News for 'NTC'

CBI's RG Kar, Dabholkar investigators among 31 awarded police medals

CBI's RG Kar, Dabholkar investigators among 31 awarded police medals

Rediff.com25 Jan 2026

CBI officers who supervised investigations into the rape and murder of a doctor in Kolkata and the killing of rationalist Narendra Dabholkar are among those awarded police medals on Republic Day.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

Balaji-Bollipalli keep India in Davis Cup World Group 1

Balaji-Bollipalli keep India in Davis Cup World Group 1

Rediff.com2 Feb 2025

N Sriram Balaji and Rithvik Choudary Bollipalli sealed India's place in the Davis Cup World Group I with a convincing straight sets victory in the doubles for an unassailable 3-0 lead against Togo in the play-off tie in New Delhi on Sunday.

NTC mills: Revival bid fails

NTC mills: Revival bid fails

Rediff.com26 May 2006

The government's move to revive 29 mills of National Textile Corporation and woollen textile company British India Corporation through private participation has failed to take off.

NTC to sell mill land via e-auction

NTC to sell mill land via e-auction

Rediff.com6 Jul 2010

The National Textiles Corporation (NTC) said it has done away with the system of inviting tenders for selling lands of its closed mills and adopted the 'e-auction' route, which is more transparent.

Credit card delinquencies rise even as retail credit growth moderates

Credit card delinquencies rise even as retail credit growth moderates

Rediff.com24 Sep 2024

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday. Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25- highest among all other credit segments.

NTC seeks nod for selling 10 Mumbai mills

NTC seeks nod for selling 10 Mumbai mills

Rediff.com24 May 2006

National Textile Corporation is in talks with the Maharashtra government to sell the land of 10 remaining mills in Mumbai which could fetch about Rs 4,000 crore (Rs 40 billion).

Asset sale fetched NTC Rs 4,034 cr: Maran

Asset sale fetched NTC Rs 4,034 cr: Maran

Rediff.com24 Aug 2009

The National Textile Corporation (NTC) has earned Rs 4,034 crore through sale of assets as a part of its Modified Revival Scheme (MRS), which mainly includes land of closed mills, according to Union Minister for Textiles Dayanidhi Maran.

Govt to close 12 NTC mills

Govt to close 12 NTC mills

Rediff.com28 Mar 2007

The government has decided to close 12 more mills of National Textile Corporation and invited initial bids from private players to partner the firm for modernising and reviving 18 other units.

Lodhas to buy DLF's NTC land in Mumbai

Lodhas to buy DLF's NTC land in Mumbai

Rediff.com20 Jul 2012

To reduce its mounting debt, DLF, the country's biggest real estate company, is set to sign a deal with Mumbai-based Lodha Developers for selling one of its showcase non-core assets the 17-acre National Textile Corporation (NTC) land in Mumbai.

9 firms show interest in reviving NTC mills

9 firms show interest in reviving NTC mills

Rediff.com25 Jul 2007

Among the companies that have shown interest in NTC are Abhishek Industries, Alps Industries, Falcon Tyres, Alok Industries and Nitco.

NTC shortlists 3 advisors for reviving 29 mills

NTC shortlists 3 advisors for reviving 29 mills

Rediff.com17 Jul 2006

National Textile Corporation has shortlisted three firms as advisors to revive 29 of its mills through private participation.

NTC plans sale of 40 acres mill land

NTC plans sale of 40 acres mill land

Rediff.com29 May 2007

The National Textile Corporation (NTC) has decided to sell around 40 acres of mill land in Mumbai, Bangalore, Ahmedabad and Udaipur.

SC stays Bombay HC order on NTC mill land

SC stays Bombay HC order on NTC mill land

Rediff.com14 Dec 2005

The buyers, however, cannot go ahead with construction on the lands bought by them, the court said.

NTC may bag Rs 5,000 cr from Mumbai land sale

NTC may bag Rs 5,000 cr from Mumbai land sale

Rediff.com29 Jul 2010

This is based on Rs 100 crore (Rs 1 billion) per acre as reserve price fixed by the NTC for various properties.

DLF may put off NTC Mills land sale till FY14: Veritas

DLF may put off NTC Mills land sale till FY14: Veritas

Rediff.com2 May 2012

Mumbai land sale part of non-core divestment this year, counters DLF

Davis Cup: India start prep for Pakistan tie

Davis Cup: India start prep for Pakistan tie

Rediff.com22 Jan 2024

Ramkumar, Poonacha and Saketh Myneni had a light session that lasted two and a half hours.

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Rediff.com7 Jul 2023

This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.

