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RBI Approves DHFL Resolution Plan

RBI Approves DHFL Resolution Plan:- The Reserve Bank of India cleared the acquisition of the Diwan Housing Finance Corporation by Piramal Capital and Housing Finance. The group is pipped the USA-based management firm Oaktree after they placed a bid which is higher than the company last month. We understand that the RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the CoC told Piramal Group in a statement. The Indian public sector banks voted in favour of Piramal Group and their debt resolution plan for DHFL and they have paved way to rescue the housing finance company that is left bankrupt.

2 Pakistani Christians face death penalty for blasphemy charges

A woman holds a placard during a rally by dozens protesting the killing of the Governor of Punjab Salman Taseer in Lahore, Pakistan, January 8, 2011. Taseer was shot dead by one of his guards, who was apparently incensed by the politician s opposition to the blasphemy law, in Islamabad on January 4, 2011. | Reuters/Mohsin Raza Two Christian evangelists were charged with violating Pakistani blasphemy laws for allegedly offending Muslim sentiments and could face a death sentence if found guilty. Evangelists Haroon Ayub Masih Masih and Salamat Mansha Masih were preaching at Model Town Park in Lahore on Feb. 13, when they were approached by Haroon Ahmad, a Muslim, and gave him a book titled “Water of Life,” according to the United States-based persecution advocacy organization International Christian Concern. 

2 Pakistani Christians face death penalty for blasphemy charges

2 Pakistani Christians face death penalty for blasphemy charges
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