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Business  /  Published 16.06.19

IL&FS offenders face Sebi action

A large number of individuals and entities, including independent directors, top management personnel, rating agencies and auditors formerly associated with crisis-hit IL&FS, may soon face action ...
By PTI in New Delhi

Business  /  Published 23.01.19

Essar Steel resolution in final lap

...
By Sambit Saha in Calcutta

Business  /  Published 06.02.19

Allahabad Bank Q3 loss narrows to ₹733 cr in Q3

Allahabad Bank MD and CEO CH. S. S. Mallikarjuna Rao said the slippages have increased on account of the NPAs in the IL&FS accounts as well as the farm loan waiver announced in some states. There ...
By A Staff Reporter in Calcutta

Business  /  Published 08.12.19

Practical approach to fight bad loans need of the hour

Non-banking finance companies have been under pressure since the collapse of infrastructure lender IL&FS, leading to liquidity constraints in the sector as a whole. Hemant Kanoria, chairman of Sre...
By Sambit Saha in

Business  /  Published 20.10.18

HDFC Bank profit up 21%

HDFC Bank on Saturday reported numbers that were in line with expectations. Its net profit for the second quarter ended September 30, 2018 rose 21 per cent to Rs 5,005.73 crore on the back of a strong...
By Our Special Correspondent in Mumbai

Business  /  Published 27.08.19

What went wrong with the Indian economy

When finance ministers rise to make budget speeches in the Lok Sabha, it is not widely recognized that these are a compilation of paragraphs drafted by various departments of government and autonomous...
By Puja Mehra in

Business  /  Published 25.02.19

Shield for IL&FS accounts (and breather for banks)

The National Company Law Appellate Tribunal (NCLAT) on Monday said no bank or financial institution can declare the accounts of debt-ridden IL&FS and its group companies as non-performing assets (...
By Our Special Correspondent in Mumbai


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