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Dr Singh unveils Nehru bust in Singapore

As a 1000-strong Indian community applauded, Prime Minister Dr Manmohan Singh on a rain-filled Sunday evening unveiled a bust of and marker on India's first prime minister Jawaharlal Nehru in......

RBI bans DHFL from taking deposits under Piramal's management

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......

Sale of affordable homes improving; signalling recovery in real estate sector: Survey

The COVID-19 pandemic affected the residential property market during the April-June period last year but sales have improved in affordable homes segment since July onwards, reflecting economic......

DHFL resolution: Lenders back Piramal's bid

Piramal Enterprises' bid for debt-ridden DHFL received the most votes from lenders at the close of the voting process on Friday, sources said. Piramal Enterprises' bid received 94 per cent votes......

Oaktree emerges highest bidder for debt-ridden DHFL

US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The......

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.......
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