The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
There appears to be a surprising reaction from the Supreme Court on the actions, activities and decisions of the Narendra Modi government.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
Taking advantage of the absence of Nestl's Maggi noodles, Patanjali launched its own atta noodles last month.
European champions Spain staved off a battling Mali to emerge 3-1 winners in a rip-roaring, action-packed semi-final contest to enter the summit clash of the FIFA U-17 World Cup at the D Y Patil Stadium, in Mumbai, on Wednesday.
The rift between Samajwadi Party strongman Mulayam Singh Yadav and 'obedient' Akhilesh grew even wider with the father openly backing his son's foes in the party
Opposing the verdict, several Dalit organisations called for a 'Bharat bandh' on Monday.
While the widespread feeling is that employment growth has been sluggish, some argue that, since sabka vikas slogan will most probably not deliver, Mr Modi and the BJP are going in for an unambiguous strategy of Hindu consolidation, says Subir Roy.
'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.
The 28-year-old Serb's initial slow accumulation of major silverware after his breakthrough at the 2008 Australian Open has accelerated to such an extent that talk of him surpassing the likes of Bjorn Borg, Rafael Nadal and even Roger Federer is no longer fanciful.
The Supreme Court on Wednesday put a poser as to why there was no objection from lawmakers on the government's decision to make Aadhaar mandatory for making PAN cards, a move which was given effect by the latest budget from July 1.
Can welfare schemes truly transform from being flagship to flag-bearers for a government that is looking to get a second term in 2019?
Nexon is the first sub-4 metre sports utility vehicle from Tata Motors' stable and is expected to give a tough competition to the likes of Maruti's Vitara Brezza and Ford's EcoSport.
Michael Clarke's fitness for the Test series against India fading fast.
Images from matches played on Day 7 at the Australian Open in Melbourne Park on Sunday
It is a virtual war that has been launched along the Line of Control by Pakistan -- and to add to the misery of constant ceasefire violations is the pumping in of fake currency which in the past six months has been valued at Rs 27 crore.
It will be his fifth birthday in jail as an undertrial. He was arrested two days before his birthday in 2015. Tuesday also marked Peter's fourth year in jail.
Yadav has hinted that he may float a new political outfit along with fellow rebel Prashant Bhushan
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
'The strategy has to be restoring order in one part and countering the very effective propaganda through a very nimble monitoring and response system,' says Lieutenant General Syed Ata Hasnain, who retired as the General Officer Commanding of the Srinagar-based 15 Corps.
Manchester United's fourth place in last season's Premier League was regarded as a qualified success but more importantly the launch pad to return the club to former glory.
'In India foreign policy is generally handled by the prime minister.' 'One can clearly see the Vajpayee stamp on all this.' 'Only a person with poetic imagination can weave such a complex web,' says Colonel Anil A Athale (retd).
Willian and Lionel Messi scored as Chelsea and Barcelona finished 1-1 after an absorbing first leg of their Champions League last 16 tie on Tuesday, while Bayern Munich, helped by two typical Thomas Mueller goals and two from Robert Lewandowski, romped to a 5-0 home win over Besiktas.
Despite the hype over the possible candidature of All India Congress Committee General Secretary Digvijaya Singh for the Varanasi Lok Sabha seat, the Congress has narrowed down its choice to local legislator Ajay Rai and former party MP Rajesh Mishra, with the former emerging as a front runner.
Virat Kohli and Rohit Sharma slammed centuries as a dominant India humiliated Sri Lanka by a record 168-run margin in the fourth One-Day International in Colombo, on Thursday.
'Chief Minister Mehbooba Mufti acted single-mindedly right from day one of the three month-long crisis.' 'She pursued her chosen administrative course, unmindful of the menacing jingoistic drum beating in the coalition backyard.' 'At one point, I asked her if she was willing to pay the price for taking her line of action to its logical conclusion.' '"Yes," was her spontaneous response,' reveals Mohammad Sayeed Malik, the distinguished commentator on Kashmir.
'Kader Khan could be horribly intimidating, impossibly silly, achingly human and, sometimes, all at once.' 'I was drawn to his magic and magnetism even when I didn't know he was behind it,' recalls Sukanya Verma.
Roger Federer doubts he is playing his 'best ever' tennis but is convinced that at 33, he is playing smarter and taking better care of himself as he looks to win a fifth Australian Open title.
'There were assurances that Jaish-e-Mohammad was being reined in as was the Lashkar-e-Tayiba, but Pakistan's security forces could not risk opening too many dangerous new fronts,' notes former foreign secretary Ambassador Shyam Saran, who has just returned from a visit to Lahore.
The transformation of Congress Vice President Rahul Gandhi, once a naive politician, into the most elastic entities in Indian politics is complete.
This was not the first time that Steve Smith and the Australian team resorted to unfair measures in a Test match to gain advantage over their opponents.
The Analysis lists a number of steps taken by the government that have contributed to both positive short-term outcomes, such as lower food inflation, and the capacity for more equitable growth, through financial inclusion.
A summary of sports events and sports persons, who made news on Saturday.
Mufti's political graph shows his fondness for courting unpopular, politically hazardous ventures in pursuit of his ultimate objective to vindicate his leadership. Towards the end of his life, Mufti's public profile had come to assume the dimensions of statesmanship. One reason being his willingness to learn from his experience, says Mohammad Sayeed Malik.
'If India is already involved in helping the insurgents in Baluchistan and Karachi, as Pakistan says, it is but one step for New Delhi to bring Dawood or Hafiz Saeed into its sights,' says Amulya Ganguli.
Pakistani Foreign Office said they have come to the conclusion that the proposed NSA-level talks between the two countries would not serve any purpose, if conducted on the basis of the two conditions laid down by External Affairs Minister Sushma Swaraj.
All that is hot and all that is not about Samsung's latest phones.
The world seems to have caught severe pneumonia, or worse, as China had flu.
'Modi's brilliance seems to be in combining Indira Gandhi's 'feel' for the Indian pulse and Narasimha Rao's cynicism.' 'By the time the Opposition leaders caught up with Modi over the 'surgical strikes', he had already moved on,' says M K Bhadrakumar.
Fed seen holding rates steady as investor confidence shakes
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