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Thanks to Marans, the 'Sun' rises in Hyderabad

For those who have been observing the phenomenal growth of Sun TV in the last decade and more, its acquisition of the Indian Premiere League franchisefor Hyderabad will come as no surprise, says S......

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......

LIC's exposure to default debt instruments tops Rs 20,000 crore

The exposure, which is for the period ended September 2019, is across various platforms such as life funds, pension funds, and unit-linked funds. Life Insurance Corporation (LIC) has an exposure......

PSU banks lost Rs 227 bn to frauds in 5 years

Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.  Illustration: Dominic Xavier/Rediff.com. Public sector banks lost a total of Rs 227.43 billion......

'You can't fault this government for what it's done...'

'… You may fault it for what it's not done.' Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the......

Bad loans of state banks = defence + education + roads + health spends

The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth If the unpaid loans made by India’s public-sector banks were......

BCCI wins case against former IPL team Deccan Chargers

IMAGE: Deccan Chargers had also won the 2009 edition of the IPL, under the captaincy of Adam Gilchrist. Photograph: Rediff/Files In what comes as a major boost for the Board of Control for Cricket......

BCCI told to pay Rs 4,800 cr to Deccan Chargers

BCCI is likely to challenge the arbitrator's order before the Bombay High Court. IMAGE: Led by Adam Gilchrist, Deccan Chargers won the IPL title in South Africa in 2009. Photograph: BCCI A Bombay......

Controversies make IPL's stock soar

Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion! IMAGE: Chennai Super Kings......

BCCI is gifting IPL team to Srinivasan's friends: Modi

Former IPL chairman Lalit Modi fired a fresh salvo at BCCI president N Srinivasan, alleging that he is trying to "gift" the Hyderabad franchise to his "friends". "So finally Sun TV has got an IPL......

Hyderabad's new owners offered all Deccan Chargers players

Sun TV network, the new owners of the Hyderabad IPL franchise, have been offered all the current players of the now-terminated Deccan Chargers, an official said on Thursday. "They have been offered......

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