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Bank of Baroda to raise Rs 13,500 crore additional capital

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.




ai

RBI extends curbs on Mumbai-based Co-operative bank for 6 months

The Reserve Bank in October 2018 had barred the bank from granting or renewing any loan for six months and later extended the curbs twice.




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Around 95% of MSMEs availed moratorium: Bank of Baroda

The RBI had earlier extended the deadline for one-time debt restructuring of MSMEs from March 31, 2020, to December 31, 2020.




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IDFC First Bank to raise Rs 2,000cr capital from promoter, Warburg Pincus, 3 others

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.




ai

NBFCs tapping NCD market to raise funds amid Covid crisis

The three year NCD issue of Indiabulls Housing Finance opened on April 29. Although, the base issue size was Rs 100 crore, but it had a greeshoe option of Rs 900 crore.




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China’s Bitcoin-like cryptocurrency enters race days after Facebook’s Libra fails to fly

China’s central bank has started testing its official Bitcoin-like digital currency DCEP, and the bank is now planning to roll out the virtual money payment system soon.




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Yes Bank case: ED files charge sheet against bank co-founder Rana Kapoor

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.




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HDFC to raise Rs 5,000 crore via bonds

The coupon on the bonds, to be maturing in December 2021, has been fixed at 7.06 per cent per annum.




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Golden Chariot is Now Available for Charter at $70000 (3.5 Million INR)

Karnataka Tourism’s flagship luxury train, the Golden Chariot is now available for charter at only $70000 (Rs. 3,500,000). The minister said: “Around 80 tourists can travel in the train per tour. By introducing the charter service, private individuals or organizations can have...



  • Thu
  • 25 Oct 2012 00:00:00

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Indian Maharaja Wins Third Successive Award for Best Asian Luxury Train

Indian luxury train, the Indian Maharaja, has bagged the award for the Best Asian Luxury Train for the third year in a row. The train was felicitated at World Travel Awards 2012, quoted by Wall Street Journal as “the travel industry’s equivalent to the Oscars”. The awards are...



  • Wed
  • 31 Oct 2012 00:00:00

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Maharaja’s Express Awarded the Best Luxury Train in the World at World Travel Awards 2012

Popular Indian luxury train, The Maharaja’s Express, has been awarded World’s Leading Luxury Train 2012 at the World Travel Awards 2012 held in New Delhi yesterday. The train was one of the contenders for the coveted title of the best luxury train in the world which included the...



  • Thu
  • 13 Dec 2012 00:00:00

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Indian Luxury Trains Adds ‘Fairy Queen’ to its Portfolio

Indian Luxury Trains (ILT), India’s first luxury train portal, is all set to add the Fairy Queen  train, India’s oldest running steam locomotive, to its portfolio. The Fairy Queen train was jolted down last year following the vandalizing & stealing of the brass parts of this...



  • Fri
  • 21 Dec 2012 00:00:00

ai

EXPLAINED: Tale of two moons

Coming back to the Galileo point, 2020 CD3 is not really unique, but we have been limited by our technology and rarely know when we get such occurences.




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Coronavirus silverlining! NASA images show drop in China’s air pollution after lockdown

In a preliminary analysis, NASA researchers compared NO2 values detected by OMI in 2020 with the average amounts detected at this time of year from 2005-2019.




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ISRO’s Gaganyaan: SAIL’s Bhilai plant sending high strength special steel to make satellite launch vehicle

Special grade steel plates have been procured from the Bhilai plant of the Steel Authority of India Limited (SAIL) to be used in the launch vehicle.




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Rare ‘Supermoon’ on Holi this year! Check time, details, history of moon marvel

The term supermoon has only prevailed in the common lexicon for 40 years or so. It was coined by astrologer Richard Nolle in 1979.




ai

Amazon rainforest may collapse within decades if critical point is reached: Study

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.




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Delhi weather update: Light rains predicted in national capital

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




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Light rains likely in New Delhi

Light rain and thunderstorm accompanied with winds gusting up to 30-40 kilometres per hour are expected towards the evening under the influence of a western disturbance, it said.




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Air quality picking up in quarantined countries

Air quality is improving in countries under coronavirus quarantines, experts say, but it is far too early to speak of long-term change.




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Delhi targets 66% reduction in air pollution in 5 years; sets aside Rs 30 cr for smog towers

"Green Citizen Awards" will also be instituted to encourage citizens to contribute to environment protection and preservation work, Deputy Chief Minister Manish Sisodia said while presenting the budget in Delhi Assembly.




