News for 'Bank In Trouble'

Why is the RSS worried about the BJP?

Why is the RSS worried about the BJP?

Rediff.com30 Apr 2021

Since the nation is now paying the price of such behaviour in terms of the long queues at the crematoriums and graveyards, the anxiety of the RSS is natural, especially if the BJP's main support base of the middle class turns away from it, observes Amulya Ganguli.

'Truth triumphs': BJP leaders welcome Babri verdict

'Truth triumphs': BJP leaders welcome Babri verdict

Rediff.com30 Sep 2020

All 32 accused in the 28-year-old Babri demolition case, including BJP's founder-members LK Advani and Murli Manohar Joshi, have been acquitted by a special CBI court in Lucknow.

Titan, a good bet for Rakesh Jhunjhunwala

Titan, a good bet for Rakesh Jhunjhunwala

Rediff.com9 Aug 2019

Titan accounted for 59.6 per cent of his disclosed portfolio at Rs 8,355 crore. This is more than 10 times the next biggest holding, Federal Bank, at Rs 619 crore.

Suits the BJP to say I ran away: Mallya

Suits the BJP to say I ran away: Mallya

Rediff.com31 Mar 2019

Embattled liquor tycoon Vijay Mallya claimed on Sunday that Prime Minister Narendra Modi's statement in a recent interview confirming the recovery of Rs 14,000 crore worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the Bharatiya Janata Party-led government.

Facing heat, UB Group stocks melt, UBHL dives over 5%

Facing heat, UB Group stocks melt, UBHL dives over 5%

Rediff.com14 Mar 2016

UB Group stocks, led by United Breweries Holdings Ltd, on Monday slumped by up to 5.3 per cent as trouble mounted for Vijay Mallya.

'Every day you wake up to see who was arrested last night'

'Every day you wake up to see who was arrested last night'

Rediff.com2 Mar 2021

'If you talk about any kind of equality, you are under attack.'

India can fight China, but not with a divided house

India can fight China, but not with a divided house

Rediff.com9 Nov 2021

We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.

PNB scam can trigger a major market crash

PNB scam can trigger a major market crash

Rediff.com27 Feb 2018

'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.

WTC Final: 5 Reasons Why India Lost

WTC Final: 5 Reasons Why India Lost

Rediff.com24 Jun 2021

What went wrong for India in the World Test Championship Final against New Zealand?

RBI asks NBFCs to boost high quality liquid assets

RBI asks NBFCs to boost high quality liquid assets

Rediff.com25 May 2019

An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.

'The terrorists were lobbing grenades, firing indiscriminately'

'The terrorists were lobbing grenades, firing indiscriminately'

Rediff.com26 Nov 2021

'I could see the silhouettes of three men on the sixth floor.' 'I pointed them out to the NSG personnel standing beside me and suggested they take them out.' 'They did not have the clearance to fire.'

6 suggestions for Nirmala Sitharaman, India's new FM

6 suggestions for Nirmala Sitharaman, India's new FM

Rediff.com3 Jun 2019

Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.

RBI to get rates panel in policy shift

RBI to get rates panel in policy shift

Rediff.com11 May 2016

Three members will be representatives from the government, and three from the RBI.

Rajan says RBI working to clean up lenders' balance sheets

Rajan says RBI working to clean up lenders' balance sheets

Rediff.com29 Jan 2016

The government plans to inject a total Rs 70,000 crore into the lenders over four years

'Hum aapke saath mein hai'

'Hum aapke saath mein hai'

Rediff.com4 Mar 2022

'I want to show that we are also part of this society and want to participate just as much, whether it is for security or whatever community work there.'

'There is very serious rural distress and it is a major worry'

'There is very serious rural distress and it is a major worry'

Rediff.com20 Nov 2020

'MGNREGA is definitely like a lifeline and is the employer of the last resort'

Modi and the art of event management

Modi and the art of event management

Rediff.com29 Jul 2020

Aakar Patel looks forward to Prime Minister Modi's speech at the bhoomi pujan for the Ram temple in Ayodhya next week. It will be entertaining and stirring, predicts Aakar, and make lots of promises that he most likely won't be able to keep.

Modi explains why Mamata 'has lost Bengal polls'

Modi explains why Mamata 'has lost Bengal polls'

Rediff.com6 Apr 2021

Prime Minister Narendra Modi on Tuesday slammed Chief Minister Mamata Banerjee for seeking en bloc voting by Muslims for the Trinamool Congress and said had his party made a similar appeal to Hindus, it would have been criticised and censured.

PE players see new opportunities in post-COVID world

PE players see new opportunities in post-COVID world

Rediff.com13 May 2020

Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent.

SC punctures RBI's efforts to fight bad loans

SC punctures RBI's efforts to fight bad loans

Rediff.com2 Apr 2019

RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.

Pune Warriors fail to pay franchisee fee; BCCI encash guarantee

Pune Warriors fail to pay franchisee fee; BCCI encash guarantee

Rediff.com21 May 2013

The troubles regarding Indian Premier League doesn't seem to end as Sahara Pune Warriors failed to pay the full franchise fee for the current year which resulted in BCCI encashing the bank guarantee casting a shadow on its future in the cash-rich league in coming years.

