The Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piramal group's bid to take over it towards the end of the resolution process. The revelation comes in the June 7 NCLT Mumbai order that has approved the Rs 35,250-crore bid for the once second largest mortage lender by Piramal Capital & Housing Finance, forcing over 65 per cent haircut on the creditors and just Re 1 to its NCD holders to whom it owes more than Rs 45,000-crore. On the 14th page of the 86-page NCLT order by HP Chaturvedi and Ravikumar Duraisamy, it says DHFL no longer is a deposit taking NBFC but a non-deposit taking one.
Sunil Narine and Varun Chakravarthy, have done an excellent job in restricting the oppositions but KKR's top-order batting has hurt them the most.
Captain KL Rahul has been one of the few consistent performers in the formidable-looking Punjab batting unit and he once again led by example against MI
KKR have so far failed to come together as a unit and slipped to sixth in the table after starting the tournament on a high against Sunrisers Hyderabad.
'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
Unless they getting their batting and bowling woes sorted out soon, the 2023 World Cup looks another distant dream for the Men in Blue.
An Indian player died after collapsing on the pitch during a district-level league match, the All India Football Federation (AIFF) said on Tuesday. Local media reported 27-year-old Bangalore Mars striker D Venkatesh collapsed following a cardiac arrest at the Bangalore Football Stadium.
Morgan's astute captaincy in using his bowling resources was the highlight as KKR had bowled out MI for a modest 152.
According to the Karnataka State Natural Disaster Monitoring Centre, there would be heavy rain for the next 24 hours in coastal areas, in the northern and in the interior parts of the south.
The Union Health Ministry has said in response to a Right to Information application that it does not know where records related to agenda circulated in meetings of the National Expert Group on Vaccine Administration for COVID-19 are held.
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