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Russia earthquake: 7.5 magnitude quake in north Pacific prompts tsunami watch for Hawaii

The Pacific Tsunami Warning Center said hazardous tsunami waves were possible within 1,000 kilometers (600 miles) of the quake's epicenter.




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Coronavirus lockdown: India breathes easy as over 90 cities record minimal air pollution

India is currently under the biggest lockdown with around 130 crore people asked to stay home in view of the coronavirus outbreak, which has claimed 19 lives and infected over 900 people in the country.




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Air quality improves in India amid coronavirus lockdown, says Central Pollution Control Board

The nationwide 'Janta Curfew' on March 22 and the 21-day lockdown imposed since March 24 to combat the coronavirus outbreak have resulted in a significant improvement in air quality.




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Space jam! Over 12,000 aspiring astronauts apply for NASA’s Moon, Mars mission! Check details

A total of 12,000 applicants applied to become astronauts at the National Aeronautics and Space Administration (NASA).




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Coronavirus Lockdown: After improvement in air quality, scientists record drop in seismic vibrations under Earth surface

The report claims that the development could help seismologists detect earthquakes of even very small magnitude, signals of which were earlier drowned in the cacophony produced by various activities.




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Kolkata air quality deteriorates after people burst crackers in response to 9 pm-9min call

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.




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Lockdown: Major air pollutants PM2.5, PM10 and NOx down by at least 50 per cent in Delhi

In Delhi, the comparison made from the second week of March (before lockdown) to first week of April (April 6), reduction in PM2.5 was found to be by 62 per cent, PM10 by 57 per cent and NOx by 50 per cent,  the latest SAFAR data accessed by PTI showed.




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Air pollution linked to higher COVID-19 death rates: US study

The yet-to-be-published study looked at more than 3,000 counties across the US, comparing levels of fine particulate air pollution with novel coronavirus death counts for each area.




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NASA celebrates 50th anniversary of Apollo 13, a mission known as “a successful failure”

Termed "a successful failure", the spacecraft which had three astronauts- James Lovell Jr, Fred Haise Jr, and John Swigert Jr- on board managed to return to the Earth despite facing an explosion like situation after a blast in its oxygen tank.




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Second Earth? Data from NASA’s Kepler telescope helped discover exoplanet with habitable conditions; details

The planet, being called Kepler-1649c, was discovered by the team when they were looking through the data of previous observations from the Kepler telescope, which had been retired by NASA in 2018.




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New ‘Earth-like’ Exoplanet Kepler-1649c found! Scientists analyze if it can sustain life

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.




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Air pollution linked with higher COVID-19 death rate: Study

The research, published in the journal Science of the Total Environment, combined satellite data on air pollution and air currents with confirmed deaths related to COVID-19.




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State of the world: Is it too late to shift to sustainable living?

People can be drivers of drastic, aggressive, and effective solutions. The ongoing COVID-19 pandemic crisis is a great example of how people around the world can join forces to fight a disaster together.




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Delhi air quality: Lockdown cuts PM2.5, PM10 levels by half in national capital

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."




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Huge asteroid 1998 OR2 will fly past Earth on Wednesday, no chances of danger to earth; details

According to NASA, they have identified and tracked over 90 percent of the asteroids near the Earth (NEAs) with a minimum width of 1 km, which is big enough to be a threat to the humans if they line up with the Earth.




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Everest-sized Asteroid to pass by Earth! Check time of intersection, concerns and all other details

NASA's Near-Earth Object Studies Center has classified the asteroid 1998 OR2 as the 'potentially hazardous object' as it flies at regular intervals past Surface's earth. In particular, about 125 other objects were found to be potentially hazardous.




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ISRO’s Gaganyaan: COVID-19 interrupts future of the mission; check details

In the Gaganyaan mission, the first of three flights was scheduled within a year, initial two flights to be unmanned but with humanoids onboard.




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Super Flower Moon 2020: Date, timing in India, how to watch full moon; check details

Did you miss last month's Pink Supermoon? Don’t worry! You can witness another supermoon today.




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Motor accident claims

In the insurance there is compulsory PA coverage for driver as well as owner. If the owner fall from a pickup van vehicle an get injure due to rash riving of its driver will owner claim insurance compensation.




