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As the coronavirus cases continue to rise in <keyword id="13126" type="COMPANY" weightage="20" keywordseo="Maharashtra">Maharashtra</keyword>, state School Education Minister Varsha Gaikwad has said schools will not reopen in the state before Diwali. Maharashtra has till now reported 15,17,434 COVID-19 cases and 40,040 deaths due to the disease. The Centre on March 16 announced closure of all educational institutions, including schools, colleges and universities, to prevent the spread of the coronavirus. It has now allowed graded reopening of schools from October 15. Gaikwad, who recently recovered from COVID-19, said schools have been conducting virtual classes and teachers have been taking special classes for students in some areas. However, the challenge is to find a way to end the academic year and assess students, she said. "While we are exploring various options, it is clear that schools will not open before Diwali," Gaikwad said. According to senior officials in the state education department, reopening schools under the current circumstances is out of question, as there is no sign of the pandemic abating. State Higher and Technical Education Minister Uday Samant also said his department does not intend to reopen colleges until the COVID-19 situation is under control. "The situation is grim for students who wish to pursue higher studies abroad, as their future depends on our decision," he added. Even as the state government and bureaucracy mull over solutions, children and parents are worried as they seem to be caught in a quagmire. "I have taken an education loan and my parents are repaying it. If I don't get good grades in exams, how will I get a good job?" said Raviraj Humbe, an engineering student from <keyword id="2094" type="COMPANY" weightage="20" keywordseo="Pune">Pune</keyword>. There must be some technical solution for conducting exams and tests, he said. Meanwhile, education expert Kishore Darak suggested that the state government can club two or three educational years so that concerns of parents about academic loss can be addressed. While the safety of students is imperative, it is high time that the state comes up with a bipartisan approach towards education, he said. "The government must come up with a solution where local officials are authorised to take context-specific decisions like full or partial reopening of schools or alternate day scheduling of classes, among others," he said. SEE ALSO: <a href="https://www.businessinsider.in/science/space/news/nasa-cases-asteroid-bennu-ahead-of-snatch-and-grab-finds-six-new-secrets-including-a-possible-void-under-the-surface/slidelist/78577408.cms">NASA cases Asteroid Bennu ahead of snatch and grab — finds six new secrets, including a possible void under the surface</a> <a href="https://www.businessinsider.in/stock-market/news/rbi-governor-wants-markets-to-keep-the-faith-but-traders-want-something-more/articleshow/78574663.cms">RBI Governor wants markets to keep the faith but traders want something more</a> <a href="https://www.businessinsider.in/business/corporates/news/tcs-beats-accenture-to-become-the-worlds-most-valuable-it-services-company/articleshow/78566487.cms">TCS beats Accenture to become the world’s most valuable IT services company — but this not the first time it has raced ahead</a>

Schools in Maharashtra not to reopen before Diwali, says education minister Gaikwad

