Nitish calls on Shah, eye on rail portfolio

itish's favourite for the railway portfolio, according to party insiders, is said to be Rajiv Ranjan alias Lallan Singh, who has been elected from the Munger Lok Sabha seat. The other name for the cabinet being discussed is that of R.C.P. Singh, a Rajya Sabha MP and close confidant of Nitish. The others in the running are Santosh Kumar, a Kushwaha leader, and Ramnath Thakur, son of former chief minister Karpoori Thakur, who hails from the electorally important extremely backward caste.BJP insiders, however, said that Modi and Shah may not give two cabinet portfolios to the JDU. "They (the JDU) may get one cabinet and two junior ministers. After all, the BJP also needs to take care of its members from Bihar," said a BJP leader from the state.Ram Vilas Paswan's Lok Janshakti Party, which has won six seats in the polls, is also eyeing a key cabinet berth. The LJP's parliamentary board had on Tuesday decided that Paswan would represent the party in the government while his son, Chirag, would be the leader of the party in the Lok Sabha.Paswan was the food and consumer affairs minister in the outgoing government. This time he is said to be lobbying for a more "meaningful" berth in the cabinet. Paswan, too, has been a railway minister in the past. Given the enormity of the Modi-led BJP's mandate, it's unlikely the allies can push beyond a point in securing berths of their choice. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttp://yarp.com/defb24de9eb8

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BJP to offer Rajya Sabha seat to R Roshan Baig?

If these proposals which has to be approved by the party central leadership, come through then Mr Baig may say goodbye to the Congress. However, Mr Baig has been consistently maintaining that he is a loyal soldier of the Congress party and has no plans to quit the party. Even while criticizing other Congress leaders, he had showered praise on AICC president Rahul Gandhi. Meanwhile, responding to reports of dissidence and Mr Baig turning rebel, Congress Legislature party leader, Siddarmaiah termed the coalition government as a "rock solid government" which none can topple. He said after the CLP meeting, "Where is the dissident activity in our party? 72 of the 79 MLAs have attended and four had informed me about their absence. Ramalinga Reddy is on a foreign tour, ministers, Satish Jarkiholi, Rajashekhar Patil (Humnabad) and Subba Reddy are busy with the local body elections in their constituencies. So they have not attended the meeting." In response to a question, Mr Siddarmaiah conceded that Mr Roshan Baig and dissident Gokak MLA Mr Ramesh Jarkiholi have neither attended the meeting nor informed him. "Yes, they have not turned up," he said. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttps://www.intensedebate.com/people/ashashinaa

