OBC, the buyer of GTB, said equity-holders will not get any value for their holdings now and can expect some relief only after 12 years if the troubled bank is left with any surplus value.
Delhi's air quality deteriorated significantly on Monday, with areas like Dwarka, Mundka and Najafgarh recording an AQI of 500, the worst this season. The city's overall AQI reached 491, triggering the implementation of the Graded Response Action Plan (GRAP) Stage-IV restrictions in Delhi-NCR. Doctors warned of health risks, urging people to wear N95 masks and avoid outdoor activities. The Supreme Court questioned the Delhi government on its anti-pollution measures and warned against scaling down preventive measures without its permission. Delhi Chief Minister Atishi accused the BJP-led central government of political maneuvering while neglecting stubble burning in states it governs. Meanwhile, the city enforced stricter pollution control measures, including a ban on truck entry and suspension of construction activities. Air purifier sales surged, reflecting the public's concern over the severe air pollution.
Designed by Ferrari Styling Centre, the 488 GTB can race from zero to 100 km/hr in 3 seconds.
In the face of the crisis in the Global Trust Bank, government on Monday committed to 'protect' the interests of depositors, with Finance Minister P Chidambaram saying deposits in the bank were 'reasonably safe.'
The woman, who lived in Ghaziabad and worked at the firm located in Noida, was allegedly being harassed for the past five to six months, her family claimed.
Oriental Bank of Commerce, which acquired Global Trust Bank last year, has filed 30 first information reports against GTB defaulters to recover Rs 1,300 crore (Rs 13 billion) of bad loans.
The withdrawal limit from the Global Trust Bank is likely to be enhanced soon, Union Finance Minister P Chidambaram said on Wednesday.
Oriental Bank of Commerce on Friday said its profit will dip this fiscal due to acquisition of the ailing Global Trust Bank and hinted at another round of voluntary retirement scheme to cut excess flab.
The integration process of Global Trust Bank with Oriental Bank of Commerce would be completed by June 2006, its chairman and managing director B D Narang said.
Both private and government hospitals have joined the protest, fighting for justice for the victim and demanding a security act for doctors.
The strike will continue following the tragic incident at the RG Kar Medical College in Kolkata, it said.
According to the Federation of Resident Doctors Association, during the indefinite strike, all outpatient departments, operation theatres, and ward duties will be shut, but emergency services will continue to operate as usual, ensuring that urgent patient care remains unaffected.
A 53-year-old man died on Thursday when a portion of the Gokulpuri Metro Station on the Pink Line in northeast Delhi collapsed, the police said.
The Securities and Exchange Board of India has found no insider trading in the shares of erstwhile Global Trust Bank before its merger with Oriental Bank of Commerce.
Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.
"Even the expired licence issued to the said hospital allowed for five beds only," Deputy Commissioner of Police (Shahdara) Surendra Choudhary said.
Non-emergency services, such as OPD and diagnostics, and elective surgeries at city-based health facilities, including at Centre-run AIIMS, Safdarjung hospital and RML hospital, are hit since Monday.
The officials of the Delhi Fire Services said the blaze broke out at the children's hospital in Shahdara on Saturday night.
Power distribution company officials said several areas, largely in central and east Delhi, were affected due to the failure. Some areas in north Delhi also faced outages.
A young Dalit woman was allegedly thrown into a hot cauldron of a jaggery-making unit for protesting against molestation in the Budaun district, police said on Sunday.
Securities and Exchange Board of India, on Tuesday, debarred promoters of Global Trust Bank Ramesh Gelli and associates, and Ketan Parekh entities from dealing in GTB scrip in any manner.
"Allah ko pyaari ho gayi meri beti," said Ansaar, whose 11-day-old daughter was among the seven newborns killed in a blaze at a childcare hospital.
A 20-year-old youth was allegedly stabbed by his neighbour in a petty dispute in northeast Delhi's Dayalpur area, police said on Saturday.
The Delhi Police has made a strategic plan to avert any incident knowing Sandeep's notoriety and his previous records, the sources said.
Sanju Samson, then a skinny 14-year-old, curled on the bed in his hotel room, watched Kolkata Knight Riders' Brendon McCullum hammering a 73-ball 158 against Royal Challengers Bengaluru in the first-ever IPL match.
With the setting up of doorframe metal detectors, CCTV cameras, drones and deployment of armed commandoes, a banquet in Delhi has turned into a fortress of sorts for the marriage of gangster Sandeep alias Kala Jathedi with 'history-sheeter' Anuradha Choudhary alias 'Madam Minz' on March 12, official sources said on Monday.
The Delhi Commission for Women (DCW) has issued a notice to the Ghaziabad police in connection with the brutal gang-rape of a 38-year-old woman recently, with the panel chief saying the attack reminded her of the Nirbhaya case.
A 35-year-old man was battered to death with bricks by a group of unidentified assailants following an altercation over car parking near a roadside eatery in Ghaziabad, police said.
DCW chief also said that strong action should be taken against the woman if her allegations are found to be false.
Still to come to terms with the loss of their loved ones in violence in parts of northeast Delhi, relatives are anxiously waiting outside GTB hospital's mortuary for the postmortem to be conducted before the bodies are handed over to them.
Sahil, 26, a resident of north Gonda area, says his father, Parvez Alam, 50, ran a garage and was trying to pacify people from both communities to not engage in violence.
The visuals on social media also showed huge traffic on the National Highway-24 and Sarai Kale Khan where vehicles were crawling. Water from the overflowing Yamuna river reached ITO, a key route to commute from east Delhi to central Delhi and Connaught Place.
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