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Sheena Bora Trial: A Tale of Two Witnesses

Shyamvar Pinturam Rai and Pradeep Waghmare.Both erstwhile employees of Peter and Indrani Mukerjea.In the witness stand on Monday, Waghmare came across as a cheerful, straightforward man who is......

Sheena Bora Trial: The plot gets curiouser and curiouser...

Why had the CBI decided to have Waghmare tell the court the tale surrounding this odd trip to Kolkata made for even odder reasons, close to a year-and-a-half after Sheena's murder?To show the kind......

Opposition blames Centre for Parliament logjam

A group of opposition parties on Tuesday said the government was not keen on ensuring smooth functioning of Parliament and had not made any efforts to end the ongoing impasse, with the Congress......

House proceedings washed out for 7th day, Finance Bill not taken up

IMAGE: TDP leaders wear a mask of Sardar Vallabhbhai Patel during a protest demanding a special status for Andhra Pradesh at Parliament House in New Delhi on Tuesday. Photograph: Atul......

PNB scam washes out Parliament for second day

Nirav Modi fleeing the country, special package for Andhra Pradesh and demands for constitution of the Cauvery Water Management Board were the issues stalling Parliament.......

Carlyle Group to acquire controlling stake in PNB Housing Finance

Aditya Puri, former managing director of HDFC Bank, will also infuse capital into PNB Housing Finance through family investment firm Salisbury Investments. Private equity firm Carlyle Group and......

How IL&FS crisis has impacted non-banking finance companies

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......

PNB ready to disburse Rs 16,000 crore in loans

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.' Illustration: Dominic Xavier/Rediff.com   Punjab National Bank is confident that its balance sheet......

Why MF stocks may see significant changes

The mid-cap universe - comprising firms that rank 101-250 in terms of m-cap - could see as many as 17 new stocks move out. Similarly, over half a dozen stocks could exit the large-cap universe,......

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