"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.
Jenson Button can take his revenge on Red Bull's Sebastian Vettel in front of the German's home fans at the Nuerburgring this weekend, and also restore some pride to Mercedes. Brawn GP's championship leader was well beaten by the 22-year-old Vettel on his home turf at Silverstone last month and is eager to turn the tables on the only other driver to have won races this season.
Sebastian Vettel drove a superb race to win the Belgian Grand Prix ahead of Mark Webber as Red Bull enjoyed a one-two at Spa-Francorchamps.
Musheer Khan, younger brother of Sarfaraz Khan (9), saved his side from a total collapse with an innings of rare maturity that belied his 19 tender years.
While the latest, fourth-generation Swift makes no pretence of being a performance car or the last word in luxury, what it does stand for is amply evident, notes Pavan Lall.
Images that should keep you grinning for days on end.
Jeffrey Archer will take questions at 4.30 pm IST on March 20.
Jenson Button has ruled out retaliating against Sebastian Vettel after Red Bull's double world champion forced him onto the grass at the start of last weekend's Japanese Grand Prix.
Rediff.com presents some jaw-breaking, tight-slapping, hair-pulling photographs clicked across the globe.
Two months after a junior doctor was brutally raped and killed, the doctors' protest in Kolkata rages on.
It was Pakistan's sixth defeat in their last 10 Tests at home and this was also the first time Bangladesh have beaten their neighbours in a Test and series.
Janhvi Kapoor is busy promoting her film Mr And Mrs Mahi and she makes sure to match her fashion to the cricket-themed plot.
Jenson Button hailed Honda's latest power unit as a good step forward for McLaren after completing 121 laps and finishing fifth fastest on the second day of Formula One's final pre-season test on Wednesday.
Jenson Button ignored an incident-packed race behind him and calmly steered his McLaren to victory at the season-opening Australian Grand Prix ahead of world champion Sebastian Vettel on Sunday.
Lewis Hamilton, once the young sensation of Formula One, is starting to feel his age as a new generation of drivers sweeps into the sport and old hands like Jenson Button and Felipe Massa head for the exit.
Earthy mushrooms, stuffed, pair well with the fresh cream and hung curd-cheese sauce.
The year was rich in content as far as Web series were concerned.
Formula One world champion Jenson Button thinks as many as seven teams could be battling it out throughout 2010 for the end-of-season honours.
Passive consumption of social media content, like mindlessly scrolling through feeds without engaging with them, has been linked to increased envy and decreased life satisfaction, cautions Dr Maithili Tambe.
Germany's Sebastian Vettel put Red Bull on pole position for the Turkish Grand Prix on Saturday after pushing Formula One championship leader Jenson Button off his pedestal. Button's Brawn GP team mate Rubens Barrichello qualified third for Sunday's race with Red Bull's Australian Mark Webber completing the second row.
Anil Rego, founder and CEO of Right Horizons, an end-to-end investment advisory and wealth management firm with multi-metro presence, will answer all your queries in an online chat on October 27, between 2 pm and 3 pm.
Red Bull's Sebastian Vettel roared into the record books as Formula One's youngest double world champion on Sunday after finishing third in a Japanese Grand Prix won by McLaren rival Jenson Button.
Red Bull, owned by Austrian energy drink billionaire Dietrich Mateschitz, have taken over the old Jaguar team.
PowerGrid was the top loser in the Sensex pack, shedding over 4 per cent, followed by Reliance Industries, Asian Paints, Kotak Bank, Tech Mahindra and Bharti Airtel. NSE Nifty tanked 204.95 points to 17,196.70.
Red Bull owner Dietrich Mateschitz has blamed Formula One's engine rules for effectively ending his team's title hopes.
Join us for an online chat with Vidya Bala, Head of Mutual fund research at FundsIndia.com, on Wednesday, August 10, between 2 pm and 3 pm.
Formula One title contenders Red Bull unveiled their striking new RB6 for the coming season on Wednesday.
It is doubtful there has been a more popular winner of a Formula One race in recent years than McLaren's Lando Norris, who was celebrated by everyone from Max Verstappen to Donald Trump following his victory at the Miami Grand Prix on Sunday.
Join Abhishek Verma on Rediff Chat at 1 pm IST on October 10, where he will talk about his experience at the Asian Games, his preparations before the Asiad and the feeling of being an Asian Games gold medalist.
You can call him the master of Instagram parodies.
German Sebastian Vettel gave Red Bull their first Formula One win with a pole to chequered flag victory ahead of team mate Mark Webber in the rain-soaked Chinese Grand Prix on Sunday.
World champion Sebastian Vettel continued his perfect start to the Formula One season by winning the Malaysian Grand Prix from pole position on Sunday.
Jeffrey Archer will answer your questions at 3 pm IST on February 27.
The list of guests included celebrities from across the globe, politicians, the who's who of Hindi and south Indian cinema world and almost all the top cricketers of the country.
Formula One leaders Brawn GP see Red Bull as their main rivals for the championship with Germany's Sebastian Vettel an ever present danger for Jenson Button.
You see the Thar is not just a Car.... It is The Thar.
Sukanya Verma proves that it can be gorgeous too when seen through Bollywood's loving, lyrical eyes.
Germany's Sebastian Vettel ran away with the British Grand Prix in a Red Bull one-two while championship leader Jenson Button struggled home in sixth place on Sunday. Australian Mark Webber finished runner-up, 15.1 seconds behind the 21-year-old, with Brazilian Rubens Barrichello in third place for Brawn GP.
The Nubia Red Magic 3S is delightfully designed and immensely powerful, says Veer Arjun Singh.
