City Kolkata Financial News

Reserve Bank of India on Monday announced decision to remove its supervisory restrictions on Sachin Bansal's Navi Finserv Limited following several rounds of interaction with the company for rectification of deficiencies. «RBI had several rounds of interaction with the company for rectification of deficiencies. Now, having satisfied itself based on company’s submissions, and in view of adoption of revamped processes, systems, and the company’s commitment to ensure adherence to the Regulatory Guidelines on an ongoing basis, especially for ensuring fairness in the loan pricing, the Reserve Bank has decided to lift the afore-mentioned restrictions placed on Navi Finserv Limited, with immediate effect,» said RBI in the statement. The central bank on October 17, 2024 had issued directions to Navi Finserv Limited, Bengaluru (and three other NBFCs), to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024.

ISKCON Bhubaneswar Vice President Tukaram Das on Sunday raised concerns over the safety of minorities and ISKCON devotees in Bangladesh. «Today, we organised a prayer meeting. The ISKCON Governing Body Commission has instructed our centres worldwide to hold such prayer meetings. We will recite prayers for the peace and prosperity of the world. We are deeply concerned about the situation of our devotees and other minorities in Bangladesh,» Tukaram Das told ANI. «We request governments across the globe to engage with the Bangladeshi government to resolve the matter peacefully. ISKCON has centres in every district of Odisha. We have over 100 centres, and each is conducting prayer sessions today. We firmly believe that everyone should coexist peacefully and happily,» he added.

RG Kar College and Hospital Sandip Ghosh allegedly helped two cartels in procuring hospital contracts, the agency has said in its recently filed chargesheet. The special court has taken the chargesheet on record but it is yet to take its cognisance because the West Bengal government has not provided sanction to prosecute Ghosh and other accused. Ghosh had resigned as the principal of the state-run institute on August 12 in the aftermath of the rape and murder of a trainee doctor on its premises. The CBI has named Ghosh, former House Staff of the medical college Ashish Kumar Pandey, and businessmen Biplab Singha of Maa Tara Traders, Suman Hazra of Hazra Medical and Afsar Ali Khan of Eshan Cafe, in the charge sheet.

Subscribe to enjoy similar stories. The Indian Premier League (IPL) triennial auction in Jeddah, Saudi Arabia, on 24-25 November had as much game strategy as you see on the cricket field. When the dust settled, 10 teams emerged with strengths as well as weaknesses, setting up a well-contested IPL 2025.

There was no causality. Officials said that the Dhaka-bound bus owned by Shyamoli Paribahan of Bangladesh carrying 28 passengers — 17 Indian and 11 Bangladeshi nationals — left Agartala on Saturday morning. When the bus reached Ashuganj (in Brahmanbaria), 31 km from the Agartala-Akhaura Integrated Check Post, a goods-laden truck tried to overtake it and the bus collided with an auto-rickshaw, leading to a commotion among the local people, the official said.

«We have issued a notification that from today till an indefinite time we will not admit any Bangladeshi patient for treatment. This is primarily because of the insults they have shown towards India,» said hospital official Subhranshu Bhakt. He urged other hospitals in the city to do the same as a mark of protest against the alleged atrocities on minorities in Bangladesh.

CBI) on Friday filed the first chargesheet against the accused persons in the alleged RG Kar financial irregularities case. The accused named in the chargesheet are: Dr. Sandip Ghosh, the then Principal, RG Kar Medical College & Hospital, Kolkata; Dr.

DLF Info City Developers (Kolkata) Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, the rental arm of DLF, has entered into definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP ( An affiliate of Primarc & RDB group), for Rs 637 crore. “This is reflective of the value embedded in our core assets created over the years with good quality tenant partners and asset management. It also demonstrates our commitment to continuously enhance shareholder value,” said Sriram Khattar, Vice Chairman & MD, DLF Rental Business. Kolkata Tech Park 1 is one of the largest IT Park in eastern India with gross leasable area of approximately 1.49 million sq ft.

money laundering case, the agency confirmed on Friday. The special CBI court granted 10 days custody of both the accused. According to ED, the duo are alleged to be involved in a chit fund scam, and is accused to defrauding the public by collecting deposits worth Rs 2,800 crore under false promises.

₹420 to ₹441 each. On Thursday, the company announced that it has raised ₹254 crore from anchor investors, just a day before the opening of its initial share sale for public subscription.The IPO of the Kolkata-based company includes an Offer for Sale (OFS) of 19,189,330 equity shares valued at ₹846.25 crore at the upper end of the price band.

Yellow Line, which will ultimately connect Barasat to Kolkata, a TOI report stated. Speaking at a meeting inside the airport metro premises on Tuesday, Metro Railway General Manager P. Uday Kumar Reddy reiterated the project's timeline, emphasizing that all efforts are focused on achieving the March 2025 target. Officials assured Reddy that trial runs along the 4-kilometer segment between Dum Dum Cantonment and Jai Hind station will commence as planned in December. The adjoining 3-kilometer stretch between Noapara and Dum Dum Cantonment had undergone test runs last year and received the necessary safety clearances from the Commission of Railway Safety (CRS). Phase I of the Yellow Line has since been extended to include the airport.

