News for 'recovery agents'

Salman Rushdie stabbed at New York event, undergoes surgery

Salman Rushdie stabbed at New York event, undergoes surgery

Rediff.com13 Aug 2022

Salman Rushdie, the Mumbai-born author of the Booker Prize-winning novel Midnight's Children, was attacked by a man who stormed the stage during an event in New York on Friday while he was getting ready to deliver a lecture.

Indusind Bank says whistleblower claims baseless

Indusind Bank says whistleblower claims baseless

Rediff.com6 Nov 2021

Terming whistleblower allegations on loan evergreening as "grossly inaccurate and baseless", Indusind Bank on Saturday admitted to have disbursed 84,000 loans without customer consent in May owing to a "technical glitch". Lending without the consent was reported by the field staff in two days, and the glitch was also rectified expeditiously, the private sector lender said in a clarification. On Friday, there was a media report about anonymous whistleblowers writing to the bank management and the RBI about BFIL, the microlending-focused subsidiary of the bank, allegedly resorting to evergreening of loans, wherein existing borrowers unable to pay dues were given new loans to present the books as clean.

As shares tumble, Adani denies 3 fund accounts were frozen by NSDL

As shares tumble, Adani denies 3 fund accounts were frozen by NSDL

Rediff.com14 Jun 2021

Shares of Adani group companies witnessed a massive drubbing in morning trade on Monday, tumbling up to 25 per cent, amid reports that the National Securities Depository Ltd (NSDL) has frozen certain FPIs accounts that have holding in some of these firms.

'LIC's investment decisions won't change'

'LIC's investment decisions won't change'

Rediff.com19 Jul 2022

'We try to pick up stocks early and hold onto them for the long term.' 'We are not someone who buys and sells on a daily basis.'

Poster Boys review: Low-IQ comedy

Poster Boys review: Low-IQ comedy

Rediff.com8 Sep 2017

Shreyas Talpade's film, co-starring the Deol brothers, never adds up to anything beyond a shrill or overdone caricature straight out of a dummy's guide in how to amuse, says Sukanya Verma.

'There was Plan A. There was Plan B. There was Plan C... and then there was Rishabh's Plan'

'There was Plan A. There was Plan B. There was Plan C... and then there was Rishabh's Plan'

Rediff.com28 Jun 2022

Bandon Mein Tha Dum is about a team that hits rock-bottom, loses key players, has its global reputation shrink overnight, but despite all the setbacks, pulls off one of the greatest comeback victories in the history of international cricket, applauds Shailesh Karkera.

Ballots cast to elect India's new President amid cross-voting

Ballots cast to elect India's new President amid cross-voting

Rediff.com19 Jul 2022

Parliamentarians and legislators across the country voted on Monday to elect India's 15th president, choosing between opposition pick Yashwant Sinha and National Democratic Alliance nominee Droupadi Murmu who is favoured to win the battle to the Rashtrapati Bhavan.

India's Employment Challenge

India's Employment Challenge

Rediff.com13 Jan 2022

Eighteen months after the economy was battered by the Covid-induced lockdown, employment has not recovered to its pre-pandemic levels, points out Mahesh Vyas.

Victory for Indian banks, UK court orders seizure of Mallya's UK assets

Victory for Indian banks, UK court orders seizure of Mallya's UK assets

Rediff.com5 Jul 2018

The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.

Economy gaining traction with pick-up in manufacturing activity: RBI

Economy gaining traction with pick-up in manufacturing activity: RBI

Rediff.com17 Aug 2021

The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.

India may have LOST 10-12% of GDP growth FOREVER

India may have LOST 10-12% of GDP growth FOREVER

Rediff.com28 May 2021

India's likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, warns Shankar Acharya, former chief economic advisor to the Government of India.

UK expels 23 Russian diplomats; suspends high-level contacts with Moscow

UK expels 23 Russian diplomats; suspends high-level contacts with Moscow

Rediff.com14 Mar 2018

Former Russian spy Sergei Skripal, 66, and his daughter Yulia, 33, were found collapsed after being poisoned last week. Both remain in a serious condition along with a police officer who came in contact with the same substance.

Tata Sons now has majority stake in AirAsia

Tata Sons now has majority stake in AirAsia

Rediff.com29 Dec 2020

Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."

Tennis round-up: Federer to miss this month's Miami Open

Tennis round-up: Federer to miss this month's Miami Open

Rediff.com2 Mar 2021

But after those events, Federer will take a training break, the paper reported.

Rapid decline in number of people falling sick to mysterious disease

Rapid decline in number of people falling sick to mysterious disease

Rediff.com9 Dec 2020

In their preliminary findings presented to the Andhra Pradesh government, the experts noted that it was a point source epidemic and a likely case of acute intoxication of toxins, but not chronic.

FIR against Ajit Pawar in Maharashtra Bank scam

FIR against Ajit Pawar in Maharashtra Bank scam

Rediff.com26 Aug 2019

The accused were allegedly complicit in causing losses to the tune of Rs 1,000 crore to MSCB between 2007 and 2011.

Sebi will soon be selling 47 luxury cars, SUVs. Interested in buying?

Sebi will soon be selling 47 luxury cars, SUVs. Interested in buying?

Rediff.com16 Aug 2016

The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest

'Michael Schumacher cannot walk'

'Michael Schumacher cannot walk'

Rediff.com19 Sep 2016

In what may come as heartbreaking news to his millions of fans world over, Michael Schumacher's lawyer Felix Damm has said in a court hearing that the former F1 champion 'cannot walk' following his 2013 skiing accident in France.

