A bankruptcy appeals court has scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks. The National Company Law Appellate Tribunal (NCLAT) asked creditors to initiate the fresh sale of Videocon, a consumer durables company manufacturing products ranging from air-conditioners to washing machines, for recovery of their unpaid Rs 64,637.6 crore. While a majority of lenders had previously accepted Twin Star Technologies' Rs 2,962.02 crore offer, Bank of Maharashtra (BoM) and IFCI Ltd dissented, saying the amount offered was close to the liquidation value of the bankrupt firm and that they cannot be paid less than the liquidation value.
Film stars and technicians were awarded at the IIFA awards over the weekend, and here are the big winners.
The trust said that the situation at the India-China border is "serious" and defending the country is "most important".
The land purchased by the trust is located next to the Asharfi Bhawan.
How many times have a sister and brother's movies released on the same day?
Deccan Chargers coach Darren Lehmann is of the opinion that Amit Mishra and Rahul Sharma are different types of leg spinners and can compliment each other well in the same team.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
Even stars don't have so many stars attend their parties...
The deity and two others idols will be shifted to a temporary structure nearby till the planned construction of a Ram temple is completed on the site, allotted for it by the Supreme Court in a landmark verdict in November. The special prayers began amid restrictions forced upon the organisers by the coronavirus threat.
Total Dhamaal would be unwatchable without Madhuri's spunk and bossy swag playing off Anil Kapoor's bellyaching, bugged half's protests, says Sukanya Verma.
Should India should include an extra batsman in Karun Nair? Or should all-rounder Hardik Pandya be added to give the team more balance?
Are you worried about your home loan EMIs? Get Ahead reader Anil Mishra suggests three ways that may help you overcome your EMI blues.
The accident occurred at 3.45 AM near Barabamboo, around 80 km from Jamshedpur, under the Chakradharpur Division of the South Eastern Railway (SER), they said.
The much-awaited Ram temple consecration will be held in Ayodhya on Monday in a grand ceremony with Prime Minister Narendra Modi attending the rituals, following which the shrine will be opened for the public a day later.
Samajwadi Party leader Tej Narayan Pandey on Sunday accused Shri Ram Janmbhoomi Teerth Kshetra Trust of committing corruption in a land deal and sought a Central Bureau of Investigation probe into the matter.
As many as 293 people were killed and over 1,200 injured in the triple train collision near Bahanaga Bazar railway station in Balasore district on June 2.
Amit Mishra was the only Indian bowler to make an impact on an unresponsive wicket at St Kitts in the first practice game against West Indies President's XI. The leg-spinner, who is making a comeback into the national side, picked four vital wickets and also broke a 122-run stand for the second wicket in the second innings of the Caribbean side.
Rescuers are battling to bring out two-year-old Sonu from a 150-ft borewell in this district where he fell into four days ago even as persistent mudslide was proving to be a major road block to their efforts and chances of the boy's survival fading fast.
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
IC 814: The Kandahar Hijack begins by asking why the hijack lasted seven days and ends in wondering if the good guys fought the bad ones hard enough, observes Sukanya Verma.
The suspense over whether Rahul Gandhi and Priyanka Gandhi Vadra will contest the polls from Amethi and Raebareli respectively continued.
The eminent director was admitted to Kolkata's B M Birla Heart Research Centre on Wednesday evening after he development chest pain following an accident to Vivek Oberoi.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
The sacked water minister said that when he asked the Delhi CM about the cash, he was told 'said few things in politics cannot be explained'.
'This move rendered the chiefs of important investigative agencies to the status of daily wage earners. It undermined the autonomy and independence of the agencies.'
Taking to Twitter, Singh said, "My house has been attacked. Listen carefully BJP supporters, no matter how much hooliganism you indulge in, I will not allow the funds collected for constructing the Ram temple to be stolen even if I am killed."
Indian relay teams made their mark at the Asian Games, clinching gold and silver medals.
The new Ram Lalla idol was consecrated at the Ayodhya temple on Monday, an event led by Prime Minister Narendra Modi and watched by lakhs of people on television at their homes and in temples across the country.
The government on Tuesday decided to set up a committee of secretaries to fast-track implementation of infrastructure projects along the border with China.
'When Bad Newz was given to me to direct, the first thing I did was go back to my childhood.' 'It's an ode to Hindi cinema.'
Invitations are being extended to several people who have been part of this temple movement including BJP leaders L K Advani, Murali Manohar Joshi and Uma Bharti, Mishra said. Kameshwar Chaupal, another trustee of the temple, said top leaders of the RSS including its chief Mohan Bhagwat and general secretary Suresh Bhaiyyaji Joshi are also being invited for the event along with VHP's working president Alok Kumar.
The members include senior lawyer K Parasaran, Jagatguru Shankracharya, Jyothishpeethadheeshwar Swami Vasudevanand Saraswati Ji Maharaj from Allahabad, Jagatguru Madhavacharya Swami Vishwa Prasannatheerth Ji Maharaj, Pejawar Math in Udupi, Yugpurush Paramanand Ji Maharaj from Haridwar, Swami Govinddev Giri Ji Maharaj from Pune and Vimlendra Mohan Pratap Mishra from Ayodhya.
The pilot of Vishal Bhardwaj's much-anticipated adaptation of Agatha Christie's The Sittaford Mystery is here. Aditya Roy Kapur's hotel manager takes on Anil Kapoor's all-powerful arms dealer. Idris Elba is back in action. Sukanya Verma shares her OTT recommendations this week.
Joginder Tuteja lists the interesting titles coming up in February.
the silver lining is that the men's 4x400m relay team is set to qualify for the World Championships as it is placed at 14th out of 16 to make the cut.
As the release of Cirkus draws nearer, the team is making sure to aggressively promote the film.
His friends and colleagues attended the funeral to pay their last respects to the fine actor and offer support to his family.
An explosion occurred on a railway track in Udaipur on Sunday, hours before the recently inaugurated Asarwa-Udaipur Express train from Ahmedabad was to pass.
