"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.
Two months after a junior doctor was brutally raped and killed, the doctors' protest in Kolkata rages on.
On the occasion of International Dog Day, here are a few B-Town pet parents with the love of their lives.
'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'
Between tons of sexual innuendo and Kapil Sharma brand of slapstick gags characterised in loud caricatures, moronic behaviour, flimsy wigs and cartoonish rhythm, Vicky Vidya Ka Woh Wala Video's jarring notions of exuberance have nothing novel to offer, groans Sukanya Verma.
'We accept EVMs cannot be hacked because it is not connected, but can they be manipulated?' 'Are you allowing us to check if EVMs can be manipulated?'
After bagging back-to-back Olympic bronze medals, India will start as favourites to defend their ACT title against top hockey playing nations of Asia in the form of China, Japan, Pakistan, Korea and Malaysia.
These quick exercises are easy to sneak into your day, offering a moment to reconnect with yourself, says Vishwa Dhiren Shah, wellness expert at One Health Assist.
Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.
'I want to die with my finger on the click button of the camera,' veteran photographer Pradeep Bandekar, who passed into ages early on Sunday morning, told Syed Firdaus Ashraf.
Zlatan Ibrahimovic is the first player to score 50 Serie A goals for both Milan clubs: Inter Milan (57 goals) and AC Milan (51 goals).
"This fight is against the hatred that the BJP and RSS are spreading throughout the country. They have tried to create conflicts between Hindus and Muslims, Hindus and Sikhs, and Hindus and Christians just to hold onto power. But they are failing and their strategy is not working," he said.
Rohit has managed just one half-century in his last eight innings in which he has tallied 104 runs. Kohli's freefall in Test cricket continues. He has fallen to spin three times in the first two Tests. Ashwin, usually, dominant at home, managed just six wickets in the first two Tests at an average of 43.
Many people come across a sad status update from a friend while browsing the popular social networking site -- that they have been fired; they have had a death in the family; some unfortunate event or may be just a bad day.
It was Pakistan's sixth defeat in their last 10 Tests at home and this was also the first time Bangladesh have beaten their neighbours in a Test and series.
Passive consumption of social media content, like mindlessly scrolling through feeds without engaging with them, has been linked to increased envy and decreased life satisfaction, cautions Dr Maithili Tambe.
Lok Sabha Speaker Om Birla urged MPs on Monday to follow the prescribed format while taking oath or affirmation and not add words as it lowered the dignity of the Constitution.
This is the kind of film to watch with friends and maybe a six-pack. It has some risqu bits but nothing so vulgar that the pause button would need to be hit if Mummyji walks into the room, notes Deepa Gahlot.
A shirt need not be work the traditional way. These celebs show you how to oomph it up.
The e-mail, detailing the points which were discussed and agreed upon between the two sides and also those which weren't, was sent as per the state's requirement based on which the government is expected to issue directives, the doctors said.
The second round of talks between junior doctors and officials of the West Bengal government failed to break the medics' strike over the RG Kar issue, following the state's refusal to give written minutes of the meeting, the doctors alleged.
The actor, who will be starring in international horror film Tongue, doesn't need a filter to shine.
Stepping up the company's AI and cloud play, Reliance Industries chairman Mukesh Ambani on Thursday announced that Jio users will get up to 100 GB of free cloud storage to securely store and access their photos, videos, documents, digital content and data. Addressing the 47th AGM of RIL, Ambani said the Jio AI-Cloud Welcome offer will be launched during the upcoming Diwali, which would bring a "powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone, everywhere". "Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content, and data.
Musheer Khan, younger brother of Sarfaraz Khan (9), saved his side from a total collapse with an innings of rare maturity that belied his 19 tender years.
Mark Zuckerberg said the feature will be coming soon.
Lieutenant Commanders Dilna K and Roopa A will remain at sea for 8 months. They will rely on wind power, do the repairs on the boat themselves and navigate some the world's most treacherous waters.
Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out" segment in a deal that will help the troubled fintech firm to sharpen its focus on core payments and financial services distribution.
'If you see another 1000-point correction, people may start panicking.'
Lewis Hamilton shed pent-up tears of joy after ending a 945-day wait for a win with a record ninth British Grand Prix victory in front of his home fans on Sunday.
Jenson Button hit back at Niki Lauda on Saturday after the Austrian Formula One great suggested the driver had told him he wanted to stay at McLaren next year and any uncertainty was about money.
This must be the most bizarre challenge that is currently trending over on social media and making people go crazy.
Rediff reader Heera Nawaz from Bengaluru offers practical advice to stay safe.
You see the Thar is not just a Car.... It is The Thar.
Buttler praised leg-spinner Adil Rashid (2/13) and Liam Livinstone (1/24) for their efforts with the ball.
'We think he is a deserving captain and we will see how he fits into the role.'
Briton Jenson Button shouldered the blame for a Canadian Grand Prix crash that prevented BAR scoring their first points of the Formula One season.
BAR have called the 24-year-old to a face-to-face meeting with the team by Monday evening or he will face a legal fight over his move.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Red Bull are concerned about their constructors' title defence being weakened at a time when McLaren are emerging as a threat
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