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Tag: offer

RBI may offer more time for bank-led resolution of NPAs

RBI may offer more time for bank-led resolution of NPAs

Finance
The RBI is likely to adopt a more accommodative approach towards resolution of stressed assets when it issues a revised circular, replacing the controversial February 12 circular quashed by the Supreme Court. Sources said the major contention in the Resrserve Bank of India's (RBI) controversial February 12, 2018, circular, including the one-day default norm, that was challenged in the court leading to its quashing, will be done away with in the new circular. Instead, banks will be given 30 days time from the first default to identify and qualify an account as a bad debt (special mention account or SMA) and initiate a resolution exercise. Besides, the 180-day period given for completing the bank-led resolution will start only after an account is declared an SMA I thirty days from first defa...
Israel votes: Main rivals claim victory as exit polls offer mixed results

Israel votes: Main rivals claim victory as exit polls offer mixed results

World
By Sanya Burgess, news reporter Exit polls provided little clarity in the race to power in Israel's election - which could give Benjamin Netanyahu a record fifth term or see him dethroned by a centrist political novice.Despite contradictory exit polls, Mr Netanyahu's rival Benny Gantz was quick to claim victory, with his party saying: "We won! The Israeli public has had their say!" He was shortly followed by the incumbent prime minister, who claimed his own "clear victory". Image: Supporters of the Blue and White alliance wave flags as exit polls emerge The Kan exit poll showed Mr Gantz's Blue and White Party leads by one seat but that the Netanyahu-led right-wing bloc would still dominate, while Channel ...
Debenhams to 'carefully consider' Ashley loan offer

Debenhams to 'carefully consider' Ashley loan offer

Business
By James Sillars, business reporter Debenhams says it will give "careful consideration" to Mike Ashley's offer of a £150m conditional loan under his attempted coup.The struggling department store chain, which is in advanced talks with its banks on a rival £150m refinancing, cautioned that any loan from the tycoon's Sports Direct empire would also require the agreement of its own lenders and bondholders. Mr Ashley, who is the largest shareholder in Debenhams, last week called an investor vote to remove most of the board and install himself as chief executive.He fired several further shots in his battle to take personal charge on Wednesday.One was the offer of a £150m loan - interest free - but only if Mr Ashley is handed the top job. ...
Wikipedia search patterns offer insights into biodiversity, migrations

Wikipedia search patterns offer insights into biodiversity, migrations

Science
March 5 (UPI) -- By studying Wikipedia search patterns, scientists can gain insights into the distribution and movement of animal species. Researcher John Mittermeier, an ornithologist and PhD student at the University of Oxford's School of Geography and the Environment, first got the idea for mining Wikipedia pageview data while studying the online popularity of different animal species. Mittermeier decided to plot Wikipedia pageviews as a time series. "I chose a bird species to do this and as luck would have it I happened to chose a migratory bird, the indigo bunting," Mittermeier told UPI. "English language pageviews for the bunting show a conspicuous annual peak that I immediately recognized as coinciding with the spring migration of these birds in North America." When Mittermeier an...
Bob Arum planning offer to Errol Spence for Terence Crawford fight in 2019

Bob Arum planning offer to Errol Spence for Terence Crawford fight in 2019

Sports
DREAM FIGHT The promoter wants the elite welterweights to unify their titles later this year Terence Crawford’s promoter Bob Arum has revealed he is planning an offer to Errol Spence for a unification super fight this year. The Top Rank boss promotes Crawford (the WBO welterweight champion), while Spence (the IBF welterweight champion) is aligned to advisor Al Haymon and PBC. Terence Crawford is 34-0 (25 KOs) and #2 on talkSPORT’s pound-for-pound list Arum and Haymon are bitter rivals in the boxing business, however each possess one half of the best fight to be made in the welterweight division. Errol Spence’s next fight sees him take on Mikey Garcia on March 16, while Terence Crawford will return against Amir ...