News for 'Bank In Trouble'

Opposition disrupted Parliament to defend the dishonest: PM

Opposition disrupted Parliament to defend the dishonest: PM

Rediff.com19 Dec 2016

"Our agenda is to fight for a country free of corruption and black money. But their agenda is to close (disrupt) Parliament...I am puzzled," Modi said.

Pawar slams BJP for defections; introspect, says Fadnavis

Pawar slams BJP for defections; introspect, says Fadnavis

Rediff.com28 Jul 2019

Fadnavis claimed the BJP was "beyond running behind anyone" as the people of India were with the party and the leadership of Prime Minister Narendra Modi.

Non-bailable warrant against Mallya in IDBI fraud case

Non-bailable warrant against Mallya in IDBI fraud case

Rediff.com18 Apr 2016

The special court on Monday rejected Kingfisher's plea challenging ED's claim that Rs 430 crore (Rs 4.3 billion) was siphoned off and used to acquire properties abroad.

Will Citigroup be sold off?

Will Citigroup be sold off?

Rediff.com21 Nov 2008

Quoting people familiar with the matter, 'The Wall Street Journal' said: "Executives at Citigroup Inc, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright."

Tech Mahindra to woo Satyam's Oz clients

Tech Mahindra to woo Satyam's Oz clients

Rediff.com25 Jun 2009

National Australia Bank is one of the key customers Tech Mahindra executive vice-chairman Vineet Nayyar will be meeting next week. Nayyar will be in town to spread Satyam's new identity after it was renamed Mahindra Satyam, and try to regain its standing with the NAB and clients such as Qantas and Suncorp. Satyam continues to provide application development and IT maintenance services to the NAB.

RBI's most teething problem: Controlling inflation

RBI's most teething problem: Controlling inflation

Rediff.com23 Oct 2017

A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation

Executive pay: Making Wall Street pay it back

Executive pay: Making Wall Street pay it back

Rediff.com24 Jan 2009

'Clawback' provisions tied to federal bailout funds will be hotly contested. Right now only bankers who committed clear fraud are liable

7 big steps for Modi 2

7 big steps for Modi 2

Rediff.com30 May 2019

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.

US economy is growing within 5 years of collapse: Obama

US economy is growing within 5 years of collapse: Obama

Rediff.com13 Nov 2013

Five years after the catastrophic collapse of the Wall Street, the American economy is growing and the businesses are creating jobs, Obama said yesterday while nominating Timothy Massad to run the Commodity Futures Trading Commission.

Tripura CPM leader sleeps on bed of cash to fulfil dream

Tripura CPM leader sleeps on bed of cash to fulfil dream

Rediff.com19 Oct 2013

A Communist Party of India-Marxist leader in Marxist-ruled Tripura who lay on a bed of cash withdrawn from his own bank account to fulfil a long cherished dream, is in deep trouble with his party.

Citizenship bill is a triumph of the idea of India

Citizenship bill is a triumph of the idea of India

Rediff.com12 Dec 2019

'This bill is for the children of Partition who are still subject to inhuman barbarism because they profess a faith rooted in India.' 'If India fails them, we shall be no better than a Pakistan which brutalises its minorities and has turned into a factory of intolerant bigots,' says former BJP MP Tarun Vijay.

Lenders to gain as home loan size set to increase

Lenders to gain as home loan size set to increase

Rediff.com10 Nov 2016

HFCs and banks expect a drop in demand for housing loans in the short-term.

Does India need 'encounter specialists'?

Does India need 'encounter specialists'?

Rediff.com11 Dec 2019

'India has a conviction rate of about 25% for serious crimes. This means that 75% of the time the police probably get the wrong suspect, and this makes murdering them in an encounter more morally problematic for the officers concerned.' says Aakar Patel.

Rise above caste and vote only for development: PM's poll pitch in UP

Rise above caste and vote only for development: PM's poll pitch in UP

Rediff.com2 Jan 2017

Targeting the Bahujan Samaj Party and the Samajwadi Party, the PM said the two never see eye-to-eye on any issue but are now together demanding his removal as he is working to root out blackmoney.

Lenders want forensic audit of Bhushan Steel

Lenders want forensic audit of Bhushan Steel

Rediff.com19 Aug 2014

LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.

NPAs a challenge, not crisis: Arun Jaitley

NPAs a challenge, not crisis: Arun Jaitley

Rediff.com9 Mar 2016

The Lok Sabha will start a discussion on the Budget on Wednesday.

A beginner's guide to managing taxes and money

A beginner's guide to managing taxes and money

Rediff.com19 Feb 2016

Six simple tips for you...

10 key things PM Modi said at Red Fort

10 key things PM Modi said at Red Fort

Rediff.com15 Aug 2015

Highlights of Prime Minister Narendra Modi's address to the nation on India's 69th Indepedence Day from the ramparts of the historic Red Fort.

How India's note ban is unlike any ever seen

How India's note ban is unlike any ever seen

Rediff.com14 Dec 2016

Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.

