"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.
Srinivas Bhogle and Purnendu Maji list India's Most Valuable ODI Players in the India - West Indies series.
Long jumper Murali Sreeshankar, steeplechaser Avinash Sable, veteran discus thrower Seema Punia and javelin thrower Annu Rani are expected to win medals at the 2022 Commonwealth Games.
The government may on Monday file an additional affidavit in the Supreme Court over the black money issue, stating clarification on its earlier stand of not revealing the names of those account holders who have deposited money in foreign banks.
Along with Olympic champion Neeraj Chopra, Kishore Jena, Rohit Yadav and D P Manu have also qualified for the August 19-27 World Championships in Budapest.
The government has amended Aadhaar regulations, specifying that supporting documents need to be updated "at least once" by Aadhaar holders on completion of 10 years from enrolment date.
Infused with new energy under Rohit, India looked a completely overhauled unit after being whitewashed in South Africa and the team would certainly want to continue from where it left of on Sunday night.
Desperate to restore their battered reputation after the recent debacle in Australia, title holders India would be hoping for a positive start to their campaign in the Asia Cup cricket tournament when they take on Sri Lanka in Mirpur on Tuesday.
Haryana's 3000m steeplechaser Priti Lamba was on Monday added to the Indian athletics team for the Hangzhou Asian Games
The Centre will disclose the list comprising over 600 names of the black money account holders on Wednesday after the Supreme Court slammed it for "giving a protective umbrella to foreign bank account holders". The court had said that Special Investigation Team will investigate black money and not the government.
Star striker Sunil Chhetri struck twice as holders India defeated Maldives 3-1 in an entertaining semifinal to book a berth in the summit clash of the SAFF Football Championship in New Delhi.
In an advisory, DGCA said there are provisions under the civil aviation requirement for action to be taken by the airline to deal with unruly passengers.
The move will have a major impact on Indian women as they are the major beneficiary of the Obama-era rule.
Images from the third Twenty20 International between India and the West Indies, in Kolkata, on Sunday.
'There is a little bit of home advantage and you got to use your matches at home. It's your facility but in Hyderabad, I think it's fair conditions. At the end of the day, better team on the day wins the game. I must say I congratulate the ground staff for producing good tracks, it's just each and every time, we came up short.'
Debit card payments remained sluggish due to the surge in digital transactions after the pandemic, and the Unified Payments Interface (UPI) has emerged as the most popular mode of money transfer, particularly for small value transactions, according to RBI data. In July 2020, the total debit card spends stood at Rs 2.81 trillion, as compared to Rs 3.15 trillion in July 2023, reflecting a growth of 11.96 per cent. UPI spends have seen a whopping growth of 428 per cent, zooming from Rs 2.90 trillion to Rs 15.33 trillion during the same period, the data revealed.
World Cup holders India and South Africa will clash in the opening match of the ICC Champions Trophy, 50-over contest, at Cardiff in Wales on June 6, 2013, tournament hosts the England and Wales Cricket Board announced on Tuesday.
West Indies also recalled opener Brandon King and Nkrumah Bonner in their 15-member squad led by all-rounder Kieron Pollard.
Al-Nassr are one of 40 clubs from 20 leagues across the confederation drawn in 10 groups to face one another from Monday, with only the winners guaranteed to advance to the knockout rounds in the quest for the top prize of US$4 million.
The returning Shikhar Dhawan will add more firepower to a ruthless India, who are faced with the problem of plenty, as they eye a clean sweep of West Indies in an inconsequential third and final ODI in Ahmedabad on Friday.
In the 28th minute, Pakistan too got a penalty corner, their third, but they again failed to stop the push and wasted a bright chance.
A summary of Indian athletes' performance on Day 7 of the Games.
Fitness-averse Hetmyer left out.
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
Australia's quest for a record hat-trick of titles started with a hard-fought 2-1 win over Ireland in the opening Pool D match of the men's hockey World Cup, in Bhubaneswar, on Friday.
Semi-high-speed 'Namo Bharat' train services on the 17-km priority section of India's first Regional Rapid Transit System (RRTS) rail corridor will be opened for people from Saturday morning.
Zimbabwe captain Sean Williams bludgeoned 174 to set up a 304-run victory for his side in their ODI World Cup Qualifier against the United States.
Credit card holders in India, who pay the highest rates of interest in the world, have been ripped of Rs 6,000 crore (Rs 60 billion) as "extra charges" by banks in a span of ten years, according to a rights group.
Tejaswin will however focus on Asian Games 2023, which will be held from Hangzhou, China from September 23 to October 8.
In an address at an election rally in this southern-most part of Mizoram bordering Myanmar, Singh said violence is no solution to any problem and the two communities in Manipur must talk to each other to improve the situation in the troubled state.
Drawn in Group A alongside Sri Lanka, Afghanistan and Bhutan, five-time winners and holders India will kick off their campaign in the SAFF Cup with a match against Afghanistan on December 3.
This year's US Open runs from Aug. 28-Sept. 10.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
India posted a 6-0 win over Bangladesh for their fourth straight victory in the Asia Cup hockey tournament.
'I need mental conditioning and support staff to deal with the mental aspect.'
The minister said any declaration made under the law will be protected
At a time when climate change poses significant challenges and the need for sustainable and efficient farming practices has never been more critical, unmanned aerial vehicles (UAVs) allow farmers to gain a bird's-eye view of their crops from ground level. Drones have become a new force in precision agriculture, helping increase productivity while prioritising sustainability and resilience. Fertiliser major IFFCO is exploring this very transformative power of technology in agriculture.
Tata Motors on Monday said the voluntary delisting of its American Depositary Shares, representing ordinary shares, from the New York Stock Exchange will become effective close of trading on January 23, 2023. After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under the Indian law, Tata Motors said in a regulatory filing.
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On the Congress accusing BJP of hypocrisy for its failure to disclose names, Jaitley said the Congress got it all wrong because media "completely misreported" the case.
The latest edition of the grand opera that is Indian domestic season will begin in Bengaluru on Wednesday with the Duleep Trophy.
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