JD-S on verge of split

August 4th, 2009 UK's nationalized Northern Rock plans to splitLONDON — Nationalized bank Northern Rock on Tuesday saw its first half loss rise 31 percent to 740 million pounds ($1.25 billion) as bad loan provisions swelled to over a billion pounds and said it is working on a plan to split its operations into two. Northern Rock, which was the first British bank to fall victim to the global credit crisis, reported net interest income of 74.2 million pounds compared with a loss of 51.9 million pounds a year ago.

July 16th, 2009 Gov't stepping up pressure on mortgage companiesWASHINGTON — A government official says the Obama administration is ramping up pressure on the mortgage industry to aid more homeowners on the verge of foreclosure. Herbert Allison, the Treasury Department's assistant secretary for financial stability, says the administration is prodding mortgage companies to add more staff and beef up training as part of an effort to "improve the execution quality of loan modifications." In written remarks prepared for delivery at a hearing of the Senate Banking Committee, Allison says 27 companies are participating in the $50 billion program, which President Barack Obama launched in March.

July 4th, 2009 NEW DELHI - The Janata Dal-Secular (JD-S) led by former prime minister H.D. Deve Gowda appeared to be on the verge of a split as its national executive Saturday rejected Kerala unit president M.P.

July 1st, 2009 NEW DELHI - Tough measures may be on the cards as the Communist Party of India-Marxist (CPI-M) politburo meets here July 4 and 5 to address the bitter feuding between two veterans of the party's Kerala unit - Chief Minister V.S. Achuthanandan and Pinarayi Vijayan.

May 22nd, 2009 KATHMANDU - Nepal's former Maoist guerrilla party Friday said they would run the race for a new prime minister, ending a three-week deadlock that had gripped the nation after the fall of their government and threatened to disrupt the birth of a new constitution. Maoist Information and Communications Minister Krishna Bahadur Mahara told the media after consultations among top party leaders Friday that his party would put up a candidate in the election to choose a successor to caretaker Maoist premier Pushpa Kamal Dahal Prachanda.

May 11th, 2009 LUDHIANA - Taking a dig at the unity show presented by the National Democratic Alliance (NDA) partners here Sunday, Prime Minister Manmohan Singh said Monday that the split in the NDA 'is very much there' and would begin to show after the elections. 'It is wrong to say that the NDA has not split.

May 6th, 2009 GM plans 1-for-100 reverse stock splitDETROIT — General Motors Corp. notified shareholders Tuesday it is planning a reverse stock split that would give them one share of new stock for every 100 shares they currently own.

April 25th, 2009 Rebels warn of starvation in Sri LankaCOLOMBO, Sri Lanka — The Tamil Tiger rebels say that tens of thousands of civilians trapped in Sri Lanka's northern war zone are at imminent risk of starvation. The rebels said in a statement Saturday that food stocks in the northeastern war zone had dwindled and urged the international community to push the government to allow food shipments to enter.

April 23rd, 2009 THIRUVANANTHAPURAM - With sharp divisions in the five-member legislature party of the Janata Dal-Secular (JD-S) in Kerala over links with the ruling Left Democratic Front (LDF), it appears that it is only matter of time before the party's state unit splits. The party's relations with the LDF worsened when the JD-S state unit chief and sitting MP from Kozhikode M.P.Veerendra Kumar was denied the seat by the Communist Party of India-Marxist (CPI-M).

April 22nd, 2009 NEW DELHI - Zac Efron's first movie after 'High School Musical' franchise-17 Again-opened to a huge response, and from here the actor is carefully planning his next move. The 21-year-old actor has said that he is thinking very carefully before taking up a new project in hand, reports The China Daily.

April 7th, 2009 NEW DELHI - Bollywood superstar Hrithik Roshan has rubbished reports of his having split with wife Suzanne saying that he is having 'a picnic' with her and their kids. A leading Mumbai tabloid reported that Hrithik and Suzanne have parted ways when she had moved to her parents' house.

March 17th, 2009 NEW DELHI - A man was killed and another critically injured after their motorcycle fell off the Palam-Dwarka flyover in the national capital Monday, the police said. As many as eight people have died on the stretch in the last eight days.

March 17th, 2009 TEHRAN - Iranian former president Mohammad Khatami quit the presidential race Monday night to support former prime minister Mir-Hossein Moussavi in the June 12 election. The two candidates had similar platforms, and observers believed they could split the moderate vote to the advantage of President Mahmoud Ahmadinejad, whose ultra-conservative faction has named him as its sole candidate.

February 11th, 2009 NEW DELHI - Despite his over four-year-old relationship with model-actress Udita Goswami, filmmaker Mohit Suri says they have never tried to be a celebrity couple. 'Udita and I have been together for nearly four-five years now.

February 10th, 2009 MUMBAI - Samajwadi Party general secretary Amar Singh Wednesday said his party was in talks with the Nationalist Congress Party (NCP) for an alliance before the general elections, leaving the Congress aside. Amar Singh said here that he will have a meeting with NCP chief Sharad Pawar here Thursday to discuss seat-sharing between the two parties.