Reliance Capital lenders have approached the National Company Law Appellate Tribunal (NCLAT) to seek a second round of financial bids for the debt-ridden firm, presently going through the insolvency resolution process. Vistra ITCL (India) Ltd, one of the members of the Committee of Creditors of Reliance Capital has filed an appeal before the appellate tribunal.
India's domestic traffic reached 85.7 per cent of the level of 2019 -- pre-Covid year -- in 2022 even as the recovery in air travel continued in December last year, global aviation body IATA said on Monday. Total traffic in 2022 (measured in revenue passenger kilometers or RPKs) rose 64.4 per cent compared to 2021, International Air Transport Association (IATA) said.
Delhi zoo's oldest white tigress died on Monday due to liver malfunction, officials said. Vina Rani, aged around 17, had not eaten anything since Saturday. Profiling of her blood samples revealed that she was suffering from hepatitis, which impacted her liver, an official said. She was a third-generation white tigress born in the zoo.
Union Ports, Shipping and Waterways (MoPSW) minister Sarbananda Sonowal on Monday met Minister of Transport of Qatar Jassim Saif Ahmed Al-Sulaiti and discussed ways to strengthen the bilateral maritime cooperation, according to an official statement. The statement said India-Qatar cooperation in diverse sectors has been steadily growing in an excellent framework led by historical close ties, regular and substantive engagement.
Talking to reporters Adityanath said, "The priority corridor of six kilometres would be completed ahead of the six months of the scheduled target and Metro services will be operational for the people of Agra by the beginning of 2024." According to a statement, the priority corridor is a six kilometres corridor, from Taj East Gate to Jama Masjid. It would have three elevated metro stations Taj East Gate, Basai Metro Station and Fatehabad Road Metro Station along with three underground metro stations Taj Mahal, Agra Fort and Jama Masjid.
Economists at SBI on Monday said they expect the Reserve Bank of India (RBI) to hit the pause button on interest rate hike at its upcoming monetary policy review this week. The central bank's Monetary Policy Committee (MPC), the six-member rate setting panel, is likely to continue with the current 'withdrawal of accommodation' stance, the SBI economists said.
The UK government said on Monday that it will immediately deploy emergency response teams to Turkey to assist with rescue efforts in the wake of the countrys worst earthquake in decades. A powerful 7.8 magnitude earthquake rocked Turkey and Syria early on Monday, killing more than 2,300 people. Turkey's disaster agency said more than 1,500 people died there, while it is estimated that over 800 people were killed in Syria.
The Union Agriculture Ministry on Monday signed a Memorandum of Understanding (MoU) with a private social enterprise Digital Green under the PPP (Public-Private Partnership) framework to build a national-level digital extension platform. The platform will host a digital library of curated multi-format multi-lingual content, help extension workers access and deliver curated content to farmers on time and upskill the vast network of extension workers in agriculture, horticulture, fisheries, livestock and rural livelihood missions through certified online courses, the ministry said.
There will be 25 embarkation points for Haj-2023 and forms for going on the pilgrimage will be out very soon with the application being available free of cost, according to the Ministry for Minority Affairs. The ministry said the Haj policy released on Monday will bring financial relief to pilgrims.
The magnitude 7.8 quake, which hit before sunrise in bitter winter weather, was the worst to strike Turkey this century. It was followed in the early afternoon by another large quake of magnitude 7.7.
It was not immediately clear how much damage had been done by the second quake, which like the first was felt across the region and endangered rescuers struggling to pull casualties from the rubble.
A special CBI court granted bail to Kavita Mankikar, an employee of diamond merchant Nirav Modi's firm who is accused in the Punjab National Bank scam case, more than four years after she filed her plea.
Special judge SJ Menjoge in his order said that the Bombay High Court had already held that her arrest was "illegal" and the Central Investigation Agency was given the liberty to re-arrest following the due process of law.
