assets

  1. Sunteck Realty's sales bookings rise 30 percent to Rs 502 crore in June quarter

    Sunteck Realty's sales bookings rise 30 percent to Rs 502 crore in June quarter

    New Delhi, Sunteck Realty Ltd on Friday reported a 30 per cent decline in its sales bookings to Rs 502 crore for the quarter ended June due to strong housing demand.The company had sold assets worth Rs 387 crore in the same period a year ago.“Our pre-sales in Q1FY20 were approximately Rs 502...
  2. Ensure transparency, faster resolution under IBC for better recovery: IBBI chief

    Ensure transparency, faster resolution under IBC for better recovery: IBBI chief

    New Delhi, IBBI chief Ravi Mital on Friday urged insolvency professionals to be as transparent as possible, provide more information to stakeholders and ensure faster resolution of stressed assets for better recovery.He also stressed that no one will take action against insolvency resolution...
  3. Lokayukta raids in Karnataka reveal disproportionate assets worth Rs 45.14 crore of 11 government officials

    Lokayukta raids in Karnataka reveal disproportionate assets worth Rs 45.14 crore of 11 government officials

    BENGALURU: Lokayukta officials on Thursday conducted raids at 56 locations across the state and found that 11 government officials and engineers have amassed assets worth Rs 45.14 crore which are disproportionate to their known sources of income, the Lokayukta office said.In an early morning...
  4. 360 ONE appoints Raghav Iyengar as CEO of property business

    360 ONE appoints Raghav Iyengar as CEO of property business

    Mumbai, July 11, 2024: 360 ONE has announced the appointment of Raghav Iyengar as Chief Executive Officer-designate of its asset management business (360 ONE Asset), subject to necessary approvals. Raghav has a rich experience of over three decades in the financial services sector. Prior to...
  5. ED attaches property of former Bihar government official in PMLA case

    ED attaches property of former Bihar government official in PMLA case

    New Delhi: The Enforcement Directorate on Wednesday said it has attached assets worth Rs 2.5 crore of a former Bihar higher education department official in connection with a money laundering probe into his alleged disproportionate assets case.A provisional order has been issued by the federal...
  6. Disproportionate assets case against PWD engineer, wife

    Disproportionate assets case against PWD engineer, wife

    Beed (Maharashtra), Anti-Corruption Bureau said Beed police have registered a case against a 51-year-old PWD engineer and his wife for possessing assets 200 per cent disproportionate to their known sources of income.In 2022, the ACB had caught the then executive engineer of the Public Works...
  7. June sees new high for MF industry: Equity MF inflows at Rs 40,000 crore, SIPs at Rs 21,000 crore

    June sees new high for MF industry: Equity MF inflows at Rs 40,000 crore, SIPs at Rs 21,000 crore

    Mumbai, Investors pumped a record Rs 40,608 crore into equity mutual funds in June, up 17 per cent from May 2024, industry body Amfi said on Tuesday.Flows into systematic investment plans (SIPs) also touched a new high of Rs 21,262 crore during the month, higher than the previous high of Rs...
  8. SEBI changes norms for passive mutual fund schemes on sponsor group exposure

    SEBI changes norms for passive mutual fund schemes on sponsor group exposure

    New Delhi: Passive mutual fund schemes cannot invest more than 25 per cent of their net assets in listed securities of the sponsor's group companies, according to new prudential norms notified on Monday by market regulator Sebi for such schemes.Sebi announced new measures to simplify...
  9. Sumitomo Mitsui Banking Corporation, BNP Paribas commence branch operations from GIFT-IFSC

    Sumitomo Mitsui Banking Corporation, BNP Paribas commence branch operations from GIFT-IFSC

    Mumbai, Japan's Sumitomo Mitsui Banking Corporation and French lender BNP Paribas on Monday announced the start of operations of the Gujarat International Finance Tec-City - International Financial Services Center (GIFT-IFSC) branch.The Japanese lender said the branch will focus on the foreign...
  10. J-K ACB files FIR against junior engineer in DA case

    J-K ACB files FIR against junior engineer in DA case

    JAMMU: The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday registered a case and raided various properties allegedly worth crores of rupees of a junior engineer here in a disproportionate assets (DA) case. The officers provided this information.He said that the ACB is probing the DA's...
  11. Election Commission sent notice to Engineer Rashid on election expenses

