Bank Strike Hits Services; ATM Withdrawals Get Affected

 

 

Banking services were hit across the country for the second day on Thursday, as about 10 lakh bankers continued their strike to protest a “meagre” 2% salary hike offered by the Indian Banks Association (IBA) — the banks’ management body.

Thursday is the last day of the two-day strike being observed by the United Forum of Banking Unions (UFBU), an umbrella organisation consisting all nine unions of the banking sector. Banking operations are likely to become normal from Friday.

UFBU has claimed that the strike is “total success” as the employees have “enthusiastically participated in the strike in all banks and in all branches”.

“All banking services were crippled as bank branches were closed. ATMs also dried up after few hours as currency chests were closed,” UFBU’s convener (Maharashtra) Devidas Tuljapurkar claimed.

According to reports received by UFBU from various states and centres like Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Ahmedabad, Jaipur, Patna, Nagpur, Jammu, Guwahati, Jamshedpur, Lucknow, Agra, Ambala, and Trivandrum, employees have enthusiastically participated in the strike in all banks and branches.

There are about 85,000 branches of 21 public sector banks across the country, with a business share of about 70%.

Operations in the new-generation private banks like ICICI Bank, HDFC Bank, Axis Bank, however, were almost normal, barring few activities including cheque clearance.

Nearly 10 lakh employees, working in various branches of 21 public sector banks, 13 old generation private sector banks, six foreign banks and 56 regional rural banks across the country went on a two-day strike yesterday as IBA offered them a nominal wage revision, All India Bank Employees Association (AIBEA), affiliate of UFBU had said in a statement.

Since the strike coincides with the month-end, salary withdrawals from branches were said to be affected on Wednesday, and the situation is likely to remain same on Thursday, said sources in the banking sector and employees union.

Operations like deposits, FD renewals, government treasury operations, money market operations are also being reportedly hit by the strike.

In its last wage negotiation meeting held earlier this month, IBA proposed a nominal salary revision to bank employees and officers, owing to huge losses incurred by them in the last few quarters, bank unions said.

Wage revision in the banks has been due from November 2017.

Congress to get Home and JDS will go with finance.

 

After days of hectic negotiations, the JD-S will get the Finance portfolio in Karnataka and the Congress the Home department, highly placed sources in the parties said in Bengaluru on Thursday

The power-sharing arrangement between the two alliance partners is being finalized and is in the final stages, the sources added.

The leaders of the two parties have held five rounds of talks here since Wednesday to finalise the portfolio sharing arrangement between the two alliance partners.

Sources said Congress chief Rahul Gandhi is on board on the issue and has spoken to leaders on phone from the United States.

“We have held five rounds of talks with each other and have decided that the JD-S will get the Finance portfolio. I will be now travelling to Bengaluru to hold further talks within our party,” JD-S leader Danish Ali said.

He said he would meet both Chief Minister HD Kumarswamy and former prime minister HD Deve Gowda.

पंजाबी ट्रिब्यून के पत्रकार बलविंदर जम्मू प्रेस कौंसिल ऑफ इंडिया के सदस्य बने

चंडीगढ़: 31.05.2018

प्रेस कौंसिल ऑफ इंडिया ने चंडीगढ़ से प्रकाशित पंजाबी ट्रिब्यून के पत्रकार बलविंदर जम्मू को कौंसिल  का सदस्य नियुक्त किया है । उन्हें इंडियन नेशनल यूनियन ऑफ जॉर्नलिस्ट की सिफारिश पर रीजनल अखबार से नियुक्त किया गया है ।

Shahkot Bypoll Result Today

Chandigarh 31.05.2018

The Assembly bypoll results, which will be out tomorrow, is being seen as a popularity test for the 14-month-old government in Punjab, with opposition striving to retain its stronghold.

The bypoll was necessitated following the demise of MLA in February this year.

While the is striving to retain its pocket borough from where Kohar was elected five-times, the results for the ruling in is being seen as a barometer for the popularity of the 14-month-old Amarinder Singh dispensation.

During the bypoll, the opposition party had accused the of misusing machinery against political opponents.

The AAP, which faced a humiliating defeat in the Gurdaspur Lok Sabha bypoll and civic polls, is desperately looking for a victory in 

The Congress is confident of maintaining the winning momentum by wresting the seat from rival 

latest: 9:55 am

Congress candidate Hardev Singh Laddi has increased his lead over rivals by 8500 votes after completion of fourth round of counting.

In the fourth round, he surged ahead by another 2700 votes.

BJP Leads In 2 Maharashtra, Behind In UP’s Kairana Seat

 

Chandigarh: 31.05.2018

  The BJP is leading in Palghar and Bhandara-Gondiya Lok Sabha seats in Maharashtra, early leads show. But in Kairana, the united opposition has pulled ahead. In UP’s Noorpur assembly seat, the Samajwadi Party candidate is ahead. Polling in the two parliamentary seats on Monday was marred by complaints of faulty EVMs or electronic vote machines at many booths. Repolling was held in 73 polling stations of Kairana and 49 booths in Bhandara-Gondiya yesterday. Nearly 20 per cent of VVPAT or Voter Verifiable Paper Audit Trail machines, which eject slips confirming voters’ choices, were replaced on both seats.

