Paris: Defending champion Maria Sharapova returned to the French Open quarter-finals by beating 17th-seeded Sloane Stephens of the United States 6-4, 6-3 Monday.
The second-seeded Sharapova handled Stephens' strong serve well, accumulating 12 break points and converting four.
In 2012, Sharapova completed a career Grand Slam at the French Open, adding that trophy to ones from Wimbledon in 2004, the U.S. Open in 2006 and the Australian Open in 2008.
Sharapova has won all eight sets she's played so far this year at Roland Garros and will face No. 18 Jelena Jankovic or 54th-ranked Jamie Hampton in the quarter-finals....
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11:51 PM, Jun 03, 2013
Mumbai: Fed up with a profitable textile company's failure to repay its loan, UCO Bank has taken its grievance public, placing newspaper ads last month that brand the industrialist owner of S Kumar's Nationwide Ltd a defaulter. State Bank of India (SBI), Bank of India Ltd and Bank of Baroda are also preparing to name and shame corporate borrowers which are not paying them back, bank executives told Reuters. This...
09:05 AM, Jun 03, 2013
Paris: For the third time in three matches at this year's French Open, Rafael Nadal hardly looked himself for a set. Unlike in the first two rounds, Nadal won his opening set on Saturday, albeit barely. The takeaway, even after another victory, was the same: The owner of a record seven titles at Roland Garros is not the dominant force he usually is at the clay-court tournament. "If I want...
08:48 AM, Jun 02, 2013
New Delhi: Delhi police on Saturday arrested three persons for allegedly putting fake number plates on trucks to obtain loans from private finance companies on them. "Vinod Ram (54), Ricky Arora (28) and Amit Oberoi (34) were arrested from Garhi Nizam Pur village located at Jonti Nizam Pur Road," said Additional Commissioner of Police (Crime Branch) Ravindra Yadav. "A truck was also recovered from them on which they were putting...
02:58 AM, Jun 02, 2013
Paris: Sloane Stephens of the United States reached the French Open's fourth round for the second consecutive year with a 6-4, 6-7 (5), 6-3 victory Saturday over 92nd-ranked Marina Erakovic, who was penalized a point in the third set for getting coached. The 17th-seeded Stephens won the last three games against Erakovic, the first woman from New Zealand to get to the third round in Paris. A year ago, Stephens...
05:51 PM, Jun 01, 2013
Tokyo: Japan has given a loan of 71 billion yen (around $700 million) for the Mumbai Metro Line-III project. The exchange of notes was signed in this regard here on Wednesday in the presence of Prime Minister Manmohan Singh and his Japanese counterpart Shinzo Abe. "The two Prime Ministers welcomed the signing of the Exchange of Notes for yen loan totalling 71 billion yen for the Mumbai Metro Line-III project,...
05:59 PM, May 29, 2013
Mumbai: In a bid to curb demand for gold, the Reserve Bank on Monday imposed restrictions on banks and NBFCs for providing loans against gold coins as well as units of gold ETFs and mutual funds. "...it is advised that while granting advance against the security of specially minted gold coins sold by them, banks should ensure that the weight of the coin does not exceed 50 grams per customer,"...
10:40 PM, May 27, 2013
New Delhi: A Delhi-based couple was arrested from Kolkata for duping several banks by forging documents, police said Saturday. Kamal Kishore Shukla, 60, and his wife Shashi Shukla, 53 were arrested on May 15 from Kolkata. The duo had obtained housing loans from different banks against a single property in Vaishali area of Uttar Pradesh's Ghaziabad, adjoining Delhi, with the help of fake documents and had even sold the same...
11:26 PM, May 18, 2013
A 19 October, 2011 circular of the National Housing Bank says no penalty or fee for prepayment of home loans can be charged, provided the ...
10:16 PM, May 17, 2013
Washington: The California-based subsidiary of State Bank of India (SBI) has agreed to take a series of steps to improve its banking practices related to bad loans following a review by US regulators. The largest Indian bank consented March 6, 2013 to the orders of the federal and state regulators "without admitting or denying any charges of unsafe or unsound banking practices relating to the June 18, 2012, examination". The...
04:28 AM, May 09, 2013
New Delhi: Women's self help groups in the country would be provided bank loans at an interest rate of seven per cent from now on, Rural Development Minister Jairam Ramesh said on Monday. The scheme would be initially started as a pilot project in 150 districts and in rest of the states, 75 per cent of the cost would be borne by the central government and 25 per cent by...
05:06 AM, May 07, 2013
Delray Beach: American Sloane Stephens, ranked 16th, will open the Fed Cup World Group Playoff tie against 54th-ranked Sophia Arvidsson of Sweden at the Delray Beach Tennis Center on Saturday. The second match on Saturday features world No. 1 Serena Williams of the US against 66th-ranked Johanna Larsson of Sweden. On Sunday, Serena Williams will play the first match against Arvidsson, followed by Stephens taking on Larsson. The final match...
11:36 PM, Apr 19, 2013
Mumbai: Banks will continue to sell pledged shares of Kingfisher Airline and invoke all other securities till they get back the dues, SBI Chairman Pratip Chaudhuri said on Tuesday. State Bank of India is the leader of consortium of lenders to grounded airline Kingfisher. "We have given instructions to recover and enforce all the securities. Our intention is to sell everything...all means of recovery (will be employed)...nothing would escape. Till...
10:16 PM, Apr 16, 2013
Shajapur: Congress General Secretary Digvijaya Singh on Sunday slammed Gujarat Chief Minister Narendra Modi for making "tall claims" about development, and claimed that despite all talks of progress every citizen of Gujarat is burdened with a debt of Rs 26,000. "When Modi became Gujarat Chief Minister for the first time, the state had a loan burden of Rs 46,000 crore, but today it has risen to Rs 1.72 lakh crore,...
02:30 AM, Apr 15, 2013
uzlon Energy, which recast its loans in January, is hitting the overseas bond markets to raise USD 650 million to prepay its forex debts, making it the first domestic company under CDR to do so, according to company and merchant banking sources. ...
12:44 PM, Mar 24, 2013
What about loan recovery from those other than Kingfisher?, wondered its promoter Vijay Mallya while taking a dig at bank chiefs in his tweet for their "constant speak" to media on getting back dues from the grounded airline. ...
05:30 AM, Mar 20, 2013
Citigroup Inc has agreed to pay $730 million to settle a class action lawsuit on behalf of investors who said they were misled by the company's disclosures. ...
05:42 AM, Mar 19, 2013
A bank manager allegedly committed suicide inside the branch premises in Faizxganj Behta area, police said in Badaun on Monday. ...
12:40 PM, Mar 18, 2013
Himachal Pradesh's loan liability by the end of this fiscal (2012-13) is likely to be over Rs.28,513 crore, and the government plans to fix it by cutting "wasteful expenditure", Chief Minister Virbhadra Singh has said. "We will improve the financial health of the state by cutting wasteful expenditure," the chief minister told IANS. ...
05:09 AM, Mar 18, 2013
The Lok Sabha is likely to discuss the CAG report on the farm loan waiver scheme on Thursday. On Wednesday, the House was adjourned after repeated ruckus by the Opposition. Prime Minister Manmohan Singh had promised stringent action against defaulters. ...
10:34 AM, Mar 07, 2013
