Gujarat Mineral Development Corporation: FY14 results rescheduled on May 29, 2014

Gujarat Mineral Development Corporation has now informed that the Board-of-Directors of the Company will meet on May 29, 2014 at 12.00 Noon instead of May 27, 2014 at 4.00 P.M. in the committee room of Add. Chief Secretary, Industries and Mines department, 3rd Floor, Block No.5, New Sachivalaya Complex, Gandhinagar.

With reference to the earlier announcement dated May 16, 2014 regarding FY14 results on May 27, 2014, Gujarat Mineral Development Corporation Ltd has now informed BSE that the Board-of-Directors of the Company will meet on May 29, 2014 at 12.00 Noon instead of May 27, 2014 at 4.00 P.M. in the committee room of Add. Chief Secretary, Industries and Mines department, 3rd Floor, Block No.5, New Sachivalaya Complex, Gandhinagar, to consider and approve the Audited consolidated financial results for the Quarter/Year ended March 31, 2014 and to recommend dividend for the year 2013-14,if any.Further the Company has informed that, the trading window will remain closed from May 19, 2014 to May 30, 2014 instead of May 19, 2014 to May 28, 2014 on account of audited financial results for the Quarter/Year ended March, 2014 and recommendation of dividend, if any. The trading window shall reopen from May 31, 2014.Source : BSE

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Dhampure Specialty Sugars: Board to consider dividend

Dhampure Specialty Sugars has informed that the meeting of the Board of Directors of the Company scheduled to be held on May 26, 2014 has been postponed and rescheduled for May 30, 2014 to consider, approve and take on record the Audited Financial Results of the Company for the quarter and year ended on March 31, 2014.

Dhampure Specialty Sugars Ltd has informed BSE that the meeting of the Board of Directors of the Company scheduled to be held on May 26, 2014 has been postponed and rescheduled for May 30, 2014 inter-alia, to consider, approve and take on record the Audited Financial Results of the Company for the quarter and year ended on March 31, 2014 and to recommend dividend , if any, for the aforesaid year.Source : BSE

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Malabar Trading Company: Board meeting on May 19, 2014

Malabar Trading Company board meeting will be held on May 19, 2014, to appoint and accept resignation of director from board of Director of the Company. To shift registered office of the Company. To appoint Statutory Auditor of the company for the financial year 2013-14.

Malabar Trading Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 19, 2014, inter alia, to transact the following business:.2. To appoint and accept resignation of director from board of Director of the Company.2. To shift registered office of the Company.3. To appoint Statutory Auditor of the company for the financial year 2013-14 due to casual vacancy caused by the resignation of existing auditors M/s. Katariya & Co,.Source : BSE

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State Bk Mysore: Appointment of director

State Bank of Mysore has informed that in pursuance of clause (c) of Sub-Section (1) of Section 25 of the State Bank of India (Subsidiary Banks) Act, 1959, the State Bank of India nominates Shri Ramesh Babu B. as Director on the Board of Directors the Bank with immediate effect.

State Bank of Mysore has informed BSE that in pursuance of clause (c) of Sub-Section (1) of Section 25 of the State Bank of India (Subsidiary Banks) Act, 1959, the State Bank of India nominates Shri Ramesh Babu B. as Director on the Board of Directors the Bank with immediate effect.Source : BSE

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Gift to Varanasi: Narendra Modi vows to clean Ganga

Accompanied by party president Rajnath Singh, close aide Amit Shah and party UP chief Lakshmikant Bajpai, Modi offered prayers at the famous Kashi Vishwanath temple. He also participated in the 'Ganga aarti' at Dashashwamedh Ghat.

A day after the BJP created history nationwide, and sweeping 72 seats in Uttar Pradesh, Narendra Modi visited Varanasi, one of the constituencies from where he contested.

Modi had a landslide victory in Varanasi, trumping his nearest rival Arvind Kejriwal of Aam Aadmi Party and Congress's Ajai Rai.

Accompanied by party president Rajnath Singh, close aide Amit Shah and party UP chief Lakshmikant Bajpai, Modi offered prayers at the famous Kashi Vishwanath temple. He also participated in the 'Ganga aarti' at Dashashwamedh Ghat.

Also Read: BJP's guide to tackle Rajya Sabha challenge

Thanking the people of Varanasi for playing a major role in the formation of a BJP-led NDA government at the Centre, Modi said the support came even without asking. He said he was barred from speaking to his voters, but despite that the people of Varanasi came out and supported him.  

Promising to clean his "mother Ganga", Modi asked the people of Varanasi to be a part of his cleanliness drive. He vowed to make Kashi a clean city.

He also praised Rajnath Singh and called him the most successful BJP president.

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Rahul alone can't be blamed for Cong debacle: Kamal Nath

Nath also admitted that the Congress didn't expect such a support for the BJP.

After being reduced to just 44 MPs in the 16th Lok Sabha, Congress leaders have come out in the support of Rahul Gandhi and are shielding him by taking collective responsibility for the party's debacle. In an exclusive interview to CNN-IBN, former Union minister Kamal Nath said, "If the government cannot convey its perception to people, than Rahul cannot be held responsible. I don't see any reason that they (Sonia, Rahul) should resign. They have accepted the responsibility."

