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Hima Das donates half of salary for Assam flood relief, appeals for help

Wednesday, July 17, 2019, 8:45 AM

Star-sprinter Hima Das, whose home-state Assam has been reeling from the worst spell of floods in recent years, has appealed for contributions to the CM's Relief-Funds. "Flood situation in our state Assam is very-critical, 30-out of 33 districts are currently affected. So I would like to request big-corporates and individuals to kindly come forward and help our state in this difficult situation," Hima tweeted.
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Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Nirmala Sitharaman

Wednesday, July 17, 2019, 8:42 AM

Total bad loans of commercial banks declined by Rs.1.02-lakh-crore to Rs.9.34-lakh-crore in the 2018-19 fiscal on the back of steps taken by the government, Finance Minister Nirmala Sitharaman said. Sitharaman said the SCBs effected record recovery of Rs.4,01,424 crore over the last four financial years, including record recovery of Rs.1,56,746-crore during 2018-19 ( provisional data for 2018-19, as reported by RBI on July-9, 2019).
 
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Rakesh Gangwal won't sell IndiGo stake in feud with Rahul Bhatia

Wednesday, July 17, 2019, 8:40 AM

Rakesh Gangwal, the co-founder of IndiGo, said he won't sell his shareholding in India's largest airline and will maintain his stake amid a feud with his partner Rahul Bhatia. "I am here for the long haul," Gangwal, who has accused Bhatia of corporate governance lapses, said by phone. "I have no desire to sell my stake or raise my stake. "

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