Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms. Since the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital are claiming that their bids are the highest and fully implementable. According to sources, suitors have submitted bids in the range of Rs 35,000-37,000 crore.
Dr Archana Sharma committed suicide on Tuesday due to alleged harassment after police filed an FIR against her under Section 302 (murder) of the Indian Penal Code.
The bill now heads to the White House for President Donald Trump's approval.
Indian Parliament's new building will have a triangular shape to reflect the importance of triangles being a sacred geometry in various religions, while its interiors will have three national symbols as their main themes -- Lotus, Peacock and Banyan Tree.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
House Speaker Nancy Pelosi in a statement said Trump's pardoning of Michael Flynn, who twice pleaded guilty to lying to the FBI about his dealings with a foreign adversary, is an act of grave corruption and brazen abuse of power.
Piramal Enterprises' bid for debt-ridden DHFL received the most votes from lenders at the close of the voting process on Friday, sources said. Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital. Voting was done on various parameters, including qualitative and quantitative.
She will replace US Supreme Court Judge Justice Brett Kavanaugh who was nominated by President Donald Trump for the top post.
Senior sports administrator Anil Khanna on Wednesday quit as acting president of the Indian Olympic Association (IOA), almost two weeks after the International Olympic Committee (IOC) refused to recognise any "acting/interim president".
Speculation is rife that Trump may skip Sabarmati Ashram to make time for a visit to Agra, Vinay Umarji reports.
The 29 million (Rs 240 crore) restoration of the Big Ben was signed off in 2015 by the Commons Administration Committee.
Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.
India women claim hockey CWG medal after 16 years
The controversial memo drafted by GOP House Intelligence Committee Chairman Devin Nunes alleged the FBI abused its surveillance authority.
The defence secretary was responding to a question from Congressman Joe Wilson, a friend of India in the Congress who, of late, has been critical of India deciding to take an independent position on the Russian invasion of Ukraine.
But there have been no changes in the hostel fee structure for BPL students who avail scholarships and for non-BPL students, the varsity said.
Following the suicide of a student allegedly over financial constraints, the Lady Sri Ram College has announced reduction in fee for a few courses, setting up a committee to provide laptops and allowed some second-year students to reside in hostels.
The activities of the two secretariats over the years have increased many folds which involve manpower planning, judicious and prudent financial management, transfer, postings of senior officials, meeting the grievances of the officials and staff, reveals Rup Narayan Das.
A week after violence erupted in Uttar Pradesh over the remarks on Prophet Muhammad by a Bharatiya Janata Party leader, no untoward incident took place following the Friday prayers, an official said in Lucknow.
Federal Bureau of Investigation director Christopher Wray on Thursday expressed concern that foreign terrorist organisations (FTOs), such as the Islamic State and Al Qaeda, may either launch or inspire large-scale attacks against the United States.
'We don't know when the BJP tried to induct Sourav Ganguly into the party. Sourav Ganguly is a cricketing legend. Some people are now shedding crocodile tears about the changes in BCCI. Did they have any role when he took over as BCCI president? The TMC should stop politicising every issue.'
The House of Representatives needs to pass similar bill to avoid a government shutdown this weekend. House, in which the Republicans currently has a majority, is expected to pass the bill, but unlikely to include funding for the border wall.
Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.
The last US president to skip the inauguration of his successor was Andrew Johnson, in 1869.
The original petitioner in the 2013 Indian Premier League spot-fixing case Aditya Verma will appeal to the Supreme Court to exempt BCCI president Sourav Ganguly's compulsory three-year cooling off period which starts in July. As per the new BCCI constitution based on Justice Rajendra Mal Lodha committee's reforms, any person who has been an office bearer in state as well as BCCI for consecutive period of six years will have to go for compulsory cooling off period of three years.
United States President Barack Obama has nominated popular Indian-American actor and former White House staffer Kal Penn for a key administration post of member of the President's Committee on the Arts and the Humanities.
The Centre and state governments have shied away from highlighting the ISI's attempts to displace Hindus and create corridors of sympathetic demography to further their designs especially along the communication arteries from Jammu to the Kashmir Valley.
The family, which had refused to conduct his last rites, was assured that they would be provided Rs 10 lakh compensation, a contractual job for a dependent and a house under Indira Awas Yojna besides removal of a local revenue officer and a station house officer, police said.
"We have come to realise that these elections are being held to facilitate only one party -- ruling party," Congress leader Ghulam Ahmad Mir said.
This is the first time the All India Football Federation (AIFF) has been banned by FIFA in its 85 year history.
The reports quoting unnamed senior administration officials came amid an increasing demand in this regard from US Senators even as the Trump administration called a meeting of the UN Security Council on Iran's ballistic missile tests.
The Karnataka Cabinet on Monday decided to rechristen 'Mumbai-Karnataka' region consisting of seven districts as 'Kittur Karnataka.'
Berman's bill -- which is in all respects similar to the Senate Committee's Bill that the government of India has found objectionable and offensive -- contains the additional proviso that in the event of a nuclear test by India, which leads to the automatic termination of the deal, the presidential waiver of this termination could be limited.
The senior Congress leader was in a coma since October last year, when he was admitted to AIIMS after he suffered a brain haemorrhage.
Pelosi's announcement did not go down well with Trump, who termed it a "total witch hunt" and "presidential harassment".
The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the order of NCLT Mumbai directing the lenders of DHFL to consider the offer by the debt-ridden mortgage firm's erstwhile promoter Kapil Wadhawan. A vacation bench of NCLAT comprising Acting Chairman Justice A I S Cheema and Member Technical V P Singh stayed the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT). On May 19, NCLT Mumbai had directed the settlement plan offered by Wadhawan to be considered by the lenders of DHFL, one of the lawyers engaged in the matter said.
'You can still hear gunshots, and this time even children know they are not normal.'
Both statesmen possess a cultivated pugnacious style which they keep in reserve and can at will bring into play, and despite the mutual distrust in Russian-American relations, they are proponents of detente, quintessentially, who take their mission deadly seriously, points out Ambassador M K Bhadrakumar.
US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The committee of creditors had fixed December 14 as the last for submission of revised bids. According to the sources, Oaktree raised the bid to Rs 36,646 crore, including Rs 1,000 crore for insurance and Rs 3,000 crore of interest earned, while Piramal Enterprises offered Rs 35,550 crore, including Rs 300 for insurance and Rs 3,000 of interest earned.
India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the Trump administration and the US lawmakers.
