News for 'repayment'

Bangladesh's Rana chases rhythm over pace

Bangladesh's Rana chases rhythm over pace

Rediff.com20 Feb 2025

'The team expected me to bowl fast and used me as an attacking option. I tried to repay the faith by sticking to my strengths and staying humble.'

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Rediff.com9 Nov 2023

Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines near. The company owned by billionaire Anil Agarwal plans to do this by a combination of instruments, including issuing preference shares in the holding company to a slew of offshore investors from West Asia, and taking on another loan to refinance older debt at a higher interest rate. VRL, which is the group's holding company, is also looking to sell part of its 63.71 per cent stake in the Indian listed subsidiary Vedanta Ltd to meet funding requirements, said a banker close to the development.

'Angels sent by God': Pahalgam survivors praise locals

'Angels sent by God': Pahalgam survivors praise locals

Rediff.com26 Apr 2025

Despite the tragic terror attack in Pahalgam, Kashmir, locals demonstrated incredible bravery and compassion, risking their own lives to save tourists. Syed Adil Hussain Shah, a pony 'wallah', was killed while protecting tourists from the gunmen, while Nazakat Ahmed Shah rescued a family of 11, including three children. Tourist guide Sajad Ahmad Bhat also carried injured people to the hospital. The attack, which claimed the lives of 26 people, mostly tourists, highlighted the resilience and kindness of the Kashmiri people.

Your Tax Qs On HRA, PF, STCG Answered

Your Tax Qs On HRA, PF, STCG Answered

Rediff.com27 Mar 2025

rediffGURU Yogendra Arora answers readers' personal income tax queries.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

'In a way the India-Pakistan war is already on'

'In a way the India-Pakistan war is already on'

Rediff.com26 Apr 2025

'Pakistan cannot sustain a war with India for more than four days. They are in such dire straits. At best they can sustain war for one week.'

Meet LSG's new captain!

Meet LSG's new captain!

Rediff.com20 Jan 2025

Pant was picked at the mega auction for an IPL record Rs 27 crore by the franchise owner Sanjiv Goenka.

'Will My ITR Invite More Scrutiny?'

'Will My ITR Invite More Scrutiny?'

Rediff.com5 Mar 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Nitin Desai started delaying loan repayment from 2018 end: Edelweiss to HC

Nitin Desai started delaying loan repayment from 2018 end: Edelweiss to HC

Rediff.com18 Aug 2023

The petitioners had sought interim order of protection from any coercive action and for the probe to be stayed in the case pending the hearing of their pleas.

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

Lewis-Skelly scores on debut as England beat Albania

Lewis-Skelly scores on debut as England beat Albania

Rediff.com22 Mar 2025

England debutant Myles Lewis-Skelly got new coach Thomas Tuchel's reign up and running as the 18-year-old scored the first goal in a 2-0 home victory against Albania in their World Cup qualifying Group K opener on Friday.

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Rupee Slide: Tough Times For Overseas Corporate Debt

Rupee Slide: Tough Times For Overseas Corporate Debt

Rediff.com16 Jan 2025

Raising overseas debt has become prohibitively expensive due to the depreciating rupee.

FM warns of strict action if gold auction norms violated

FM warns of strict action if gold auction norms violated

Rediff.com10 Feb 2025

Finance Minister Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to pay the gold loan. During Question Hour in Lok Sabha, she said Non Banking Financial Companies (NBFCs) and Scheduled Commercial Banks (SCBs) are guided by similar rules.

Unpaid Rs 15 crore loan led to Kolkata triple murder

Unpaid Rs 15 crore loan led to Kolkata triple murder

Rediff.com5 Mar 2025

Kolkata Police detectives on Wednesday visited the house, where three female members of a family were killed last month, and reconstructed the crime scene with an accused -- the husband of one of the deceased.

Don't invoke suicide abetment charge mechanically: SC

Don't invoke suicide abetment charge mechanically: SC

Rediff.com17 Jan 2025

The Supreme Court of India has ruled that the offence of abetment of suicide should not be invoked mechanically against individuals, emphasizing that the provision should not be used to soothe the feelings of grieving families. The court stressed that the conduct of the accused and the deceased, their interactions, and conversations preceding the death should be examined practically and not divorced from real-life contexts. The judgment came after a plea challenging an order of the Madhya Pradesh High Court that refused to discharge a man from charges under Section 306 of the Indian Penal Code (IPC) related to a suicide case. The Supreme Court emphasized that to prove abetment of suicide, there must be evidence of active instigation or acts facilitating the suicide. In this case, the court found that the appellant's actions, including seeking repayment of a loan, did not constitute instigation to suicide.

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

How Much Do Weddings Cost These Days?

How Much Do Weddings Cost These Days?

Rediff.com14 Dec 2024

Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.

