It is to be noted that the total cases referred under CDR increased to 19 in the second quarter from 16 in the first quarter of the current fiscal.
In early-December, Air India had appointed global consultancy firm Deloitte to vet the SBI Caps-prepared financial restructuring plan.
The mishap occurred during a sortie as part of the rehearsal for AeroIndia.
As the bugle was sounded for the retreat, the Raisina Hill complex lit up in a riot of colours, the illumination provided by LEDs rather than the traditional incandescent bulbs.
The Indian sailing team had to battle the odds and the association to clinch a silver medal at the recently-concluded Asian Games in Guangzhou. Arjuna Awardee Farokh Tarapore, who led the team, was vocal about his disagreement of the choice of coach.
NPA ratio declined to 3.4% of total loans outstanding, from 3.6% in the Jul-Sept quarter last year.
Indian Navy Public Relation Officer (PRO) Cdr M C Joshi has said that the residents may hear sonic boom sounds and they need not panic as it is associated with the training of MiG-29K aircrafts, which is happening off Goa coast.
Under the CDR package, the company has sought a debt-restructuring of Rs 2,800 crore, including Rs 1,800 crore for Maytas Infra and another Rs 1,000 crore for various special-purpose vehicles. Sources say the investment companies may have diverted the Rs 400 crore to Satyam Computers. "As per the account trail, this loan of Rs 400 crore was finally given to Satyam Computer, routing through these investment arms," sources close to the CDR package said.
In 2016, the Centre has been able to get only seven IAS officers from all states so far.
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company.
Sources said the company had already secured the required funds for payments due during the current year and might wait for higher valuations for assets that were on the block. Under the CDR, Wockhardt has to divest its non-core assets at an estimated value of Rs 790 crore (Rs 7.9 billion), but the company has been given six years to complete the transaction.
'He (Khalid) can't be made to incarcerate in jail for infinity merely on account that others who were part of the mob have to be identified and arrested in the matter'
With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year.
Cash-strapped retail player Subhiksha has said that almost all its lenders and shareholders are working together to revive the company and it is on its way to completing the ongoing corporate debt restructuring (CDR) programme on schedule by the end of July.
Abhinandan will undergo debriefing which will include his physiological as well as a physical check-up in the presence of officials from the military and Intelligence agencies.
Tough market conditions and low valuations are the key hurdles for the Wockhardt management as it tries to tide over its debt problems.
"IAF used the expertise of its air warriors to retrieve the most vital element sought after any air crash -- the Flight Data Recorder (FDR)-cum-Cockpit Voice Recorder (CVR) or black box in common parlance -- to help provide clues to the air crash," IAF spokesperson Wg Cdr T K Singha said in New Delhi.
The bank got the share in lieu of repayment of loan.
Three Naval personnel, including a Lt Commander, were arrested by the Kerala police on Thursday night for allegedly attacking the Harbour police station following a clash with the local police.
Ekbote was arrested soon after the Supreme Court turned down his anticipatory bail plea earlier in the day, the official added.
Taking his fight against division of Andhra Pradesh to the national capital, YSR Congress Party chief Jaganmohan Reddy on Monday staged a protest and courted arrest, while accusing the Congress of engineering the pepper spray episode in Parliament.
The three options are - a one-time settlement, restructuring of loans and of course go to IBC.
For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.
How companies can get their sports marketing strategy right.
Virender Sehwag's participation was in doubt owing to a shoulder spasm.
Here's how leaders across political parties welcomed Wing Commander Abhinanadan Varthaman on his return to India.
Upgraded Chetak, christened Chetan, successfully completes hot and high altitude tests in the Siachen Glacier
Here are some glimpses of the Independence Day celebrations at the Red Fort.
The two-page letter, written in Hindi, has requested the minister to hand over the probe into Banerjee's death to the "most premier investigating agency" as the probe carried out by police so far looks "suspicious".
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
Till March 2011, things were manageable.
Mita said she was not worried about the criticism she faced on social media over her anti-war stand.
Judge Jagdale, with a severe expression shadowing his face, looked sharply at Manoj Patil, Airtel's nodal officer, and told him plainly: "It is difficult to digest what you are saying (about) giving call data, but not giving call timings and durations."
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
Indian Air Force's 115 Helicopter unit and 26 Squadron, both doing yeoman's services in rescue operations and war have been awarded with the President's Standard award, an official said on Friday.
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
'Very thankful to #IndianNavy & all who rescued me,' Tomy was quoted as saying in the Indian Navy spokesman's tweet.
RBI says haste in easing norms for banks harmful to economy.
The IAF 'evidence' shows that the S-2000 laser-guided munition hit the intended targets causing significant 'internal damage', sources said.