New auto giant? Fiat Chrysler wants to merge with Renault

enault welcomed what it called a "friendly" offer. The company's board met Monday at its headquarters outside Paris and said afterward that Renault will study the proposal "with interest".In a statement, Renault said such a fusion could "improve Renault's industrial footprint and be a generator of additional value for the Alliance" with Japan's Nissan and Mitsubishi.Fiat Chrysler's offer comes at a key moment for Renault. The French manufacturer had wanted to merge fully with Nissan, but those plans were derailed by the arrest of boss Carlos Ghosn on financial misconduct charges in Japan.Now, questions are growing over the Renault-Nissan-Mitsubishi alliance, which together make more passenger cars than any one company. While Fiat Chrysler says the merger with Renault would accommodate the alliance and lead to savings for them, it is unclear how the Japanese companies might react in the longer term to being tied to a much larger partner.Automakers have collaborated more in recent years as they come under pressure to invest heavily in developing electric cars, self-driving vehicles and in-car connectivity. Regulators, particularly in Europe and China, are pushing automakers to produce electric vehicles and meet tougher climate change regulations, pressure that only grew after scandals over the amount of pollutants emitted by gas and diesel-powered engines. A deal would save 5 billion euros ($5.6 billion) a year for the merged companies by sharing research, purchasing costs and other activities, Fiat Chrysler said. It promised the deal would involve no plant closures, but it didn't address potential job cuts.The companies are largely complementary: Fiat Chrysler is stronger in the US and SUV markets, while Renault is stronger in Europe and in developing electric vehicles. Analysts say both companies are weak in China, which is now the world's largest auto market.Together, they would be worth almost 37 billion euros ($40 billion). Fiat Chrysler, which includes the holding company of the founding Agnelli family with a 29 per cent stake, proposed that its shareholders get a 2.5 billion euro ($2.8 billion) special dividend because of Fiat Chrysler's higher market value."This operation will bring benefits to both countries," Fiat Chrysler chairman John Elkann told reporters in Italy, noting that it had been 10 years since Fiat's takeover of bankrupt Chrysler, in exchange for small-car technology and management know-how.The car market has shifted dramatically in the meantime, with Fiat Chrysler abandoning small cars in the United States in favour of SUVs.Analysts at financial firm Jefferies said it was "hard to disagree with the logic" of the deal, as there is a strong fit in the markets each company covers and the brands they offer."The elephant in the room is who will run the entity," analysts Philippe Houchois and Himanshu Agarwal wrote in a note to investors.Mergers of equals can be difficult to manage over questions of who gets the top leadership positions and which brands are promoted and invested in most. A tie-up between Daimler and Chrysler in the 1990s was billed as a merger of equals, but it eventually collapsed amid cultural differences and recriminations. Investors were nevertheless enthusiastic about Fiat Chrysler's plan, pushing the company's shares up 8 per cent and Renault's 12 per cent.The French government, which owns 15 per cent of Renault, said it is "favourable" to the idea of a merger but wants to study the conditions more carefully, especially in terms of "Renault's industrial development" and employees' working conditions, government spokeswoman Sibeth Ndiaye said. "We need giants to be built in Europe."Ghosn's legal problems in Japan have left Renault vulnerable . Ferdinand Dudenhoeffer, head of the CAR automotive research center at the Duisburg-Essen University, said Ghosn's plans to merge Renault with Nissan-Mitsubishi had "little appeal" for the Japanese.He noted that Renault's sales represented just 36 per cent of 2018 alliance sales - and the Japanese didn't want to see the French carmaker drive a merger with those numbers.A Renault merger with Fiat Chrysler, however, could strengthen both companies' positions and put pressure on smaller companies like Ford in Europe.The merger idea is the biggest corporate move so far by Fiat Chrysler CEO Mike Manley, who took his position after the unexpected death last year of the charismatic leader Sergio Marchionne.What happens to jobs is likely to be a source of concern.France's influential CGT union warned against cuts and said it wants the French government to retain a blocking stake in any new company."We know that when there is talk of a merger... at the end, it's the employees who are paying the high price for it - loss of jobs, having to compete with others around," said Fabien Gache of the CGT.Matteo Salvini, the leader of Italy's right-wing populist League party and the deputy premier, said that "if Fiat grows, it is good news for Italy and Italians," though he warned a deal should protect "every single job".In Tokyo, Nissan CEO Hiroto Saikawa wouldn't comment directly on the merger idea but said, "I am always open to exchanging constructive views on strengthening the alliance."The merger will be complicated because the combined company would involve operations in the US and multiple European countries and Renault's "eroding alliance" with two Japanese carmakers, said Karl Brauer, the executive publisher of Kelley Blue Book and Autotrader."It's a powerful combination in theory," he said, "but aiming for a single, aligned automotive entity, with everyone rowing in the same direction, might not be realistic." DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttp://actionangler.net/ActivityFeed/tabid/61/userId/173416/Default.aspx

Assam alert: Don't let your future go up in smoke

orld No Tobacco Day is observed by the World Health Organisation on May 31 every year to raise awareness on tobacco's dangers. Friday's campaign will raise awareness on the risks of smoking tobacco and second-hand smoke, its dangers for lung health, the magnitude of death and illness globally from lung diseases caused by tobacco, including chronic respiratory diseases and lung cancer, link between tobacco and tuberculosis deaths, importance of lung health in achieving overall health and well-being, and steps the public and government can take to reduce risks to lung health posed by tobacco.In the run-up to World No Tobacco Day, more than 700 citizens took part in a 5km walkathon on Tuesday morning with the slogan, Make Guwahati a Tobacco-Free City. The Consumers' Legal Protection Forum, Assam, and Consumer VOICE, New Delhi, in association with NGO Pathik, organised the walkathon from Hiteswar Saikia College (City College), Six Mile, to Ganesh Mandir Indoor Stadium, Khanapara. It was flagged off at 7am by Assam additional director-general of police (CID) L.R. Bishnoi, GMC commissioner Debeswar Malakar, Dr B. Borooah Cancer Institute director Dr Amal Chandra Kataki, the nodal officer of state tobacco control cell Dr Arundhuti Deka and senior executive of Assam Cancer Care Foundation Akash Pradhan. Students, teachers, celebrities, civil society, police and government officials and senior citizens participated in the event. The walkathon aimed at creating awareness on effective tobacco-control measures to protect the youth from tobacco menace and make the city tobacco-free.According to GATS, in Assam 25.3 per cent men, 0.8 per cent women and 13.3 per cent of all adults smoke tobacco. Significantly, 50.5 per cent men, 32.5 per cent women and 41.7 per cent of all adults use smokeless tobacco. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttps://able2know.org/user/renaultregens/

