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Anti-recovery bid: Banks fear willful defaults

He is a worried man now. As the head of recoveries at a bank that's among the active players in the small personal loans business, he is scared that organised activism against recovery of overdue......

High wages, rates may hit bottom lines

Rising wages and higher interest rates were likely to hit corporate profits from the next financial year and might even rein in a four-year bull run on the stock markets, analysts said.In the last......

RBI may curb foreign banks' acquisitions

The Reserve Bank of India may place restrictions on the acquisition plans of foreign banks already operating in India through a branch or a subsidiary.According to a proposal, which is being......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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