Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
The BCCI's Standard Operating Procedure (SOP) for state associations bars 60-plus individuals from taking part in the training camp ahead of the new season, potentially affecting Arun Lal and Australian Dav Whatmore, who are coaches of Bengal and Baroda respectively.
Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'
Dhapola's feat did not miss the attention of the BCCI secretary Jay Shah who termed it as one of the finest bowling performances of the tournament.
Analysts caution against volatility and recommend buying stocks of companies that are on strong fundamental footing that have been beaten down badly in the recent carnage.
'He is already training in Mumbai and is expected to be in Bangalore for the fitness test and get a formal okay from the National Cricket Academy.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A summary of all the action from Day 1 of the Ranji Trophy matches played on Tuesday.
'These accusations of my film being a copy only makes our chances at the Academy harder.'
A significant 69% respondents indicated keen interest to travel in 2021 post ease in restrictions with 18% ready to travel immediately post unlock and 51% within 3-6 months.
This was Shorey's highest first-class score in 45 matches, with his previous best being 145. The double-century will do more good to his already healthy batting average of 48.49.
Talented Indian opener Prithvi Shaw, who slammed a double hundred on his return to competitive cricket, said he was keen to get back to form quickly after spending eight months in the wilderness due to a doping offence. Shaw was handed a back-dated eight-month suspension in July for a doping violation after ingesting a prohibited substance Terbutaline.
The legendary Sunil Gavaskar feels that swashbuckling all-rounder Hardik Pandya not bowling in the IPL is a 'big blow' for not just Mumbai Indians but also the T20 World Cup-bound Indian team.
The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.
In the Mumbai game, the spotlight was on Shaw, who proved his mettle, by toying with the Jharkhand attack
Mumbai opener Prithvi Shaw, who had played his first game in first class cricket after serving a eight-month ban for doping, smashed a quick 66 off 62 balls against Baroda. A round-up of Day 1 of the Ranji Trophy matches played on Monday.
Gambhir, one of the finest among IPL skippers with two titles for Kolkata Knight Riders, spoke to PTI exclusively on a host of topics including Rahul's leadership, team composition and how he intends to handle relation between Deepak Hooda and Krunal Pandya.
Since January 2021, the inflation rate in health has stood in the range of 6.08-8.44 per cent.
'With his passing comes the end of Indian cricket history.'
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.
At a time when many women were forbidden by their caste-conscious families from taking up acting assignments in an industry not deemed respectable, Phalke wanted to cast his wife as the female lead in Raja Harishchandra.
Delhi done in by poor batting as Karnataka win by 4 wickets
If the banks throw caution to the winds for building loan books, the hydra-headed bad loans may resurface and spoil the party, warns Tamal Bandyopadhyay.
However, it may still not change its stance on the policy rate as inflationary pressures are coming from high commodity prices.
Banking and financial stocks got more than their fair share of foreign portfolio investor (FPI) flows in February. Overseas investors pumped in $3.56 billion into domestic equities last month. Of this $1.96 billion went into financial stocks, data analysed by Edelweiss shows. "The sector now has 34.8 per cent of FPI assets, up from 33.8 per cent in January.
'After his back injury, he needs to look after himself.' 'He needs to keep working on his bowling.'
A round-up of Ranji matches played on Tuesday
A round-up of Ranji matches played on Monday
The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.
Surya, who has been in great form, single-handedly guided the domestic giants to victory with an over to spare.
A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.
A summary of Thursday's matches in the Vijay Hazare Trophy limited-overs' tournament.
The ministry of finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic. The ministry's statement comes after several media reports citing steep increase in service charges by certain PSBs surfaced. No service charge is applicable on the 60.04 crore Basic Savings Bank Deposit (BSBD) accounts, including 41.13 crore Jan Dhan accounts opened by the poor segments of the society, as per the statement.
The Kandy franchise is owned by Bollywood actor and producer Sohail Khan, younger brother of superstar Salman Khan.
Uttar Pradesh clinched their maiden Mushtaq Ali T20 Trophy with a thumping 38-run win over two-time champions Baroda in the final under flood-lights at the Wankhede Stadium in Mumbai on Wednesday.
In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.
According to a complaint from Bank of Baroda, the conspirators allegedly cheated a consortium of bank loans of Rs 3,695 crore. The scam was earlier estimated at around Rs 800 crore.
A summary of the first day's proceedings in the Ranji Trophy matches across the country.
India captain Virat Kohli acknowledged the need for a "sixth bowling option" but also kept it open-ended when asked about flamboyant all-rounder Hardik Pandya's bowling fitness, stating that the Baroda man "has to be fit to be able to bowl one or two overs."
