News for 'National Housing Bank'

'If the government doesn't help, our dreams will collapse'

'If the government doesn't help, our dreams will collapse'

Rediff.com7 Oct 2022

'Our future is in limbo. The government saved us with Operation Ganga; now, they must save our careers.'

How India Can Tackle Security Challenges

How India Can Tackle Security Challenges

Rediff.com9 Jun 2022

India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).

With entry into NSG on his mind, PM embarks on 5-nation tour

With entry into NSG on his mind, PM embarks on 5-nation tour

Rediff.com4 Jun 2016

Modi on Saturday embarked on a five-nation visit to Afghanistan, Qatar, Switzerland, the US and Mexico focus of which will be to enhance India's engagement in areas of trade, energy and security, besides pushing for its membership of the Nuclear Suppliers Group.

Chinese firm gets contract for Delhi-Meerut RRTS project

Chinese firm gets contract for Delhi-Meerut RRTS project

Rediff.com3 Jan 2021

The NCRTC, which is executing the country's first RRTS, said the contract was awarded following the set procedure and guidelines.

'The terrorists were lobbing grenades, firing indiscriminately'

'The terrorists were lobbing grenades, firing indiscriminately'

Rediff.com26 Nov 2021

'I could see the silhouettes of three men on the sixth floor.' 'I pointed them out to the NSG personnel standing beside me and suggested they take them out.' 'They did not have the clearance to fire.'

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Rediff.com31 Dec 2019

Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.

'Govt doesn't care about restaurant biz'

'Govt doesn't care about restaurant biz'

Rediff.com4 Aug 2021

'The government is not ready to talk to us. They have their own agenda.'

DHFL: 63 Moons to move tribunal against Piramal bid

DHFL: 63 Moons to move tribunal against Piramal bid

Rediff.com8 Jun 2021

63 Moons Technologies that has a claim of Rs 200 crore from Dewan Housing Finance, which is being taken over by the Piramal Group for as low as Rs 37,500 crore against a total claim of close to Rs 85,000 crore, on Tuesday said it will challenge the resolution at the NCLAT shortly. On Tuesday, making an about-turn, the Mumbai bench of the National Company Law Tribunal (NCLT) chaired by HP Chaturvedi and Ravikumar Duraisamy, allowed Piramal Group to take over DHFL under the bankruptcy code for as low as Rs 37,500 crore against a claim of close to Rs 85,000 crore. It had on May 25 asked the committee of creditors to consider the Wadhawans offer of paying back almost Rs 93,000 crore to the lenders and creditors, which was stayed by the NCLAT after the Pirmal group challenged it.

Kabul blasts may turn out to be a political windfall for the Taliban

Kabul blasts may turn out to be a political windfall for the Taliban

Rediff.com27 Aug 2021

Afghanistan will remain a frontline state for Washington for a foreseeable future in terms of the potential threats to US national security from terrorist groups, asserts Ambassador M K Bhadrakumar, who played a stellar role in beginning India's dealings in Afghanistan in 1994.

Piramal Group's resolution plan for beleaguered DHFL gets NCLT nod

Piramal Group's resolution plan for beleaguered DHFL gets NCLT nod

Rediff.com8 Jun 2021

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Monday approved Piramal Group's resolution plan for the beleaguered Dewan Housing Finance Ltd (DHFL), which has been reeling from the insolvency process since 2019. The plan put forward by Piramal Group, which has offered to pay Rs 37,250 crore, has been approved by the committee of creditors (CoC), the Reserve Bank of India (RBI), and the Competition Commission of India (CCI).

Covid-19 effect: Small savings cross Rs 1-trillion mark in first 6 months of FY21

Covid-19 effect: Small savings cross Rs 1-trillion mark in first 6 months of FY21

Rediff.com26 Nov 2020

Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.

All in all, a 'Robin Hood' Budget

All in all, a 'Robin Hood' Budget

Rediff.com3 Feb 2018

For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, says Shailesh Haribhakti.

Ask Ajit: 'Advice for small-time investor'

Ask Ajit: 'Advice for small-time investor'

Rediff.com14 Jan 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

PNB ready to disburse Rs 16,000 crore in loans

PNB ready to disburse Rs 16,000 crore in loans

Rediff.com6 Jul 2020

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'

'NSE is not just Chitra and Anand alone'

'NSE is not just Chitra and Anand alone'

Rediff.com3 Mar 2022

'NSE has thousands of employees. It is their institution. So it's a dear family.' 'One should not hurt the morale of these people.'

Assam To New York: A Supermodel's Journey

Assam To New York: A Supermodel's Journey

Rediff.com27 Jan 2022

The girl from the north east who now walks for the best names in international fashion today was content wearing hand-me-downs from cousins those days.

PNB fraud: Interpol issues red notice against Nirav Modi's sister

PNB fraud: Interpol issues red notice against Nirav Modi's sister

Rediff.com10 Sep 2018

The notice, which acts as an international arrest warrant, states that Purvi Deepak Modi, 44, is required on charges of "money laundering".

'Punjab is heading for a hung assembly'

'Punjab is heading for a hung assembly'

Rediff.com19 Jan 2022

'The fight is between the Congress and Akali Dal.'

