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Top related persons:
Subrata Roy - 1 Roy - 1 Gursimran Kaur - 1 Maria Ponnezhath - 1 Shounak Dasgupta - 1 Sivaram - 1 El - 1 El Niño - 1
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Mumbai India New Delhi Kolkata Sahara London Bengaluru Vembanad
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REUTERS - 3 Thomson - 3 India Meteorological Department - 2 Sahara - 1 national cricket team - 1 New - 1 Grosvenor - 1 Force India - 1

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5 mentions found


☆ India's Sahara conglomerate chief Subrata Roy dies
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Sahara Group Chairman Subrata Roy gestures as he speaks during a news conference in Kolkata November 29, 2013. REUTERS/Rupak De Chowdhuri/File Photo Acquire Licensing RightsNov 15 (Reuters) - Embattled Sahara conglomerate chief Subrata Roy died on Tuesday due to cardiorespiratory arrest, the company said in a statement. Roy was admitted to a hospital in Mumbai on Sunday and died following complications arising from metastatic malignancy, hypertension and diabetes, according to the company. Roy, the founder and chairman of Sahara, was arrested in March 2014 for failing to attend a contempt of court hearing and was on bail since 2016. Reporting by Gursimran Kaur and Maria Ponnezhath in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
Persons: Subrata Roy, Roy, Gursimran Kaur, Maria Ponnezhath, Shounak Dasgupta Organizations: Sahara, REUTERS, national cricket team, New, Grosvenor, Force India, One, Bad, Netflix, Thomson Locations: Kolkata, Sahara, Mumbai, London, Bengaluru
☆ India on track for lowest monsoon rains in 8 years -sources
  + stars: | 2023-08-28 | by ( Rajendra Jadhav | ) www.reuters.com   time to read: +3 min
"El Niño dampened rainfall in August, and it will also have a negative impact on September rainfall," said a senior official at the India Meteorological Department (IMD). The weather department did not immediately respond to requests for comment. India is heading for its driest August in more than a century, weather department officials said earlier this month. The current monsoon has been uneven, with June rains 9% below average but July rains rebounding to 13% above average. The last four Septembers have seen above-average rains due to delayed withdrawal of the monsoon, he said.
Persons: Sivaram, El, El Niño, Rajendra Jadhav, Tony Munroe, Raju Gopalakrishnan, Alex Richardson Organizations: REUTERS, Rights, El, Reuters, India Meteorological Department, IMD, Reuters Graphics, Thomson Locations: Vembanad, Kochi, India, El, New Delhi, Mumbai
☆ Floods force Indian capital to shut schools, offices, and plan water rationing
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +3 min
[1/7] Men walk across a road flooded due to the high water level of the river Yamuna after heavy monsoon rains, New Delhi, India, July 13, 2023. Video footage showed submerged roads in the downtown area, where government and private companies' offices are located, with water half-way up the sides of parked cars. "Due to closure of water treatment plants, the supply of water will be affected by up to 25%. Flash floods in the state over the weekend brought down a bridge and washed away several clusters of hutments. Roads have been washed away during heavy rains in the mountainous Uttarakhand state, its chief minister told reporters on Wednesday.
Persons: Adnan Abidi, Arvind Kejriwal, Kejriwal, Krishna N, Shivam Patel, Simon Cameron, Moore Organizations: REUTERS, India Meteorological Department, Civil, Das, Thomson Locations: New Delhi, India, DELHI, Delhi, Himachal Pradesh, Haryana, Uttarakhand
☆ Formula One statistics for the Azerbaijan Grand Prix
  + stars: | 2023-04-26 | by ( ) www.reuters.com   time to read: +3 min
April 25 (Reuters) - Formula One statistics for Sunday's Azerbaijan Grand Prix in Baku, the fourth round of the 23-race 2023 world championship:Lap distance: 6.003 km. read moreThe street circuit made its debut in 2016 as the European Grand Prix. Daniel Ricciardo won for Red Bull from 10th on the grid in 2017 and Perez from sixth in 2021. Red Bull have been on pole in every race so far in 2023 and the last four in total. Aston Martin have had three successive podium finishes, a first for the Silverstone-based team in its many incarnations dating back to Jordan Grand Prix.
☆ Tightening liquidity may force Indian banks to compete harder for deposits
  + stars: | 2022-09-23 | by ( Swati Bhat Nupur Anand | Swati Bhat | Nupur Anand | ) www.reuters.com   time to read: +4 min
REUTERS/Anindito Mukherjee/FilesMUMBAI, Sept 23 (Reuters) - Indian banks may be forced to compete harder to boost deposits amid tightening liquidity and rising credit demand ahead of the festive season, analysts warned. "We think the real challenge is the gap between deposit growth and loan growth, as deposit growth is weak, at 9.5% YoY – a good 600 bps below loan growth," said Suresh Ganapathy, head of financials research at Macquarie. "Borrowing from the market to fund credit growth is just one of the ways and after a while it isn't sustainable. Rates for bulk deposits, or deposits of over 20 million rupees, are rising more rapidly than retail, highlighting banks' focus on raising more funds quicker. The incremental credit deposit ratio has already crossed 100%, suggesting that banks have started lending more than the total deposits they hold.
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