs are emerging that both factions within the AIADMK may be moving towards an amicable settlement to avoid escalating political and legal consequences.The rebellion had triggered a serious internal crisis within the party after 25 MLAs supported the TVK government despite the AIADMK leadership dire…
Latest Reconciliation News & Updates
Chennai, May 23 (IANS) Signs of a possible thaw have begun to emerge within the AIADMK, with reconciliation efforts gathering momentum after the party’s internal rebellion appeared to lose steam following Chief Minister C. Joseph Vijay’s decision to complete his Cabinet expansion by inducting representatives from alliance partners VCK and IUML. Political observers believe the latest development may have altered the calculations of dissident leaders, opening the door for negotiations aimed at…
New Delhi, March 25 (IANS) A major financial irregularity has come to light in Haryana, where the Panchkula Municipal Corporation has found discrepancies of over Rs 150 crore in its fixed deposits with Kotak Mahindra Bank. The development comes just a month after a Rs 590-crore fraud was reported at the Chandigarh branch of IDFC First Bank.According to NDTV Profit report, the civic body had invested funds in fixed deposit receipts (FDRs) at the bank’s Sector 11 branch.However, the issue surfac…
New Delhi, Feb 22 (IANS) The Haryana Government on Sunday de-empanelled IDFC First Bank and AU Small Finance Bank from handling government business with immediate effect after an alleged fraud of around Rs 590 crore came to light.In an official circular, the state government said both banks have been barred from carrying out any government-related transactions in Haryana until further orders.It directed all departments, boards, corporations and public sector undertakings to stop using these bank…