Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
This was the companies' highest loss in two years.
NuPower will return loan with interest to consumer durables major by 2021
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper
'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
The code says the process is intended to balance the interests of all stakeholders and the resolution plan is also required to make a statement as to how it has dealt with these interests.
Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.
Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts
China Development Bank takes Reliance Communications to NCLT over loan default
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Amid lowering of bank deposit rates and falling yields from traditional investment vehicles like gold and real estate, investors are fast shifting to financial assets. The MF sector is emerging a clear beneficiary of this trend.