70% people want scrapped Rs 1,000 notes back: Survey

70% people want scrapped Rs 1,000 notes back: Survey

Rediff.com12 Sep 2017

Following demonetisation, the Reserve Bank had also introduced new Rs 500 and Rs 2,000 notes.

About time Modi spends money on military!

About time Modi spends money on military!

Rediff.com9 Jul 2021

The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.

India shows China the way to deal with bad debt

India shows China the way to deal with bad debt

Rediff.com6 May 2016

While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.

The murky trail of Rana Kapoor's firm DOIT

The murky trail of Rana Kapoor's firm DOIT

Rediff.com24 Mar 2020

DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.

Pitlane tales: Daruvala finishes creditable fourth in Formula 2

Pitlane tales: Daruvala finishes creditable fourth in Formula 2

Rediff.com2 Aug 2020

Dan Ticktum, who is also into his maiden Formula 2 season like Daruvala, won the race from pole position with another rookie, Christian Lundgaard, finishing second. Louis Deletraz was third.

Filing IT returns? What you must know

Filing IT returns? What you must know

Rediff.com11 Jun 2018

If you miss the July 31 deadline, there is a late filing fee of up to Rs 10,000. Also, you cannot file returns beyond March 31, 2019.

2020: Supreme Court in many shades of grey

2020: Supreme Court in many shades of grey

Rediff.com30 Dec 2020

Sensitive cases like the validity of the scrapping of Article 370 of the Constitution, the Citizenship Act, and states challenging perceived assault on federalism were on the back burner. An analysis of the judgments delivered in the past months would show that it was acting more like a court of appeal rather than a Constitutional court, observes M J Antony.

Barclays may move hundreds of jobs to India

Barclays may move hundreds of jobs to India

Rediff.com23 Jan 2013

With around 2,000 jobs on the line at its troubled investment banking unit here, Barclays is believed to have dispatched a team to recruit and train new staff in India to replace workers in both London and New York, according to The Independent.

ICICI lowers Kingfisher stake to 2.9%

ICICI lowers Kingfisher stake to 2.9%

Rediff.com25 Apr 2012

As per the latest shareholding pattern filed by Kingfisher with the stock exchanges on Wednesday, ICICI Bank held about 1.67 crore (16.7 million) shares, accounting for a 2.9 per cent stake, in the airline as on March 31, 2012.

Budget is a 5 year Test match, not a one-day event

Budget is a 5 year Test match, not a one-day event

Rediff.com24 Jun 2019

'The fiscal situation is stressed (when is it not?!), economic growth has slowed, tax revenue has fallen short and the deficit is high if it is properly accounted,' points out T N Ninan.

SBI breaches RBI norms on loans to Reliance

SBI breaches RBI norms on loans to Reliance

Rediff.com10 Jun 2011

State Bank of India, the country's largest bank, has breached the Reserve Bank of India's credit exposure norms during three consecutive years with regard to its loans provided to Mukesh Ambani-led Reliance Industries.

Trying to help revive Kingfisher: SBI

Trying to help revive Kingfisher: SBI

Rediff.com5 Dec 2012

Lenders had asked the management to come up with a revival plan and $1 billion capital infusion.

Why Sri Sri is laughing all the way to the bank

Why Sri Sri is laughing all the way to the bank

Rediff.com6 Apr 2016

Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality

Why the Street continues to be pessimistic about NBFcs

Why the Street continues to be pessimistic about NBFcs

Rediff.com24 Apr 2019

Liquidity has improved, but 20 out of 24 NBFC stocks are staring at an over 5% reduction in 12-month target prices.

Sports Shorts: Women's recurve team tops qualification

Sports Shorts: Women's recurve team tops qualification

Rediff.com21 Apr 2021

Chess grandmasters resume COVID-delayed tournament in Russia

6 months in lockdown, Kashmiris stare at uncertain future

6 months in lockdown, Kashmiris stare at uncertain future

Rediff.com6 Feb 2020

Many political detainees have been released but former chief ministers Farooq Abdullah, Omar Abdullah and Mehbooba Mufti, who were whisked into custody in the early hours of August 5, 2019, are still in preventive detention.

Your home loan queries answered!

Your home loan queries answered!

Rediff.com24 Dec 2019

Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries

After Premier League ceasefire - wooing or war?

After Premier League ceasefire - wooing or war?

Rediff.com15 Oct 2020

'Project Big Picture' called for the biggest six clubs in the Premier League, along with three other long-term members, to be given 'special voting rights' that would effectively put them in command of the world's most commercially successful league -- and leave the rest as second-class passengers.

ICICI sells Rs 430 cr Kingfisher loan

ICICI sells Rs 430 cr Kingfisher loan

Rediff.com2 Jul 2012

Srei Infra Finance group chief financial officer Sanjeev K Sancheti described the asset as a good buy as it is a fully secured debt.