At least 11 people were killed when two three-storey buildings built 11 years back collapsed in Madhavnagar locality of Atladara area in Vadodara in the wee hours on Wednesday and about 40 people were feared to be stuck under the debris.
Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.
The proposed amalgamation will make Bank of Baroda, which will merge the other two lenders with itself, the second largest public sector bank after State Bank of India in place of Punjab National Bank.
However, it may still not change its stance on the policy rate as inflationary pressures are coming from high commodity prices.
The legendary Sunil Gavaskar feels that swashbuckling all-rounder Hardik Pandya not bowling in the IPL is a 'big blow' for not just Mumbai Indians but also the T20 World Cup-bound Indian team.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
A lacklustre show by the Congress in Bihar seems to have proved costly for the opposition grand alliance, as it dragged down the RJD too from government formation in the Hindi heartland state.
The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.
A significant 69% respondents indicated keen interest to travel in 2021 post ease in restrictions with 18% ready to travel immediately post unlock and 51% within 3-6 months.
A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.
Former champions Mumbai claimed three points against Baroda after their four-day Elite Group A Ranji Trophy game ended in a draw at the Wankhede Stadium.
A round-up of final day of the Ranji Trophy matches played on Thursday.
A summary of the first day's proceedings in the Ranji Trophy matches across the country.
Sachin Tendulkar loved the biryani so much that he wanted to have it the next day as well.
A summary of Thursday's matches in the Vijay Hazare Trophy limited-overs' tournament.
All eyes will be on the opening fixture between defending champions Saurashtra and record 41-time champions Mumbai in Ahmedabad with Rahane and Pujara on either side, aiming to make the big scores that have deserted them at the Test level for a while.
Emerging markets such as India have always run higher inflation rates than developed economies such as the US and countries of Western Europe. But for the first time in the past 30 years, the US reported a higher consumer price inflation (CPI) rate than India in five consecutive months. The US reported a CPI rate of 7.5 per cent in January 2022 against 6.01 per cent in India and analysts expect the trend to continue for at least a few months more
Loans for Indian airlines have dried up as banks have become cautious to lend to the sector.
The BCCI's Standard Operating Procedure (SOP) for state associations bars 60-plus individuals from taking part in the training camp ahead of the new season, potentially affecting Arun Lal and Australian Dav Whatmore, who are coaches of Bengal and Baroda respectively.
At a time when many women were forbidden by their caste-conscious families from taking up acting assignments in an industry not deemed respectable, Phalke wanted to cast his wife as the female lead in Raja Harishchandra.
Jaffer took to Twitter to vent out his frustration.
The empress of dandiya dances with the Judwaas while Aamir does some celebrating on his own!
According to the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In the case of Dena Bank, its shareholders will get 110 shares for every 1,000 shares of BoB.
'We are open to directing a Khiladi 2.' 'And we would want to do it with Akshay who is still so fit, energetic and successful.'
We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.
The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India captain Virat Kohli acknowledged the need for a "sixth bowling option" but also kept it open-ended when asked about flamboyant all-rounder Hardik Pandya's bowling fitness, stating that the Baroda man "has to be fit to be able to bowl one or two overs."
Wishal Soni talks about his eco-friendly, pocket-happy model to save the environment.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to "high risk" emanating from ADAG, Cox & Kings, CG Power, DHFL and Essar Shipping.
Banking and financial stocks got more than their fair share of foreign portfolio investor (FPI) flows in February. Overseas investors pumped in $3.56 billion into domestic equities last month. Of this $1.96 billion went into financial stocks, data analysed by Edelweiss shows. "The sector now has 34.8 per cent of FPI assets, up from 33.8 per cent in January.
Jammu and Kashmir cricketers, who could not train for the upcoming domestic season due to the communication clampdown in the region, have finally managed to get together and will begin their training in Baroda from Thursday.
With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits. Also, many retail borrowers may find it difficult to service their loans when the loan rates rise, points out Tamal Bandyopadhyay.
The bitter feud in the Rajasthan Cricket Association has prompted the Board of Control for Cricket in India to shift the opening One-Day International in the best-of-seven series between India and Australia, on October 25, from Jaipur to Vadodara.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Talented Indian opener Prithvi Shaw, who slammed a double hundred on his return to competitive cricket, said he was keen to get back to form quickly after spending eight months in the wilderness due to a doping offence. Shaw was handed a back-dated eight-month suspension in July for a doping violation after ingesting a prohibited substance Terbutaline.
'With his passing comes the end of Indian cricket history.'
'The people of Jammu and Kashmir are your own people. Do not use them as cannon fodder in your laboratory.'
A round-up of all the Ranji Trophy matches played on Thursday.
In the Mumbai game, the spotlight was on Shaw, who proved his mettle, by toying with the Jharkhand attack
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances