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IDBI receives draft scheme of UWB's amalgamation

Mumbai, Sep 13: IDBI has received the draft scheme of amalgamation of United Western Bank (UWB) with IDBI Ltd from the Reserve Bank of India (RBI).

A IDBI release here today said the management is currently examining the Scheme. The board meeting is scheduled for September 21. The draft scheme will be put up to the board for its considered views and suggestions, which will be taken up with the central bank.

The bank's management will keep all stakeholders suitably informed at the appropriate time, the release added.

UNI

Militants reject, mainstream leaders welcome CM's ceasefire offer

Srinagar, Sep 13 (UNI) Militant organisations have rejected Jammu and Kashmir Chief Minister Ghulam Nabi Azad's ceasefire offer while the mainstream parties have welcomed it describing it as a bold step to bring peace in state. Militant outfit Jamat-ul-Mujahideen (JuM) rejected Mr Azad's offer of ceasefire and accused India of showing in flexibility on the Kashmir issue. In a statement to local mediapersons, JuM field commander Muneeb-u-Rehman said they will intensify operations during the.....

Shekhawat to visit Chittorgarh on Sep 25

Bhilwara, Sep 13: Vice President Bhairon Singh Shekhawat will visit Chittorgarh on September 25 and inaugurate a multi-utility hospital here. Chittorgarh's District Collector P L Agarwal said the Rs four crore hospital, built by the Sawaliyaji Mandir Mandal Trust on the Udaipur highway is complete, which will be formally inaugurated on September 25.UNI.....

NCP-DIC(K) merger deferred

Kozhikode, Sep 13 (UNI) A final decision on the proposed merger between the Nationalist Congress Party and the Democratic Indira Congress (Karunakaran) would be taken up by the month end, top leaders of both the parties said. Talking to newspersons after a meeting with DIC (K) founder-leader K Karunakaran here last night, NCP president Sharad Pawar said a final decision on the merger issue would be taken after detailed deliberatons at the party's national.....
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