India, Jan. 17 -- A day after the BJP-led Mahayuti stormed to power in the crucial Brihanmumbai Municipal Corporation (BMC) along with 24 other municipal corporations across the state, Maharashtra Navnirman Sena (MNS) chief Raj Thackeray broke silence on the poll defeat and described the battle as one between "immense financial power and the power of authority versus Shivshakti".

Across 29 municipal corporations in Maharashtra, the BJP won 1,425 seats out of a total of 2,869 seats. Meanwhile, Eknath Shinde's Shiv Sena bagged a total of 399 seats and Ajit Pawar's NCP won 167 seats. While Raj Thackeray's alliance member Shiv Sena (UBT) secured 155 seats, his MNS party won only 13 seats. Follow live updates here.

Not only did the Thackeray...