Makki was the second in command of JuD and he took over the reins of the group soon after Saeed's detention
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
While the company did not reveal its profit or loss for the period, according to its fillings, food and beverages was the largest category - accounting for 62.23 per cent or Rs 5,184 crore of its total sales.
Google is expected to launch its much-awaited sub-$100 (around Rs 6,000) smartphones in India this month, which will further intensify competition in the booming multi-billion dollar smart devices market in India.
Studies carried on the people of Arunachal's Idu-Mishmis tribe, suffering from this dreaded disease, have discovered a possible reason for the resistance of tuberculosis, said the scientists from the Stanford University and Forsyth Institute.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
Shares of Multi Commodity Exchange of India (have tanked over 11% to Rs 428 on back of heavy volumes on the bourses.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
The FATF warned Pakistan that if it doesn't complete a full action plan by June, it could lead to consequences on its businesses
The Tamil Nadu Irrigated Agriculture Modernisation and Water-Bodies Restoration and Management Project is designed to modernise irrigation systems covering over 600,000 hectares in 63 selected sub-basins throughout the state.
Niti Aayog's plan to create a 'New India' in less than four years should invite scepticism, argues T N Ninan.
The country's present growth rate is 7.6% and its economy is $1.7 trillion.
Amjed Ullah Khan, who carried out investigations of his own and helped rescue 15 women from Hyderabad, tells Syed Firdaus Ashraf/Rediff.com how the women get trapped in an underground slave market that 'sells' them to employers who force them to work for less or no pay and often under inhuman conditions.
Australia all-rounder Shane Watson has suffered a suspected abdominal strain while competing in a Twenty20 tournament in the United Arab Emirates, throwing his participation in the World T20 in doubt.
E-KYCs and Aadhaar authentication are of crucial importance to the fin-tech companies as the recent RBI instructions require strict KYCs for these players to function in the market.
Post-cessation, activities related to the safe shutdown of the field are underway.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
'It would be a travesty if the Malaysian air force likes the Tejas, but decides against it because it sees the IAF reluctance to back the fighter.'
Indications are that Modi will have words of encouragement for Stalin, and the meeting is likely to be much less acrimonious than critics of either would want it to be. notes N Sathiya Moorthy.
Natural Gas production from KG-D6 block has dropped to 25.35 million standard cubic meters a day this month, from over 63 mmscmd peak output achieved in August 2010.
India's wheat procurement in the ongoing Rabi marketing season has already crossed a record 10 million tonne.
Asian Development Bank to give $300 milion loan to India.
'Now that the Ram mandir is done, we need to move on. And grapple with COVID-19, a sputtering economy, a belligerent China...' 'The temple may win a few more elections for the BJP, but by itself it won't solve the nation's growing problems of economic and social distress,' notes Virendra Kapoor.
Chief Minister Stalin seems to have drawn a line between his personal beliefs and those of others in the family, beginning with wife Durga Stalin, observes N Sathiya Moorthy.
The textiles sector is India's largest organised employer and critical for the prime minister's dream of creating jobs
The procedure, however, would cost around Rs 75,000-100,000 more than conventional angioplasty.
In India and Bangladesh alone, more than 500 million people speak these five languages.
With an aim to further liberalise the capital market, the government is contemplating to allow foreign individuals - Qualified Foreign Investors (QFIs) - to buy equities directly in stock markets, a senior Finance Ministry official said.
"Also, 35 per cent deaths were recorded in the age group of 45-60 years, 10 per cent in the age group of 26-44 years and one per cent each in the age group of 18-25 years and below 17 years," the health secy said.
With Pakyong now usable by AN-32s, the Indian Army can quickly move soldiers, weapons and supplies to this highly sensitive sector, which includes flashpoints like Doklam, Nathu La and the Siliguri Corridor.
In Assam, nearly 27.80 lakh people across 26 districts have been affected by the deluge. The deaths were reported from the Barpeta, Kokrajhar and Morigaon districts. The death toll due to floods and landslides this year has risen to 122.
On the shopping list: Light tanks, anti-tank guided missiles, UAVs, assault rifles, fighter aircraft.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
As wholesalers largely failed to meet GST norms, companies were in a fix. According to industry veterans like Sunil Duggal, chief executive of Dabur, the hazard led many to look beyond third-party distribution and take the leap to cover unattended markets directly.
'The impact of COVID-19 on the economy has been so overwhelming that even a significant drop in global oil prices, which in normal times would have brought cheer, has posed new challenges for the government,' observes A K Bhattacharya.
The failure of big-budget Bollywood movies show that mega stars such as Salman Khan, Shah Rukh Khan, Hrithik Roshan, Ranbir Kapoor, Katrina Kaif and Anushka Sharma are struggling to impress the audience.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
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