Lenders to DHFL will meet early July to hammer out a rescue package, which will include the reworking of loan payments, fresh working capital support, roping in a financial investor, and the promoters ceding control.
Applying for a passport is no longer the nightmare it used to be, thanks to the government outsourcing parts of the process. But there still are things you need to know before you take the plunge.
Prabhat Singh, who is said to be working for a Hindi national daily, was picked up by the Bastar police on March 21 from Dantewada district and arrested on Tuesday.
The seeding of LPG database with Aadhar numbers is above 55 per cent and overall Aadhar penetration is 90 per cent in these districts.
'The only way to contain this is to see that a lesser number of people are affected.'
Chhattisgarh proves no cash transfer or UID is needed to make PDS work.
Rejecting contentions that the government is implementing the Aadhar enabled Direct Benefit Transfer (cash transfer) system in a hurry, Finance Minister P Chidambaram told the Rajya Sabha on Thursday that the measure being implemented step by step will eliminate leakages, delays, duplicacies and falsification.
'If the government published the actual number, people will start crying on the road.'
As the Centre declares that no Indian has the Right to Privacy under the Constitution, distinguished Constitutional experts disagree.
'We will do a holistic review of the entire act and the policy at the state level and I need to be convinced that not a single Jharkhandi is uprooted from his or her home due to this law'
The Reserve Bank on Tuesday announced a slew of measures, including a simplification of the stringent KYC (know-your-customer) norms, to make banking easier for the common man.
Television anchor and actress Mini Mathur, husband Director Kabir Khan (whose film '83 on India's first cricket World Cup win releases on April 10) and their children Sarah and Vivaan are currently holidaying in the Maldives.
'Today, we being the majority pass a law and if the Opposition parties do not like it, they throw files at the Chair, and beat up women marshals.'
Banerjee has held five rallies in Kolkata in 11 days against the CAA.
'Opt for this facility only after doing a cost-benefit analysis: Will the savings in interest cost by parking your surpluses in the home loan overdraft account outweigh the higher interest cost of this loan?'
If the policy is extended to NBFCs and co-operative banks, they will have to disclose divergence in asset classification and provisioning during RBI inspections in their audited financial reports. Till now, these entities have been exempted from this. At present, there are more than 98,000 co-operative banks and 10,000 NBFCs. Sources said the RBI would concentrate on the top 50 co-operative banks and NBFCs.
Telecom services provider Reliance Communications (RCom), in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore (Rs 3 billion) contract for government's national identity card programme, Aadhaar.
The statutory status will provide a legal foundation to Aadhaar.
Nandan Nilekani -- a former chief executive officer of Infosys and architect of Aadhar scheme under UIDAI -- and his wife Rohini have made a gift of Rs 50 crore ($11 million) to the Indian Institute for Human Settlements to fund establishment of its School of Environment and Sustainability.
LPG cash transfer to begin with Mysore, Hyderabad.
Autorickshaw drivers and families from Kalyan reveal how the lockdown has rendered them jobless and deprived them of bare necessities.
'When a criminal assumes a new identity he think everybody knows them by that name only.' 'Criminals forget that the police are always hunting for them to put them in jail.'
'The roadmap ahead seems very difficult especially in the rural areas where there is very poor infrastructure, vaccine reach and hesitancy.' 'These are a deadly cocktail for the next wave.'
A coordination panel comprising senior leaders of the ruling Maha Vikas Aghadi alliance in Maharashtra will look into various aspects of the National Population Register (NPR), Chief Minister Uddhav Thackeray said in Mumbai on Tuesday. Addressing the media in Vidhan Bhavan in south Mumbai, where the budget session of the state legislature is underway, Thackeray said, "Responsible leaders of the three parties will be part of it (coordination committee on NPR)." "I won't let anyone snatch the rights of any citizens of Maharashtra. I am very clear on this," he said, when asked about differences in the ruling alliance over the implementation of NPR in the state.
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The implementation of the much-hyped Aadhaar Card scheme is in trouble following the Supreme Court's interim order on Monday, which observed that the card can be issued only to Indian nationals and the identification number cannot be made mandatory for availing of benefits of the government's subsidy schemes.
Your complete guide to preparing for the National Aptitude Test in Architecture.
Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs.
A draft bill on the Unique Identity Project would be made public within the next one month, chairman of UIDAI Nandan Nilekani said on Tuesday. "We need an Act to govern a regulatory body like UIDAI. The draft of the Act will be put for public discussion in the next four weeks," he told reporters on the sidelines of a Confederation of Indian Industries function in New Delhi.
Aadhaar-based e-KYC facility would allow individuals or entities wanting to apply for PAN to verify details such as date of birth or address by way of biometric identification using thumb impressions.
"Right to Privacy is not a fundamental right under our Constitution. It flows from one right to another right. Constitution makers did not intend to make right to privacy a fundamental right," said the AG.
Infosys co-founder and Congress candidate from Bangalore South Nandan Nilekani has conceded defeat to his formidable rival BJP's Ananth Kumar even as the counting of votes progressed.
'We don't want to lead this hellish life. Enough is enough.'
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
'Why has this turned out to be one of the greatest humanitarian crisis that has caught the Centre and the states in a bind with no answers to this unexpected tsunami?' asks Brigadier Narender Kumar (retd).
Aadhaar is something that had never been done by any government before, not even in a rich country
From 100% tax deductions for contributions to PM-CARES fund to extending the due date for linking Aadhar and PAN card, the government has provided various tax relief and extensions in deadlines for statutory compliances, says Homi Mistry.
The app uses a traveller's mobile GPS to predict a train's delay.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Stating that India has some brands that have already well established, Nadella said there was stunning cross section of starts ups in the country.
Rural retailers are finding that helping farmers earn more helps them create a customer base.
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