A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
2016 has just begun and the first festival of the year is already here. Makar Sankranti it is! On this occasion let's think about how to get our kites and CIBIL scores to soar high
It is a national economic problem and one that requires a political solution hand in hand with a clear government commitment to stand behind core national assets, says Vinayak Chatterjee.
Read on to understand the pros and cons of higher credit limit
State Bank of India is also expected to tap the markets this year
Sacrifice these common misconceptions to improve your credit score this Eid
To provide exporters/importers greater flexibility in risk management, RBI enhanced the limit available to exporters to 50 per cent
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
While you are busy making modaks and cleaning the house to welcome Ganesh, here's what you can learn from the Lord of Wisdom about money, says Rajiv Raj
.jpg)
The government on Tuesday announced hikes in import duties for gold and silver, but it has yet to unveil other details such as its plan to tax imports of non-essential items.
Private companies have been increasing their dividend payouts at a much higher pace than their public-sector counterparts, though some state-run companies are making huge payouts in absolute terms.
Top four consequences for you to keep in mind before you miss a mortgage payment
Who would have thought that tales of gods would sell in millions? But Amish, with his unique narrative vision, has captured the heart of the Indian reader
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.
Tata Steel and Tata Chemicals under investor watch
Participants are keenly waiting for the January IIP.
Banks are seeking an order that Mallya should appear in person before the court.
Asian shares ended higher after a string of positive US economic data.
A top-up loan could come to your rescue in an emergency. Here's why
Gandhiji inspired the nation to believe in their dream. He continues to be an inspiration to each one of us by making us believe in our dreams. Make that home loan work for you and don't give up till you sign on the dotted line for owning your dream home.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Stocks of companies having operations and exports to Europe were the top losers.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used? More importantly, what are those sins?
The entry of the deep-pocketed conglomerate is expected to heighten competition.
Singling out one key area where the Indian team was found wanting during its last tour to Australia, fast bowling great Jeff Thomson today said that the attack, spearheaded by Ishant Sharma, lacked in discipline.
Couples, who plan money together, stay together and get rich together!
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Banks have not cut rates yet as March is typically a busy season.
A six-point checklist to follow when lenders reject your home loan application.
Follow these tips to get ready to celebrate with sweets and kites with your friends and family in your new house next Pongal.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
A bad credit score in general is seen as an irresponsible behaviour of an individual. Inability to pay on time reflects that the person is not capable of take care of things.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances