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Raigad police quiz Edelweiss MD, officials for 8 hours

 ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an......

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.......

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......

India's boycott of OBOR an unusual display of spine

 The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from India's usual policy of going along with the crowd, observes Ajai Shukla.......

PSBs clocked 11% growth in H1FY25

 The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......

'Focus Is To Maintain The Casa Ratio'

 'It has remained around 38 per cent over the past four to five quarters.' Photograph: Kind courtesy Facebook UCO Bank is planning to raise up to Rs 2,000 crore through qualified institutional......

SC orders liquidation of Jet Airways' assets

 The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. Photograph: Francis Mascarenhas/Reuters A......

Sitharaman urges banks to boost deposits

 Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Photograph: Shrikant......

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......

Loan Default: Nitin Desai Lost Control Of Studio

 Photograph: Kind courtesy Nitin Chandrakant Desai/Instagram Noted art director Nitin Chandrakant Desai, who was found dead on Wednesday at his studio in Maharashtra's Raigad district, had......

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