News That Matters

Tag: home

Chelsea 2-2 Arsenal: Perry Groves slams Frank Lampard’s ‘terrible’ team after home draw with ten-man Gunners

Chelsea 2-2 Arsenal: Perry Groves slams Frank Lampard’s ‘terrible’ team after home draw with ten-man Gunners

Sports
Perry Groves believes Chelsea have bigger problems than Arsenal after a ‘terrible’ performance against the ten-man Gunners at Stamford Bridge. The Blues boasted a numerical advantage from the 26th minute onwards, as their former defender David Luiz was sent off for the visitors. But Frank Lampard’s team could not make it count, as they twice surrendered the lead to be held to a 2-2 draw by their gutsy London rivals, who performed better with ten men than when they had 11. Getty Images - Getty Hector Bellerin scored a dramatic equaliser for Arsenal in his first start since December 5. The Spaniard was also handed the captain’s armband by Mikel Arteta It was a draw that felt like a defeat for Chelsea, with boos heard from the home supporters at the fin
Reliance Home investors plan more actions to recover dues

Reliance Home investors plan more actions to recover dues

Finance
MUMBAI: Some bond investors at Reliance Home Finance are considering multiple options, including a complaint to the regulator of audit firms, to ensure recovery of their outstanding investments after the stressed home financier was taken to the National Company Law Tribunal (NCLT) last week. Complaints to the National Financial Reporting Authority (NFRA), the regulator of CA firms, are likely to cite failures of Grant Thornton and PwC in spotting irregularities, market sources said. Investors have also demanded a copy of the forensic audit conducted by Grant Thornton. PwC was the statutory auditor of Reliance Home Finance. Both audit firms did not respond to ET’s queries. Investors are concerned that unless recovery efforts are stepped up, the remaining funds at the company may be ‘diverte
Forensic audit finds no fraud, fund diversion at Reliance Home Finance

Forensic audit finds no fraud, fund diversion at Reliance Home Finance

Finance
NEW DELHI: Reliance Home Finance on Sunday said an independent forensic audit, mandated by lenders, has found no fraud, embezzlement or diversion and siphoning of funds in the company that is seeking debt resolution. In a statement, the company said the audit made "no adverse findings" on the quantum and end-use of lending. As part of the debt resolution process, lenders of the company, which had defaulted on some debt repayment obligation following the crisis in shadow banking industry, appointed Grant Thornton in August 2019 for forensic audit, as required under the RBI guidelines on Prudential Framework for Resolution of Stressed Assets under change of control and management. The forensic auditors were specifically mandated by the lenders, as part of the Terms of Reference, to report on...
HDFC slashes home loan rate by 0.05 per cent

HDFC slashes home loan rate by 0.05 per cent

Finance
NEW DELHI: In line with the country's largest lender SBI, HDFC Ltd on Friday reduced the benchmark lending rate by 0.05 per cent, a move that will bring down interest rate for existing as well new borrowers. SBI earlier this week slashed in its external benchmark-based rate by 25 basis points to 7.80 per cent from 8.05 per cent. "HDFC reduces its Retail Prime Lending Rate (RPLR) on housing loans, on which its adjustable rate home loans (ARHL) are benchmarked by 5 basis points with effect from January 6, 2020," the mortgage lender said in a statement. New rates will now range between 8.20 per cent and 9 per cent, and the change will benefit all existing customers, it said. The rate cut by lenders come despite the RBI keeping its benchmark repo rate unchanged at 5.15 per cent in December mon...
Chris Packham says a dead fox was left outside his home

Chris Packham says a dead fox was left outside his home

Entertainment
Wildlife presenter Chris Packham, a staunch anti-hunting and anti-animal cruelty campaigner, has said that a dead fox was left outside his home.In a video on social media, he said he had found the animal outside his house in Hampshire on Monday. He said: "It appears that if you oppose the cruelty and illegality of fox hunting and those who club them to death, you don't just get social media abuse.""It seems that if you stick up for foxes, you get your comeuppance from people who still think it's a good idea to kill them."Packham's video showed a dead animal with what he called a "snare" injury - characterised by a dark mark around its body. Advertisement The presenter, who was awarded a CBE earlier in 2019,...