National
BJP's Baluni turns saviour for 500 Indians stranded in Dubai (IANS Exclusive)
BY NAVNEET MISHRA
New Delhi, July 10 (IANS) BJP's Rajya Sabha MP Anil Baluni has turned out to be a saviour for the 500 residents of Uttarakhand st...Read more
'One Nation, One Ration Card to start working across India by Jan'
New Delhi, July 10 (IANS) Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan has reiterated that 'One Nation, One Rati...Read more
Nepal bans all Indian news channels except DD
New Delhi, July 10 (IANS) Nepal has banned all Indian news channels, except DD News, for alleged propaganda against the country.
Reports say th...Read more
Plea in SC for live Amarnath darshan through internet and TV
New Delhi, July 9 (IANS) A plea has been moved in the Supreme Court seeking restriction on the access of the general public/devotees in this year's Am...Read more
1.4 lakh students to gain as TS Inter Supply exams cancelled
Hyderabad, July 9 (IANS) With no let up in the COVID-19 situation, the Telangana government has decided to cancel the advanced supplementary exams of ...Read more
395 B'luru policemen test Covid positive hitherto: Official
Bengaluru, July 9 (IANS) As many as 395 city policemen tested Covid positive since the start of the pandemic, said an official on Thursday.
"We...Read more
CM asks Covid-hit Bengaluru's residents not to visit home villages (Ld)
Bengaluru, July 9 (IANS) Alarmed by the surging Covid cases across the state, especially in Bengaluru, Karnataka Chief Minister B.S. Yediyurappa on Th...Read more
Lockdown restrictions for IT, ITES units in Chennai relaxed
Chennai, July 9 (IANS) The Tamil Nadu government on Thursday slightly relaxed the Covid-19 lockdown conditions for information technology (IT) and IT ...Read more
PNB reports Rs 3,688 cr borrowal fraud by DHFL
Mumbai, July 10 (IANS) State-run Punjab National Bank (PNB) has reported a borrowal fraud of Rs 3,688.58 crore in the NPA account of the now bankrupt Dewan Housing Finance Ltd (DHFL).
In a regulatory filing, the bank said that it has already made provisions amounting to Rs 1,246.58 crore.
"A fraud of Rs 3,688.58 crore is being reported by the bank to RBI in the accounts of the company (DHFL). Bank has already made provisions amounting to Rs 1,246.58 crore, as per prescribed prudential norms," it said.
Several other banks have already declared DHFL as a fraud account.
Last November, the Reserve Bank of India (RBI) superseded the Board of Directors of the company and appointed an administrator and accordingly, the board powers were vested in the firm's administrator.
Further, the Mumbai-bench of the National Company Law Tribunal (NCLT) at Mumbai commenced the CIRP against the company in December, following an application by the RBI.
The company reportedly has debt of around Rs 97,000 crore and has allegedly siphoned off Rs 31,000 crore from the total bank loans.
Its promoters Kapil Wadhawan and Dheeraj Wadhawan were arrested by the Central Bureau of Investigation in April.
--IANS
rrb/sn/vd