Forum Against Citizenship Act Amendment Bill vows to block bill

The unprecedented unemployment, price rise, demonetisation, GST and the situation of farmers and traders have not affected the results. False and emotional propaganda on social and other media misled the people and they will have to suffer the consequences. The BJP is hell-bent on reducing the Constitution to a scrap of paper. There are reports of the ruling party ignoring all rules and regulations and using official machinery for the elections."The BJP won nine of the 14 Lok Sabha seats in Assam.Gohain said, "The BJP is firm on providing citizenship to Hindu Bangladeshis. The party's Hindutva ideology has not been diluted and a Hindu Rashtra is their objective. We appeal to Assamese Muslims to join our movement in opposing the bill. The country's economy is in a bad shape. The rich are becoming richer. The BJP has provided Rs 23 lakh crore as tax rebate to corporate houses and got funds for elections from them." Forum member and writer Hare Krishna Deka said, "The issue of the bill is still pertinent. It is another matter that the Balakot strike proved to be a deciding factor for the BJP's win. The incident still rankles as 2,500 jawans were made to move by road, providing an easy target for terrorists and 40 jawans were martyred. Security of all people should be guaranteed. The minority are apprehensive."Ulfa pro-talks on NRCUlfa (pro-talks) general secretary Anup Chetia on Tuesday claimed that an "anti-Assam circle" was trying to obstruct NRC update and, hence, remove Chief Justice Ranjan Gogoi from the case. "We strongly oppose the attempt to discredit the NRC process. To clarify doubts and present the true picture, Khilonjia Mancha Assam will send delegates to the UN convention in Geneva in June," he said at a news meet organised by the Mancha, a platform for the state's indigenous people. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttp://benoit.gaillard.aricie.net/UserProfile/tabid/2042/userId/7652/Default.aspx

On Priyanka Gandhi's campaign trail

(Photo: AP) Congress party chief Rahul Gandhi, center in white, accompanied by his sister Priyanka Vadra in red arrives to file his nomination papers for the upcoming general elections in Amethi, Uttar Pradesh state, India, Wednesday, April 10, 2019. (Photo: AP) Congress party president Rahul Gandhi, center, looks on as his sister Priyanka Gandhi Vadra, right, waves at supporters during a rally in Lucknow, India. (Photo: AP) Congress party General Secretary Priyanka Gandhi Vadra, takes selfies for a supporters during a roadshow ahead of general elections in Ghaziabad, India, Friday, April 5, 2019. (Photo: AP) Congress party General Secretary Priyanka Gandhi Vadra, right, receives a bouquet from a supporter during a roadshow ahaed of general elections, in Ghaziabad, India, Friday, April 5, 2019. (Photo: AP) Congress party president Rahul Gandhi, center left, accompanied by his sister Priyanka Wadra, center, waves to supporters as he returns after filing his nomination for election from the Wayanad Lok Sabha constituency in Kalpeta, Kerala, Thursday, April 4, 2019. (Photo: AP) Congress General Secretary UP-East Priyanka Gandhi Vadra waves to her party supporters during a roadshow, ahead of Lok Sabha elections, at Kumarganj, in Faizabad, Friday, March 29, 2019. (Photo: PTI) Congress General Secretary and Uttar Pradesh - East incharge Priyanka Gandhi Vadra greets her supporters during a roadshow on the last day of her 3-day campaign ahead of Lok Sabha elections, in Ayodhya, Friday, March 29, 2019. (Photo: PTI) Congress General Secretary UP-East Priyanka Gandhi Vadra is being received by party leaders and workers at the airport, in Lucknow, Wednesday, March 27, 2019. (Photo: PTI) Congress General Secretary UP-East Priyanka Gandhi Vadra is greeted by her party supporters during a roadshow, in Varanasi, Wednesday, March 20, 2019. (Photo: PTI) Congress General Secretary UP-East Priyanka Gandhi Vadra offer prayers at Vindhyavasini Temple, in Mirzapur district, Tuesday, March 19, 2019. (Photo: PTI) Congress General Secretary UP-East Priyanka Gandhi Vadra offers prayers at Triveni Sangam, to start 3-day long 'Ganga-yatra' from Chhatnag in Prayagraj to Assi Ghat in Varanasi, on Monday 18 March 2019. (Photo: PTI) Congress party General Secretary and eastern Uttar Pradesh state in-charge Priyanka Gandhi Vadra, center, takes a boat ride to the Sangam, the confluence of sacred rivers the Yamuna, the Ganges and the mythical Saraswati, in Prayagraj, India, Monday, March 18, 2019. (Photo: AP) Congress General Secretary UP-East Priyanka Gandhi Vadra offers prayers at Bade Hanuman temple in Prayagraj on Monday 18 March 2019. (Photo: PTI)DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttp://www.boxboardproducts.com/UserProfile/tabid/61/userId/400286/Default.aspx

India Inc revenue growth in Q4 hits six-quarter low of 10.7 pc

He added both urban and rural segments witnessed a decline in consumer sentiment as reported by auto and fast moving consumer goods (FMCG) companies. The commentary on rural growth from auto OEMs and FMCG companies too indicates a slowdown in growth which can be attributed to a muted rabi harvest, the note said. The interest coverage ratio adjusted for sectors with low debt levels like IT, FMCG and pharmaceuticals witnessed a decline to 3.8 times from 4.7 times in the year-ago period, it said, attributing it to lower growth in operating profits. It can be noted that some companies are yet to report their Q4 numbers. The official data on GDP growth will be coming out towards the end of May. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttp://www.trakyadans.com/UserProfile/tabid/57/userId/121093/Default.aspx

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