PORTFOLIOS

  • Akhilesh Yadav reshuffles portfolios of 11 ministers, sacks junior minister June 18, 2014

    Uttar Pradesh Chief Minister Akhilesh Yadav on Tuesday sacked a junior minister and changed the portfolios of 11 ministers including 9 of cabinet rank in a major reshuffle of his council of ministers. Yadav removed Minister of State for Entertainment Tax Taj Narain Pandey, an official statement said. Portfolios of nine cabinet...
  • Happy with my portfolio, says Heavy Industries Minister Geete May 30, 2014

    Ratnagiri : Shiv Sena MP from Raigad and the Union Minister for Heavy Industries Anant Geete on Friday said he is happy with his portfolio. His party was earlier reportedly miffed with the portfolio offered to him by Prime Minister Narendra Modi. Geete took charge of the ministry on May 28. Talking...
  • BJP stands divided over Modi's Council of Ministers May 27, 2014

    New Delhi: Even as Prime Minister Narendra Modi assumes office with his Council of Ministers, his party, the Bharatiya Janata Party stands a divided house. It is a known fact that Modi's Council of Ministers comprises of ministers mainly from Uttar Pradesh and Bihar. The West Bengal unit of BJP...
  • Modi Cabinet almost final, JP Nadda to replace Rajnath as BJP chief May 25, 2014

    New Delhi: Bharatiya Janata Party general secretary Jagat Prakash Nadda is all set to take over as the party chief with Rajnath Singh making his way into the Narendra Modi Cabinet. A lesser known face, Nadda was from the beginning a favourite for the party chief's post. Nadda was anointed...
  • Akhilesh Yadav allots portfolios to seven new ministers March 22, 2014

    The Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday allocated the portfolios to seven ministers, five cabinet and two ministers of state, who were administered oath in January this year. Among the Cabinet ministers Gayatri Prasad Prajapati has been given Mines and Minerals department, whereas Shivakant Ojha was allocated the Technical...
  • Shivraj Singh Chouhan allocates portfolios to cabinet colleagues December 24, 2013

    Senior BJP leader Babulal Gaur was allocated Home and Jail Department, while Jayant Mallaiya was given Finance as Madhya Pradesh Chief Minister Shivraj Singh Chouhan distributed portfolios to his party MLAs on Monday. Mallaiya will also have additional charge of Water Resources, Commercial Tax, Planning and Statistics Departments, official sources said....
  • 170 stocks hit 52-week low amid market crash September 3, 2013

    Mumbai: Hit by massive sell-off in the stock market, as many as 170 stocks touched their one-year low on the BSE on Tuesday, with the benchmark Sensex plummeting over 650 points. Among stocks that hit their 52-week low include PNB, Tata Chemicals, IDBI Bank, City Union Bank, Corporation Bank, Federal Bank, Andhra...
  • SEBI busts SMS scam, warns against unsolicited investment tips August 20, 2013

    Mumbai: Using its newlygranted powers to access call data records and conduct surprise visits, capital markets watchdog Sebi has unearthed a largescale SMS scam wherein fraudsters were luring gullible investors with promise of daily returns of up to Rs 75,000 through mobile messages. As an interim measure, SEBI has restrained two...
  • After fresh inductions in state cabinet, Hemant Soren allocates portfolios August 5, 2013

    Jharkhand Chief Minister Hemant Soren on Sunday retained the departments of Home affairs, Law and Justice besides others while allocating portfolios among his Council of Ministers. Soren also kept with him the departments of Road, Planning amp; Development, Information amp; Public Relations, Cabinet (Vigilance), Cabinet Secretariat amp; Coordination, Personnel, Administrative Reforms,...
  • UP CM allocates portfolios to newlyinducted ministers July 28, 2013

    Uttar Pradesh Chief Minister Akhilesh Yadav on Sunday allocated portfolios to the newly inducted ministers while changing departments of some of them, official sources said. While Revenue Department has been given to Shivpal Yadav from Ambika Chowdhury, who will now head Backward Welfare and Handicap Welfare departments only, the sources said. Among...
  • SEBI approves overhaul of foreign investment rules June 25, 2013

    Mumbai: The Securities and Exchange Board of India (SEBI) approved an overhaul of rules for foreign investors, including easing registration procedures and simplifying categories, in a bid to attract vital flows needed to narrow a record high current account deficit. The SEBI approved the rules at its board meeting on...
  • Sharif will take on defence portfolio himself: Sources May 29, 2013

    Islamabad: Pakistan Prime Ministerelect Nawaz Sharif will oversee the sensitive foreign and defence portfolios as he seeks to forge a working partnership with the allpowerful military in the early days of his tenure, sources close to him said on Tuesday. Sharif, ousted in a bloodless military coup in 1999, has decided...
  • Current account deficit may dip to 4.5 per cent: ICRA May 29, 2013

    Kolkata: India's current account deficit, which was around 5 per cent of the country's gross domestic product (GDP) last fiscal, is expected to decline to 4.5 per cent this fiscal, rating agency ICRA said on Tuesday. "This is based on the expectation that incentives announced by the government of India would...
  • Kerala party leaders capable of resolving issues: Antony May 25, 2013

    Kannur: Defence Minister AK Antony on Friday expressed confidence that leaders of the Congress' Kerala unit would themselves resolve any issue facing them. "You (the media) think that there are issues that cannot be resolved in the state unit of the party. I know my colleagues here for several decades...
  • Karnataka CM allots portfolios, retains key departments May 20, 2013

