The Wadhawan brothers are accused in the YES Bank-DHFL fraud cases. The DHFL (Dewan Housing Finance Limited) group has a loan amount of about Rs 3,700 crore taken from Yes Bank that is under "stress".

The credit card company, promoted by the country's largest lender SBI, said the borrowings at the end of the previous fiscal were provisional and subject to audit.

The tenor of Sidbi’s lending to financial institutions will be 90 days. MSMEs have been cash-starved for a few years and the lockdown to control the spread of Covid-19 is a body blow to their revenues.

The remaining Rs 4,500 crore will be raised by way of additional Tier-1 and Tier-2 capital instruments with an inter-changeability option, the bank said in the release.

In a response to an RTI filed by Saket Gokhale, the central bank declined to offer names of wilful defaulters as on February 16, 2020, stating that this data is not available.

Warburg Pincus affiliate Dayside Investment Ltd and insurance firms ICICI Prudential Life Insurance Company, HDFC Life Insurance, and Bajaj Allianz Life Insurance will infuse capital in the lender.

The RBI, in a press release, said 'financial position of the bank is highly adverse and unsustainable'.

AU Small Finance Bank (SFB) reported an increase of 3.5% year-on-year in PAT to Rs 120 crore (our estimate: Rs 180 crore), affected by higher provisions of Rs 150 crore.

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.

Kapoor, former MD and CEO of Yes Bank, was arrested by the ED on March 8 under the Prevention of Money Laundering Act (PMLA). He is accused of sanctioning loans to certain firms against kickbacks.

This will lead to the share of retail and small business loans to grow to a level of 60 per cent in the next two years from the current 44 per cent, he said.

Analysts say that some of these accounts availing moratorium could very well have turned defaulters in the ordinary course of business, but the moratorium delays recognition by a few months.

On the COVID-19 pandemic, SBI Card said globally, countries and businesses are under lockdown and there is a high level of uncertainty about the duration of the lockdown and the time required for things to get normal. 

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...

Indian luxury train, The Maharaja’s Express, is making quite an impression in the US as owner and operator IRCTC is hosting multiple events promoting the Maharaja Express in Las Vegas, Los Angeles (November 26) and San Francisco (November 30). The train has been bestowed with several honors...

One of the premier luxury trains in India, the Deccan Odyssey, has announced revised departure dates for the remaining of the season. This luxury train will run for 4 more times before completing its 2012-13 season in April 2013. Dubbed India’s Blue Train, the Deccan Odyssey offer weeklong...

Did you know that India's has its very own fleet of trains similar to the legendary Orient Exprees of the West. There’s one more reason why you should book Deccan Odyssey for luxury train tour package with IndianLuxuryTrains.Com As the luxury train season draws to its conclusion by...

Some schools of thought suggest that the eruption pushed Earth into volcanic winter that lasted as long as six years and the planet Earth had to endure a longish cooling period of a thousand years.

As the date of launch nears, Indian Space Research Organisation (ISRO) in a tweet has revealed what it’s geo Imaging Satellite, GISAT-1 can do

Curiosity's project scientist at NASA's Jet Propulsion Laboratory Ashwin Vasavada said that it is the first time that NASA has dedicated its operations to capture a 360-degree panorama.

Ever since Dragon became the first private spacecraft to visit the ISS in 2012, it had spent 520 days at the International Space Station

The advantage of Economic Decarbonisation is that it intertwines with the modernization of all industries. Excessive dependence on fossil fuels does more damage than good, it may guarantee temporary energy security but the side-effects are way too disastrous to continue using this as ‘energy- steroids’.

Saturation of Pilibhit Tiger Reserve with an increasing population of tigers has resulted in man-animal conflicts in the area.

The scientists noted that the loss of such key stone species may lead to a rapid and dramatic change in the landscape within our lifetime.

The weatherman has predicted a cloudy afternoon with possibility of thunderstorm and gusty winds accompanied by light rains in parts of Delhi.

According to the Central Pollution Control Board (CPCB) data, the city's overall air quality index at 9 am stood at 112, which falls in the 'moderate' category.

Efforts of all the countries to stop the damage to the Ozone layer seem to be paying off as the damage to the Ozone layer above Antarctica has recovered.

The Wuhan shutdown delayed the arrival of the virus in other cities, their model showed, giving them time to prepare by banning public gatherings and closing entertainment venues, among other measures.

The International Space Station which came into existence in 1998 has been in space for more than 15 years and orbits our planet sixteen times in a day.

Geo-microbiologist Yohey Suzuki says clay minerals can be considered 'magic material on Earth' one can always find microbes living in them.

Despite its proximity to the epicentre of the novel coronavirus pandemic, the company staff worked hard to ensure the success of the mission, state-run Xinhua news agency reported.

An official at the West Bengal Pollution Control Board (WBPCB) said air quality index (AQI) hovered between 100 and 150 (particulate matter 2.5) in Kolkata -- a spike from 'satisfactory' to 'moderate' level, amid the lockdown.

NASA astronaut Chris Cassidy along with two Russian cosmonauts Anatoly Ivanishin and Ivan Vagner reached the International Space Station (ISS) for a six-month-long mission named Expedition 63.

