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.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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