The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
The top court also clarified that the general council of the AIADMK which is to take place on July 11, 2022, may proceed in the accordance with the law.
'Government shouldn't be in the business of running airlines, instead it should develop the ecosystem of civil aviation.'
After initial 'zero infiltration' in the wake of renewed ceasefire agreement between India and Pakistan in February, fresh attempts are on to push terrorists from across the border where 250 to 300 terrorists are trained and waiting on the launch pads, Jammu and Kashmir Director General of Police Dilbag Singh said on Tuesday.
In a television appearance Monday, Putin said Russia had struck military and infrastructure targets across Ukraine following the Crimea bridge blast.
'Rakesh's life is hard, but he knows how to find joy.' 'He doesn't think his life's value comes from money. He sees no shame in his poverty.'
Kim Jong-un declared he would never surrender North Korea's nuclear weapons weapons even if his country faced 100 years of sanctions. Dr Rajaram Panda explains Pyongyang's new nuclear doctrine that makes the world a much more dangerous place.
Here's what you can do to keep your gadget safe.
Experts emphasise on the need to curb the spread of the novel coronavirus using strategic and pragmatic approaches in villages as well as Tier 2 and Tier 3 cities and towns, which are reporting increased COVID-19 infections and deaths during the ongoing second wave of COVID-19 pandemic.
Future Group and V-Mart have put in place systems to prevent panic buying at their neighbourhood grocery stores.
An undeterred Chief Executive Officer of NSO Group, Shalev Hulio, in an interview to Israeli Channel 12 on Saturday, strongly defended the company's operations, though he also conceded that some 'mistakes' may have happened over the years.
Chinese President Xi Jinping has stressed the need for the recruitment of new talent to support the rapid modernisation of the armed forces and win future wars amid reports that the military has committed more resources to enrol 3 lakh personnel for frontline positions.
The Chinese navy's growing aggression in the Western Pacific is bringing together a range of allies.
China, Russia, Iran and international terrorism form the 'big four' set of security threats in an era of dramatic change, Britain's chief spy said in a rare public speech on Tuesday.
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
Of the 2,562 customer complaints received between January 2020 and March 2021, a majority relate to illegal apps. At least two dozen suicide cases have been reported, perpetrated by the harassment by loan app operators, points out Tamal Bandyopadhyay.
Russia's main gain will be that in geopolitical terms, Ukraine regains its sovereignty and ceases to be a de facto American colony, observes Ambassador M K Bhadrakumar.
The diplomat made the remarks replying to lawmakers' questions on New Delhi abstaining from several UN vote on Russian aggression against Ukraine.
The health system is trying to ensure that it isn't caught by surprise -- the way it was last time. So, hectic preparations are on.
CIA Director William J. Burns held a secret meeting in Kabul on Monday with Baradar in the highest-level face-to-face encounter between the Taliban and the Biden administration since the militants seized the Afghan capital, the Washington Post reported, citing unnamed US officials who spoke on the condition of anonymity,
Exercising self-defence is a nation's primary right when a situation demands 'immediate and proportionate action' and applies also to attacks by non-state actors, India told a United Nations meeting, highlighting several proxy cross-border and state-supported terrorist attacks like the 26/11 Mumbai assault the country was subjected to from its neighbour.
The decision empowers pregnant women to make an informed choice on taking the Covid vaccination, the ministry said, adding these women can now register on CoWIN or walk-in to the nearest Covid vaccination centre to get themselves inoculated.
The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.
'The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market'
Upcoming payment banks will lift lower income groups in distant villages.
In another major crackdown on the Popular Front of India, police along with other investigative agencies conducted raids across several states on Tuesday.
The Chinese military on Thursday said it has conducted precision strikes over the Taiwan Strait and 'expected results' were achieved, in apparent retaliation to the United States House Speaker Nancy Pelosi's visit to Taipei disregarding Beijing's vociferous warnings.
The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).
Bank unions said they will not participate in the 'Bharat Bandh' on Tuesday, even as they expressed solidarity with farmers protesting against the new farm laws. Farmer groups, camping at various Delhi border points for over a week, have called for a nationwide shutdown on Tuesday to protest against three recently enacted agriculture-related legislations.
Earlier last month, for the first time ever, an anonymous hacker was served with a restraining order as a non-fungible token (NFT), reports Shivani Shinde.
The government has started the process to appoint the next Chief of Defence Staff (CDS) and a list of names based on recommendations from the three services will soon be submitted to Defence Minister Rajnath Singh for approval, officials said on Friday.
"The FATF plenary decided continuation of Pakistan in 'Grey List' till its next meeting to be held in October," an official privy to the development told PTI.
Internal documents at Facebook show "a struggle with misinformation, hate speech and celebrations of violence" in India, the company's biggest market, with researchers at the social media giant pointing out that there are groups and pages "replete with inflammatory and misleading anti-Muslim content" on its platform, US media reports have said.
A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled satellite contract, according to the court order copy.
November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.
This doctor couple put their faith in India. And in return India has put faith in them.
AP Moller-Maersk, one of the affected entities globally, operates the Gateway Terminals India at JNPT.
Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the Omicron variant strikes the economy hard, as per the financial stability report of the Reserve Bank released on Wednesday. The report also said that the rising stress level in the retail loan portfolio of banks -- the mainstay of bank credit for many years now -- was led by home loans, which grew in double-digits so far this fiscal. While asset quality improved, with gross non-performing assets (GNPA) and net NPA (NNPA) ratios declining to 6.9 and 2.3 per cent, respectively, in September 2021, the slippage ratio inched up during the same period as private sector banks showed a higher rate of deterioration in asset quality, as per the report.
Giving an account of India's overall military modernisation, Lt Gen Pande also said that an in-principle approval has been given to new combat formations called the Integrated Battle Groups (IBGs) which can mobilise fast with a more effective approach.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
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