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Mahatma Gandhi's great-grandaughter jailed for 7 years in a fraud case

Ashish Lata Ramgobin, the 56-year-old great-granddaughter of Mahatma Gandhi in South Africa, has been sentenced to seven years in jail by a Durban court in a six-million rand ($442,000) fraud and......

What will Indian politics look like post lockdown?

'If the virulence of COVID-19 has muted the toxicity of the BJP's communalism, it will be an example of good coming out of the pandemic,' notes Amulya Ganguli. IMAGE: Demonstrators at a protest......

Bank stocks, global markets lift Sensex by 139 points

ICICI Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by ITC, SBI, HCL Tech, Axis Bank, Bajaj Finserv and Tech Mahindra. NSE Nifty advanced 32 points to 15,856.05. The......

Don't be AFRAID of Bank NPAs!

Business failures rise when growth declines.When Indian growth slowed in the last decade, defaults increased.This is the normal working of the market economy, points out Ajay Shah. Illustration:......

SBI to auction two NPA accounts in Aug to recover dues of over Rs 313 cr

SBI will auction two non-performing accounts (NPAs) next month to recover dues of over Rs 313 crore, according to a notice by the lender. The two accounts to be put up for e-auction on August 6......

Profits: Govt banks ahead of private banks

Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal......

Vedanta arm is paying almost nothing for Videocon group: NCLT

The fair value of the Videocon Group was Rs 4,069.95 crore, whereas the liquidation value was Rs 2,568.13 crore. Photograph: Francis Mascarenhas/Reuters The National Company Law Tribunal (NCLT)......
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