State Bank of Indore will get merged with its parent State Bank of India (SBI) soon. The SBI board, which met on Saturday, approved a swap ratio of 34 SBI shares for every 100 shares of State Bank of Indore. "In today's meeting, the board approved the swap ratio for merger of State Bank of Indore with SBI," said O.P. Bhatt, chairman of SBI, after announcing SBI's results on Saturday. This is the second...
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Norfolk State rallies to beat Delaware State 21-16 < ');" class="size11 blue"> RateChris Bell caught a 39-yard touchdown pass from Dennis Brown with 49 seconds left and Norfolk State overcame a 16-point fourth-quarter deficit to beat Delaware State 21-16 on Saturday.Delaware State jumped out to a 16-0 lead after Riley Flickinger kicked three field goals and Anthony Glaud threw a 27-yard third quarter...
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Utah legislative audit: Retired state employees who return to work shouldn't double-dipRetired state employees who return to government work are costing Utah hundreds of millions of dollars in benefits at a time the state retirement system is facing a $6.5 billion shortfall, a legislative audit released Wednesday said.The audit called for state lawmakers to ban the practice of double-dipping in which...
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With less than five months left for the proposed roll-out of the Goods and Services Tax (GST), the empowered group of state finance ministers today suggested a model of inter-state goods and services tax (IGST) for inter-state transactions. The Centre would levy GST which would comprise central and state GST, with appropriate provision for consignment or stock transfer of goods and services.In its...
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State Election Commission has directed the state government to declare a holiday on the day polling takes place for the civic and Nagar Panchayat elections in the state.A directive sent to the General Administration Department (GAD) of the state government stated that a holiday should be declared on the polling days for all the government and semi-government employees working in various corporations...
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Congress on Thursday said the Centre should caution the state over repeated violence there, but did not favour immediate imposition of President's Rule as demanded by Trinamool Congress [State Congress working presidents Pradip Bhattacharya and Subrata Mukherjee told media persons that they were not immediately demanding imposition of President's Rule, but the Centre should take some measures to caution...
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Echoing Madhya Pradesh Chief Minister Shivraj Singh Chouhan's appeal, state Minister Vijay Shah today solicited people's cooperation to build a 'golden Mahdya Pradesh'.Mr Shah, who took oath as cabinet minister on Wednesday last and was yet to get a portfolio, said the state government vowed to make the state prosperous with the active support from each and every person of the state.Inaugurating an...
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state-level convention of the Bihar state Kehtihar Mazdoor Union (KMU) would be held at Keoti in Darbhanga tomorrow.State General Secretary of the KMU Dinesh Kumar said here today that the prevailing corruption in the implementation of National Rural Employment Gurantee Act(NREGA), enhancement of work day from 100 to 200 days and strategies for the movement against the failures of the Nitish Kumar...
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Nandan Nilekani, heading the India Unique Identification Database Authority, will visit Bihar on November 17 to discuss ways to facilitate the state's e-governance system.Official sources said chief minister Nitish Kumar had asked the state officials to approach Nilekani who agreed to visit Bihar on November 17.At present, all 37 district headquarters and 470 block headquarters in Bihar can be accessed...
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State Bank of India (SBI) has announced that the Central Board of the Bank, at its meeting held on 31 October 2009, has approved the proposed scheme of acquisition of State Bank of Indore by State Bank of India, including a share exchange ratio proposing allotment of 34 equity shares of State Bank of India, in lieu of 100 equity shares of State Bank of Indore. The said scheme is subject to final approval...
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