  1. In Kairana, where it is a direct contest between a united opposition and the BJP, 384 faulty VVPATs were replaced. Both sides took their complaints of malfunctioning machines to the Election Commission, after which repolling was ordered.
  2. Tabassum Hasan, the opposition candidate belonging to the Rashtriya Lok Dal (RLD) in Kairana, had even alleged that faulty machines in Muslim and Dalit-dominated areas – claimed to be opposition strongholds – had not been replaced. The allegations were rejected by the district magistrate.
  3. The Kairana by-election, a seat BJP won in 2014, is seen as a testing ground for opposition unity ahead of the 2019 elections in a state that sends the maximum number of lawmakers to parliament. After sworn rivals Samajwadi Party (SP) and Bahujan Samaj Party (BJP) came together to win bypolls to the BJP bastions of Gorakhpur and Phulpur earlier this year, the Congress and RLD have joined the bandwagon in Kairana.
  4. Amid widespread failure of vote machines, opposition leaders like Akhilesh Yadav of SP and Praful Patel of the NCP, which has fielded its candidate in Bhandara-Gondiya, renewed their pitch for using ballot papers instead in the 2019 polls. The Election Commission, which has blamed the malfunction partly on the extreme heat, has ruled it out.
  5. Chief Election Commissioner OP Rawat told NDTV that the machines are new and had been deployed for the first time, and would stabilize by 2019. He also apportioned blame to the training of election staff to use the machines.
  6. Bypoll to Maharashtra’s Palghar Lok Sabha seat, which was held by the BJP, has further strained its ties with ally Shiv Sena after it fielded the late BJP lawmaker’s son. The only parliamentary seat in Nagaland, vacated by BJP ally who is now Chief Minister, also voted in Monday’s by-election.
  7. Polling was also held for 10 assembly seats in nine states, Noorpur (Uttar Pradesh), Jokihat (Bihar), Tharali (Uttarakhand), Gomia and Silli (Jharkhand), Maheshtala (West Bengal), Ampati (Meghalaya), Palus Kadegaon  (Maharashtra), Shahkot (Punjab) and Chengannur (Kerala).
  8. In Bihar’s Jokihat, the bypoll is seen as a prestige battle for Chief Minister Nitish Kumar after the sitting JD(U) lawmaker quit the party and joined the RJD after Mr Kumar joined hands with the BJP last year.
  9. In Maheshtala, a seat held by the Trinamool, the bypoll result will be significant as the ruling party anticipates its vote share going down, though it seems confident of a win. The BJP expects to shore up its vote count in a state where it’s keen on getting a toehold ahead of 2019. Polling, which took place under the watch of paramilitary forces, was peaceful as opposed to violence during the panchayat elections a fortnight ago.
  10. It is a three-way contest in Kerala’s Chengannur, where the opposition Congress is keen on reclaiming ground it lost to the ruling CPM two years ago. After breaching the Left bastion in Tripura earlier this year, the BJP is hoping to do better than in 2016 when it won nearly 16 per cent votes in the assembly polls.

ICICI Bank to probe allegations against CEO Chanda Kochhar

 

Private sector lender ICICI Bank on Wednesday said it has decided to institute an independent enquiry into the allegations levelled by anonymous whistleblower against managing director and chief executive Chanda Kochhar.

ICICI Bank in a regulatory filing said the enquiry will be headed by an independent person.

The lender’s board has said that its audit committee will take further actions in the matter. The committee will appoint the head of enquiry, determine the terms of reference and the period covered. The audit committee will also help the head of enquiry with the required independent legal and other professional support.

“The scope of enquiry would be comprehensive and include all relevant matters arising out of and in the course of examination of the facts and wherever warranted, use of forensics/e-mail reviews and recordal of statements of relevant personnel etc,” the filing said.

The allegations are related to ‘conflict of interest’ over a time and ‘quid pro quo’ in course of Kochhar’s work in dealing with certain borrowers.

This comes few days after markets regulator Sebi issued a show-cause notice to the bank and its CEO for alleged violation of disclosure requirements under securities law in the case involving Videocon Group and NuPower Renewables, a firm run by her husband Deepak Kochhar

Vijay Mallya and Lalit Modi will face expedition

 

 

NEW DELHI: India on Wednesday impressed upon the UK the need to expedite the process of extradition of Indian fugitives and economic offenders, which include former liquor baron Vijay Mallya and ex-IPL boss Lalit Modi. At the Indo-UK home affairs dialogue here, the Indian side is also reported to have sought the help of British authorities to locate diamantaire Nirav Modi .

