The following are some of the comments in the RBI’s counter affidavit:The Petitioners cannot on one hand enjoy the benefit of a high interest rate/coupon rate by investing in such high-risk instrument and thereafter, in times of such failure, shift the onus of loss upon RBI”.“Prior to the advent of the financial difficulties of Yes Bank, the Petitioner and other bondholders of Yes Bank have reaped high financial rewards on the AT-1 Bonds.“Courts must be slow in interfering and exercising judicial review of the decisions of a private sector bank which are contractual in nature by issuing a writ.”“The whole purpose of writing-off the AT-1 Bonds is to ensure that the capital infused by the public sector i.e. SBI and other investors should not be diluted. The AT-1 Bonds are a liability and hence, the same should be written off for the effective implementation of the Notified Scheme, which is made in the interest of the general public and to regain the … [Read more...] about Banking Central: RBI ko gussa kyon aata hai?
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To answer that, they went to longtime National Geographic partner, and recent Academy Award-winning director Chin (Free Solo). Each film features a special guest. One, featuring pro climber and Olympic hopeful Brooke Raboutou, will air during ESPN’s SportsCenter. Country music singer Kip Moore stars in one airing during the CMA Best of Fest on ABC. And Chin is both directing and starring in one during National Parks: Yosemite on National Geographic. … [Read more...] about How Ford and Disney pulled off the most audacious prime-time product launch for the new Bronco
“The cash flow model is incredible,” said Adrian Hoffman, an owner of Four Star Seafood, in San Francisco, which over a single weekend in March rerouted its fleet of 13 fish trucks from high-end Bay Area restaurants to the home addresses of individual customers. Why not keep supplying them with special soy sauces from Japan, unusual oils and, on special request, eggs, Hoffman thought, for at least a portion of his trade? … [Read more...] about Coronavirus impact | Your kitchen can be as well stocked as restaurants now
Another official said low realisation is a critical issue for some subsidiaries but the problem is short lived. "Subsidiaries had been asked to rely on short-term loans from banks. Coal India does not have any plan for long-term borrowing through instruments like issuing bonds to tide over this crisis," he said. … [Read more...] about Coal India dues from state power gencos mount to Rs 22,000 crore amid tepid demand
Cannon’s foundation of learning both the performative and business sides of entertainment—at such a young age, no less—has been the fuel behind his ubiquitous presence on TV as both a host and executive producer. But as successful as The Masked Singer has been and for all the buzz behind E! Celebrity Call Center, neither are of Cannon’s invention. They’re both U.S. versions of popular shows from South Korea and the U.K., respectively. Even with Wild ‘n Out, where Cannon is both the creator and host, the show’s appeal largely rests on the rotating ensemble of musicians and comedians. … [Read more...] about Inside Nick Cannon’s plan to become the most powerful man in media