"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.
The first World Cup in the Middle East has been anything but insulated from the troubles of the volatile region, set against a backdrop of anti-government protests in Iran and an upsurge in Israeli-Palestinian violence.
Pro-Palestinian sympathies among fans have also spilt into stadiums as four Arab teams compete
According to Fitch, the scheme could open a window for banks to build capital buffers while putting off full recognition of COVID-19 pandemic's impact on loan portfolios, but is reminiscent of a strategy adopted over 2010-2016 that delayed and exacerbated problems for banks.
According to a senior police official, Amritpal and his aide Papalpreet Singh had allegedly stayed at the residence of Balbir Kaur in Patiala's Hargobind Nagar on March 19.
A division bench of Justices Gautam Patel and Neela Gokhale sought to know what constitutes a government business under the amended rules as it referred to the recent political developments in Maharashtra where "one party is moving to the other".
Madhya Pradesh Home Minister Narottam Mishra on Saturday said while two suspects have been detained, three others are identified and a team of police has gone to Haryana.
The unusual timing of the session has left everyone wondering, even though the main standout feature on the listed agenda is a special discussion on Parliament's journey of 75 years starting from the "Samvidhan Sabha" (Constituent Assembly).
The letter, which has surfaced on social media, alleges that station officer Vinay Tiwari had got a serious charge against Dubey dropped. Police suspect that Vinay Tiwari may have tipped-off Dubey that a police team was on its way to arrest him.
Shivamogga superintendent of police BM Lakshmi Prasad said the arrested persons were working towards fulfilling these ideologies in the country.
Amid a spike in pollution levels in Delhi-NCR, the Supreme Court on Tuesday directed Punjab, Haryana, Uttar Pradesh and Rajasthan to ensure crop residue burning was stopped "forthwith", saying it cannot let "people die" due to pollution.
Sikh Federation UK, which has styled itself as one of the largest Sikh organisations based in the UK, said Avtar Singh was terminally ill with blood cancer. He was on a life support system for the last few days.
The Army and Assam Rifles were requisitioned in the night, and along with the state police, the forces arrested the violence by the morning, the spokesperson said.
The Centre on Wednesday told the Bombay high court it was extending till July 10 its earlier statement that it won't notify its fact-checking unit to identify fake news against the government on social media, even as two new petitions were filed challenging the recently amended IT Rules.
The Bombay high Court on Tuesday said the recently amended Information Technology (IT) Rules against fake news on social media give "unfettered power" to a government authority in the absence of "guidelines and guardrails".
A court in Hyderabad on Wednesday acquitted All India Majlis-e-Ittehadul-Muslimeen legislator Akbaruddin Owaisi in the "hate speech" cases filed against him a decade ago.
The quantum of punishment will be pronounced by the special NIA court on Monday, a spokesperson of the federal agency said.
Sisodia went to his party office in the morning from where he proceeded to Rajghat. A large number of his supporters gathered outside his residence ahead of his questioning.
While 39 members of the all-important panel are general members, it has 32 permanent invitees, including some in-charges of state and 13 special invitees.
Police insisted that there was no clash with the protesters and that the cops at the site were facilitating the protesters and ensuring a peaceful gathering.
The Bombay high court on Thursday said that no matter how laudable or high the motives are while framing rules, if the effect of a rule or law is unconstitutional then it has to go.
A sessions court in Gujarat's Mehsana district on Wednesday set aside a lower court order sentencing Congress MLA Jignesh Mevani and nine others to three months in jail in a 2017 case of taking out a public rally without police permission, noting debates and bona fide criticism of government actions are essential for the existence of democracy.
According to the Central Bureau of Investigation, Gutte is one of the directors of Gangakhed Sugar and Energy Limited.
A four-member team of the Delhi Police on Thursday reached AltNews co-founder Mohammed Zubair's residence in Bengaluru as part of the investigation related to his 2018 tweet that led to his arrest, police said.
The Gujarat police arrested filmmaker Avinash Das on Wednesday in a case related to sharing on Twitter a photo of Union Home Minister Amit Shah with arrested IAS officer Pooja Singhal, an official said.
The BJP has nothing to lose after a point. For the DMK it is a difficult choice, as it would not want to give too much of space to a 'national party' lest the 'Dravidian duel' of the past decades should be lost forever, observes N Sathiya Moorthy.
The government wants a collaborative model with a public-private partnership to fact-check social media content.
Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.
It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.
After the protest, Naidu climbed onto his vehicle and addressed the public, slamming Chief Minister Jagan Mohan Reddy for bringing in a government order prohibiting roadshows.
The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.
It offers a real opportunity for the flag carrier to compete on the world stage, backed by a leading conglomerate with deep pockets like the Tatas, observes Indrajit Gupta.
The PM is seen as slipping up in confidence levels as aired by his 'exposure' of the BRS on a crucial issue as alliance negotiations, which is not done under normal circumstances, observes N Sathiya Moorthy.
The anonymous Twitter handle, a complaint from which led to Alt News co-founder Mohammed Zubair's arrest, does not exist on the microblogging website anymore.
Farmers had waved black flags at the chief minister's convoy while it was crossing Agrasen Chowk. They also raised slogans against the government.
Several workers of the Bharatiya Janata Party (BJP) barged into the Congress's Pune city headquarters on Friday and attempted to blacken the photographs of party leader Rahul Gandhi to protest against his remarks on late Hindutva ideologue V D Savarkar, police said.
By changing the nation's name from India to Bharat, would this landmass overnight lose the emotional and cultural linkage that had been built over generations, centuries and millennia, asks N Sathiya Moorthy.
The party claimed 16 lakh votes were polled in the last one hour of polling on December 5.
Section 144 of the Criminal Procedure Code has been imposed in sensitive areas in the districts of Udupi and Dakshina Kannada, and Bengaluru.
Stalin is preparing the DMK to go the whole hog in making 'federalism', 'Tamil self-respect' and 'communal cohesiveness' the party's poll plank next year, and package the BJP and its possible allies, as 'divisive' and 'reactionary', predicts N Sathiya Moorthy.
