SC had stayed UP Police's criminal proceedings against Yes Bank ex-CEO Kapoor & Videocon founder Dhoot last month. Chandra alleges Kapoor arm-twisted him into agreeing merger between Dish TV and Videocon in 2016.
Having been rescued by a group of lenders in March 2020, Yes Bank is looking to build on its highest quarterly profit since the end of 2018, helped by fee income and loan recoveries.
Bank’s lending growth was substantially over the average credit growth of the banking industry, with experts saying the board should have been more proactive in flagging it.
Doubts over foreign bidders, including Canada’s Erwin Singh Braich and Hong Kong-based SPGP Holdings, have triggered concerns that RBI might not allow them to take ownership stakes.
Indian imports from China continue to grow significantly. India has taken steps to stabilise ties with China and recent months eased investment curbs in certain sectors for Chinese-linked firms.
Ottawa has handed over execution functions of critical defence projects to a CEO-led organisation for reducing procurement timelines and making it solely accountable for outcomes.
Diljit Dosanjh-starrer Satluj doesn’t blame any political party or individual politicians. We only know the demographic in Punjab it’s bound to trigger the most.
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