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Iraqis turn to sketches and songs to contain virus

Artists in Iraq’s southern port city of Basra have adapted the beloved characters of Bab al-Hara (The Neighborhood Gate) -- a 10-season period drama widely watched across the Arab world -- to convince their compatriots to take the pandemic seriously



  • Movies & TV

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Formula E is ultimate test lab for materials inside the Li-ion batteries: Future electric vehicles to gain from this learning

Formula E uses electric vehicles and hence these lithium-ion batteries go through the perfect endurance tests, with learnings percolating to road-legal vehicles in future.




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Dubai and Mena: 7th International Arbitration and Corporate Crime Summit

Legal Plus creates and manages annual summit, forum and seminar throughout Asia, Middle East and Europe and partners with leading industry global companies to promote the ever changing landscape on essential legal, financial, regulatory and compliance issues.

These events are invitation only, tailored to general/corporate counsel, chief compliance & risk professionals, accountants, directors, private practice lawyer to gain up to date skills, information and expert advice from the expert practitioners speaking at the events. The events will also provide them with essential knowledge to assist to run their business with transparency, integrity as well as up to date knowledge to make their company a leader in their field.

For sponsorship and speaking opportunities, please visit our website or contact Jason Sinclair at Jason.Sinclair@legalplus-asia.com or call +852 9262 2838.

The Dubai & MENA: 7th International Arbitration & Corporate Crime Summit will be held at Shangri-La Dubai Hotel on 22 January 2020.   The event will bring together international and local speakers to present the most up to date information on Arbitration and Corporate Crime.  It will also be an excellent opportunity to catch-up and meet fellow legal professionals in the region.

Registration is now open. Contact us today or view the latest flyer for registration and program details.
Click here to Download the Brochure

Registration Enquiry: bettina.yan@legalplus-asia.com
Speaking / sponsor Enquiry: jason.sinclair@legalplus-asia.com

Speakers:

  • John Bishop, International Independent, Arbitrator, Chairman - AM Session
  • Adrian Darbishire QC, QEB Hollis Whiteman, Chairman - PM Session
  • Robert Stephen, Registrar, DIFC-LCIA Arbitration Centre (DIFC-LCIA) - Opening Address
  • Yves Derains, Founding Partner, Derains & Gharavi International - Keynote Speaker
  • Sami Houerbi, Director for Eastern Mediterranean, Middle East & Africa, ICC International Court of Arbitration, Abu Dhabi/Tunis; Partner, Houerbi Law Firm Moderator - Grand Keynote Panel
  • And many more

Complimentary seats for In-house/ General Counsel.
Contact us at: legalpluseventsasia@legalplus-asia.com to secure your seat. Condition applies.

To read more in details about the event, click here




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Advocate Mukul Rohatgi aids Delhi government in COVID ’19 fight; Asks lawyer community to contribute

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




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PIL in SC by justice for rights foundation seeking waiver of fees in pvt. university/colleges

A PIL has been filed in the Supreme Court seeking directions to State Governments pertaining to private and public college for providing relief, waive off, or moratorium on academic fees for the next semester and restrict them from asking lump sum am




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Supreme Court says Virtual Courts are not against the concept of Open Court Hearing

In a recent plea by Bar Council of India chairman to Chief Justice of India, it was advised against continuation of hearing via video-conferencing after the lockdown ends, to maintain judicial transparency. The Supreme Court in a press report has sai




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India strongly protests against the recent order of Pakistan Supreme Court to allow elections in Gilgit Baltistan

Pakistan Supreme Court has passed an Order on 30th April to make amendments in the Gilgit Baltistan Order of 2018 to conduct the general assembly elections in that area.India has lodged a strong protest with Islamabad against these directions of the




ai

Plea in SC against Arnab Goswami's interim protection

Plea in SC by MahaGovt in the SC against the Interim Protection given to Arnab Goswami, saying he’s arrogant, and he ‘Browbeating’ Police.Maharashtra Government has filed an application in the Supreme Court, alleging that Arnab Gosw




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MP HC issues circular to expand matters to be heard in interim bail period

Subordinate Courts to conduct hearing of less urgent matter as well, says MP HC; interim bail period also extended by 45 days.A circular has been issued by the Madhya Pradesh High Court, to expand the Scope of matters to be heard by the lower courts




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Delhi HC declines to grant interim injunction on airing Netflix series "Hasmukh"

The Delhi Court on Tuesday declined to grant interim stay on the new Netflix series “Hasmukh” which stars Vir Das. The plea, moved by Advocate Ashutosh Dubey, claimed that the fictional series maligned the reputation of advocates, especia