“We have sought the help of the authorities in the UK in the extradition of our wanted persons. The process is on and everyone knows that it is because of our proactive action, that Mallya now has to fight his extradition case in a UK court, investing his time and money,” said an official privy to discussions during the two-hour long meeting here.

The third Indo-UK home affairs dialogue dwelt on 8 issues including counter-terrorism, terror financing, cybersecurity, women’s safety, organized crime and visa-related matters. While the Indian delegation was led by home secretary Rajiv Gauba, the UK team was led by Patsy Wilkinson.

During the talks, Gauba communicated India’s concern over activities of pro-Khalistan and Kashmiri separatist elements in the UK and urged it to maintain a vigil over such elements and take appropriate action including timely sharing of intelligence.

Last year, minister of state for home Kiren Rijiju had raised with the UK India’s request for extradition of 13 fugitives, including Mallya, Lalit Modi and cricket bookie Sanjiv Kapur.

Mallya, facing CBI and ED investigations, is accused of defrauding Indian banks of Rs 9,000 crore. He is currently contesting extradition proceedings initiated by India, in a UK court.

India had earlier moved ED’s request for extradition of Lalit Modi. However, Interpol had rejected the request for a red corner notice against him on the ground that no chargesheet had been filed against him in the Indian courts.

Nirav Modi and his uncle Mehul Choksi, who left India early this year, are wanted by authorities for allegedly duping Punjab National Bank of Rs 13,000 crore. TOI had earlier reported that information with officials of the Indian High Commission in the UK pointed to his being in the UK. A request to locate him is reported to have been made to the UK authorities on Wednesday.

MP Dhesi meets Air India London head for resuming Heathrow-Amritsar flights

Chandigarh 30 May

British Sikh MP Tanmanjeet Singh Dhesi today met the new head of Air India for UK and Europe operations Debashis Golder at their UK headquarters in London to discuss the reintroduction of direct flights between London and Amritsar.

Disclosing this MP Dhesi said, “I updated him on my meetings over the last year with his predecessor Ms Tara Naidu, along with those in Delhi and the Punjab Ministers about the long-pending demand of the Punjabi diaspora for direct flights between the Heathrow (UK) and Amritsar airports.

“All in all a very positive meeting, wherein I was assured of Golder’s strong cooperation to liaise with senior people in Delhi, to get clearance for the Heathrow- Sri Guru Ramdas Amritsar international airport Amritsar flights to commence as per the community’s legitimate demand.  Air India will hopefully soon deliver us the good news”, he added.

In a statement first turbaned Sikh MP from Europe Tan Dhesi, as called in Britain, stressed that he was aggressively pitching for ensuring direct contact with UK and Punjab, a crucial demand of the Punjabi diaspora since direct flights to holy city were cancelled years back.

Dhesi informed her that the Punjabi diaspora as well as business persons from both sides have been longing for direct air connectivity to their native lands. He suggested to the Air India representative that there are three daily direct flights between Heathrow-Delhi and one of these could be extended to Amritsar so that people from the Northern States could also benefit from direct connectivity with Europe.

He further informed that earlier he had a meeting with London based aviation firm Virgin Atlantic’s senior manager David Hodges also and presented various facts and figures about the potential of very lucrative air route for global tourist capital Amritsar which being visited by millions each year. Dhesi told that to serve the community on both sides he would leave no stone unturned to reintroduce the international connectivity between Britain and Punjab.

4 arrested in Mauli Murder Case

 

Chandigarh: 30.05.2018

During the course of investigation of a murder case a special teams under the supervision of SDPO/East were constituted and raids are being conducted at various places to arrest the accused persons. During investigation, today a team headed by SHO PS-19 Insp. Davinder Singh and Insp. Kapil Dev SHO, PS Mauli Jagran, Chandigarh gained success in arresting four accused namely (1). Deepak s/o Bishambhar r/o Rajiv colony, Pkl, (2). Sumer@Smack s/o Kashmiri Lal R/o Rajiv colony, Pkl, (3). Jyoti Prashad s/o Kishan Lal r/o Vill. Buddan pur, Pkl, (4). Sonu @ Tony S/o Late Rajinder R/o # 1104/A-2, Rajiv Colony, Sec-17,Panchkula

Home Guards Volunteers awarded

Chandigarh: 30.05.2018

An award function was held at GO’s Mess, Police Lines, Sector 26, Chandigarh to recognize the good work done by Civilians, police officials and Home Guard Volunteers on monthly basis performances during the month of April 2018. On this occasion, police personnel & other officials who retired from police services after attaining the age of superannuation were also honored by Sh. Tajender Singh Luthra, IPS, Director General of Police accompanied by Sh. Shashank Anand, IPS, SSP/ Sec. & Traffic, Ms. Nilambari Jagdale, IPS, SSP/UT, and other Senior Police Officers including DSPs and Inspectors were also present at the Function.