    Election Commission sent notice to Engineer Rashid on election expenses

    Rashid, who is jailed since 2019 after being accused by the NIA in a terror financing case, defeated former J&K Chief Minister Omar Abdullah from Baramulla Lok Sabha seat as an independent candidate by over 2 lakh votes in the recent elections.The ECI notification was given by the deputy...
  12. Telangana government to strengthen and expand enforcement arm of Hyderabad civic body

    Telangana government to strengthen and expand enforcement arm of Hyderabad civic body

    Hyderabad, The Telangana government has decided to expand the disaster management wing of the Greater Hyderabad Municipal Corporation (GHMC) to offer various services, including protecting government assets like water bodies from the menace of encroachments.In a meeting held by Chief Minister...
  13. SEBI warns public against dealing in assets of HBN Dairies & Allied

    SEBI warns public against dealing in assets of HBN Dairies & Allied

    New Delhi, Market regulator SEBI has cautioned the public against dealing in any property related to HBN Dairies & Allied Ltd.The warning came after the Supreme Court, in its order dated May 14, 2024, authorized the Securities and Exchange Board of India (SEBI) to sell the assets of HBN...
  14. Delhi HC directs Trinamool MP Saket Gokhale to pay Rs 50 lakh in Laxmi Puri defamation case

    Delhi HC directs Trinamool MP Saket Gokhale to pay Rs 50 lakh in Laxmi Puri defamation case

    The defamation suit was filed following Gokhale's continuous tweets accusing Puri of buying disproportionate assets in Switzerland. He also took the name of Hardeep Puri in the tweet.According to a statement issued by solicitors Pharm Karanjawala & Co, representing Puri, Gokhale has been...
  15. ED seizes CPI(M) land, bank deposits, party says money laundering proceeds are with it

    ED seizes CPI(M) land, bank deposits, party says money laundering proceeds are with it

    New Delhi/Kochi, The Enforcement Directorate on Saturday alleged that the CPI(M) in Kerala was retaining proceeds of money laundering as it seized a plot of land and bank deposits worth Rs 73 lakh from the political party in a probe linked to Karuvannur Service. Cooperative Bank "Scam".The...
  16. Michael Jackson's estate hit by financial turmoil

    Michael Jackson's estate hit by financial turmoil

    Washington [USA], When Michael Jackson tragically passed away on June 25, 2009, he left behind a legacy that transcended music, but also a staggering financial burden.Recent court documents filed in Los Angeles and obtained by Deadline have revealed that, at the time of his death, Jackson was...
  17. Reduction in bad loans to 12-year low will help maintain growth momentum: RBI report

    Reduction in bad loans to 12-year low will help maintain growth momentum: RBI report

    Mumbai, Decline in banks' non-performing assets to a 12-year low of 2.8 per cent and strong GDP numbers will help sustain growth momentum and withstand global shocks, the Financial Stability Report (FSR) said. ) from the Reserve Bank published on Thursday.Real gross domestic product (GDP) rose...
  18. Indian economy, banks remain strong and resilient: RBI

    Indian economy, banks remain strong and resilient: RBI

    With improved balance sheets, the country's banks and financial institutions are supporting economic activity through sustained credit expansion, according to the RBI's Financial Stability Report released on Thursday.The gross non-performing assets (GNPA) ratio of scheduled commercial banks...
  19. Gross NPAs of banks may fall to 2.5 percent, at 12-year low: RBI report

    Gross NPAs of banks may fall to 2.5 percent, at 12-year low: RBI report

    Mumbai, Commercial banks' gross bad assets or doubtful assets fell to a 12-year low of 2.8 per cent in March 2024 and may further decline to 2.5 per cent by the end of the current fiscal, according to the RBI Financial Stability Report (FSR). ) published on Thursday.The gross non-performing...
  20. With improved balance sheets, banks are supporting credit growth: RBI financial stability report

    With improved balance sheets, banks are supporting credit growth: RBI financial stability report

    New Delhi [India], The global economy currently faces significant risks arising from ongoing geopolitical tensions, high levels of public debt and slow progress in reducing inflation, according to the Bank's 29th Financial Stability Report (FSR). Reserve Bank of India (RBI). released on...
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