Air India is understood be in negotiations with state-run banks to avail working capital loans at low interests.
Six people, including three footballers, have reportedly been arrested in England on suspicion of fixing football games in the country, sending shockwaves through the entire British football fraternity.
The appointments in 2009-10 would include the CMDs of Syndicate Bank, Bank of India and United Bank of India, sources said. These appointments will be there because of vacancy arising on account of superannuation of the existing chiefs, sources said.
Though Infosys did not elaborate why it has parked more money with PSBs, bankers indicated the prime reason was the high deposit rates. Large private players such as ICICI Bank, which were till early last year offering higher interest rates, have withdrawn from that segment. In contrast, till November-end, PSBs were offering up to 400 basis points higher on bulk deposits to mop up resources for the increase in demand for loans.
Sunday Times reports Tata Group has agreed in principle to invest pound 100 million alongside refinancing.
The Allapuzza the police found that nearly 1,700 girls were trapped in sex rackets. Many of them were exploited due to their poor financial background and some were threatened and blackmailed into the trade. Vicky Nanjappa reports
'Diana has sought legal opinion whether the duo can be banned. So, obviously a decision will be taken once she gives her nod. As far as I am concerned, the comments were crass, in bad taste and unacceptable'
A high-level three-member committee is formed to grow awareness about fraudulent job offers.
Holding that a person can be charged under MCOCA even if no charge sheet has been filed against him in the past, the Bombay High Court has refused to discharge an alleged aide of gangster Guru Satam from trial.
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
England and Australia cannot come to terms with India's growing importance in world cricket, according to Sunil Gavaskar, the International Cricket Council's cricket committee chief.
"It is in the interest of Pakistan itself that it delivers. They have to take action to fulfill the assurance that their territory will not be used by organised terror outfits to target India," Minister of State for External Affairs Anand Sharma said.
Investors' money will remain in accounts till allotment.
Higher education policy may be at the core of the Tamil Nadu assembly polls next May, with a potential to break the ties between the ruling AIADMK in the state and the BJP counterpart at the national level, says N Sathiya Moorthy.
Color Chips India Ltd's Syndication division has signed up with comic book publisher in India Diamond Comics Pvt Ltd for supply of content and comics. The value of the order estimated at over Rs 20 million.
The Sebi intends to introduce the Application Supported by Blocked Amount, which will require retail investors bidding at a cut-off price, to apply through self-certified syndicate banks in which they have accounts.
The increased vigil comes after the Narcotics Control Bureau recently busted two international syndicates operating through a call centre and a software firm to smuggle Psychotropic drugs overseas. NCB seized over 90,000 regulated and banned tablets valued at over Rs one crore in the international market that were to be smuggled out.
Joint Commissioner of Police (Crime) Rakesh Maria said the department is seriously considering taking action against those behind an over 30-minute interview of gangster Bunty Pandey telecast last week.
'The moment you increase the possibility of making a team winning or losing a game that's where match-fixing happens. And whenever match-fixing happens, it can only happen at the players' level. If a player is not fixed to perform a particular task then how can one generate money?'
Gangster-turned-politician Arun Gawli along with seven other gang members, including his brother Vijay Ahir, were booked under the provisions of the Maharashtra Control of Organised Crime Act in connection with an extortion case on Tuesday
Prime Minister Narendra Modi on Sunday said that Mamamta is busy fighting with the poll panel instead of taking on political parties.
Factors like dedicated recovery teams, centralised follow-up on bad loan accounts and resolutions via NCLT are driving the trend
While lashing out at Mamata Banerjee, the prime minister said he was going for a rally in Dum Dum later in the day but was not sure if the West Bengal Chief Minister will allow his helicopter to land.
The BCCI said its chief selector has been asked not to do so as there appears to be a conflict of interest on the issue.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Membership to help domestic banks access developed markets.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
Sadhvi, in her bail plea, claimed that she has been languishing in jail for over six years and with two probe agencies submitting contradictory findings to the court, it would not be correct to keep her in jail.
Several PSU lenders, including Canara Bank, Bank of India and Bank of Baroda, Syndicate Bank, have already slashed their benchmark prime lending rates by 0.75 per cent after Finance Minister P Chidambaram met state-owned banks' heads to discuss the possibility of rate cuts.
Here is how the parents of S Sreesanth, Ajit Chandlia and Ankeet Chavan reacted to the court's verdict to dismiss all charges against them.
Audio intercepts of telephone calls was played by the Delhi police, on Tuesday, in a Delhi court to buttress its claim about the nexus between underworld don Dawood Ibrahim and bookies in the IPL spot-fixing scandal.
Export Development Canada has announced its $100 million participation in a 10-year $2 billion syndicated loan for Reliance Industries Limited.
There are many such young men in Maharashtra, mainly in the industrially backward Marathwada region, who had once fallen victim to ISIS's propaganda but are now leading a normal life with the help of the employment training programme.
The charges follow the arrests of 10 people across Melbourne on Sunday as part of an investigation into the 12-team Victoria Premier League soccer which has been dubbed the nation's biggest matchfixing scandal by local media.
The financial position of India's public sector banks (PSBs) has deteriorated sharply over the past financial year.
Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans
The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits.
In order to acquire scale, a host of news and current affairs broadcasters are looking at starting even entertainment channels.
Essar Communications mandates four international banks to arrange a fully-underwritten $3.59 billion term loan
Bharatiya Janata Party termed the Haryana government's approval to the land deal between Robert Vadra and DLF as its "parting gift" to the Gandhi family and questioned the Bhupinder Singh Hooda dispensation for displaying "haste" in clearing it.
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