Infrastructure Leasing and Financial Services (IL&FS) Group expects to resolve over Rs 57,000 crore of its debt, which is more than 50 per cent of its overall debt of Rs 99,000 crore. Of this, th...

According to the company, in order to ascertain market interest and examine the feasibility of maximisation of value in an orderly and transparent manner, the board on Monday initiated the process of ...

These are gut-wrenching times for those who had in recent years scrambled to buy banking and financial services (BFS) stocks, many of which scaled the valuation charts only to bear the brunt of large-...

Debt-laden IL&FS on Monday said it has completed the sale of its 50 per cent stake in Gujarat International Finance Tec-City (GIFT City) to the Gujarat government, generating over Rs 32 crore for ...

Funds flow into equity mutual funds jumped over 31 per cent in October even as markets stayed volatile amid concerns that retail investors will press the panic button.Latest data released by the Assoc...

While net NPAs came down from Rs 99,236 crore to Rs 94,810 crore during the same period, the gross NPA ratio at 9.95 per cent saw a sequential drop of 74 basis points.During the quarter, while slippag...

HDFC on Thursday reported a 25 per cent rise in net profit for the September quarter with its bottomline boosted by the part sale of its stake in its mutual fund arm even as robust loan demand fuelled...

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Debt, and not equity, could well be “the author of all your pain”, to quote the steely villain of James Bond film Spectre. For the investor, this is the time to be cautious about debt funds, faced...

The mutual fund arm of the LIC will strengthen its internal systems to identify risks associated with investments in the wake of the crisis of IL&FS default.While LIC Mutual Fund has been able to ...