Government banks have repeatedly failed to take quick action against defaulters. They only raise an alarm when the loan turns into a non-performing asset. A fitting example of this attitude is Vijay Mallya's Kingfisher.
Curfew was relaxed from 7 am for ten hours on Monday in Assam's violence-affected silk town of Sualkuchi, where the situation continued to remain tense due to violent protests against trading in synthetic and Benarasi silk garments.
The seniors may no longer be the flavour of the season when it comes to Indian cricket but veterans Yuvraj Singh and Zaheer Khan are leaving no stone unturned to make an unlikely comeback to the team.
Manchester United veteran Ryan Giggs believes that new boss David Moyes will keep the club at the top of their game, as the former Everton manager prepares to take up the daunting task of following in the footsteps of the legendary Alex Ferguson.
Top Dravida Munnetra Kazhagam leaders, including party chief M Karunanidhi's son MK Stalin and daughter Kanimozhi, besides thousands of party workers today courted arrest across Tamil Nadu as part of a 'fill-the-jail' protest against the All India Anna Dravida Munnetra Kazhagam government which has "foisted cases" against its cadres.
Gujarat Parivartan Party President Keshubhai Patel on Wednesday said Gujarat Chief Minister Narendra should first make his expenses on foreign trips public before raising questions over expenditure incurred on Sonia Gandhi's foreign tours.
Both the regulator and bank managements will face the challenge of restoring confidence.
The government expects to conclude the agreement during the December 20-21 meet.
Last year, Newsweek came up with a list of greenest companies of the world and for that, it compared the actual environmental footprint, management (policies, initiatives, controversies) and transparency of various companies.
Reliance Industries on Monday reported Q2 net profit at Rs 5,490 crore from Rs 5,409 crore a year earlier.
This is the third instance when outsourcing of key oversight jobs by global banks to India has come under the regulatory scanner abroad for ineffective controls against suspicious financial transactions.
The West Indies Cricket Board (WICB) has postponed their One-day International series at home against Pakistan, according to reports.
In order to avoid a repeat of the Monika Devi doping scandal-like incident before the Olympics, the National Anti-Doping Agency has tested the urine samples of all Indian athletes except a few who were based abroad for training, its Director General said on Wednesday.
The Supreme Court on Tuesday allowed alleged Naxal sympathiser Soni Sori, arrested for allegedly helping the outlaws in Chhattisgarh, to be shifted from a Raipur jail to one in Jagdalpur.
Andhra Pradesh Police on Friday said the face of one of the suspects of February 21 Dilsukhnagar twin blasts case in Hyderabad was clearly captured by CCTV cameras and efforts are on to identity the person.
There are some things you must be careful of while using online stock trading websites. Here are five common mistakes that you must not make.
Indian nationalism is not based on language, or geography, or ethnicity, or religion, but is that of an idea of an ever-ever land -- emerging from an ancient civilisation, united by a shared history, sustained by pluralist democracy, says Shashi Tharoor in the 5th annual lecture on 'Who is an Indian? A nation of minorities' organised by the National Commission of Minorities
The crisis in Jammu and Kashmir cricket deepened on Thursday with senior state team skipper Samiullah Beigh blaming coach Bishan Singh Bedi for 'creating rifts' among players.
It is not so much a fear of failure for a man who in more than a decade at Everton did not win a trophy, rather the stature of the 20-times English champions and the huge success of his long-serving predecessor Alex Ferguson.
Expressing concern over repeated fire incidents in trains, a parliamentary panel has asked the Railways to find a solution to the problem with the help of technology and experts to prevent recurrence of such incidents.
The placing of four satellites into orbit on October 12, 2011 is yet another milestone in the glorious career of Indian Space Research Organisation's trusted Polar Satellite Launch Vehicle.
World champion Viswanathan Anand played out a draw with compatriot P Harikrishna and slipped to second spot at the end of the sixth round of Tata Steel Chess tournament in Wijk Aan Zee, The Netherlands on Saturday.
Bajaj added that doing something like insider trading was height of stupidity.
The Communist Party of India (Marxist) leader Mohammed Salim has accused Trinamool Congress chief Mamata Banerjee of trying to be more "Leftist than the Leftists" by attacking the government over reforms including FDI in retail.
Let's take a look at some of the most expensive cars sold at auctions in 2012.
Sri Lanka's new spin bowling hope Akila Dananjaya already feels so at home in the setup he has commandeered a senior teammate as a chauffeur.
The recent US actions, targetting trade practices of China, are not driven by the upcoming presidential polls, Obama administration has said.
West Indies batting great, Brian Lara, after being inducted into the ICC's Hall of Fame, dedicated the honour to his late father Bunty and siblings -- brother Winston and sister Agnes -- and said they all played important roles in his development as a cricketer.
DMK's TR Baalu said the name of the person cannot be divulged as of now and parried questions on whether the candidate is among the five persons whose names have been made public. "Madam will announce it shortly. Not today... At any point within this week," he said.
The payment is on top of the $340 million it has already paid to the New York State Department of Financial Services.
Raja Sen picks up 10 unpredictable Oscar winners over the years.
Raja and Kanimozhi met Karunanidhi at his Gopalpuram residence.
Delhi-based Harnoor Channi-Tiwary visited the city of dreams and drew up this list for you, our readers!
The legendary actor passed away in the wee hours following cardiac arrest. He was 77.
The Dravida Munettra Kazhagam is hopeful of getting the railway portfolio in the next reshuffle, say our sources in Delhi. Buzz is that the DMK had specifically asked for railways even in 2004, which did not happen.
Mihir Trivedi who weighed 120 kilos tells us how he shed those extra kilos and got back in shape.
Four Air India international flights were cancelled from Delhi and Mumbai today after about 100 pilots refused to join work.
Unidentified gunmen abducted two railway drivers from a hilly area near Bairabi Railway station in remote Kolasib district in Mizoram late on Thursday. The abduction sparked mass protests by the railway staff in south Assam on Friday, paralysing railway services in Silchar-Badarpur section.
"The Railways today has become a mess," former railway minister Dinesh Trivedi told rediff.com as he spoke about the fire on the Tamil Nadu Express that claimed 37 lives in the wee hours of Monday. "Cancer has set in the Railways years back. It's like a disease that has never been treated and hence people continue to die."
The Allahabad high court on Tuesday issued notice to dentist Rajesh Talwar, facing trial in the murder of his daughter Aarushi, on an application filed by the Central Bureau of Investigation challenging the trial court's decision to extend the bail granted to the accused.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances