Cash-strapped retail chain Subhiksha on Friday said the ongoing corporate debt restructuring (CDR) process in the company will be over by July and added that law allows a maximum of up to 180 days for completing it.
Road construction contractor Suresh Chandrakar, the prime accused in journalist Mukesh Chandrakar murder case in Chhattisgarh, had allegedly hatched a conspiracy to kill him four to five days before the incident, the special investigation team (SIT) said on Thursday.
While the level of non-performing assets for banks is on the rise, despite the Reserve Bank of India's push for debt restructuring, cases referred to the corporate debt restructuring cell increased to 34 at the end of March 2009, as against 10 at the end of 2007-08. CDR, which was set up in 2002-03, is a mechanism for faster disposal of restructuring cases involving multiple lenders, though foreign banks are yet to join the platform.
Banks have issued Rs 7.78 trillion worth of CDs in the current calendar year until August 2024, compared to Rs 4.9 trillion in the same period of 2023, registering a 59 per cent growth
More than a year after a woman's body was recovered from a creek in Thane district, police have found that she was pushed to death from a bridge by her lover for resisting his sexual advances. The 23-year-old victim, identified as Mansi Bhoir, had disappeared in November last year. Police have arrested two accomplices of the main accused, who is already in jail in a separate case. The case was cracked after the police investigated another woman's murder case and identified the victim based on a tattoo and other features. The investigation revealed that the accused, Adil Sheikh, was frequently in touch with Mansi before her disappearance and was in the vicinity of the Kalwa creek on the night of November 4, when Bhoir's body was found. The police said that during their meeting, Sheikh pushed Mansi off the bridge after she resisted his sexual advances. He then called two associates who helped him push Mansi to death from the pillar. Her body was discovered some kilometres away. The two accomplices have been arrested, while the main accused is already in jail for attempted murder.
Three Army personnel died and several others were injured when their truck skidded off the road and fell into a deep gorge in Arunachal Pradesh's Upper Subansiri district, police said on Wednesday.
Analysts are of the view that long-term investors could continue to hold the stock, irrespective of the MSCI development.
Prime Minister Modi saluted the Indian contingent as it passed the dais where Macron, he and other dignitaries were seated.
The Central Bureau of Investigation has listed 11 pieces of evidence, such as reports of DNA and blood samples, in its charge sheet to hold arrested Kolkata Police civic volunteer Sanjay Roy as the 'sole accused' in the rape and murder of a woman doctor at the RG Kar hospital in Kolkata.
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
The National Commission for Women (NCW) has claimed that Delhi Chief Minister Arvind Kejriwal's former aide Bibhav Kumar, who has been accused of abusing Aam Aadmi Party MP Swati Maliwal, was called to the chief minister's residence after she reached there and sought details on whose direction was he called.
The racket, which involved illegal procurement and sale of CDRs, was busted by the Thane Crime Branch in January.
A 269-member Indian tri-services contingent is participating in the parade. Three Rafale fighter jets of the Indian Air Force (IAF) will also join the flypast on the occasion along with French jets.
Police investigating the suspected suicide of model Tania Singh will send a notice to cricketer Abhishek Sharma as the preliminary probe revealed the duo was friends and she had sent him a message on WhatsApp chat which was not responded to, a Surat police officer said on Wednesday.
IAF's four fighter pilots undergoing rigorous training for the landmark Gaganyaan mission, and who earned the 'astronaut wings' on Tuesday, have a stellar resume. They have a flying experience in the range of nearly 2,000-3,000 hours and two of them are recipients of the prestigious 'Sword of Honour'.
A retired Indian colonel working with the United Nations was killed in Gaza when the vehicle he was travelling in came under attack in strife-torn Rafah, the 'first international' casualty for the world body since the start of the Israel-Hamas conflict.
He joined the Indian Air Force in Hyderabad in 2000 and was currently posted at the Indian Airforce station in Sulur. Tamil Nadu.
India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.
The former captain, however, rejected Norman's claim of factionalism in HI, saying all is well within the federation.
He has been sent to the ED custody till April 18 by the court, they said.
In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.
Speaking to ANI on Wednesday, Dehadrai said, "I have given my complaint to the CBI. This is a very serious issue and there are people from Odisha who are financing and supporting those against whom I have filed a complaint (to the CBI). This fight is a bit dangerous but I will not back down."
Hockey India president Dilip Tirkey and secretary general Bhola Nath Singh on Wednesday denied outgoing CEO Elena Norman's assertion of a rift between them, saying that they are "united" and working in the best interest of the sport.
Hockey India's long-serving CEO, Elena Norman resigned from her post on Tuesday, February 27. Norman steps down after holding the position for nearly 13 years.
The four astronauts are -- Prashanth Balakrishnan Nair, Angad Prathap, Ajit Krishnan, and Shubhanshu Shukla -- Modi said at the Vikram Sarabhai Space Centre (VSSC) at Thumba near the Kerala state capital.
There has been a decline of four points in male U5MR and three points in female U5MR during the corresponding period.
Security forces launched a massive assault with mortar shells to flush out terrorists responsible for the killing of four personnel from a hilly forest in Jammu and Kashmir's Anantnag district on Saturday, officials said.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
Two pilots on board a Cheetah helicopter of the Army were killed when it crashed near Mandala in West Kameng district of Arunachal Pradesh on Thursday morning, a defence spokesperson said.
At present, Wg Cdr Varthaman is serving at an IAF base in Rajasthan.
According to rescue officer Phil Gaden in Australia, Tomy had a severely injured back.
Aaftab Amin Poonawalla, accused in the horrific Shraddha Walker murder case who was arrested recently, had attempted to mislead the police of Delhi and Mumbai in the initial days of the investigation.
Delhi Police constable Arvind Dabas, arrested along with three others in the Arun Jaitley phone tapping case, told a local court that he has been being falsely implicated and there is no direct evidence against him.
Wockhardt Chairman Habil Khorakiwala can breathe easy, as bankers have approved the debt restructuring package he had sought three months ago.
The central bank increased provisioning to 2.75 per cent from the present 2 per cent because CDR cases are on rise. This rise will hit bottom lines of banks by around 4 per cent.
His health condition is being monitored by a group of doctors at the Army's Research and Referral hospital, the officials said.
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
Private detective Anurag Singh, the alleged main conspirator arrested in connection with the attempt to access call details of Bharatiya Janata Party leader Arun Jaitley, was on Tuesday remanded in judicial custody by a Delhi court.
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