"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.
'They should not forget that had we decided not to rebel, they would still be chanting slogans from the footsteps of the Vidhan Sabha.'
Former Uttarakhand DGP Aloke B Lal on Tuesday said the hurry shown in the demolition of the resort in question in the Ankita Bhandari murder case must have destroyed crucial evidence.
Chief Minister Ashok Gehlot said the government will file a special leave petition in this matter in the top court.
'The good governance which the Congress government claims has resulted in a regime where women in Rajasthan are afraid to go out of their homes.'
"There was 90 percent blockage in one of his coronary arteries and one stent was placed successfully. He is absolutely fine," Dr Sudhir Bhandari, principal of the SMS medical college, told reporters.
Meet the best dressed celebs from the style circuit.
However, under the new provisions, OCI cardholders need to carry their new passport.
According to two separate notifications, the decisions have been taken after review of the law-and-order situation in both the states.
Students of a coaching institute in northwest Delhi's Mukherjee Nagar area on Thursday smashed windows, climbed down ropes and took the help of ladders in desperate attempts to escape a fire that broke out in the building housing it.
'In 1984, Pyongyang just had one hotel and one could not move out without an official escort.' 'India was the only country with an embassy, apart from the socialist countries.'
'We don't feel that the law and order situation will turn bad because of our agitation.'
The CBI also carried out searches at the residence and office of controversial arms dealer Sanjay Bhandari in connection with the deal
When he stood to speak for the princes, he surprised the British when he declared, 'The breeze is blowing from east to west. It will uproot and blow off the British. It is my earnest request to my British friends to now quit India respectfully'.
"Just bargaining was going on over what he (Ajit) should be getting. As per our information, he has been given a promise of chief minister's post by pushing Eknath Shinde aside with the help of Assembly speaker's decision (on disqualification of 16 Shiv Sena MLAs)," the former CM claimed.
The plot keeps getting weirder by the minute, and scenes leapfrog round with no control... The end result is bafflement and boredom, observes Deepa Gahlot.
Finance Minister Nirmala Sitharaman will keep on the path of fiscal consolidation and opt for narrowing the FY24 fiscal deficit to as low as 5.8 per cent in the upcoming Budget, analysts said on Tuesday. The government may go for a fiscal deficit number which will be far lower than the 6.4 per cent of GDP budgeted for FY23, they said, pegging the Budget figure for the next fiscal in the range of 5.8 - 6 per cent. Given the fact that this will be the last full Budget of the present government, there may be a temptation to make it into an expansionist one.
The Indian Olympic Association presented cash rewards worth Rs 20 lakh, 10 lakh, and 7.5 lakh to the gold, silver and bronze medallists respectively.
25 student suicides in 2023 at India's coaching hub Kota have revealed the mindboggling stress children confront every day, reports Prakash Bhandari.
Previously, Deuba served as Nepal's prime minister four times from June 2017-February 2018, June 2004-February 2005, July 2001-October 2002 and September 1995-March 1997.
The Bharatiya Janata Party swept three of the four wards in the Patparganj assembly segment and all three in the Shakur Basti constituency held by senior Aam Aadmi Party leaders Manish Sisodia and Satyendar Jain -- both targets of sustained attacks over corruption by the saffron party -- in the MCD elections.
A five-member Constitutional Bench of the Supreme Court led by Chief Justice Cholendra Shumsher Rana issued the verdict stating that President Bhandari's decision to dissolve the lower house upon a recommendation of Prime Minister K P Sharma Oli was an unconstitutional act, delivering a major blow to the veteran Communist leader who was preparing for snap polls.
The Madras high court on Wednesday directed the Tamil Nadu government to remove at once, all the posters put up by political parties in furtherance of the local body elections, scheduled for February 19, throughout Chennai.
Nepali prime ministers traditionally choose New Delhi for their first foreign visit after being sworn-in.
With the support from eight political parties, 78-year-old Poudel's victory was certain. His rival Subas Chandra Nebmang had support of former prime minister KP Sharma-led CPN-UML.
The acquittal of four men accused in the 2008 Jaipur serial blasts case by the Rajasthan high court has come as a shock to many, including those who lost their loved ones or were themselves injured in the terror attack and are living with the bad memories.
The JSP has made an electoral alliance with main opposition Communist Party of Nepal-Unified Marxist Leninist headed by K P Sharma Oli.
Over one crore COVID-19 vaccine doses have been administered in the country till now with the highest single-day vaccinations of more than 6 lakh jabs given on Thursday, the Union health ministry said on Friday.
The BCCI is in touch with the Indian Olympic Association on the issue.
At sunrise the following day, a hunt was organised for the queen to shoot a female tiger. But she decided a monarch should not make the kill and handed her gun to one of her staff to deliver the fatal shot.
'We will comfortably sail through this sea of fire.'
Several athletes, including the hockey men's and women's teams of India, took part in the flag-hoisting ceremony at the CWG Village on Thursday.
The 76-year-old Nepali Congress president, who has served as the prime minister for a record fifth term, defeated his challenger party general secretary Gagan Kumar Thapa by 39 votes, officials said.
Team India will compete in 15 sporting disciplines as well as four disciplines in the para sports category.
Nepal's political crisis deepened on Friday as both embattled Prime Minister K P Sharma Oli and the Opposition parties staked a claim for the formation of a new government by submitting letters comprising signatures of lawmakers to President Bidya Devi Bhandari.
President Bidya Devi Bhandari administered the oath of office and secrecy to Oli, 69, at a ceremony at Shital Niwas, after he was reappointed to the post on Thursday night as the Opposition parties failed to secure majority seats in Parliament to form a new government.
Investors seem to be shying away from stocks of companies in the 'digital' space with most counters that comprise the Nifty India Digital index giving negative returns over the past year. The index tracks the performance of a portfolio of stocks that broadly represent the 'digital theme' within basic industries, such as software, e-commerce, IT-enabled services, industrial electronics, and telecom services. The fall in some of these stocks over the past year has been steep; the sharpest decline of around 60 per cent was seen in shares of PB Fintech (parent company of Policybazaar).
The Madras high court on Thursday ruled that no unannounced resolutions could be taken up at the meeting of the All India Anna Dravida Munnetra Kazhagam general and executive councils in Chennai, restraining the camp led by joint co-ordinator Edappadi K Palaniswami (EPS) from initiating any such move over the possible single leadership issue.
The 75-year-old veteran politician and Nepali Congress President took the oath of office and secrecy from President Bidya Devi Bhandari during a swearing-in ceremony which was delayed by over two hours.
Star javelin thrower Neeraj Chopra has pulled out of the Commonwealth Games due to 'fitness concerns', the Indian Olympic Association said on Tuesday.