Mumbai: Indian stock markets rallied on Monday after the <keyword id="20032950" type="General" weightage="20" keywordseo="BJP-led-government" source="keywords">BJP-led government</keyword> secured a majority in the latest state elections in Maharashtra. The <keyword id="20641216" type="General" weightage="100" keywordseo="Nifty-50" source="keywords">Nifty 50</keyword> index gained more than 1.45 per cent or 346.30 points to open at 24,253.55 points, while the BSE <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> index surged 1,076 points or 1.36 percent to open at 80,193.47 points. Experts noted that the election results have an impact on the markets today, and if past trends are followed, the markets may witness some rally amid the return of the BJP in the Maharashtra state elections. <keyword id="20161891" type="General" weightage="20" keywordseo="Ajay-Bagga" source="keywords">Ajay Bagga</keyword> Banking and Market Expert stated that "The just concluded elections in Maharashtra, the results of which were declared on November 23rd, will have a positive immediate impact on the stock markets. The landslide win for the BJP lead coalition in the Maharashtra state elections could lead to a short-term boost to the Indian stock markets which have been in a declining mode" He further added "Investors will interpret this mandate as favourable for the capex and infrastructure push that is ongoing in Maharashtra. The beneficiary sectors of this election are industrials, infrastructure, manufacturing, real estate and financials". In the sectoral indices on the National Stock Exchange, <keyword id="20065014" type="General" weightage="20" keywordseo="Nifty-Realty" source="keywords">Nifty Realty</keyword> and <keyword id="19941314" type="General" weightage="20" keywordseo="Nifty-PSU-Bank" source="keywords">Nifty PSU Bank</keyword> rallied with a surge of more than 2 percent, while other major indices also gained more than 1.5 per cent, including Nifty Metal, Nifty Media, and Nifty Oil &amp; Gas. In the Nifty 50 list, 49 stocks gained during the opening session, while only one stock declined. Shri Finance opened as the top gainer in the Nifty 50. The shares of the AdGroup also surged around 2 percent at the time of filing this report. <keyword id="19967296" type="General" weightage="20" keywordseo="Adani-Green" source="keywords">Adani Green</keyword> also climbed around 4 percent. "We are most likely to break the falling 20-day average that lies at 24,030, which will be the first time that'd happen since the record high of 27th September. Seasonality trends between now and the end of the year have been historically positive, with the Nifty rising 80% of the time during this period with an average return of over 4 per cent" Akshay Chinchalkar, Head of Research, Axis Securities. In other Asian markets, Japan and South Korea indices rallied. The Nikkei 225 index surged more than 1.5 percent, South Korea's Kospi also rose by 1.5 percent, Taiwan's Weighted Index was up by 0.48 percent, while Hong Kong's Hang Seng index was down marginally by 0.14 percent at the time of filing this report.

Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

<ul><li>Shiv Sena president, Uddhav Balasahed Thackeray, has been sworn-in as the 18th Chief Minster of Maharashtra.</li><li>Thackeray, 59, became the third Sena leader after Manohar Joshi and Narayan Rane to occupy the top post.</li><li>Thackeray took over as chief minister over a month after results of the Maharashtra Assembly elections were declared on October 24.</li></ul>Shiv Sena president Uddhav Balasaheb Thackeray, sworn-in on Thursday as the 18th Chief Minister of Maharashtra, faces the biggest test of his life as the leader of an ideologically divergent alliance that took charge at a time of momentous political changes in the state. An ace photographer, he is the third Sena Chief Minister, after Manohar Joshi and Narayan Rane (both in 1990s), and the first member of the Thackeray family to hold the top post in the country's richest state. Thackeray, 59, otherwise considered an affable, mild- mannered politician, displayed combative traits of his father, Sena founder Bal Thackeray, in dealing with one-time senior ally BJP on the demand for rotational chief ministership just after assembly poll results were announced on October 24. He stood his ground and refused to budge on the issue of splitting the chief ministership, a stand that eventually led to the collapse of the three-decade old saffron alliance. After outmaneuvering the BJP, Thackeray will now have to prove his credentials as a leader who can navigate a new political path with ideologically different parties like the Congress and the NCP, partners in the Sena-led ruling coalition, the Maharashtra Vikas Aghadi (MVA). Though in politics for long, Thackeray has never contested an election or held a public post and it will be interesting to watch how he learns the ropes of governance in a state which is an economic powerhouse and home to the financial capital of the country. The Sena, a party identified with Hindutva politics and "anti-Congressism" since its inception, has entered a new phase where it will have to chart out a new course under Thackeray in the changed political scenario. Born on July 27, 1960 in Mumbai, Thackeray studied at Balmohan Vidyamandir and later graduated from the JJ School of Arts, where photography was his main subject. Besides being a published author, he is also a professional photographer whose work has appeared in various magazines and has been showcased at numerous exhibitions. Thackeray largely lived in the shadows of his legendary father before coming on his own after being appointed the Sena working president in January 2003. Thackeray formally took over as the chief of the Sena, founded in 1966 to fight for the rights of Marathi people, after his father died in 2012. Known for his passion for photography, he started out in the advertising field by setting up an agency called 'Chaurang'. Thackeray specialises in aerial and wildlife photography. He has two photo books to his credit, 'Maharashtra Desh' (2010) on the forts of the state, and 'Pahava Vitthal' (2011) on the Pandharpur wari (on pilgrimage to the temple town of Pandharpur). 'Maharashtra Desh' is full of breathtaking aerial shots, providing a glimpse into the cultural fabric, physical beauty and historical perspective of this wondrous state. A few years ago, he organised an exhibition of his photographs and Rs 10 lakh collected from their sale was donated for farmer causes. Like former prime minister Rajiv Gandhi, who started out in politics by helping his mother Indira Gandhi, Thackeray began assisting his father at a time when the firebrand Sena patriarch was aging and the party's sphere was expanding. He focused on strengthening the organisation and encouraged cadres to take up issues of farmers in the suicide- prone districts of rural Maharashtra. Thackeray sought to make the Sena, known for street politics and aggressive stand on issues of public interest, more acceptable to people outside its core voter base. After completing his journey from 'Matoshree', the Thackeray home in suburban Bandra, to 'Varsha', the CM residence in south Mumbai, the Sena leader will have to reinvent himself, according to political observers. He will now have to display flexibility and political acumen to deal with new-found allies and keep the coalition government going for five years, they said. "Despite being in government, the three parties are independent entities and would want to expand their respective political base," the observers said. "A political affairs committee would be needed to identify constituencies where the Sena and the Congress-NCP are in direct contest with each other and prevail upon the local leadership to work out an arrangement where political base of the three parties remains unaffected," a senior Congress leader said. While Thackeray has shown political sagacity and maturity till now, he will also have to deal with an aggressive BJP in the opposition knowing very well the former ally will try to make functioning for his government difficult, the observers said. "Uddhav will have to keep his flock of MLAs together," they said. Over 20 years ago, Thackeray was seen as a 'reluctant' politician, living a cosy life with his wife Rashmi and sons Aaditya (now an MLA) and Tejas at 'Matoshree'. But now that he has taken plunge into governance and managing a disparate coalition, a slew of challenges await Thackeray, who will be one of the most closely watched politicians in the country in these media-driven times. Since the Sena leader is currently not a legislator, he will have to get elected either to the legislative assembly or the council within six months of taking oath.

