Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

Raigad police in Maharashtra on Friday registered a criminal case against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide.......

Taliban Will Be Around For A Long While

Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while, predicts Ambassador M K Bhadrakumar. IMAGE: Talibs on......

Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

Loan growth may drive further gains for LIC Housing

LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3......

'Housing finance Sector Will Only Grow'

'The demand for housing is always increasing, and so is housing shortage.' Illustration: Dominic Xavier/Rediff.com New Delhi-based PNB Housing Finance will restart its corporate business after......

RBI imposes biz restrictions on Edelweiss

The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. Photograph: Eieleien/Wikimedia......

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. Illustration: Dominic Xavier/Rediff.com During the......

Shami to likely return for Bangladesh Test series

IMAGE: Mohammed Shami missed the five match home Tests against England and the South Africa tour before that. Photograph: BCCI India's premier pacer Mohammed Shami, who is recuperating from an......