Also Read: Rahul's 'advisers' face heat as Cong searches for answers

He played down demands that Rahul should resign as the party vice president taking the responsibility. "It is the party which can remove Rahul Gandhi. The party is not removing him, it is the party that made him the vice president. It's the party which is asking Rahul Gandhi to represent it. The Congress failed in communicating to the people. This is an organisational issue," said Nath.

Nath also added that the Congress didn't expect such a support for the BJP. "These results were unexpected. Politics have changed but we never expected this," said Nath.

However, he added that the politics of the BJP would not work in the long run. "Congress campaign is based on its history, people will understand that the BJP politics is not going to work," he said.

He added, "Inflation was an issue and BJP was able to make it an issue. It was perceived that UPA-2 could not create jobs, also corruption was a huge issue," he added.

While accepting the party's failure to connect with the people, Nath added, "The structure of Congress Working Committee needs to be looked at and the state organisations should get more autonomy."

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Western Disturbance to escape northwest plains, temperatures to rise further

According to the latest weather update by Skymet Meteorology Division in India, a fresh Western Disturbance over Afghanistan and adjoining North Pakistan will shift eastwards during the next 24 hours. The affect of this weather system will remain limited to Jammu & Kashmir as it is tracking in higher latitudes and is unlikely to come down southern latitudes. Jammu & Kashmir will get good amounts of showers in the next 48 hours due to this weather system.

A cyclonic circulation associated with this weather system lies over Central Pakistan and adjoining parts of Northwest Rajasthan but it will follow a northeast path to escape the northwest plains, keeping moist winds away from the region. According to the latest weather update by Skymet Meteorology Division in India, day temperatures will not rise significantly in the region as winds will be coming in from the areas that have received rain in the past two days.

The westerly to northwest winds would also reach over Central India making it warmer than the last two days. Due to this, day temperatures in places like Gwalior, Bhopal, Indore and Jabalpur could rise. Maximums in these places have been below normal under the influence of a cyclonic circulation that existed over Gujarat and adjoining areas and gave rain and cloud cover. Heat wave like conditions will sustain over Odisha during the next 24 hours. While day temperatures in Chhattisgarh will also rise in this period.

There will not be any respite from westerly winds also known as `loo` over east Uttar Pradesh, Bihar, Gangetic West Bengal. Day temperatures are significantly higher than the normal in the region and Skymet Meteorology Division warns that heat wave like conditions are unlikely to recede as there is no weather system in the offing which could make the wind conditions change.

Due to a wind discontinuity in Peninsular India, northerly to northwesterly winds are colliding with moist winds from the Bay of Bengal and this could give rain over south Karnataka, Kerala and Tamil Nadu. Day temperatures in Andhra Pradesh will continue to remain in lower forties during the next two days.

By: Skymetweather.com

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TMC will play big role in Lok Sabha: Mamata

"We would play a big role in the interest of the people," Banerjee told reporters at the party headquarter here, dedicating the massive win in the state to the people. The TMC supremo said "34 out of 42 is a clear-cut mandate", specially fighting on our own.

West Bengal chief Minister Mamata Banerjee today asserted that Trinamool Congress' 34-seat tally in the state was a massive triumph and said her party will play a big role in the 16th Lok Sabha in the interest of the people.

"We would play a big role in the interest of the people," Banerjee told reporters at the party headquarter here, dedicating the massive win in the state to the people. The TMC supremo said "34 out of 42 is a clear-cut mandate", specially fighting on our own.

Also Read: Modi-Mamata: Does it have some heartburn in store?

"It is the people who opposed the maligning campaign against us and gave their verdict," the Chief Minister said. Indicating that it was a tough battle over the gruelling five-phase polls in the state, she said "it was a five-six cornered fight, there were several parties. Banerjee said despite a large section of media opposed the party, "people kept their faith in Trinamool Congress".

Claiming that a section of the media had underplayed 'Bengal's triumph', Banerjee said that all party MPs would go to Delhi on May 25 to take oath in the Lok Sabha. Stating that out of 34 members, 33 percent were women while the national figure was 11 per cent out of the 543, Banerjee said "In that way it is historic. Many talk about women's reservation in the Lok Sabha, but do not do much."

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Pak violates ceasefire again

Pakistani troops again violated ceasefire along Line of Control (LoC) in Poonch district by targeting Indian posts, the eighth incident in the last three weeks.

"Pakistani troops resorted again to firing from automatic and small arms on Indian posts along the LoC in Krishna Ghati sector of Poonch district from 1935 hours yesterday," a defence spokesperson said here today.

Troops guarding the borderline retaliated resulting in intermittent exchanges of fire, he said, adding, "firing exchanges continued for a brief period till 1940 hours".

Also read: After markets rally, BJP to face key investor tests

There was no casualty or damage on this side of the LoC due to the firing, the spokesperson said. This is the eight incident of ceasefire violation in the past over three weeks.

