"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.
PSV fan assaulted Sevilla goalkeeper Marko Dmitrovic, punching him in the face before being wrestled to the ground by the Serbian.
China accuses Isa of terror activities in the remote Xinjiang region where there is frequent violence between the local Uyghur population and government forces.
The Enforcement Directorate (ED) ED will soon seek an Interpol arrest warrant against liquor baron Vijay Mallya based on a non-bailable warrant issued on Monday by a Mumbai court in a money laundering case.
The underworld don has written a letter to the Indian consulate speaking of a threat to his life in the Bali prison.
Images from the Premier League matches played on Saturday.
Images from Wednesday's action in the English Premier League.
Mihaila late show for Romania stuns Swiss in thrilling draw
Images from the English Premier League matches played on Saturday night.
Underworld don Dawood Ibrahim's close aide Iqbal Mirchi, an accused in the 1993 Mumbai serial blasts case, died of a heart attack in London on Wednesday night.
Introducing UCC is a challenging task for any government. The complexities are real and difficult to negotiate as it deals with sensitive religious and cultural sentiments. How can it strike an easy balance between individual rights and community interests?, asks Ramesh Menon.
Today, he lies in an unknown grave in a corner of a farmer's field in Pakistan, having given his all for his country. A riveting excerpt from Ian Cardozo's Beyond Fear: True Stories on Life in the Indian Armed Forces.
Tottenham Hotspur bolstered their hopes for a top-four finish and extended Chelsea's miserable run
Miss World 2024 will be crowned in India soon. Long before Aishwarya Rai and Priyanka Chopra, Yukta Mukhey and Diana Hayden, a beautiful woman from Bombay was crowned Miss World. In 1966. Reita Faria was India's first Miss World. Vaihayasi Pande Daniel/ Rediff.com met the 80 year old in Dublin recently, still as elegant, still as attractive as she was all those years ago.
At the half-hour mark, East Bengal appealed for a penalty, but a freekick was awarded at the edge of the box instead. Silva's strike from the set piece was punched clear by junior World Cupper Dheeraj Moirangthem.
Sukanya Verma goes down memory lane to recap the desi sightings at the Oscars.
The CBI sources said the agency has charged them with criminal conspiracy, cheating, forgery and under Provisions of Prevention of Corruption Act in the chargesheet.
Barcelona closed in on the La Liga title after beating 10-man Atletico Madrid 2-0 in Saturday's top-of-the-table showdown at the Nou Camp as late strikes by Luis Suarez and Lionel Messi gave the Catalans an 11-point lead at the top of the table.
Cristiano Ronaldo and Lionel Messi transported fans back in time to the heyday of their storied rivalry, as both forwards got on the scoresheet in an exhibition match in Riyadh on Thursday.
Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.
Images from UEFA Champions League matches played on Wednesday.
'I was at Deepika's wedding at Lake Como, also at the receptions in Delhi, Mumbai and Bengaluru, and every moment was unforgettable.'
English Premier League leaders Manchester City and Chelsea slugged out a magnificent 4-4 draw at Stamford Bridge.
IMAGES from the Premier League matches played on Saturday
In a four-cornered fight, the real battle is between Union minister Pratima Bhoumik and CPM's Kaushik Chanda.
New Everton boss Sean Dyche's reign began with a shock 1-0 victory over English Premier League leaders Arsenal.
Barcelona started strongly, with Gavi stinging the palms of Espanyol goalkeeper Alvaro Fernandez in the sixth minute, shortly before Alonso glanced a header into the net, following a corner.
ATK Mohun Bagan moved to the top of the table and Kerala Blasters FC entered the top-four after the two sides played out an entertaining 2-2 draw in the Indian Super League.
Red Bull closed the gap to champions Mercedes in the constructors' standings to one point.
'In today's world, it is difficult for public pressure to work against a country like India.'
Paris St Germain had a chance to extend their Ligue 1 lead to five points after RC Lens drew 1-1 at Troyes and Olympique de Marseille and Monaco shared the spoils on Saturday.
If you need some unusual bites for your Halloween menu, Chef Gunjit Singh Chawla has got you covered.
Australia are going to wear an Indigenous-themed kit for the first time.
The Central Bureau of Investigation has announced a reward of Rs 5 lakh for giving credible information about absconding accused Sarang Akolkar and Vinay Pawar in the murder of rationalist Narendra Dabholkar.
Red Bull's Mexican Sergio Perez was a distant third, struggling with dehydration after a water bottle failure in the Texas heat.
Swarms of ants infested every nook and corner of the village, including houses, roads, fields and trees, throwing the normal lives out of gear. Many have been beaten by these ants, causing swelling and irritation on the skin.
A mildly-spiced, sans too much garam masala 'hotel'-style potatoes with peas in a thick gravy that goes well with butter naans.
"Obviously the moment I scored was pure ecstasy for me. I'd heard only seven Australians had scored at the World Cup and I told Arnie (coach Graham Arnold) I'd be the eighth or ninth."
Europa League kings Sevilla breezed past Manchester United into the semi-finals of their favourite competition as Youssef En Nesyri scored twice
A round-up of Saturday's action in the Premier League.