How to DEFEAT the NEXT Pandemic

How to DEFEAT the NEXT Pandemic

Rediff.com3 Nov 2021

Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.

'Bleeding Heart was to replace Hurriyat in Kashmir'

'Bleeding Heart was to replace Hurriyat in Kashmir'

Rediff.com16 Sep 2020

Pak had realised in 2018 that Hurriyat Conference, the separatist conglomerate created by Inter-Services Intelligence, won't be able to deliver any more

CBI arrests I-T commissioner, top Essar executive for bribery

CBI arrests I-T commissioner, top Essar executive for bribery

Rediff.com4 May 2017

Official is accused of taking a bribe of Rs 2 cr to issue order in an appeal favouring Balaji Trust

File case on ICICI, AP cops told

File case on ICICI, AP cops told

Rediff.com26 Jun 2007

Debt recovery firms are under the scanner.

Don't leap at that one-time loan settlement

Don't leap at that one-time loan settlement

Rediff.com25 Sep 2015

Because a settled account will do more damage to your credit history than you can imagine.

US recovers stolen TN idol worth $1 million

US recovers stolen TN idol worth $1 million

Rediff.com2 Jul 2015

The two-and-a-half-foot idol was looted from the Sivan Temple in Tamil Nadu's Sripuranthan village.

NIA files chargesheet against former J-K DSP

NIA files chargesheet against former J-K DSP

Rediff.com7 Jul 2020

The 3,064-page chargesheet, filed in a Jammu court under the Unlawful Activities (Prevention) Act and various sections of the Indian Penal Code, names self-styled commander of the Hizbul Mujahideen terror group Syed Naveed Mushtaq alias Naveed Babu and his alleged network of aides.

Sharad, Ajit Pawar booked in Rs 25,000 cr bank scam

Sharad, Ajit Pawar booked in Rs 25,000 cr bank scam

Rediff.com24 Sep 2019

The ED slapped criminal charges of money laundering on the basis of the Mumbai Police FIR that was filed in August this year, which itself was filed on the basis of a similar complaint by the state economic offences wing.

10 super foods to boost your immunity

10 super foods to boost your immunity

Rediff.com25 Sep 2020

Nutritionist Dr Siddhant Bhargava explains the importance of essential nutrients, probiotic food and vitamin C in your daily diet.

'Rating agencies are like Bollywood'

'Rating agencies are like Bollywood'

Rediff.com11 Feb 2021

'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.

Kerala beckons tourists: We're open!

Kerala beckons tourists: We're open!

Rediff.com4 Oct 2018

Kerala Tourism has drawn up God's Own Country 2.0 and the department is going all out to repair the state's image and infrastructure. Apart from being a damage control exercise, it is also an opportunity to reimagine the state as a tourism brand.

Pogba to return for Arsenal trip; Liverpool won't be complacent

Pogba to return for Arsenal trip; Liverpool won't be complacent

Rediff.com31 Dec 2019

News of all that's transpired on and off the football field.

Collusive corruption a formidable challenge: CBI director

Collusive corruption a formidable challenge: CBI director

Rediff.com10 Feb 2014

Central Bureau of Investigation Director Ranjit Sinha on Monday said "collusive corruption" in which there is a willing bribe-giver is emerging as a "formidable" challenge for institutions fighting corruption.

Mission Impossible Fallout review: ACTION FEST!

Mission Impossible Fallout review: ACTION FEST!

Rediff.com27 Jul 2018

Breathless action is the only script 56-year-old Tom Cruise needs to work on as he jumps off from building to building with an agility and assurance that could put Spider-Man to shame.

Former F1 champion Schumacher leaves hospital for home

Former F1 champion Schumacher leaves hospital for home

Rediff.com9 Sep 2014

Michael Schumacher left hospital to continue his recovery at home but the former Formula One champion faces "a long and difficult road ahead" after his skiing accident last year, a statement said on Tuesday.

Housing finance sector braces for a wild ride

Housing finance sector braces for a wild ride

Rediff.com17 Nov 2016

Every housing finance company, and every bank with a large housing finance exposure, will see loss of volumes in this quarter.

Demonetisation chill on flight bookings, airlines fight back with cheap fares

Demonetisation chill on flight bookings, airlines fight back with cheap fares

Rediff.com22 Nov 2016

To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.

'The problem is that people in our country get used to bad news'

'The problem is that people in our country get used to bad news'

Rediff.com3 Oct 2017

Kadvi Hawa has some very bad news for us all.

Soccer: Spalletti named Napoli coach as Gattuso's successor

Soccer: Spalletti named Napoli coach as Gattuso's successor

Rediff.com29 May 2021

Juventus rehire Allegri.

Sports Shorts: Five-time Olympic champion Franklin retires at 23

Sports Shorts: Five-time Olympic champion Franklin retires at 23

Rediff.com20 Dec 2018

Summary of sports events and persons who made news on Thursday

How we can DEFEAT Covid in 6 months!

How we can DEFEAT Covid in 6 months!

Rediff.com30 Mar 2021

'If we wear a mask, social distance and vaccinate as many people, we may come out of this pandemic in 6 months' time.' 'If we decide to be disciplined, we can get out of this pandemic in the next 6 months.' 'If not, it is any body's guess.'