Force India hope to debut new F1 car on Friday

Force India hope to debut new F1 car on Friday

Rediff.com25 Feb 2015

Force India, who finished sixth overall last year but whose owners have had financial troubles, missed the first test in Jerez.

On Dhirubhai's birthday, Mukesh joins hand with Anil

On Dhirubhai's birthday, Mukesh joins hand with Anil

Rediff.com28 Dec 2017

Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.

US Senate passes $700 bn bailout package

US Senate passes $700 bn bailout package

Rediff.com2 Oct 2008

US Senate on Wednesday passed the $700 billion financial bailout package by a wide margin of 74-25 votes.

A Kashmir diary

A Kashmir diary

Rediff.com3 Jul 2019

'On the drive to the airport, the streets are lined with men in battle camouflage carrying assault rifles and bearing familiar faces -- Tamilians, Bengalis, Punjabis, feared by the locals and in turn fearing them,' notes Aakar Patel during a visit to Srinagar.

15 foreign envoys meet civil society in J-K

15 foreign envoys meet civil society in J-K

Rediff.com9 Jan 2020

This is the first visit by diplomats to the newly carved out UT.

In defence of Satyam

In defence of Satyam

Rediff.com2 Jan 2009

I would say it was unwise, but not necessarily wicked. I suggest that Satyam was ill-served by its M&A investment bankers and lawyers regarding the public-relations backlash such a move would cause

18 things that will shape India's economy this year

18 things that will shape India's economy this year

Rediff.com8 Jan 2018

As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.

Markets: Rs 40 trillion lost in '08

Markets: Rs 40 trillion lost in '08

Rediff.com31 Dec 2008

Household names such as Tatas, Birlas and Ambanis, on whom small investors banked with their eyes shut, proved no guarantee for the safety of investment in the market where cumulative wealth of all listed companies got eroded by over 50 per cent during the year. And analysts are predicting more troubled times ahead - at least till the first half of 2009.

India's top investment banker Nimesh Kampani passes baton to son

India's top investment banker Nimesh Kampani passes baton to son

Rediff.com3 Aug 2016

Vishal Kampani said one of the important lessons he learnt from his father was to be humble.

Sensex gains 45 points at close

Sensex gains 45 points at close

Rediff.com26 Jul 2004

The Nifty closed with a gain of 16 points at 1,618.

Top 8 purchases at IPL Auction

Top 8 purchases at IPL Auction

Rediff.com19 Dec 2018

Jaydev Unadkat was the most expensive purchase to continue his good run at the auction.

Insurers, MFs commit Rs 875 cr to Tech Mahindra

Insurers, MFs commit Rs 875 cr to Tech Mahindra

Rediff.com15 Apr 2009

Tech Mahindra, the highest bidder for Satyam Computer Services, has tied up Rs 875 crore funding from mutual funds and insurance companies and is in talks with banks to mobilise Rs 1,000 crore bridge loans.

Rajan's reputation helped stabilise Rupee: Subbarao

Rajan's reputation helped stabilise Rupee: Subbarao

Rediff.com15 Jul 2016

Former RBI Governor Subbarao blamed Chidambaram for undermining the autonomy of RBI and putting pressure on him to cut interest rates.

AIG to sell its Swiss subsidiary

AIG to sell its Swiss subsidiary

Rediff.com2 Dec 2008

In this regard, AIG has entered into an agreement with Aabar Investments PJSC to sell its subsidiary, the insurance firm said in a statement on on Monday. According to UK daily The Telegraph, the Swiss subsidiary would be sold for about $254 million.

Investing in stocks? Beware of falling knives

Investing in stocks? Beware of falling knives

Rediff.com6 Apr 2009

Value stocks and stocks in trouble can be hard to distinguish. It's all about the research.

Small investors continue to catch falling knives

Small investors continue to catch falling knives

Rediff.com29 Aug 2016

In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors

India, Australia brace for fiery Test at new Perth venue

India, Australia brace for fiery Test at new Perth venue

Rediff.com13 Dec 2018

The 60,000-seat arena will host its first Test after a rich 47-year run at the nearby WACA, located on the opposite bank of the SwanRiver, and the grassy drop-in wicket unveiled on Thursday has fuelled anticipation of a pace bowler's paradise.

DPC lenders meet Naresh Chandra

DPC lenders meet Naresh Chandra

Rediff.com7 May 2004

A solution to the troubled Dabhol Power project appears to be in sight with IDBI-led financial institutions eager to thrash out their disputes with offshore lenders at the forthcoming meet on May 12 in London.\n\n\n\n

'Subhiksha kept us in the dark'

'Subhiksha kept us in the dark'

Rediff.com24 Feb 2009

ICICI Venture, which owns a 23 per cent stake in the beleaguered Subhiksha Trading Services, said its hands "are tied'' as the majority owner and founder of the retail chain, R Subramanian, kept all investors in the dark on the troubles of the company and failed to submit audited financial details.

Deccan Chronicle sues its lenders over loan spat

Deccan Chronicle sues its lenders over loan spat

Rediff.com11 Jul 2013

Deccan Chronicle had taken a Rs 170-crore loan from Future Capital and Rs 100-crore loan from Tata Capital.