The struggling Phoenix Suns have signed former All-Star guard Michael Redd to boost their scoring depth, the National Basketball Association team said on Thursday.
Future group promoter Kishore Biyani's stake fell consistently across group companies since December 2019 after American retail major Amazon infused funds in a Future group promoter entity and the group companies started showing signs of financial distress due to closure of stores due to Covid-19 pandemic. As lenders take Future group companies to the bankruptcy courts to recover their dues under the Insolvency and Bankruptcy Code, the shareholders of Future group companies are staring at complete wipeout of their investments as secured lenders get top priority in any potential recovery, say lawyers. "The fate of all Future group shareholders is now sealed with them looking at a complete loss.
Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
It's a film within a film with some funny scenes.
Over 1.6 billion people depend on forests for some part of their livelihoods, but only 9 per cent is legally owned by forest-dependent and indigenous communities.
As the talks for a global climate change deal was poised to go down the wire, India on Wednesday had something to cheer as the second draft for an agreement incorporates a key demand of New Delhi, relating to emissions from deforestation and funding for mitigation projects.
The Indian duo of Jameeludd Mohammed and Ravinder Redd Sara started their beach volleyball campaign at the Asian Games on a losing note suffering a 0-2 defeat at the hands of their Japanese opponents in their opening pool match in Guangzhou on Tuesday.
As the assembly elections loom large over Andhra Pradesh, a race of sorts has already begun among the political parties to offer sops and make populist promises.
"We are working on using land resources and PPP model for having more residential as well as office accommodation in the future," Urban Development Minister S Jaipal Reddy said on Tuesday while laying the foundation stone of general pool office complex in New Delhi. Comparing the VIPs' penchant for pet accommodation and dream houses to road rage in the city, Reddy said the ministry is facing 'house rage' in the capital.
Another attack on America is only "inevitable", Vice Admiral (retd) John Scott Redd, the head of the National Counter Terrorism Center, told the Newsweek magazine.
Here are some of the best images of winners and finalists.