One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
The Indian Navy plans to acquire a sizeable number of unmanned aerial and underwater platforms in the next few years to significantly ramp up its surveillance capability in the backdrop of China's increasing forays into the Indian Ocean region, people familiar with the development said on Sunday.
In India, the anniversary of 26/11 comes and goes with only the bare minimum of remembrance. We don't even bother very much about honouring those who acted with great bravery that day, rues Vir Sanghvi.
After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
"Very soon we will have enough systems and we will target.. we will find ways to tackle this threat," the Air Chief Marshal said.
Bharti Airtel CEO Gopal Vittal on Wednesday asserted that a large nation like India needs three private players in the telecom sector, and hoped the government would take measures to offer relief to the industry that is facing "serious financial stress". The comments assume significance in the backdrop of Vodafone Idea's desperate struggle to stay afloat. Aditya Birla Group chairman Kumar Mangalam Birla had in June this year offered to hand over the group's stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity to ensure that the company remains a going concern.
India slammed Pakistan at the UN after Prime Minister Imran Khan raked up the issue of Jammu and Kashmir in his address to the 76the UN General Assembly session on Friday.
Deshmukh's personal assistant Kundan Shinde and personal secretary Sanjeev Palande were asked to appear before the CBI team in connection with its ongoing preliminary enquiry into the case following directives of the Bombay high court.
Zelda Pande recounts the specialness with which Diwali was celebrated in her home in Ranchi.
"We keep hearing that Pakistan is a 'victim of terrorism'. This is the country which is an arsonist disguising itself as a fire-fighter. Pakistan nurtures terrorists in their backyard in the hope that they will only harm their neighbours," India's first secretary Sneha Dubey said in the UN General Assembly on Friday.
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
'Maybe it was its (India's) sheer size, with one-sixth of the world's population, an estimated two thousand distinct ethnic groups, and more than seven hundred languages spoken,' Obama writes on his fascination of India in his latest book A Promised Land.
Unusual means of connecting with the electorate are also being adopted by ministers in the Yogi Adityanath government, who are doing their bit to reach out to the voters.
Ramos recently turned 35 and had a season littered with injuries which led to him being left out of Spain's Euro 2020 squad
The National Investigation Agency has invoked the Unlawful Activities (Prevention) Act against suspended Mumbai police officer Sachin Waze in connection with the Antilia bomb scare case.
Accusing the BJP of trying to destabilise the Maharashtra government, the Congress on Sunday said former Mumbai police chief Param Bir Singh, who levelled allegations of corruption against state home minister Anil Deshmukh, might be under pressure of central agencies.
Facing heat over Assistant Police Inspector Vaze's alleged link to Hiran's mysterious death, the government earlier in the day announced his transfer from the Mumbai crime branch.
Raut said the ED notice to Parab was "expected" and the party would fight it legally.
Police resorted to lathicharge for a brief time to control protesters who broke barricades. Hours later, they were granted permission to enter Delhi and stage a peaceful protest at Nirankari ground in Burari.
Police used water cannons and tear gas to disperse the farmers who broke barricades in some places in Haryana.
Paine admitted the offence and accepted the sanction proposed by David Boon
The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.
The Uttar Pradesh government on Tuesday told the Supreme Court that decision to challenge the grant of bail by the Allahabad high court to Ashish Mishra is pending consideration before the relevant authorities.
Gerd Mueller netted 68 goals in 62 internationals, including the winner in the 1974 World Cup final, and is third in the all-time list of most goals in the global showpiece tournament with 14, behind Brazilian Ronaldo (15) and German Miroslav Klose (16).
The NIA has said its investigation has revealed Waze and other accused had hatched a conspiracy to eliminate Hiran on March 2 and 3.
The NIA has CCTV footage which shows the presence of Waze at the spot, the sources said.
Experts say Future group will look for an out-of-court settlement with help from Reliance in the Amazon matter.
Jaitely's statement comes amidst the escalating tension between Indian and Pakistan.
The Bombay High Court on Thursday said it would hear on September 29 the plea filed by Maharashtra's former home minister Anil Deshmukh against summons issued to him by the Enforcement Directorate in a money laundering case.
The team led by researchers at the University of Maryland in the United States found that people infected with SARS-CoV-2 exhale infectious virus in their breath, and those infected with the Alpha variant put 43 to 100 times more virus into the air than people infected with the original strains of the virus.
Latest updates from Bollywood.
Obama lied to Americans about the role of Pakistan special forces in the raid which killed Osama Bin Laden so he could take credit for the mission, an expose published has claimed.
The Bombay High Court on Tuesday said its division bench (comprising two judges), instead of a single-judge bench, would hear the petition filed by Maharashtra's former home minister Anil Deshmukh against the summons issued to him by the Enforcement Directorate in a money laundering case.
The officials said they had no information other than that Azhar was undergoing treatment at an army hospital after suffering renal failure.
Had the drama been sustained through the two-hour narrative, Bhavai would have had more impact, feels Joginder Tuteja.
The US and Pakistan then struck a deal that the US would raid his compound but make it look as if Pakistan was unaware, Hersh said.
A dreamlike bookstore that just opened in Sichuan, China has gone viral on social media and we can't help but call this book space nothing short of spellbinding. Take a look...
Investigative journalist Seymour Hersh claims that ISI got hold of bin Laden in 2006 after paying bribes to some of the tribal leaders
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