MUMBAI: India’s retail credit market is showing a widening gap between the number of borrowers being added and the value of loans being accumulated, with consumer durable loans driving new borrower acquisition, while home and gold loans account for much of the portfolio growth.According to credit bureau CRIF’s ‘How India Lends’ report, gold loan outstandings … Read more
BENGALURU: Boardroom turmoil at Coforge has deepened with independent director and Nomination and Remuneration Committee (NRC) chair DK Singh resigning days after chairman OP Bhatt stepped down amid an internal audit that flagged concerns over how board-evaluation findings were presented to directors.Singh resigned with immediate effect, citing “differences and tension” between independent and executive directors … Read more
MUMBAI: In one of the busiest weeks for the primary market in recent times, six mainboard IPOs closed on Friday, along with three on SME platforms of the two bourses. The nine primary offers together saw total demand worth about Rs 1.4 lakh crore against a mobilisation target of about Rs 3,100 crore, bidding data … Read more
PM Modi will fellow Brics leaders in New Delhi NEW DELHI: Noting that the Brics grouping now represents 50% of the global population, 40% of GDP, and 25% of trade, PM Narendra Modi said Friday that their collective economic might has grown at nearly double the global pace since the bloc was formed in 2006, … Read more
Mbappé addresses viral dictator memes and a bizarre nickname, admitting the comparisons leave him with mixed feelings/ Image: AP, X Kylian Mbappé has never been short of attention, but a strange social-media trend surrounding the France and Real Madrid star has taken his fame in a direction he would rather not embrace. Images of Mbappé … Read more
The couple sold everything to take on the ambitious restoration of Duncombe House. (Photo: Duncombe House Diaries) Two years ago, a couple made the extraordinary decision to sell almost everything they owned and buy a 300-year-old abandoned English country mansion in Staffordshire.What followed was a painstaking restoration filled with hidden treasures, collapsing ceilings, mushrooms growing … Read more
NEW DELHI: Vehicle owners can now port their FASTags from one bank to another – much like the portability process for a mobile-phone number – with NHAI Friday rolling out the ‘One Tag’ framework. Nearly a dozen major banks, including SBI, ICICI and Airtel Payments Bank, have joined the tag’s portability system.The move will allow … Read more
Additional chief secretary, health and family welfare, Amit Kumar Ghosh Lucknow: Uttar Pradesh will now review every maternal death on a daily basis and initiate corrective measures in the district where it occurs, in a move aimed at identifying gaps in care and preventing repeat deaths, additional chief secretary, medical and health, Amit Kumar Ghosh … Read more
Special CBI judge Baljinder Singh Sran sentenced Gupta to imprisonment till the rising of the court and ordered his immediate release after he deposited the complete compensation amount via a demand draft drawn in favour of Northern Railway, Ferozepur, on the day of the verdict. Mohali: A special CBI court has convicted businessman Anil Kumar … Read more
Sri Lanka beat Pakistan by 4 wickets. (Pic Credit: Sri Lanka Cricket) NEW DELHI: Defending champions Sri Lanka produced a remarkable fightback under pressure to beat Pakistan by four wickets and book their place in the Women’s Asia Cup final, where they will face India in a repeat of the 2024 summit clash.Chasing 131 at … Read more