Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Saturday, December 14, 2013

Banks turn busy to raise capital
The Centre has earmarked Rs. 14,000 crore for capital infusion into banks in the current fiscal

With the Union Government going ahead with its capital infusion plans, many public sector banks have scheduled their extraordinary general meetings (EGM) in the coming fortnight to seek the shareholders’ approval to shore up capital.

While some of them will be making preferential allotment of shares at a premium to the Government of India, others, apart from receiving capital infusion from government, will go for private placement of shares or qualified institutional placement (QIP). The Centre has earmarked Rs. 14,000 crore for capital infusion into banks in the current fiscal. While Punjab National Bank and Indian Overseas Bank have scheduled their EGMs on December 16 for preferential allotment of shares to Government, Corporation Bank has announced that it would also seek the shareholders’ nod for a private placement/QIP. 

Andhra Bank has convened its EGM on December 19 for both preferential issue and QIP/private placement. Dena Bank and Allahabad Bank will seek shareholders nod on December 24 for this purpose. . Canara Bank, for its part, has convened its EGM on December 30 for the preferential issue of shares to the Government.

Courtesy: The Hindu