Search For "asset"
ED transfers Rs 9,371.17 cr assets seized in Mallya, Nirav, Choksi cases t
Updated : 5 years ago IST
New Delhi [India], June 23 (ANI): The Enforcement Directorate (ED) on Wednesday transferred seized assets worth Rs 9,371.17 crore in the cases related to Vijay Mallya, Nirav Modi, and Mehul Choksi, to Public Sector Banks (PSBs) and Central Government.
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IIFCL posts Rs 286 crore standalone PAT in FY21
Updated : 5 years ago IST
New Delhi [India], June 22 (ANI): Government-owned India Infrastructure Finance Company Ltd (IIFCL) said on Tuesday it has returned to profitability with a standalone profit after tax of Rs 286 crore and consolidated profit after tax of Rs 325 crore in the fiscal year 2020-21.
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Hong Kong's Apple Daily may halt publication on Saturday
Updated : 5 years ago IST
Hong Kong, June 21 (ANI): Hong Kong's pro-democracy newspaper Apple Daily could stop publishing on Saturday if the city authorities continue to keep its assets frozen after arresting five executives under the draconian National Security Law.
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Reliance Home Finance takes up resolution plan approved by lenders
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The board of directors at Reliance Home Finance (RHF) on Monday took note of a resolution plan approved by lenders under the Reserve Bank of India's (RBI's) prudential framework for resolution of stressed assets.
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ED freezes investments worth Rs 88 lakh of Qatar-based firm chief
Updated : 5 years, 1 month ago IST
New Delhi [India], June 19 (ANI): Directorate of Enforcement (ED) on Friday froze the assets, worth Rs 88 lakh, of Qatar-based businessman Subrahmanyam Srinivas Pinninti in a money laundering case.
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Flipkart opens one of its largest warehouses in West Bengal
Updated : 5 years, 1 month ago IST
Bengaluru (Karnataka) [India], June 16 (ANI): E-commerce marketplace Flipkart on Wednesday announced addition of a new fulfillment centre in West Bengal, the second-largest in the state, as it ramps up supply chain infrastructure in the East.
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Telangana govt trustee of assets, has no right to sell: Congress
Updated : 5 years, 1 month ago IST
Hyderabad (Telangana) [India], June 16 (ANI): Dasoju Sravan Kumar, All India Congress Committee (AICC) spokesperson said that the state government must withdraw its decision to sell government lands immediately as it is only a trustee and not the owner.
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The Phoenix Mills Limited successfully vaccinates 15,000 personnel, target
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 15 (ANI/NewsVoir): The Phoenix Mills Limited, India's largest retail-led mixed-use asset developer and operator, has organized one of the biggest vaccination drives covering its employees, their family members, retail staff, contractual staff and third-part
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IOB clocks Q4 net profit at Rs 350 crore
Updated : 5 years, 1 month ago IST
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.
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NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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PIL in SC seeks directions to Centre, state govts against criminals involv
Updated : 5 years, 1 month ago IST
New Delhi [India], June 12 (ANI): A PIL has been filed in the Supreme Court seeking directions to the Central and State governments for appropriate steps to seize 100 per cent benami properties and disproportionate assets and invoke the National Security Act against the criminals, directly o
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Yes Bank to raise Rs 10,000 crore via debt securities
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): The board of directors at private sector lender Yes Bank has approved seeking shareholders' nod for raising up to Rs 10,000 crore in Indian or foreign currency by issuing debt securities, including but not limited to non-convertible debentures, bo
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