Shiv Sena president Uddhav Thackarey sworn-in as Maharashtra's 18th chief minister

It seems that the <keyword id="14666" type="ORGANIZATION" weightage="20" keywordseo="BJP">BJP</keyword> and Shiv Sena will clean up in <keyword id="13126" type="COMPANY" weightage="20" keywordseo="Maharashtra">Maharashtra</keyword> once again. The alliance members are expected to get close to 40 seats, while the <keyword id="1575" type="ORGANIZATION" weightage="20" keywordseo="Congress">Congress</keyword> and NCP will struggle to reach double digits. <table style="border-width: initial; border-style: none;"></colgroup></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Maharashtra Exit Poll </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Party Names </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">2014 Result </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">C -Voter </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">News18 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Todays's Chanakya </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">India Today Axis </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">TimesNow - VMR </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">BJP + Shiv Sena </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">41</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">34</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">43 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">38 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">40 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">37 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">INC + NCP</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">4 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">14</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">5</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">10</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">8 </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">11 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">Others</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">3</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">0</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">0</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">0</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">0</td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;">0</td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"></td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"></td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"></td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"></td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"></td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"></td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;"> </td></tr></tbody></table> Business Insider compiled surveys from five reputed sources-- Republic-C -Voter, ABP, Today's Chanakya, India Today-Axis, and TimesNow - VMR-- amongst many others and the final number is an average of these five polls. Maharashtra is a western state of India that is the third largest in the country in terms of area and the second largest in India in terms of population. Spanning over an area of 307,713 square kilometers, the state of Maharashtra has 8,74,34,919 registered and eligible voters on its electoral rolls. This figure is made of 4,58,05,196 males, 4,16,27,637 females and 2,086 third gender electors. In the 2014 <keyword id="6355187" type="UNKNOWN" weightage="20" keywordseo="lok-sabha">Lok Sabha</keyword> elections, the state gave 23 seats to the BJP, 18 constituencies to the Shiv Sena, 4 places to the NCP and 3 seats to the other candidates. The election results for the Lok Sabha polls 2009 in Maharashtra was 17 seats for INC, 11 places for the Shiv Sena, 9 places for BJP and 11 constituencies for the other candidates. In 2004 Parliamentary elections, the INC had bagged 13 seats, BJP won from 13 constituencies, SHS got 12 constituencies and others could win from 10 places. Maharashtra has a total number of 48 seats to give the Parliament. Among them, 5 are reserved for the scheduled castes and 4 are reserved for the scheduled tribes. Maharashtra is represented by 19 members in the Rajya Sabha. Maharashtra has 289 Assembly constituencies in total and the state went for the latest assembly elections in October 2014. Polling for the Lok Sabha <keyword id="4300495" type="PERSON" weightage="20" keywordseo="Elections-2019">elections 2019</keyword> happened in Maharashtra in four phases on April 11, April 18, April 23 and April 29.