The department has also released the expected date when the monsoon will hit some important cities and areas of the country in terms of monsoon onset and withdrawal.

For any administration, it is extremely important to remain prepared for various possible eventualities and the likelihood of any country requiring to witness two natural disasters together, just cannot be ruled out.

The less distance from Kepler 1649 c's host red-dwarf star, scientists believe, puts the exoplanet in the habitable zone where liquid water could exist on the world's surface.

In its report, the CPCB said, "Significant reduction in PM2.5, PM10 and NO2 levels observed. Overall, 46 per cent reduction in PM2.5 and 50 per cent reduction in PM10 concentration observed during the lockdown period."

As part of its large-scale broadband internet connectivity project Starlink, the company has positioned many large satellites in the lower orbits of the Earth.

Fusarium wilt with tropical race 4 (TR4) strain is a soil-borne fungal disease that affects mainly cavendish varieties of banana.

CALT head Wang Xiaojun said the new rocket, a version of China's largest carrier rocket, the Long March-5, would further expand China's aerospace activities. The Long March-5B is about 53.7 meters long, with a core stage 5 meters in diameter and four boosters 3.35 meters in diameter.

The spacecraft entered the return orbit at 12:21 pm after which its return capsule separated with its service capsule at 1:33 pm.

In the year 2002 my father was trapped by ACB in demand of bribe case in our house. The grievance of the complainant was – “AO (my father) is demanding rupees 5,000 for signing on the coupons”. My father has the authority to sign on the coupons. The complainant requested my father to sign on extra coupons for which my father rejected and keeping this in mind complainant lodged a complaint to take revenge. Coupons will be in the possession of the complainant. At present we have appealed in the high court of Telangana. We have gone through our case file and we are in a position to prove that on the date of trap the complainant failed to bring along with him the coupons, on which my father has to sign, to our house to obtain my father’s signatures. Even DSP ACB has not bothered to ask or to produce the coupons on the trap day. In our opinion, the coupons are very important on the trap date and in our case because the complaint itself is all about “signing on the COUPONS” and how my father will sign on the coupons if he has not carried the coupons with him. No ACB official asked complainant whether he is carrying coupons along with him or not to AO’s house and to cover this mistake they have manipulated the pre and post trap proceedings. The question is – How we can use this fraud (not carrying coupons itself) to our defence in the court? To what extent this will be helpful to get acquittal? Is this enough to get acquittal? Are there any relevant case laws which we can refer in the court?

My father had bought land in Pune in 1987 and 7-12 of the land has Ku.Ka. 84 Kas Patra remark on it. In 2017, we sold same land to other person. Now he is asking for our Agriculturist Certificate to transfer 7-12 on his name but we do not have any agriculturist certificate as nobody from our has any farmland. Can i get Agriculturist Certificate if my wife has agriculture land on her name. Please advice. Thank you.

Five Lebanese filmmakers contribute work to 'Living In Times Of Coronavirus,' a series of miniatures on life during Lebanon’s perfect storm of crises

Jordan’s culture ministry launched the 'My talent from my home' contest in late March, and says it has since attracted more than 67,000 participants and 18 million social network views

The secret to  success is focusing your energy, not in fighting the old, but building the new! 

Today, we are in the era of transitional change and  revolution in the legal field.

Chief Justice Bhosale of Telangana & AP High Court in a recent dialogue quoted that the "Indian judiciary is going to crumble under its own weight".

This is owed to the inefficiency of the process and the large population, which makes the  future of judicial dispute resolution hazy!

A survey of 1000 largest corporates of the US showed that 79% of them used  ADR for dispute resolution which shows the new global shift in the legal arena. 

Now, being a new field, it is loaded with question marks at every step. For efficiently building and growing with the 'new' what we need as young lawyers is  guidance. 

And so, LAWyersClubIndia in collaboration with Gaurav Goyal, MCIArb has requested Mr. RATAN K SINGH FCIArb for a webinar on  Career in  Arbitration'. 

Mr. Singh is a pioneer in the field of arbitration practice and has decades of experience, having argued many cases, chaired numerous matters as an  arbitrator and lectured students and  lawyers all over the world. 

Excited?
Join us for this magnificent hour at 4 on the 22nd.

Tag the aspiring Arbitrators and Practitioners in your network!

Meeting Link:
https://zoom.us/meeting/register/tJwodOGrrT8pGNBoG9sWMQIWjIUSc6fvxCgA  

Jean-Christophe, an international mediator, Executive Director of WAPPP and owner of Hase Solutions, leads a team of more than 150 mediators. He has bested the art of mediation and has resolved innumerable commercial cases through effective mediation. He will be addressing how one should go about becoming a successful mediator and how is mediation as a career! 

• Date and Timing: 25th April at 4 PM
• Meeting Link: Click Here

Former Attorney General Advocate Mukul Rohatgi has contributed his share towards helping the Delhi government to enable the conducting of Coronavirus tests at a faster pace.Mr. Rohatgi contacted Shri Satyendar Jain, Minister of Health, Delhi to findo

As directed by the Hon’ble Chairman, Central Administrative Tribunal, New Delhi, the following Notification is issued:The functioning of the Principal Bench of the Central Administrative Tribunal and its other Benches across the Country was sus