The quarter also saw exits worth $1.9 billion across 37 deals, 59 per cent higher YoY. This was driven by one of India's largest PE-backed IPO exit, the $1-billion partial exit by Carlyle in the SBI Cards IPO.
Low earners, who only months ago were being courted aggressively by private banks and finance companies, have begun returning to him for small loans. The problem of rural debt in India was highlighted last month when the government used the budget to grant a $15bn waiver to indebted farmers. But bankers say the debt troubles in agricultural areas are being matched by rising defaults among urban lower earners.
Most Indian fathers still want their children to study at the IITs and IIMs and draw a six-figure salary.
Jitender Soni gives us a glimpse into the fascinating city.
We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.
Admiral D K Joshi was to have served as naval chief till July 2015. Had he completed his full tenure, then Vice Admiral Satish Soni, currently Commander-in-Chief of the Indian Navy's smallest command, the Southern Naval Command, would have taken over as the next naval chief.
India's earnings from foreign tourists has almost doubled between 2002 and 2005.
P Chidambaram and Rajeev Shukla of the Congress, Bharatiya Janata Party's Sumitra Valmiki and Kavita Patidar, former Congress leader Kapil Sibal, Rashtriya Janata Dal's Misa Bharti and Jayant Chaudhary of the Rashtriya Lok Dal were among the 41 winners declared elected unopposed to Rajya Sabha.
'India not the strongest bowling unit without Ishant Sharma'
The Bay of Bengal base will house nuclear submarines and aircraft carrier
Rajneesh Gupta gives us all the numbers that matter from Day 1 of the fourth Test between England and India at The Oval, on Thursday, September 2, 2021.
The minimum temperature in the capital dropped to 9.6 degrees Celsius, three notches below normal and the lowest this season so far. The maximum is likely to settle around 27 degrees Celsius, the India Meteorological Department said.
The announcement came late Monday evening - and broke the internet. Elon Musk, the world's richest man, had bought microblogging site Twitter for a neat $44 billion. The little blue bird, which is known to take on many avatars depending on the mood, leanings and interests of who it is chirping for, went into overdrive. While some Twitter users flooded the site with memes and humorous takes on the move, the deal also had a fair share of critics.
'What motivated us was that a lot of people, especially youngsters, had a negative image about India.'
'We are today worse off today compared to where we were two years ago by as much as 43 per cent,' notes Mahesh Vyas.
It is interesting to note that both Mayank and Vihari have not lived up to the expectation
The hits and misses of the week.
Besides, Toyota and MG Motor also reported nil sales as they suspended operations even before the imposition of lockdown on March 25 to check the spread of coronavirus. In two-wheeler segment, niche bike maker Royal Enfield said it had zero sales in the domestic market but exported a total of 91 units last month.
Who will win the BCCI media rights? Star or Sony?
Sri Lanka Cricket, currently fighting the menace of deep-rooted corruption, was dealt a blow after its Chief Financial Officer was arrested for alleged financial fraud, police said on Monday.
We have lost Irrfan, but his legacy lives on.
Broadcasting and digital companies are ready to join the country's biggest ever auction of sports rights next year.
The left-hander smashed a 113-ball 151 (8x4, 10x6) to power Madhya Pradesh to victory.
From the 'group of 23' leaders, who had written letter to Gandhi seeking Congress' overhaul, Azad and Sharma continue to be regular members of the CWC,
Hint: It involves a lot of selfies :-)
In 2018, KBC failed to make it to the top 5 shows list, Indian Idol featured on the same thrice.
The air quality had turned 'severe' on Saturday evening with stubble burning accounting for 32 per cent of Delhi's PM2.5 pollution, but firecracker emissions and calm winds made the situation even worse.
Meet the GenNext designers who showcased their collection at Lakme Fashion Week.
Dell emerges the most attractive among technology players.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
Enter the fireworks city of Sivakasi in Tamil Nadu and you can smell a familiar mix of sulphur, potassium nitrate, aluminium and carbon - familiar because if you've ever burst crackers, say on Diwali or Onam, chances are they were made here. Almost every household used to contribute to India's festive joy by contributing almost 90 per cent of the fireworks made in the country. Before the pandemic, around 300,000 people worked in the industry directly and another 500,000 indirectly. Located 540 kilometres from Chennai, Sivakasi is famous for its fireworks and crackers, along with printing and matches, but is almost a ghost town these days.
Miss India World Suman Rao worked her magic at the Lakme Fashion Week.
The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).
In the last five years, 37 bridges have collapsed in Uttarakhand. Another 27 bridges are on the brink of collapse. 'Our politicians don't view these bridge collapses as a setback.' 'Rather they see them as an opportunity to make more money.'
'We cannot have bodies putrefying in water.' 'This is a health hazard and it can create a very inflammatory situation.'
he battle has moved to the small screen and guess who's winning? Urvi Malvania reports.
Micromax was best known so far as the handset vendor which forced Nokia and Samsung to review their strategies for the entry-level market in India.
...it won't be a cakewalk Former England opener Mark Butcher says a series win in Australia will seal India's greatness
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