Maharashtra exit poll 2019 result: INC+NCP will struggle to reach double digits in Maharashtra

New Delhi: Life Insurance Corporation of India (<keyword id="19903588" type="General" weightage="100" keywordseo="LIC" source="keywords">LIC</keyword>) has increased its stake in <keyword id="19984004" type="General" weightage="20" keywordseo="Bank-of-Maharashtra" source="keywords" meta.keywordsubtype="org" meta.entityname="Bank of Maharashtra" meta.hostid="83" meta.entityid="Bank of Maharashtra">Bank of Maharashtra</keyword>, the company informed the exchange in a filing. In an official statement on Saturday, LIC announced that it has raised its shareholding in the bank from 4.05 per cent to 7.10 per cent following a <keyword id="19984002" type="General" weightage="20" keywordseo="Qualified-Institutional-Placement" source="keywords">Qualified Institutional Placement</keyword> (<keyword id="19984001" type="General" weightage="20" keywordseo="QIP" source="keywords">QIP</keyword>). "..the Life Insurance Corporation of India ("the Corporation") has increased its shareholding in Bank of Maharashtra ("Company") from 4.05 per cent (pre-allotment) to 7.10 per cent (post allotment)" said LIC. The increased shareholding comes after LIC was allotted 25.96 crore equity shares as part of the QIP issued by the Bank of Maharashtra. Prior to this allotment, LIC held a 4.05 per cent stake in the bank. With the new shares, LIC now owns a 7.10 per cent stake, marking a significant rise in its ownership. The allotment was made under the guidelines of Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations. LIC noted that it has complied with the regulatory requirements, including the details stipulated under the SEBI circular issued in July 2023, which governs disclosure obligations for listed entities. A Qualified Institutional Placement is a way for listed companies to raise capital by issuing equity shares to institutional investors, and this transaction indicates LIC's confidence in the growth potential of Bank of Maharashtra. Bank of Maharashtra is one of the public sector banks, and this infusion of capital through QIP will help strengthen its balance sheet and support its expansion plans.

LIC increases stake in Bank of Maharashtra from 4.05 percent to 7.1 percent through QIP

<ul><li>The 10 <keyword id="8233081" type="UNKNOWN" weightage="20" keywordseo="poorest-candidate-in-maharashtra">poorest candidate in Maharashtra</keyword> together do not even have ₹6000. </li><li>The poorest candidate in Maharashtra, Shrivyakteshwar Maha Swamiji, doesn’t have a single penny. </li><li>The second poorest candidate, Meenaatai Yadav Khilare, has declared total assets worth ₹300. </li><li>Among the 3 poorest candidates, two candidates are from Congress. </li></ul>Shrivyakteshwar Maha Swamiji, who is contesting elections from pilgrimage town of Akkalkot is the state’s poorest candidate with absolutely no assets to his name. The next poorest is Congress’ Meenaatai Yadav Khilare with ₹300 and Akash Prakash Patil of Congress’ party has ₹400. The total worth of the 10 poorest MLA candidate in Maharashtra is ₹5,700. This is heavy divide for the state as the top ten richest candidates <a href="https://www.businessinsider.in/politics/elections/news/the-top-ten-richest-mla-candidates-in-maharashtra-election-together-are-worth-2400-crore/articleshow/71647592.cms">together hold assets worth ₹2,400 crore</a>. Among the three poorest candidates, two candidates are from Congress. There are no candidates from BJP among the top 10 poorest candidate contesting Maharashtra Vidhan Sabha Election 2019. Here are the 10 poorest MLA candidate in Maharashtra: Shrivyakteshwar Maha Swamiji (Katakdhond D.G.) Constituency: Akkalkot Party Name: Hindustan Janta Party Total Assets: Meenaatai Yadav Khilare Constituency: Pimpri (SC) Party Name: IND Total Assets: ₹300 Akash Prakash Patil Constituency: Ausa Party Name: IND Total Assets: ₹400 Suresh Maroti Meshram Constituency: Bandnera Party Name: IND Total Assets: ₹500 Satish Bhaiyyaji Kusaram Constituency: Gadchiroli Party Name: Ambedkarite Party of India Total Assets: ₹500 Jadhav Rajesh Sitaram Constituency: Ratnagiri Party Name: BSP Total Assets: ₹500 Vishwasrao Gunda Ghaste Constituency: Islampur Party Name: IND Total Assets: ₹500 Amol Dilip Itankar Constituency: Nagpur East Party Name: IND Total Assets: ₹500 Vijay Laxman Aarakh Constituency: Bhosari Party Name: Bahujan Mukti Party Total Assets: ₹1000 Ajay Jivram Ingle Constituency: Bhusawal (SC) Party Name: Bahujan Mukti Party Total Assets: ₹1000 See more: 
 