On April 13, Pakistani troops violated ceasefire along Line of Control (LoC) in Poonch district's KG sector.

On May 11, there was a ceasefire violation in Krishna Ghati sector of
the same district by targeting Indian posts.

On May 10, Pakistani troops resorted to firing from small arms on Indian posts along the LoC in Nangi Tekri area of Poonch district from 2230 hours. Five days prior to that, Pakistani troops violated ceasefire and resorted to firing from automatic weapons on
Indian posts along the LoC in Bhimber Gali area of Rajouri district from 2330 hours during the night.

On May 3, Pakistani troops resorted to firing from small arms and automatic weapons on Indian posts along the LoC in Mendhar in Poonch district without causing loss of life or
injury.

On April 28, Pakistani troops resorted to firing from small arms and automatic weapons on Indian posts along the LoC in Bhimber Gali in Rajouri district.

Pakistani troops had violated the ceasefire on April 25 by firing with small arms and mortars on Indian posts in Doda battalion areas along the LoC in Poonch district. Army officials said that the ceasefire violations and firing by Pakistan were aimed to help militants infiltrate into Jammu and Kashmir from across the border from the "launching pads" along LoC where they are waiting to crossover.

There are also inputs that bids to engineer attacks by Pakistan's "Border Action Team' (BAT) on forward posts and patrolling parties are being planned from across the border,
they said. In 2013, 12 jawans were killed and 41 injured in the highest number of ceasefire violations (149) and firing by Pakistan troops on forwards post, civilian areas and patrolling parties along Indo-Pak border.

There has been two infiltration bids along LoC in Poonch district in last one week.
On May 10, two militants were killed when Army troops foiled an infiltration bid along Line of Control (LoC) in Kalsia belt of Poonch district of Jammu and Kashmir in which one jawan suffered injuries.

Troops foiled another infiltration bid along LoC on May 3 in Sawjian belt of Poonch district.

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Modi's next challenge: Accommodating top leaders in cabinet

Sometimes, an overwhelming majority can also become a problem, a burden. The would-be-Prime Minister Narendra Modi may face the same problem before finalizing his Cabinet. The BJP-led NDA has won 334 seats and the BJP alone has won 282 seats. There are too many ministerial aspirants. Some are old timers and have been ministers in the Atal Bihari Vajpayee government.

Also Read: Modi has chance to redefine Indian politics: US think tanks

Some are new faces. They also want a share in the ministry. Since it is Narendra Modi's victory, he will surely get a free hand in the selection of his Cabinet colleagues. According to an insider, it will be a mixture of old and new. Many first time MPs are also expected to be rewarded as junior ministers.

Some of the top leaders like Sushma Swaraj, Arun Jaitley, Nitin Gadkari, Shantakumar, BC Khanduri, Ravishankar Prasad, BS Yeddyurappa, Gopinath Munde, Maneka Gandhi are likely to get a place in the Cabinet.

Even though Arun Jaitley has lost by a big margin, he is likely to get one of the top four ministries (Home, Finance, Defence or Foreign Affairs). Sushma Swaraj may be offered Defence or even the post of Lok Sabha Speaker. People close to her argue that she won't accept the post of Speaker as she is keen on working as a minister. There are even rumours that party patriarch LK Advani may occupy the post of Speaker.

The BJP is worried over how to accommodate other seniors like Dr Murli Manohar Joshi, Yashwant Sinha, Uma Bharti, Ananth Kumar and Venkaiah Naidu. All of them are keen on joining the Cabinet.

There are at least two dozen leaders who are strong in their respective states. Some of them have even served as chief ministers and state unit presidents. They are also lobbying for their share.

Modi may even get some outsiders as ministers. Some experts who have done remarkably well in their fields are likely to be chosen as ministers. The  ICICI Bank chairman, KV Kamath's name is also doing the rounds for the post of Finance minister.

There are even speculations that key infrastructure ministries like Transport, Highways, Railways and Industries etc may get some outside experts as ministers. However, Modi is tightlipped and keeping the cards close to his chest. Even the much-neglected Science and Technology Ministry is likely to get more attention under Modi. He may even bring in a top scientist as his minister.

Unlike all previous Prime Ministers since 1989, Modi is under no pressure to please the allies. Since the BJP has got absolute majority on its own, the allies like Shiv Sena, SAD, TDP, LJP etc have lost their bargaining power. Modi may reward BJP's oldest alliance partner Shiv Sena with one or two important portfolios. But, he may not show the same courtesy to others.

A senior TDP leader who does not wish to be named, said, "We are not in a position to bargain for anything. We will have to accept whatever they offer us. The scale of the victory has tilted the balance of power completely towards the BJP."

The RSS, which played the most crucial role in the victory of the BJP and hailed as the chief architect of Modi victory is expected to put its stamp of approval on the Cabinet.

The RSS chief, Mohan Bhagwat and RSS joint general secretary Dattathreya Hosabale have been holding detailed talks with all stakeholders. The Union Cabinet can have 81 ministers.

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