State Maharashtra Financial News

Puja Khedkar from Indian Administrative Service with immediate effect, reported PTI quoting official sources. Khedkar has been accused of cheating and wrongly availing Other Backward Classes (OBC) and disability quota benefits to ensure her selection in the service. She has denied all allegations. The central government, vide order dated September 6, 2024, discharged Khedkar from the Indian Administrative Service under Rule 12 of IAS (Probation) Rules, 1954, with immediate effect, the sources said. The rules allow the central government to discharge probationers from service if they fail «to pass the re-examination...» or «if the central government is satisfied that the probationer was ineligible for recruitment to the Service or is unsuitable for being a member of the Service», among others.

Semiconductor Mission is likely to receive a second budgetary allocation of up to $ 10 billion, a senior official said. The mission may require this funding if the Centre approves a mega chip fabrication unit by Israeli firm Tower Semiconductor and the Adani Group along with a host of other proposals which are being currently evaluated, top officials aware said. The government will have to seek fresh funding under the ISM as it has almost exhausted the funds in the first phase which saw approvals of $11 billion, they added. This includes the chip fabrication unit announced by the Tata Group as well as four other proposals for chip assembly.

strike by Maharashtra State Road Transport Corporation (MSRTC) employees was called off on late Wednesday evening following government's assurance of a salary hike, union leaders said, providing a relief to passengers planning travel during the ensuing Ganesh festival. An action committee of trade unions representing employees of the state-run corporation announced an end to the strike after a meeting with Chief Minister Eknath Shinde, who agreed to give a Rs 6,500 per month hike in basic salary to MSRTC staffers, fulfilling their main demand. The hike will come into effect retrospectively from April 2020, said a release from the Chief Minister's Office (CMO). «We are calling off our agitation as the chief minister has assured a salary hike to MSRTC employees,» Sandeep Shinde, a leader of the Maharashtra ST Kamgar Sanghtana, told PTI, after the meeting with Shinde.

heavy rains and strong winds this week, raising the risk of floods and threatening the crops that are just weeks away from harvesting. Saurashtra and Kachchh regions of the western state of Gujarat will receive heavy precipitation for three days through Saturday, according to the India Meteorological Department. A deep depression in the coastal parts may intensify into a cyclone on Friday, causing the wind speed to surge to as high as 85 kilometers (53 miles) per hour, it said in a bulletin Thursday. Any severe damage to cotton plants could put pressure on the South Asian nation to increase overseas purchases, potentially underpinning global prices of cotton that have slumped almost 15% this year. A likely drop in production of peanuts could tighten supplies of the commodity in the country that imports about 60% of its vegetable oil needs.

Ashok Leyland, the Hinduja group flagship has bagged an order for 2104 Viking passenger buses worth Rs981.45 crore from the Maharashtra State Road Transport Corporation (MSRTC), the company said in a statement. The company will execute the order—the single largest one from the state corporation for supply of BSVI OBD II (on board diagnostic) compliant fully built passenger buses from August 2024 to August 2025. This will further contribute to strengthening Ashok Leyland's dominant position in the bus segment, it said. MSRTC is one of the largest state transport undertakings in the country with over 15,000 buses. With this order, Ashok Leyland buses will dominate its fleet.

Adani Power, JSW Energy, Jindal Power, Vedanta Group, Torrent Power and state-owned NTPC are among 15 companies that have submitted formal expressions of interest (EOIs) for giving a resolution plan to take over the debt-laden Sinnar Thermal Power near Nashik in Maharashtra. The 1,350 MW power plant, a subsidiary of RattanIndia Power, was initially developed by Indiabulls Power. It is a rare power producer readily available in India where building a green field project is both time-consuming and costly. Bidders have till later this month to submit an initial resolution plan, which will include a ₹10 crore deposit, people familiar with the matter said.

Most of India’s 120 million farmers depend on rain from monsoons for a good harvest

Bharatiya Janata Party (BJP) may snap ties with Ajit Pawar-led NCP and, instead, fight the upcoming Maharashtra assembly elections with Chief Minister Ekanth Shinde-led Shiv Sena as its ally, according to a report in the New Indian Express. This after a write-up in an RSS mouthpiece said that the alliance with Deputy Chief Minister Ajit Pawar-led NCP was one of the reasons for the BJP’s Lok Sabha poll setback in Maharashtra.The opposition Maha Vikas Aghadi (MVA) won 30 of the Maharasthra’s 48 seats in the recently-concluded Lok Sabha Elections 2024. The ruling Mahayuti, a part of the NDA, bagged just 17 seats.

video claiming he would be «no more» if BJP leader Pankaja Munde lost the Lok Sabha polls from Beed was crushed under a bus on Friday night in what police suspect may be a case of suicide.

Commuters using Central Railway's suburban and long-distance services continue to face disruptions due to the ongoing mega block aimed at platform widening at Thane station. The block, which started on Friday midnight, has led to the cancellation of 72 Mail Express trains and 956 suburban train services from May 31 to June 2. Additionally, the routes of many trains have been changed for the duration of the block. The Maharashtra government on Friday permitted all public service vehicles in the Mumbai Metropolitan Region (MMR) to carry out stage carriage operations during the mega block, an official said. Changes in Train Services and Routes

Maharashtra 10th Result Live Updates: Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) will announce the results of SSC or Class 10th Board Results 2024 on Monday, May 27, 2024 at 1 pm at mahresult.nic.in.The MSBSHSE officials will announce the Board results in a press conference. The board will announce the overall pass percentage, gender-wise pass percentage and other details during the conference.