 
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Maharashtra state election 2019: The 10 poorest candidate in Maharashtra together do not even have ₹6000.

Mumbai (<keyword id="19897316" type="General" weightage="20" keywordseo="maharashtra" source="keywords">Maharashtra</keyword>) [India], March 12 (ANI): The Maharashtra government has constituted a <keyword id="20085377" type="General" weightage="20" keywordseo="special-investigation-team" source="keywords">Special Investigation Team</keyword> (SIT) to investigate the allegations of conspiracy and violence during the <keyword id="19936356" type="General" weightage="20" keywordseo="maratha" source="keywords">Maratha</keyword> agitation stir in Maharashtra. Nashik Commissioner of Police <keyword id="20496135" type="General" weightage="20" keywordseo="sandeep-karnik" source="keywords">Sandeep Karnik</keyword> will be the head of the SIT. The SIT was formed on the instructions of the Maharashtra assembly speaker after the matter of threats issued to Deputy Chief Minister Fadanvis was raised in the Assembly by BJP MLAs. On February 28, speaking in the Maharashtra Legislative Council, CM Eknath Shinde said ""Many leaders have become big on the issue of Martha reservation, <keyword id="20040954" type="General" weightage="20" keywordseo="jarange-patil" source="keywords">Jarange patil</keyword> raised demands for Maratha reservation he didn't had any political background and even I went to him. Keeping all the protocols aside I visited him twice. But now he is making remarks against DCM, our ministers and on the government... why? He is using low level language against the DCM, this language is not of karaykarta it's a political language. There are many other castes leaving in the state but this is an attempt to creat conflict between castes too. We won't tolerate such language against anyone. So let SIT investigate the matter and let the truth come out (doodh ka doodh paka pani hone do)" "We have given reservation to Maratha and it will stand in the court too all the guidelines and norms of court has been studied properly and accordingly. We have given reservation, there is no injustice done on any other community but people are spreading rumours that this reservation won't stand in court why? Who is spreading this?" the Maharastra CM said. Jarange-Patil's Maratha reservation campaign is accused of receiving financial support from 'political associates,' and it is alleged that he made inflammatory remarks during the course of the campaign. The Maharashtra State Government had indicated that if Jarange Patil's agitation for the Maratha Reservation is politically motivated, funded, and intended to cause unrest, a comprehensive SIT inquiry would be conducted to assess its implications on law and order in the state. The demand for an inquiry was raised by BJP MLA Ashish Shelar, after which Mharashtra Legislative Assembly Speaker <keyword id="20924374" type="General" weightage="20" keywordseo="rahul-narvekar" source="keywords">Rahul Narvekar</keyword> ordered a SIT probe. Jarange Patil's appeal reportedly led to a significant road blockade in Beed district, causing inconvenience to the public. The police responded by registering a case against him. Additionally, 25 other cases related to traffic jams have been registered in different locations across the Beed district. (ANI)

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