Adani firm repays Rs 1,500 cr in comback strategy

Adani firm repays Rs 1,500 cr in comback strategy

Rediff.com20 Feb 2023

Adani group firm Adani Ports & SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research. Adani Ports and SEZ paid SBI Mutual Funds' due amount of Rs 1,500 crore on Monday and will also pay another Rs 1,000 crore of commercial papers due in March (as per the payment scheme), a company spokesperson said. "This part prepayment is from the existing cash balance and funds generated from the business operations," the spokesperson said.

'Sri Lanka's Relations With India At All-Time High'

'Sri Lanka's Relations With India At All-Time High'

Rediff.com9 Apr 2025

'Granting the country's highest civilian honour to Prime Minister Modi was surprising as it indicated the government was going out of its way to have India as a close partner.'

Tata Power, BoB ink pact for rooftop solar projects

Tata Power, BoB ink pact for rooftop solar projects

Rediff.com6 Feb 2025

Tata Power Renewable Energy Ltd (TPREL) has partnered with Bank of Baroda to offer financing for residential rooftop solar projects under the PM - Surya Ghar Muft Bijli Yojana. The partnership aims to make clean energy solutions accessible to households across India. Customers can avail loans up to Rs 6 lakh at an interest rate starting at 7 per cent per annum. The scheme offers flexible repayment tenures and requires a margin contribution of 10-20 per cent depending on the installation size.

Bhilwara's Shame: Parents Sell Off Girls To Repay Loan

Bhilwara's Shame: Parents Sell Off Girls To Repay Loan

Rediff.com2 Nov 2022

'These girls are sold to brothels because their parents are unable to repay their loans to money-lenders.'

'Women In Paatal Lok Rarely Cry'

'Women In Paatal Lok Rarely Cry'

Rediff.com26 Feb 2025

'No woman is stronger than one who acknowledges her vulnerabilities.'

Shreyas Iyer named Punjab Kings captain for IPL 2025

Shreyas Iyer named Punjab Kings captain for IPL 2025

Rediff.com12 Jan 2025

Shreyas Iyer, who captained Kolkata Knight Riders to the IPL 2024 title last year, was bought by Punjab Kings for a whopping Rs 26.75 crore at the players' auctions.

Don't Derail SIP Goals!

Don't Derail SIP Goals!

Rediff.com7 Mar 2025

Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.

'Post acquisition funding cost will come down'

'Post acquisition funding cost will come down'

Rediff.com29 Jan 2025

'Earlier, our cost of funds was higher than most in the peer group.'

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

Rediff.com28 Jan 2025

Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.

Man ends life as loan recovery agents circulate wife's morphed photo

Man ends life as loan recovery agents circulate wife's morphed photo

Rediff.com12 Dec 2024

A 21-year-old fisherman died by suicide after loan recovery agents allegedly circulated a morphed picture of his wife failing to repay a loan, said a police official on Wednesday.

Dubai is not our home ground: Rohit shrugs off advantage talk

Dubai is not our home ground: Rohit shrugs off advantage talk

Rediff.com3 Mar 2025

Rohit cited India's last Group A match against New Zealand here on Sunday to emphasize his point.

Budget: 25% I-T Slab, Higher Rebate Likely

Budget: 25% I-T Slab, Higher Rebate Likely

Rediff.com29 Jan 2025

'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.'

'Retirement Goal: Rs 2 Cr. Possible?

'Retirement Goal: Rs 2 Cr. Possible?

Rediff.com10 Jan 2025

Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.

The Harsh Reality For Wayanad Survivors

The Harsh Reality For Wayanad Survivors

Rediff.com27 Mar 2025

In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.

Consent for sex doesn't mean filming, sharing private moments: HC

Consent for sex doesn't mean filming, sharing private moments: HC

Rediff.com22 Jan 2025

The accused, in the present case, alleged it was a case of a "long friendly relationship" turning sour owing to the woman failing to repay a loan he gave her.

'Ambition to double the business within three years'

'Ambition to double the business within three years'

Rediff.com24 Feb 2025

'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'

'Tax Liability Can Be Reduced By 3L'

'Tax Liability Can Be Reduced By 3L'

Rediff.com21 Feb 2025

rediffGURU Vivek Lala answers your income tax and personal finance queries.

'How Do I Reduce My Tax Burden?'

'How Do I Reduce My Tax Burden?'

Rediff.com20 Feb 2025

rediffGURU Yogendra Arora answers readers' personal income tax queries.

Why a village near Lonavala remembers Jimmy Carter

Why a village near Lonavala remembers Jimmy Carter

Rediff.com30 Dec 2024

For 100 low-income families near Lonavala, around 80 km from Mumbai, Jimmy Carter was a godsend as he had helped build their houses in 2006.

Will weaker rupee push India's import bill?

Will weaker rupee push India's import bill?

Rediff.com17 Jan 2025

The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.