Conversion of debt of the stressed telecom player Vodafone Idea Ltd (VIL) into equity could be an option to emerge out of the crisis, lenders led by State Bank of India (SBI) have suggested to Department of Telecommunications (DoT). DoT had called senior bank officials on Friday to discuss the stress in the telecom sector arising out of the Supreme Court order last month on the adjusted gross revenue (AGR)-related dues payable by telecom majors, including Vodafone Idea and Bharti Airtel, sources said. The top court has given a time period of 10 years to telecom service providers struggling to pay Rs 93,520 crore of AGR-related dues to clear their outstanding amount to the government.
The reward for the arrest of gangster Vikas Dubey involved in the killing of eight police personnel in Uttar Pradesh has been increased to Rs 2.5 lakh.
The JD(U)-BJP alliance also lambasted the actress for lodging a 'baseless' first information report against the sisters of the deceased actor and questioned the 'support' extended to her by the Uddhav Thackeray government in Maharashtra, for 'reasons the Shiv Sena knows better'.
Check out the complete schedule of Indian athletes at the Tokyo Olympics
RBI may also be open to injecting liquidity through open market purchases of bonds but is resisting relaxing capital buffers for banks.
The five-six men, wearing saffron T-shirts and kurta, started the sloganeering when the train was about to halt at the metro station, according to a PTI reporter who was at the spot.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
With the Centre issuing guidelines for their resumption under Unlock 4, the rapid transit networks started operations in a graded manner in Delhi-NCR, Lucknow, Kochi, Chennai, Hyderabad, Bengaluru and Ahmedabad, but were still closed in Mumbai, Nagpur, Kolkata and Jaipur.
Virat Kohli sent the shutterbugs into a clicking frenzy as he received the Rajiv Gandhi Khel Ratna award
Joginder Tuteja looks at recent films exploring the drug culture.
The marital dispute between Prasad's elder son Tej Pratap Yadav and Aishwarya Rai, a daughter of Chandrika Roy, has its shadow in the poll battle on this seat which votes on November 3.
The Athletics Federation of India has submitted a list of 51 athletes, including the 11 called for trials, for the August 18 to September 2 Asian Games.
We're not responsible for his release, says JD-U after BJP's attack.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
With Tamil Nadu witnessing a sharp increase in the covid-19 cases, the government on Saturday announced clamping a two-week 'total lockdown' across the state to curb the spread of the pandemic.
BJP CMs promote a lawless culture, one where groups backed by the State are encouraged to attack fellow citizens, where being trigger-happy is the official police policy, notes Jyoti Punwani.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Referred to as 'Badlav Patr (document of change)', Congress leader Randeep Surjewala and All India Congress Committee's Bihar in-charge Shakti Sinh Gohil presented the manifesto that promises farm loan waiver and 50 percent subsidy in electricity bills to farmers up to 100 units of consumption. The manifesto also promised that it will reject the Centre's farm laws if voted to power.
Earlier, an inter-ministerial group used to take these decisions.
On all key issues, Congress is MIA, sighs Shekhar Gupta.
The court directed him neither to leave the country without permission nor change his address and mobile number during the bail period.
Kapil Dev's historic World Cup win wasn't the only highlight of 1983. Sukanya Verma looks back how the year treated Bollywood.
'There was so much grace, depth and serenity in him.'
A total 14 ministers, including 3 Rashtriya Janata Dal defectors, were inducted into the 12-day old Jitan Ram Manjhi cabinet in Bihar on Monday.
Anwar, an AICC general secretary, came out with a flurry of tweets calling for 'urgent and deep introspection' over the debacle of the party, the second largest constituent of the opposition coalition, which contested as many as 70 seats but returned with a tally of just 19.
The party's history shows that it has had at least 13 presidents from outside the Nehru-Gandhi clan since independence as against five from its first family. Jawaharlal Nehru, Indira Gandhi, Rajiv Gandhi, Sonia Gandhi and Rahul Gandhi have headed the party for the majority of the period since independence.
Young West Indian pacer Alzarri Joseph described his record-breaking bowling effort on his IPL debut as "unbelievable", saying he will cherish the moment for a long time to come.
Gohil, who is also one of the party's national spokespersons and a Rajya Sabha member from Gujarat, made the disclosure on his official twitter handle. 'Due to personal reasons, I have requested our party high command to allocate me lighter work for next few months and to relieve me ASAP as #Bihar in charge,' Gohil tweeted, tagging his party, its units in Bihar, Gujarat and Delhi besides a number of colleagues.
The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.
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