Why Sunil Godhwani's exit is a big blow to Religare

Godhwani exit comes at a time when the company’s fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian. Sunil Godhwani, who oversaw the......

Govt helps Air India avoid default, refinances Rs 700-cr NCDs

The airline had raised Rs 700 crore from the debt market through a non-convertible debenture issue and the same was up for interest payment or redemption on Thursday. The government has come to......

RIL may be lone bidder for JBF Petrochem

Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. Photograph: PTI Photo......

Lessons To Be Learnt From Nitin Desai's Death

We must stop stigmatising business failures.Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support......