Amazon Prime Video becomes the first Indian streaming service to secure exclusive live cricket rights from a major cricketing board.
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.
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
With these repayments, RCom has now fully liquidated the borrowings from 23 foreign banks and financial institutions
News of all that transpired on and off the football field...
The CRPF, the country's largest paramilitary force, has been providing security to about 60 dignitaries and high-profile persons, including Union Home Minister Amit Shah, Chief Justice of India SA Bobde, Congress chief Sonia Gandhi and her children Rahul and Priyanka.
The Andhra Pradesh Anti-Corruption Bureau has arrested nine more excise officials in Khammam district on charges of "subverting" the tender process for allotment of liquor shops for pecuniary benefits, the ACB officials said on Friday.
Bus services in the city and some districts of West Bengal were hit on Monday as a section of private bus operators began an indefinite strike pressing for increase in fare, a demand rejected by the state government.
Varun Gandhi adds that communists always joke with him and say he is a "communist in the BJP".
Under-fire India cricketer Hardik Pandya's loose talk could make him a target of the match-fixing syndicates known for laying 'honey traps', believes BCCI treasurer Anirudh Chaudhry.
The IPL, which was indefinitely suspended on Tuesday, had bookies plugging an accredited cleaner at Delhi's Feroz Shah Kotla ground for doing 'pitch-siding' which helps ball-to-ball betting.
Rhea, who was arrested by the Narcotics Control Bureau on Tuesday after three days of questioning, is currently in judicial custody.
Modi later contended at a rally at Gangarampur in Dakshin Dinajpur, that Banerjee has been abusing him almost every other day as he raises questions on Trinamool Congress track record of "corruption".
Associated Journals Ltd (AJL), which runs the National Herald newspaper, on Wednesday told the Delhi high court that the Enforcement Directorate's (ED) May 2020 provisional attachment order attaching its nine-storey building in Mumbai was 'non executable' as the agency has not identified which portions have been attached.
Since 2012, 44 Indians have been anointed as grandmasters -- the highest achievement in chess, points out Arvind Subramanian, economist and former chief economic adviser to the government.
This is her second attempt to seek release after a magistrate court on Tuesday refused to grant her bail. In the fresh plea, filed by her lawyer Satish Maneshinde, the 28-year-old actress claimed to be 'innocent'.
A panel headed by RBI Governor selects PSU bank chiefs.
Agrasain Gehlot has been asked to depose before the investigating officer on Wednesday in Delhi under the Prevention of Money Laundering Act, they said.
Security and stabilisation of Afghanistan will remain a distant dream in Afghanistan unless the syndicate of terrorism is rooted out both inside and outside the country, India told the United Nations Security Council.
>Health Collective is building a safe space for conversations on mental health and illness.
A state-run university in Tamil Nadu has removed noted writer Arundhati Roy's Walking with the Comrades, book from the syllabus of MA English course following complaints, including from Rashtriya Sawayamsevak Sangh affiliate Akhil Bharatiya Vidyarthi Parishad that it glorified the ultras and was anti-national in content.
The officers did not arrest Neeraj Singhal despite CBI Director Ranjit Sinha's orders.
"We do not have a presence there right now and will start operations by end of the third quarter of the next fiscal," said the bank's Chairman and Managing Director Bhaskar Sen.
'We are going to have plane crashes left, right and centre.'
Money Matters Financial Services, whose managing director and two top executives were arrested by the Central Bureau of Investigation in relation to real estate scam, did a debt syndication for at least four real estate companies to the tune of Rs 5,300 crore (Rs 53 billion) since April 2008, an analyst report said.
'We are also seeing the birth of new evil, the new face of drug distribution where human interface has reduced; consumers are using the Dark Web to source supplies and using cryptocurrencies as payment mode.'
Fugitive diamantaire Nirav Modi's sister and brother-in-law have "turned approvers" in the over $2 billion PNB fraud case against him and they will help the Enforcement Directorate confiscate assets worth Rs 579 crore, including Swiss bank deposits, the agency said on Thursday. Forty-nine-year-old Nirav Modi, who is currently lodged in a London jail, his uncle Mehul Choksi and others are being probed by the Enforcement Directorate (ED) in the Punjab National Bank (PNB) money laundering case since 2018. The diamond merchant's younger sister Purvi Modi (47) is a Belgian national while her husband Maiank Mehta is a British citizen. They are stated to be based abroad and have never joined the probe.
A u-turn by the BJP will be an apocalyptic occurrence in Indian politics and society, argues Amulya Ganguli.
'D Company is obviously not a registered company, but the way he organised it, with his kind of vision, which finished the Pathan gang and the older members.'
In his column, Gavaskar had questioned Kohli being the automatic choice for captaincy following the team's exit in the World Cup, saying that the selection committee should have reviewed his leadership and the team's performance.
A Delhi court on Saturday deferred till June 17, the hearing on the bail pleas of suspended Rajasthan Royal's player Ajit Chandila and five others in the IPL spot-fixing row.
Finance secretary Rajiv Kumar was positive in formation of a committee consisting all concerned to address the issues arising out of the proposed merger of 10 banks including preserving the identity of all the banks.
When the BJP forms government in Bengal, the chief minister will be a son of the soil, he said at the rally amid loud cheers from his supporters.
'I urged the chief minister even before she took her oath requesting her to send a tough message to the police and the administration that any violent activity, any destruction of property, any arson, loot in your area, they will be held accountable.' 'Her silence on this speaks volumes.'
In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.
Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.
All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity.
In the nine weeks since Lehman Brothers filed for bankruptcy, global syndicated loan volume declined 37 per cent as against the nine weeks prior period to Lehman's collapse, deal tracking firm Dealogic said. Similar trend was witnessed on the bond market as well. In the nine weeks after the fall of Lehman the global syndicated loan volume dipped 41 per cent as compared to the nine weeks prior to the US investment bank's collapse, Dealogic added.
Mamata said she would be attending it as "constitutional courtesy".
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