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DHFL resolution: Lenders approve Piramal”s $ 5 billion bid

Its large lenders are SBI, including SBI Singapore with Rs 10,083 crore exposure. Others are Bank of India (Rs 4,125 crore), Canara Bank (Rs 2,681 crore), NHB (Rs 2,434 crore), Union Bank (Rs 2,378 crore), Syndicate Bank (Rs 2,229 crore), Bank of Baroda (Rs 2,075 crore), Indian Bank (Rs 1,552 crore), Central Bank (Rs 1,389 crore), IDBI Bank (Rs 999 crore) and HDFC Bank (Rs 361 crore). 
 

The company has also exposures from insurance companies including Life Insurance Corporation and New India Insurance which have already taken hits on the account by showing it as a non-performing assets… 

COVID-19: India records lowest fatalities in eight months

The number of people who have recuperated from the disease surged to 1,02,11,342 pushing the national COVID-19 recovery rate of 96.59 per cent, while the COVID-19 case fatality rate stands at 1.44 per cent.

The COVID-19 active caseload remained below 3 lakh.

Total speeds up renewables push with $2.5 billion investment in Indian solar power

Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy. It aims to have 35 gigawatts (GW) of gross renewable energy generation capacity by 2025 from around 9 GW now
“Our entry into AGEL is a major milestone in our strategy in the renewable energy business in India put in place by both parties,” Total CEO and Chairman Patrick Pouyanne said.

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