In 75th year of Independence, govt may shut down British India Corp

In 75th year of Independence, govt may shut down British India Corp

Rediff.com17 Aug 2022

Once the iconic red-brick building of British India Corporation (BICL), which manufactured the popular "Lal-Imli" brand of woollen products, made Cawnpore (now Kanpur) the Manchester of the East. In the 75th year of independence, the government may finally pull the curtains on the century-old, now defunct public sector enterprise. "The Department of Public Enterprises (DPE) has floated a draft cabinet note for closure of British India Corporation (BICL) along with National Textiles Corporation (NTC). "The Cabinet may soon tak

Fintech Lenders Gave Rs 29,875 Crore

Fintech Lenders Gave Rs 29,875 Crore

Rediff.com23 Oct 2023

'The last year's growth is a foretaste of things to come in the retail credit market.'

ED registers money laundering case against ex-minister, others

ED registers money laundering case against ex-minister, others

Rediff.com3 Aug 2016

The case pertains to the sale of NTC land in upmarket Worli area of Mumbai to a private Kolkata-based firm for a meagre Rs 29.35 crore when Vaghela was the minister for textiles

NTC land: Indiabulls to move SC

NTC land: Indiabulls to move SC

Rediff.com18 Oct 2005

Indiabulls Properties, the real estate arm of Indiabulls Financial Services, is planning to file an appeal in the Supreme Court against the Bombay High Court order setting aside the sale of land owned by National Textile Corporation in Mumbai.

High Court stays NTC land sale

High Court stays NTC land sale

Rediff.com17 Oct 2005

In a significant development, the Bombay High court on Monday set aside the sale of 600 acre of surplus textile mill land by National Textile Corporation in prime locations.

NTC land gets Rs 284-cr bids

NTC land gets Rs 284-cr bids

Rediff.com30 Jul 2010

The Podar Mill, which went under the hammer today, is expected to get higher bids in the remaining two days of the e-auction.

SC allows construction on NTC land

SC allows construction on NTC land

Rediff.com11 May 2005

In a major relief to National Textile Corporation and owners of closed private textile mills in Mumbai, the Supreme Court

Govt to modernise 15 NTC mills

Govt to modernise 15 NTC mills

Rediff.com20 Apr 2005

The government has decided to modernise 15 of the 53 mills under the National Textiles Corporation at the cost of Rs 318.83 crore (Rs 3.18 billion).

Dalai Lama: India is the only country that can combine modern and ancient education

Dalai Lama: India is the only country that can combine modern and ancient education

Rediff.com12 Jan 2018

The Dalai Lama's advice to India's teachers.

Thackeray, Joshi firm to buy NTC land

Thackeray, Joshi firm to buy NTC land

Rediff.com21 Jul 2005

The auction by National Textile Corporation for the 4.8 acre Kohinoor Mill No 3 land in Dadar area has been won by city-based Kohinoor CTN for Rs 421 crore.

Mumbai: Only 2 bids for NTC's mill land

Mumbai: Only 2 bids for NTC's mill land

Rediff.com17 Jul 2009

Third attempt to get more buyers, property market still quite depressed.

India's military is changing, and how!

India's military is changing, and how!

Rediff.com12 Apr 2021

The creation of a CDS has got the head right. Issues that were not talked about for years are now being discussed, points out Ajai Shukla.

Mumbai ex-mill land comes with many riders

Mumbai ex-mill land comes with many riders

Rediff.com10 Aug 2010

Last week, Indiabulls Infratech, part of the Indiabulls group, bagged NTC's Bharath Mill land, spread over 8.3 acres, in Mumbai for Rs 1,505 crore (Rs 15.05 billion).

Rs 8,000-cr premium realty projects face delay

Rs 8,000-cr premium realty projects face delay

Rediff.com24 Jun 2008

According to industry estimates, around Rs 8,000 crore of real estate projects covering over 40 million square feet are facing delays.

NTC's bonds issue to hit market next week

NTC's bonds issue to hit market next week

Rediff.com24 Sep 2003

National Textiles Corporation's bonds issue to mop up around Rs 500 crore (5 billion) will hit the market next week.

SC clears Mumbai mill land sale

SC clears Mumbai mill land sale

Rediff.com7 Mar 2006

The Supreme Court on Tuesday held that the sale of surplus lands by National Textile Corporation was legal.

Mumbai big-ticket property market sluggish

Mumbai big-ticket property market sluggish

Rediff.com30 Jan 2012

Sector insiders and analysts say this is due to combination of slowing property markets and liquidity issues.

Gaddafi's chemical weapons found in Libya

Gaddafi's chemical weapons found in Libya

Rediff.com31 Oct 2011

Chemical weapons from the Muammar Gaddafi era have been found in Libya and the new government has sought international help in securing them, National Transitional Council Prime Minister Mahmoud Jibril has said.