Mumbai, Dec 16 (IANS) Celebrities around town had a good time at iconic rock band U2's The Joshua Tree Concert in the weekend.
Among B-town stars spotted at the do were Ranveer Singh and Deepika Padukone, Hrithik Roshan, Sussanne Khan, Amaal Mallik, Diana Penty, Riya Sen with husband Shivam Tewari, Anurag Kashyap, and Rohit Dhawan. Kunal Kapoor with wife Naina Bachchan, Nitya Mehra, Mira Rajput, Rannvijay Singha with wife Priyanka Vohra, Shaheen Bhatt, and Javed Jaffrey with son Mizaan Jaffrey also attended the show.
Cricketing maestro Sachin Tendulkar with wife Anjali Tendulkar, and Ness Wadia were also seen grooving to U2 beats, held on Sunday evening at Navi Mumbai's DY Patil Stadium.
The concert turned into a magical affair as Indian maestro AR Rahman joined Bono, The Edge, Adam Clayton and Larry Mullen Jr on stage. Rahman took to the stage with his daughters Khatija and Raheema, and performed the single "Ahimsa", which he composed in collaboration with the rock band and released in November.
The sea of fans at the venue was left mesmerised as psychedelic lights, paired with Bono's vocals and the Rahman trio's chant-like rendition cast a spell. Fans shared videos from the U2-Rahman "Ahimsa" performance on social media.
U2 made sure that their first-ever Mumbai concert was nothing less than legendary. The band had the audience grooving to their popular tracks such as "With or without you", "Where the streets have no name" and "I still haven't found what I'm looking for' from their 1987 album, "The Joshua Tree".
The band touched down in Mumbai on Thursday and were welcomed by the paparazzi. They had no qualms striking quirky poses for the shutterbugs. This was their first-ever concert in India, which marked the closure of 'The Joshua Tree Tour 2019', which celebrated 32 years of their album "The Joshua Tree".
Mumbai, Aug 6 (IANS) The Reserve Bank of India on Thursday extended a scheme whereby stressed MSME borrowers will become eligible for restructuring their debt, provided their accounts with lenders were classified as 'standard' as on March 1, 2020.
Accordingly, the existing loans to MSMEs classified as 'standard' will be re-structured without a downgrade in the asset classification.
"A restructuring framework for MSMEs that were in default but 'standard' as on January 1, 2020 is already in place," Das said while delivering the decision of the MPC on monetary policy.
"The scheme has provided relief to a large number of MSMEs. With COVID-19 continuing to disrupt normal functioning and cash flows, the stress in the MSME sector has got accentuated, warranting further support."
According to the RBI Governor, this restructuring will have to be implemented by March 31, 2021.
The Reserve Bank placed eligibility conditions such as the limit of aggregate exposure, including non-fund based facilities, of banks and NBFCs to the borrower should not exceed Rs 25 crore as on March 1, 2020.
Besides, the borrowing entity is GST-registered on the date of implementation of the restructuring. However, this condition will not apply to MSMEs that are exempt from GST-registration.