Rescuers are combing through piles of debris and wreckage to search for bodies after an explosion and fire at a chemical factory in western India killed at least nine people and injured 64 others

Maharashtra HSC 12th Result 2024 Live Updates: The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) has released the official date and time to announce the Class 12th Result 2024. The board announced that the Maharashtra HSC 12th Result 2024 will be declared on May 21 at 1:00 PM.

Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) is set to release the results for the Higher Secondary Certificate (HSC) or class 12 exams on Tuesday, while the Secondary School Certificate (SSC) or class 10 results will follow soon. Students can check their scores online through the official websites, including mahresult.nic.in and results.gov.in. The HSC results will be announced at 1 pm on Monday. The Maharashtra HSC exams took place from February 21 to March 19, 2024, and the SSC exams were held from March 1 to March 26, 2024. Over 14 lakh students appeared for the HSC exams, and more than 15 lakh students sat for the SSC exams. When the results are announced, MSBSHSE is likely to provide detailed information, such as the top-performing students, overall pass rates, gender-specific pass percentages, and schedules for compartment exams. Students need to score at least 33 marks in each subject to pass the SSC exams. Last year, the SSC exams saw 15,77,256 registered students, including 8,44,116 boys and 7,33,067 girls.

PM Modi's Nashik visit. “On August 19, 2023, the Union government had imposed a 40% duty on the export of onions. On October 28, 2023 a new decision was made instead requiring the exporter to pay the government $800 per tonne of onion instead.

Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) is expected to release SSC (Class 10th) and HSC (Class 12th) Board Results 2024 very soon. As per media reports, the board is likely to announce the results of both classes by May 10, 2024. However, there is no official confirmation on the date and time of the much-awaited board results.

As per the manifesto, titled 'Shapatnama', the NCP (SP) commits to reviewing and suggesting modifications to various laws. These include the Citizenship (Amendment) Act (CAA), National Register for Citizens (NRC), Unlawful Activities (Prevention) Act (UAPA), and other laws that are deemed 'conflicting' with constitutional principles. The manifesto also highlights the party's stance on empowering state and local governments. It emphasizes the need for reviewing power distribution and ensuring the enforcement of constitutional amendments.

Mumbai Police's Economic Offences Wing (EOW) gave a clean chit to Sunetra Pawar, wife of Maharashtra Deputy Chief Minister Ajit Pawar, who was named as the ruling NDA's surprise pick for Baramati Lok Sabha constituency, in the Rs 25,000 crore Maharashtra State Cooperative Bank (MSCB) 'scam' case. The EOW stated in its closure report that it did not see any criminality or wrongdoing in the matter, adding that the bank in question did not suffer any losses in the process of sanctioning loans or selling the Jarandeshwar Sugar Mill. The closure report comes at a time when the leaders in the Opposition combine--INDIA, have renewed their 'washing machine' charge at the BJP, claiming that probe agencies go slow on dissident leaders once they jump ship and join the ruling party at the Centre.

Maharashtra's transport commissioner imposing certain conditions while deciding on applications for registration of vehicles under the BH series. A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla, in its judgment on April 12, said the circular was issued «without any authority and, hence, flawed and illegal.» The court was hearing a petition filed by a civil judge challenging the circular and denial of his application seeking registration of his vehicle under the BH series, which was introduced by the government of India in 2021 to facilitate convenient transfer of vehicles in different states and Union Territories. According to Mahendra Patil, senior civil judge in the Maharashtra State Judicial Services, he submitted his official identity card, which as per the conditions is the only compliance required to be furnished.

₹263.70 crore, including interest and penalty from the Maharashtra State Goods & Service Tax (GST) Department. In a regulatory filing to the stock exchanges, the Kingfisher Beer manufacturer said, "The Deputy Commissioner of State Tax, Raigad Division, Maharashtra State GST Department passed an order levying an additional tax of ₹1,19,82,34,560, interest of ₹1,15,03,04,218 and penalty of ₹28,86,97,379 -- totalling to ₹2,63,72,36,156 for FY 2019-20.'' Also Read: United Breweries Q3 FY24 results: Profit at ₹85.34 crore, Revenue increased by 12.28% YoY UBL said the tax demand order passed by the GST department was for fiscal year 2019-20 (FY20).

Supreme Court on Tuesday directed the Ajit Pawar faction of NCP to issue a public declaration that the use of «clock» symbol by it for campaigning in the Lok Sabha and assembly elections is «sub-judice and subject to the outcome» of the challenge by the Sharad Pawar faction to the decision of Election Commission of India. ECI had recognised the Ajit faction as the real NCP. Aggrieved by ECI's decision, the Sharad faction had moved the apex court. A bench headed by justice Surya Kant directed the Ajit faction to issue a public notice in newspapers in English, Marathi and Hindi editions. The bench has ordered that such a declaration should accompany all advertisements to be issued by NCP. «Such declaration shall be incorporated in every template, advertisement, audio or video clip issued» on behalf of NCP, the court ordered. The Supreme Court bench also ordered that a «man blowing Turah (trumpet)» symbol shall not be allotted to any other political party, independent candidate and the same shall not be used in any manner by the Ajit faction. ECI and the Maharashtra State Election Commission have been directed to take necessary actions in this regard.