The National Company Law Tribunal (NCLT) in Mumbai has admitted a petition filed by State Bank of India (SBI) seeking to initiate personal insolvency proceedings against industrialist Anil Ambani. This action is related to Ambani's alleged personal guarantees for loans extended to Reliance Communications (RCom), from which SBI is attempting to recover over 1,200 crore.
Deferred payment plans may come with a cost, which may not be immediately visible.
The 75th edition of Fit India Sundays on Cycle drew massive participation across more than 8,000 locations nationwide as the initiative commemorated Commonwealth Games Day and built momentum towards the historic 2030 Commonwealth Games in Ahmedabad.
Union Sports Minister Mansukh Mandaviya joined a cycling event in Ahmedabad to mark the 75th edition of 'Fit India Sundays on Cycle' and Commonwealth Games Day, encouraging citizens to embrace cycling for fitness and short commutes. The event saw participation from athletes, celebrities, and citizens across India.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
ELSS investments require a long-term commitment of at least seven years.
Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
Budget 2016 may hold some answers to start-up cooncerns.
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
Just two days before Congress leader Rahul Gandhi-led Bharat Jodo Yatra is scheduled to reach Jammu, two back-to-back explosions rocked a busy locality on the outskirts of the city on Saturday, leaving nine people injured, officials said.
The Congress said the foot march, being led by party leader Rahul Gandhi, will proceed according to its schedule and reach Jammu on Monday afternoon.
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
"If the music royalty is reduced by Rs 100 crore (Rs 1 billion), I think many of the FM radio stations in the country could be very viable. Or else, they will be forced to shutdown," says Prashant Panday, CEO, Radio Mirchi.
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The jury deliberated for less than an hour before ruling in Bouchard's favour in the lawsuit against the USTA.
Summary of sports events and persons who made news on Friday
Indian Women's Hockey team leaves for Argentina tour.
Summary of sports events and persons who made news on Frida
Since Telangana was carved out of Andhra Pradesh on June 2, 2014, the high court in Hyderabad was functioning as the common high court for the two states.
Members in Rajya Sabha on Tuesday transcended political barriers to voice concern over rape of a young executive in a cab in the national capital, with the House standing as one in condemning the heinous crime and demanding action against the guilty.
There's a certain amount of drama to the profession. Sample these taglines: 'We can see the unseen'; 'I can plant my detective in your guest bedroom.' One agency has even ensured that all its phone numbers end in '007'.
Director Shankar's I is an extravagant revenge saga that revolves around a beautiful tale of love sullied by jealousy, greed and anger, says S Saraswathi
Rediff.com's Indrani Dey digs up chilling details of the ongoing investigation in the Bardhaman blast case, which exposed the a militant network that had been operating in West Bengal since many years.
