News for 'National Housing Bank'

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".

'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.'

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.

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.

Industrial production remains muted; inflation @ 6-month high

Industrial production remains muted; inflation @ 6-month high

Rediff.com12 Jan 2022

The Index of Industrial Production (IIP) grew by 1.4 per cent in November as most components like manufacturing, electricity, mining, primary goods, and consumer durables witnessed a slowdown, according to data released by the National Statistical Office (NSO) on Wednesday. This is on the base of a decline of 1.7 per cent in November 2020 and before the new Covid variant started impacting economic activity. IIP growth was lower than the 4 per cent expansion recorded in the previous month but was better than a 1.6 per cent contraction seen in November 2020. Separately, rising prices of kitchen staples pushed retail inflation, or rate of price increase, to 5.59 per cent in December 2021, bringing it close to the upper band of Reserve Bank's comfort zone.

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.

The birth of Umran Malik, India's fastest bowler

The birth of Umran Malik, India's fastest bowler

Rediff.com28 Apr 2022

First coach Manhas remembers 17-year-old terrorising Ranji batters at nets

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.'

BJP action against its leaders after threats from external powers: Cong

BJP action against its leaders after threats from external powers: Cong

Rediff.com5 Jun 2022

Congress general secretary and chief spokesperson Randeep Surjewala accused the BJP of pushing India into a dark age of religious polarisation to "subserve its parochial political agenda in the short term".

Sensex ends in red, Nifty at new closing high; bank stocks shine

Sensex ends in red, Nifty at new closing high; bank stocks shine

Rediff.com28 Jan 2015

The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.

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.

Can TN's Water Woes Ever End?

Can TN's Water Woes Ever End?

Rediff.com1 Dec 2021

For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.

How close was Jaitley's Budget to 'achche din'?

How close was Jaitley's Budget to 'achche din'?

Rediff.com11 Jul 2014

Though not a blockbuster budget it does not undermine the fact that key issues were addressed and the finance minister certainly did not under-deliver, says Vatsal Srivastava.

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.

Amit Shah lands in K'taka amid buzz over leadership change, cabinet rejig

Amit Shah lands in K'taka amid buzz over leadership change, cabinet rejig

Rediff.com3 May 2022

Though largely seen as an official visit, with less than a year for elections, Shah during this trip is likely to meet senior party leaders including Chief Minister Basavaraj Bommai, veteran leader B S Yediyurappa among others

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.

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.

'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.

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.

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).

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).

'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.'

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.

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.

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

'Wife wants to live separate with child'

'Wife wants to live separate with child'

Rediff.com8 Nov 2022

In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.

Another Kashmiri Pandit killed in J-K, fresh exodus call issued

Another Kashmiri Pandit killed in J-K, fresh exodus call issued

Rediff.com16 Aug 2022

Terrorists have stepped up attacks in the Kashmir valley over the past week.

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.

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.

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.

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