Mehul Choksi gives up Indian citizenship

Mehul Choksi gives up Indian citizenship

Rediff.com21 Jan 2019

Choksi is wanted in India by the CBI and the Enforcement Directorate, which are probing the PNB fraud, the biggest banking scam in the country. India continues to pursue Choksi's return with the government of Antigua through diplomatic and legal channels.

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

Rediff.com25 Feb 2021

The diamond merchant wanted in India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts.

RBI is 80! Milestones of an illustrious journey

RBI is 80! Milestones of an illustrious journey

Rediff.com2 Apr 2015

With a sole mandate of inflation targeting, RBI wears many hats.

ED books Rana Kapoor in fresh money laundering case

ED books Rana Kapoor in fresh money laundering case

Rediff.com17 Mar 2020

Kapoor is already facing an ED criminal case for receiving alleged kickbacks, through companies purportedly controlled by his family, for going slow on bad loans extended by his bank to some big corporate.

Rahul was misled to consider Channi as poor: Sidhu's wife

Rahul was misled to consider Channi as poor: Sidhu's wife

Rediff.com8 Feb 2022

Aam Aadmi Party's chief ministerial candidate Bhagwant Mann too questioned separately Gandhi's description of Channi as belonging to 'gareeb ghar', asking 'from which angle, is he poor'.

China's PLA appears to have 'instigated' clash to grab Indian territory: US leader

China's PLA appears to have 'instigated' clash to grab Indian territory: US leader

Rediff.com19 Jun 2020

He said that the Communist Party of China has used the COVID-19 pandemic as a smokescreen for ratcheting up their oppression of Hong Kong and advancing their control and influence throughout the region.

Mulayam and the Samajwadi Party house of cards

Mulayam and the Samajwadi Party house of cards

Rediff.com21 Sep 2016

How he hopes to retain his fort is anyone's guess, says Nazarwala, the man who called right the 2007 and 2012 UP elections.

Study Abroad: 10 Tips to get an Education Loan

Study Abroad: 10 Tips to get an Education Loan

Rediff.com3 Jun 2021

Ankit Mehra, founder and CEO, GyanDhan, an education financing marketplace, tells you how to apply for an education loan in the pandemic.

Repeal of AFSPA major poll issue in militancy-hit Manipur

Repeal of AFSPA major poll issue in militancy-hit Manipur

Rediff.com14 Jan 2022

Besides law and order, the long standing demand for junking Armed Forces (Special Powers) Act, economic woes of the land-locked state which has hardly any industries, are expected to figure high on the agenda of the unfolding electoral battle between the two main parties with smaller local parties such as National People's Party and the Naga People's Front chipping in with their own demands.

Swiss accounts of Nirav Modi, sister worth Rs 280 crore seized

Swiss accounts of Nirav Modi, sister worth Rs 280 crore seized

Rediff.com27 Jun 2019

Official sources said while the accounts of Nirav Modi, the diamantaire under arrest in this case in London, have deposits of $3,74,11,596 (Rs 258 crore) while the accounts in the name of his sister Purvi Modi has deposits of 27,38,136 (Rs 24 crore).

'Unpardonable sin to build a city on the banks of a river!'

'Unpardonable sin to build a city on the banks of a river!'

Rediff.com23 Feb 2015

'They are acquiring agricultural land almost free of cost promising an illusory rise which is worse than a chit fund scheme.' 'When I went there on a fact-finding mission, we found that one third of the land they plan to acquire is the best agricultural land in the country.'

Time to create mother of all mutual funds

Time to create mother of all mutual funds

Rediff.com7 Dec 2017

The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.

PNB scam washes out Parliament for second day

PNB scam washes out Parliament for second day

Rediff.com6 Mar 2018

Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.

Delhi needs govt that supports CAA, says Modi

Delhi needs govt that supports CAA, says Modi

Rediff.com4 Feb 2020

Addressing an election rally in Dwarka three days before the February 8 assembly elections, the prime minister said the national capital also needs a government that will give direction and not resort to blame games.

Sony World Photography Awards 2022 Winners

Sony World Photography Awards 2022 Winners

Rediff.com14 Apr 2022

The World Photography Organisation has announced the overall winners of the prestigious Sony World Photography Awards 2022.

NCLAT orders liquidation of Amtek Auto

NCLAT orders liquidation of Amtek Auto

Rediff.com16 Aug 2019

Amtek Auto was among the first list of 12 companies which were referred by the RBI in 2017 to respective banks for initiation of insolvency process for defaults.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

PNB cuts housing rates to 8.50 per cent

PNB cuts housing rates to 8.50 per cent

Rediff.com6 Feb 2003

PNB has slashed the floating home loan rates to 8.5 per cent from February 10.

While PNB 'slept', Mehul Choksi planned his escape

While PNB 'slept', Mehul Choksi planned his escape

Rediff.com25 Jul 2018

He escaped the country in the first week and took the oath of allegiance in Antigua on January 15

2019: Year of reality check

2019: Year of reality check

Rediff.com27 Dec 2019

From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.

Israel, UAE strike 'historic' pact to normalise relations

Israel, UAE strike 'historic' pact to normalise relations

Rediff.com13 Aug 2020

Under the deal, Israel would suspend its plans to annex large parts of the occupied West Bank.

What FM's stimulus package 2.0 offers

What FM's stimulus package 2.0 offers

Rediff.com14 May 2020

On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.