Banks move NCLT to invoke personal guarantee of promoters

Mumbai (IANS) Several banks have started moving the National Company Law Tribunal (NCLT) to invoke the personal guarantees given by promoters of defaulting companies.

According to banking sources, leading banks, including State Bank of India…

Himachal flash floods: 7 rescued by NDRF, 9 still missing

Shimla (IANS) Rescuers on Tuesday said seven villagers were rescued from Himachal Pradesh's Kangra district where a massive mudslide triggered by flash floods hit a remote village, damaging several houses and shops and leaving one dead. Nine people…

Maha Cong chief backtracks after accusing CM, Dy CM of 'watching' him

Mumbai (IANS) Hours after levelling serious allegations that Maharashtra Chief Minister Uddhav Thackeray and Deputy Chief Minister Ajit Pawar were keeping tabs on him, state Congress President Nana Patole suddenly backtracked, claiming he was "misinterpreted"…

May's YoY industrial output rises on base effect, eases sequentially

New Delhi (IANS) Low base effect on a year-on-year basis pushed India's industrial output higher by 29.3 per cent, but the production growth rate was slower sequentially.

The Index of Industrial Production (IIP) for May rose by over 29…

India's June retail inflation eases sequentially, but still over 6%

New Delhi (IANS) India's June retail inflation eased up on a sequential basis but still managed to remain above the 6 per cent threshold.

According to the data furnished by the National Statistical Office (NSO), the Consumer Price Index…

Not a single Congress MLA in Goa will defect this time: Chodankar

Panaji (IANS) Savaged repeatedly over the departure of 13 MLAs to the BJP since the 2017 Assembly polls, Goa Congress President Girish Chodankar on Monday said that the party had tweaked its candidate selection procedure to ensure that not a single…

No Rath Yatra this year as Govt denies permission

Ranchi (IANS) This year Rath Yatra could not take place in Jharkhand as the state govt had denied permission for it.

In the wake of coronavirus the state government has this year also denied the permission to organise the Rath Yatra at the…

Struck by lightning: 11 Jaipur tourists die in Amer watch tower

Jaipur (IANS) Eleven tourists lost their lives and another eight sustained injuries during a lightning strike near the Amer Fort.

The incident is from Sunday when these tourists were out enjoy a pleasant evening -- some were busy taking selfies…

38 killed in lightning strike in UP, Yogi orders relief

Lucknow (IANS) At least 38 people were killed in eleven districts of Uttar Pradesh, after being struck by lightning, thunder and rain.

According to reports, the deaths occured on Sunday evening. Fourteen people died in Prayagraj, five in Kanpur…

3 Bangladeshi jihadis nabbed in Kolkata

Kolkata (IANS) Three suspected terrorists of Jamaat-ul-Mujahideen Bangladesh (JMB) have been nabbed from Kolkata's Haridevpur area.

The three were picked up from a rented flat in Haridevpur on the western suburbs of the city on Sunday evening.