The multi-crore fraud hit Punjab National Bank posted a net loss of Rs 13,417 crore for the fourth quarter (January-March) of 2017-18, a regulatory filing by the company on the BSE stated on Tuesday. The company had posted a net profit of Rs 262 crore for the corresponding quarter in 2016-17. The gross non-performing assets […]
Iceland’s low fare transatlantic airline — WOW air — on Tuesday said that it will commence operations between New Delhi and Keflavik airport to multiple destinations in North America at fares starting from Rs 13,499 including taxes. According to the low fare transatlantic airline, its India operations will commence from December 7, 2018 with five […]
Janata Dal-Secular (JD-S) leader H.D. Kumaraswamy on Tuesday wrote to Karnataka Governor Vajubhai Vala seeking an appointment to meet him, after accepting the support extended by the Congress to form the government in the state. The JD-S has already announced that Kumaraswamy would be the party’s candidate for the Karnataka Chief Minister’s post. “This is […]
Bharatiya Janata Party (BJP)’s chief ministerial candidate B.S. Yeddyurappa said on Tuesday evening that he had urged Governor Vajubhai R. Vala to allow him to prove majority support in the Karnataka Assembly. “We are the single largest party. We have requested the Governor to give the BJP a chance to prove majority in the Assembly. […]
Veteran stage, TV and Malayalam film artiste Kalashala Babu passed away here in Kerala early on Monday at a private hospital, family sources said. He was 68. Apart from donning the grease paint in close to 150 films, mostly in small character roles, the multifaceted Babu was also a hugely popular stage artiste, who began […]
A coalition supporting radical Iraqi Shia cleric Muqtada al-Sadr, who rose up in arms against the US invasion, is leading in the initial vote count of the parliamentary elections, said the poll panel on Monday. Al Sadr’s candidates were leading in several provinces, including Baghdad, where incumbent Prime Minister Haider al Abadi was in sixth […]
At least seven Maoists were gunned down in separate encounters with security personnel in Odisha’s Kandhamal and Balangir districts in last two days, said an official on Monday. “Five Maoists were killed during a combing operation at Sudukumpa forest in Kandhamal’s Golanki village. “While two were killed in Dudkamal village of Balangir district,” said Additional […]
Polling for electing 38,616 representatives across three tiers to West Bengal Panchayat (rural) bodies began at 7 a.m. on Monday. Long queues were seen outside several booths as people from all social and economic backgrounds patiently waited for their turn to exercise their democratic right. Pre-poll surveys have predicted that the coming rural elections could […]
Fortis Healthcare on Thursday said that its Board will recommend the binding offer of the Hero and Burman consortium for shareholders’ approval. According to the healthcare major, the entire exercise for selecting the Hero and Burman consortium involved a process that witnessed “deliberation and recommendation” by an independent Expert Advisory Committee (EAC). “The Board considered […]
A week after he was granted bail, former Maharashtra Deputy Chief Minister and senior Nationalist Congress Party (NCP) leader Chhagan Bhujbal finally returned home after over two years in custody, here on Thursday. The NCP legislator from Yeola in Nashik has been in jail since his arrest on March 14, 2016, for being involved in […]