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Managing Director Rajiv Lall

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India is an 'emerging democratic superpower': Australian PM

Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an......

RBI bans DHFL from taking deposits under Piramal's management

The Reserve Bank has revoked the deposit-taking status of  Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a......

Sector-specific steps must, says India Inc

Some sectors like aviation, hospitality, travel and tourism, and automobile have witnessed zero cash flow since the lockdown began. Illustration: Dominic Xavier/Rediff.com The Rs 20-trillion......

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore. Illustration: Uttam Ghosh/Rediff.com Creditors to Dewan Housing Finance......

In a first, RBI sends DHFL to NCLT for debt resolution

Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter. Illustration: Dominic Xavier/Rediff.com The Reserve Bank on Friday sent the troubled......

'For any technology in force today there are security risks'

'Aadhaar Pay makes cashless transactions possible even for those who do not have mobile phones. Only the merchant needs a smartphone.' 'The most important thing that has happened on account of......

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