Godrej Properties will be in focus on Thursday after the company launched its qualified institutional placement (QIP) on Wednesday to raise up to Rs 6,000 crore by selling equity shares to investors, supporting its growth plans. Last month, the company's board approved the issuance of securities to raise the same amount. In a regulatory filing, Godrej Properties announced that the QIP Placement Committee had authorized the issue to open on November 27, 2024.

Kolkata Knight Riders (KKR) co-owner Juhi Chawla was represented by a ‘mystery girl’, her daughter Jahnavi Mehta at the IPL Auction 2025, held in Jeddah, Saudi Arabia. Jahnavi's appearance quickly became a trending topic on social media, with fans curious about her identity. Dressed in a white T-shirt and a dark velvet jacket, Jahnavi joined senior KKR team members as they participated in the bidding process. Her presence caught the attention of viewers, sparking widespread interest online. Many shared her pictures and videos, questioning who the young woman was.

Delhi Capitals (DC) for a hefty sum of Rs 11.75 crore. This comes after the Kolkata Knight Riders (KKR) opted not to retain the fast bowler, who was previously the most expensive player in IPL history following his acquisition for Rs 24.75 crore in the 2024 auction. Starc, known for his express pace and ability to thrive under pressure, had an impressive season last year, claiming 17 wickets, including five crucial scalps in the Qualifier and final matches. Despite his standout performance, injuries and international commitments hampered his participation throughout the season.

Mohammed Shami was sold to Sunrisers Hyderabad for Rs 10 crore in the IPL 2025 mega auction on Sunday at Jeddah. Kolkata Knight Riders and Chennai Super Kings were in the initial fight for the pacer. CSK pulled out at Rs 8 crore and Lucknow Super Giants entered the bid Rs 8.50 crore. However, when the bidding stopped at Rs 9.75 crore, SRH made their bid and the player was sold for Rs 10 crore. Shami represented Gujarat Titans in 2023, where he was the purple cap holder. The right-arm pacer missed the 2024 IPL season as he was recovering from an ankle injury sustained during the ICC ODI World Cup 2023. Despite his recent setbacks, Shami remains a formidable force, having bagged 127 wickets in 110 IPL matches at an economy of 8.43 runs per over..

Subscribe to enjoy similar stories. I have always enjoyed making booklists once a year, scanning award lists for old favourites as much as new authors . Nowadays the end of the year has me making a similar list for tea.

₹73 crore while KKR have ₹51 crore left in their kitty. Delhi Capitals retained players for IPL 2025: Delhi Capitals: Axar Patel ( ₹16.50 crore), Kuldeep Yadav ( ₹13.25 crore), Tristan Stubbs ( ₹10 crore), Abishek Porel ( ₹p4 crore)KKR retained players for IPL 2025: Rinku Singh ( ₹13 crore), Varun Chakaravarthy ( ₹12 crore), Sunil Narine ( ₹12 crore), Andre Russell ( ₹12 crore), Harshit Rana ( ₹4 crore), Ramandeep Singh ( ₹4 crore). DC, KKR IPL Auction 2025 LIVE Updates: Using the retention window, Delhi Capitals retained Rinku Singh Axar Patel ( ₹16.50 crore), Kuldeep Yadav ( ₹13.25 crore), Tristan Stubbs ( ₹10 crore), Abishek Porel ( ₹4 crore)DC, KKR IPL Auction 2025 LIVE Updates: Using the retention window, Shah Rukh Khan-led Kolkata Knight Riders retained Rinku Singh ( ₹13 crore), Varun Chakaravarthy ( ₹12 crore), Sunil Narine ( ₹12 crore), Andre Russell ( ₹12 crore), Harshit Rana ( ₹4 crore), Ramandeep Singh ( ₹4 crore).For Delhi, they have Hemang Badani as new coach in place of Ricky Ponting, who went to Punjab Kings.

Rishabh Pant offers will trigger a bidding war for him in Sunday's IPL mega auction in Jeddah and the wicketkeeper batter could smash the Rs 25 crore barrier, reckoned former India batter Suresh Raina. Kolkata Knight Riders shelled out Rs 24.75 crore to acquire the services of Australian pacer Mitchell Starc ahead of IPL 2024, the highest in the tournament's history so far, and Raina felt it could be broken this time.

Shreyas Iyer continued his red-hot form in domestic cricket as he smashed a blistering century for Mumbai during their Syed Mushtaq Ali Trophy opener against Goa at Hyderabad's Gymkhana Ground on Saturday.

Priyank Kharge visited the Uber display at the Bengaluru Tech Summit on Wednesday to check out Uber Shuttle, the newest offering in India from the ride-hailing app. The mobility platform executives gave a demo of how the app works and explained about how Uber Shuttle would help more people book their travel in larger vehicles like Shuttles and take their own private vehicles off roads. The mass-transit mobility solution is designed for urban commuters, featuring real-time tracking, digital payments, pre-booked seats, and air-conditioned pocket-friendly rides, running on fixed routes, Uber said in a statement. Uber India president Prabhjeet Singh was present during the demonstration.