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Indian missions in Afghanistan on high alert

Amid intelligence inputs that its interests in Afghanistan may be targetted by Taliban and other terror groups in the wake of the killing of Al-Qaeda chief Osama bin Laden, India has tightened......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Finmin to form company to take over bad loans

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There......

Foreign investment ceiling in ARCs raised to 74%

Foreign investment ceiling in Asset Reconstruction Companies (ARCs) has been increased to 74 per cent from 49 per cent, a move aimed at bringing more foreign expertise in the segment. "The ceiling......

Bengal wants to sell bad assets to Arcil

In what will be the first deal of its kind, West Bengal Industrial Development Corporation is in talks with asset reconstruction company Arcil to sell a part of its distressed assets.So far, Arcil......

Ambit plans stressed assets biz, NBFC

The Ashok Wadhwa-promoted Ambit Holdings is planning to start a stressed asset business and a non-banking finance company by the end of this financial year. The stressed asset business would be a......

Arcil to acquire bad loans from two PSBs

Asset Reconstruction Company has acquired bad debts totalling Rs 805 crore (Rs 8.05 billion) from ICICI Bank and National Housing Bank (NHB) and is close to finalising 2-3 more deals including......

  People speak for asset reconstruction company

  • QNA
pravin
Q. Asset Reconstruction Company of India (ARCI) has been launched to deal primarily with:
Pravin:  A.  more

http://qna.rediff.com/questions-and-answers/asset-reconstruction-company-of-india-arci-has-been-launched/25526970/answers/

pravin
Q. Now Narender Modi is being said capable most candidate for the post of prime minister even by top industrialists. Do you too agree with them all?
Pravin:  A. yes I fully agree because Narendra Modi is the most active person in politics who is honestly and sincerely working. But unfortunately dirty lot of...... more

http://qna.rediff.com/questions-and-answers/now-narender-modi-is-being-said-capable-most-candidate-for-t/25526970/answers/12790913

Sanjay Mehta
Q. SPIC ---the petrochemical / fertilizer l industry is deep in the red now. But some time ago I read a statement in a prominent economic site that it will soon become the Infosys of fertilizers. Are these the gimmicks of the promoters to boost the share price and then offload their stake in the market? Who can protect the poor shareholders from such dirty games played by the promoters?
Sanjay Mehta:  A. There are lot of rumours going on about SPIC. This had happened about 4 or 5 years ago where a revival programme was mooted. God knows what...... more

http://qna.rediff.com/questions-and-answers/spic----the-petrochemical--fertilizer-l-industry-is-deep-in-/12782453/answers/16366190

Good Citizen
Q. No country is free from social evils of one form or the other but most of them conceal it from the foreign media and try to address it within.India sadly exports her poor underbelly stories to the world(slumdog millionaire).Do not you think that our government has to do some international public relation homework to project the image of an emerging nation to the world than being allowed to be portrayed as a land of snake charmers,elephants and unimaginable poverty?Serious thoughts are most welcome.
Good Citizen:  A. People say sometimes that the capitalism is dead and confined to negligible limited section of the society and at some other time same people say...... more

http://qna.rediff.com/questions-and-answers/no-country-is-free-from-social-evils-of-one-form-or-the-othe/16363693/answers/12790255

vinod
Q. Do we Involve ourselves in Politics or Politics Involve us ..??
Vinod :  A. None of these two. We are silent spectator of what is happening.system is wrong or enforcing agencies are wrong but we are getting torture in...... more

http://qna.rediff.com/questions-and-answers/do-we-involve-ourselves-in-politics-or-politics-involve-us-./12789641/answers/12790252

  Web results for Asset Reconstruction Company
UCO Bank net up 2% as provisions for NPAs drop

Summary Public sector lender UCO Bank on Friday reported a 2% y-o-y rise in the net profit to R521.40 crore in the June quarter on the back of a... ...

http://www.financialexpress.com/news/uco-bank-net-up-2-as-provisions-for-npas-drop/1273938/
Funding of long-term infrastructure loans will offer banks greater flexibility

While the Budget proposals allow banks to issue long-term infra bonds without reserve requirements, this is applicable only for incremental... ...

http://www.thehindubusinessline.com/industry-and-economy/banking/funding-of-longterm-infrastructure-loans-will-offer-banks-greater-flexibility/article6249954.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Sensex, Nifty under pressure; pharma, FMCG up; ICICI falls

01:00pm Market Check The Sensex dropped 193.33 points to 26078.52 and the Nifty fell 60.70 points to 7769.90. About 790 shares have advanced,... ...

http://www.moneycontrol.com/news/local-markets/sensex-nifty-under-pressure-pharma-fmcg-up-icici-falls_1137175.html
SBBJ

Jyoti Ghosh MD State Bank of Bikaner & Jaipur P Even the asset quality improved significantly during the quarter with the gross NPA falling... ...

http://www.moneycontrol.com/news/results-boardroom/timely-restructuring-improved-asset-qualityq1-sbbj_1137136.html
SBI takes symbolic possession of Birla Precision Technologies' assets

Birla Precision Technologies' lender bank - State Bank of India, Mumbai Branch, has taken symbolic possession of the company's property situated at... ...

http://www.indian-commodity.com/corporate/sbi-takes-symbolic-possession-of-birla-precision-technologies-assets.aspx

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