    Bangalore: Karnataka Chief Minister Siddaramaiah on Sunday allocated portfolios to his new 28member ministry, keeping key posts such as finance, energy, industries, IT and Bangalore city with himself. According to a Raj Bhavan communique, Governor HR Bhardwaj allocated the various portfolios on the advice of the chief minister to 20...
  • Overdrive: The controversial SUV tax May 4, 2013

    Mahindra & Mahindra tries to redefine its product portfolio to beat the SUV classification. ...
  • Akhilesh reshuffles portfolios, Raja Bhaiya divested of Prison dept February 10, 2013

    Lucknow: Controversial Uttar Pradesh Minister Raghuraj Pratap Singh alias Raja Bhaiya was on Saturday divested of Prison department in a reshuffle of portfolios by Chief Minster Akhilesh Yadav. Raja Bhaiya, however, retains other departments like Food and Logistics, Civil Supplies, Rent Control and Consumer protection. In the reshuffle of portfolios...
  • Letter from the editor: Why it pays to watch the rocky movies January 16, 2013

    Some of you might remember the cover image of the badly bruised face of a man staring at you from the Forbes India Investment Guide 2012, around exactly the same time last year. It wasn't a pretty sight, signalling the onset of a brutal year for investors. It did turn...
  • MoS Defence Lalchand Kataria's portfolio may be changed October 30, 2012

    New Delhi: Minister of State for Defence Lalchand Kataria's portfolio is likely to be changed, sources said on Tuesday. The sources said that the Prime Minister's Office had put on hold the decision to appoint Kataria as one of the two Ministers of State for Defence. Sources said that this was...
  • Combination of youth and experience: PM on Cabinet October 28, 2012

    Prime Minister Manmohan Singh effected a major Cabinet reshuffle on Sunday, giving away the major share to Andhra Pradesh and West Bengal to counter the Telangana forces in the former and exally Mamata Banerjee of the Trinamool Congress in the latter. ...
  • Cabinet reshuffle: The complete list of Manmohan's ministers October 28, 2012

    New Delhi: Prime Minister Manmohan Singh effected a major Cabinet reshuffle on Sunday, giving away the major share to Andhra Pradesh and West Bengal to counter the Telangana forces in the former and exally Mamata Banerjee of the Trinamool Congress in the latter. Several ministers were elevated to the Cabinet rank,...
  • Cabinet reshuffle is only a portfolio change July 31, 2012

    According to sources, Chidambaram will take over Finance Ministry and Sushil Shinde to be given Home Ministry. ...
  • UP: Akhilesh keeps bulk of ministries for himself March 18, 2012

    Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav on Sunday kept the bulk of ministries, including the key Home and Finance, with him. Interestingly, controversial independent MLA Raghuraj Pratap Singh alias Raja Bhaiyya, who was jailed by previous chief minister Mayawati and against whom there are pending criminal cases of attempt...
  • Jaya reallocates 4 TN ministers' portfolios January 19, 2012

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Wednesday effected minor rejig of her ministry by reallocating portfolios to four of her ministers. In a statement issued here by Tamil Nadu Governor K Rosaiah's office, the chief minister had advised allocation of commercial taxes, registration and stamps held by Agri...
  • Karnataka: Gowda allocates portfolios to ministers August 9, 2011

    Bangalore: Karnataka chief Minister DV Sadananda Gowda on Monday allocated portfolios to new ministers while retaining with him the departments of Finance, Mines, Information and Tourism. In announcement of the portfolios on Monday night after the expansion of the fiveday old ministry with the induction of 21...
  • Mamata allots portfolios, keeps key ministries May 21, 2011

    Kolkata: West Bengal Chief Minister Mamata Banerjee on Friday allocated portfolios to her newly swornin council of ministers, keeping to herself nine departments, including Home, Land and Land Reforms. Her other departments are Information and Cultural Affairs, Health and Family Welfare, Agriculture, Hill Affairs, Minority Affairs and Madrasa Education, Personnel and...
  • Cong, NCP not ready with seatsharing deal October 30, 2009

    Mumbai: The deadlock over portfolio allocation amongst MLAs from winning CongressNCP alliance continues in Maharashtra. The man chosen by the Congress high command to be the next chief minister, Ashok Chavan On Friday said that negotiations are still on between the Congress and the NCP leaders. However, sources indicate that...
  • My portfolio is bigger than me: Farooq Abdullah May 29, 2009

    New Delhi Union Minister for New and Renewable Energy Farooq Abdullah on Friday brushed aside rumours about his unhappiness over relatively low profile being handed over to him saying the ministry was a big challenge. Within minutes of his taking over, Jammu and Kashmir Chief Minister and his son Omar Abdullah...
  • Wealth Spl: Does my portfolio look alright? May 28, 2009

    Starting this week, we begin a series called 'Does my portfolio look alright?'. Every Thursday, our experts will review a portfolio sent in by our readers and give some tips on how to improve their investment strategy. This week, our financial expert, Kartik Jhaveri gives Raj smart tips to improve his...
  • CongDMK deadlock over Cabinet portfolios resolved? May 24, 2009

    New Delhi: Even as the sulking DMK leaders held strategy meetings over allocation of ministerial berths in Chennai, Prime Minister Manmohan Singh has kept the door open for the DMK. Only six of the 19 cabinet ministers who were sworn in have been given portfolios, signalling the DMK to...