ARJAVA MEDIA: The Ministry of Housing and Urban Development Affairs is planning to fund eight new cities in India. Each city will get 1000 crore to build. Fifteenth Finance Commission has allocated ₹8,000 crore as a performance-based challenge fund for the incubation of eight new cities. The Ministry of Housing and Urban Development Affairs (MoHUA) […]
ARJAVA MEDIA: It is a heavily overpriced IPO with a PE ratio of 64 times as against the peer group average of 55.80 times. Then what is there for investors to earn after the listing? The picture is clear, investors will make nothing while the seller will take home 46 times more profit from its […]
ARJAVA MEDIA: “Banks have recovered Rs 14,131.60 crores from me against the judgment debt of Rs 6203 crores and I am still an economic offender. Unless the ED and Banks can legally justify how they have taken more than two times the debt, I am entitled to the relief which I will pursue,” Vijay Mallya […]
ARJAVA MEDIA: The decision will enhance credit accessibility for small and marginal farmers, who constitute over 86% of the sector. The Reserve Bank of India (RBI) instructed commercial banks to support the agricultural sector and address the farmers’ rising input costs by raising the limit of collateral-free agricultural loans, including loans for allied activities to […]
ARJAVA MEDIA: Banks recovered Rs 14,000 crore from Vijay Mallya while the Enforcement Directorate successfully restituted his assets to those who claimed them. Mallya took a loan of Rs 9000 crore from 19 Indian banks during 2009-2013 and ran away from India in March 2016 after realising his inescapability from fraudulent activities. Where is Vijay […]
Udaykumar