The RBI in its draft master directions issued on Thursday has proposed that lenders should label defaulting borrowers as 'wilful defaulters' within six months of an account turning non-performing asset (NPA).
Category: MUMBAI
Mumbai's 'fugitive scam couple': Police freeze more bank accounts, properties
Moving ahead in the investigations, the Mumbai Police’s Economic Offences Wing (EOW) has frozen another 11 banks accounts and five prime properties purportedly owned by absconding scamster couple Ashesh Mehta and his wife Shivangi Lad-Mehta, officials said on Monday.
G20 Summit: IIT-B, Chicago Quantum Exchange forge new science-tech partnership
The Indian Institute of Technology, Bombay (IIT-B) has joined the Chicago Quantum Exchange at the University of Chicago as an international partner – among only five globally - for a new collaborative science and technology initiative between the two renowned academic institutions.
Maratha stir continues, Congress wants Special Legislature Session for quotas
The Maratha groups’ agitation for reservations continued for the 7th day in Jalna even as Congress’ Leader of Opposition (Assembly) Vijay Wadettiwar demanded a Special Session of Maharashtra Legislature to discuss and finalise the quotas for the community here on Monday.
Naresh Goyal sent to ED custody till Sep 11 in money-laundering case
A special PMLA court here on Saturday remanded Jet Airways founder Naresh Goyal to Enforcement Directorate (ED) custody till September 11 in connection with a case of bank fraud of Rs 538 crore and money-laundering.
Auto-rickshaw driver kills 17-yr teen on suspicion of flirting with wife
In a shocking incident, an auto-rickshaw driver has been arrested for allegedly killing and chopping a teenage boy who he suspected was flirting with his wife and sister-in-law.
'People of India want change', says Pawar on eve of I.N.D.I.A. conclave
Setting the tone for the two-day I.N.D.I.A. Conclave starting here on Thursday, Nationalist Congress Party (NCP) President Sharad Pawar said on Wednesday that “the people of the country want a change”, for which the Opposition leaders are gathering here.
Anonymous alumnus gifts $18.6mn to IIT Bombay for green energy research
To be located within a state-of-the-art academic building on the IIT Bombay campus, the hub will focus on critically important areas like evaluating climate risks and developing effective mitigation strategies, climate change adaptation, and comprehensive environmental monitoring.
Ratan Tata receives 'Udyog Ratna' award from Maharashtra govt
India's top industrialist and philanthropist Ratan Tata was bestowed with the esteemed 'Udyog Ratna' award by the Maharashtra government in a noteworthy ceremony held at his residence here on Saturday.
'I got offer to join BJP', confirms MNS chief Raj Thackeray
Maharashtra Navnirman Sena (MNS) President Raj Thackeray on Monday confirmed that he has got an offer to join the Bharatiya Janata Party (BJP), but he has not yet taken a final call on it, here on Monday.
81 years after 'Quit India', Mumbai Police detain lone Gandhi descendant
Exactly 81 years after Mahatma Gandhi was targeted by the British Police on the Quit India Day, (August 9, 1942), his great-grandson Tushar A. Gandhi suffered a similar fate, here on Wednesday.
Ardhendu Bose, nephew of Netaji Subhas Chandra Bose passes away
A model and actor by profession, Ardhendu Bose was based out in 1970s Bombay where he started his career and starred in various Bollywood movies such as 'Cobra’, ‘Mera Yaar Mera Dushman’, ‘Vishkanya’ and Bengali films such as ‘Kalkut’.
Now, Edelweiss tries to 'conjoin' Nitin Desai’s death & NCLAT verdict
Under pressures from various quarters, the Edelweiss Financial Services Ltd (EFSL) has attempted to ‘connect’ a NCLAT verdict with the suicide of ace art director Nitin Desai -- both 24 hours apart.
Shiv Sena (UBT) to host Opposition I.N.D.I.A's Mumbai conclave on Aug 31-Sep 1
The Shiv Sena (UBT) will host the next conference of 26 National Opposition parties I.N.D.I.A. in Mumbai on August 31-September 1, party MP and Chief Spokesperson Sanjay Raut said here on Saturday.
Nitin Desai was sunk in financial morass, defaulted on Rs 250 crore loans
Acclaimed Bollywood art director Nitin Chandrakant Desai, who was found hanging in a case of suspected suicide this morning, was reeling under a financial crises with accumulated debts of over Rs 250 crore and insolvency proceedings initiated against him only last week.
Train bloodshed: Singh strangled colleague, snatched 'wrong' rifle; gets police custody till Aug 7
A witness and complainant in the Mumbai-Jaipur Superfast Express training bloodshed incident has revealed that the prime accused Chetankumar Singh, had tried to strangulate him, then grabbed an automatic weapon shortly before the killing spree.
RPF constable kills in-charge, 3 passengers on Jaipur-Mumbai train
In a running train horror, a disturbed Railway Protection Force (RPF) constable allegedly shot dead his immediate in-charge and three other passengers onboard Jaipur-Mumbai Superfast Express (No. 12956), officials said here on Monday.
RPF jawan kills colleague, 3 passengers in Jaipur-Mumbai train
In a horrifying incident, an angry Railway Protection Force (RPF) constable allegedly shot dead a colleague and three passengers onboard the Jaipur-Mumbai Express here on Monday.
States cling to clunkers, few execute junked vehicles disposal policy
Over two years after the Centre announced its Vehicles Scrappage Policy 2021 (VSP) with fanfare, a lot of ground needs to be covered in most states to implement it fully for the benefit of environment, employment and, revenue, say officials and industry players.
Saira Banu shares memories of Sanjay Dutt from 'toddler to an incredible person'
On his 64th birthday on Saturday, veteran actress Saira Banu shared some anecdotes about Sanjay Dutt and detailed his journey from a toddler to an incredible person he is today.
Rain, flood havoc: Extend ITR deadline, Maha consumer body plea to PM & FM
With just one official working day left (July 31), a consumer organisation has called upon the Centre to extend the last date for filing of Income Tax Returns for the financial year (2022-2023) to bring relief to the people, here on Friday.
Uddhav Thackeray: Time has come to verify BJP’s brand of ‘Hindutva’
Launching a scathing attack on the Bharatiya Janata Party, Shiv Sena (UBT) President and former Chief Minister Uddhav Thackeray said that the time has come to check the ruling party’s brand of ‘Hindutva’, here on Thursday.
My govt pulled down by crabs: Thackeray attacks Shinde group
In a stinging attack, Shiv Sena (UBT) President and former Maharashtra Chief Minister Uddhav Thackeray said that his government was brought down in June 2022 by crabs who were hiding in the dam and broke it.
Top auditor repeatedly caught in a maelstrom
Following the Bombay HC's directive, NFRA is preparing to determine its jurisdiction. Last Monday the top court dismissed a special leave petition filed by the audit firm, challenging Bombay high court's order, the publicly available court records showed.
Uddhav Thackeray-Ajit Pawar in face-to-face meeting, first after NCP split
Shiv Sena (UBT) President and former Chief Minister Uddhav Thackeray today paid a ‘courtesy’ call on Deputy CM Ajit Pawar – their first meeting after the latter split the Nationalist Congress Party, here on Wednesday afternoon.