Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
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.
Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.
'Today, the BJP is using power in such a manner that they not only crush the Opposition, but even their own supporters can't rebel.'
Social changes take a "little time" and sometimes it is easier to bring a law but difficult to persuade society to change with it, the Supreme Court observed on Thursday while deliberating upon the issue relating to the dissolution of marriages.
On October 3, 2011, Pierre Sormany of Radio-Canada faced suspension after he reportedly posted false statements on Facebook implicating another broadcaster. Read on to know how your cyberspace activities could cost you your job and more.
From rising prescriptions to the pharma sales force back on the field with full vigour and companies finally finding their feet with the digital marketing strategies - Indian drug makers have shown that medicine sales is certainly a sunshine sector.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
'The trading community will be a priority for Modi when he forms the next government.'
Satish Kumar, a resident of Uttam Nagar and who used to work as a vegetable vendor in Keshopur Mandi, collapsed outside an Oriental Bank of Commerce branch, on Najafgarh road, while he was standing in a queue with his friends.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
Migrant workers are leaving Gujarat, PM Modi's home state, as they have no work.
In a landscape dominated by social media, everything begins to matter less for what it is than for how many likes or re-tweets it can generate.
India has the fourth highest number of malaria cases in the world.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
Jamida K is the first Indian Muslim woman to lead the Friday prayer.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Two people can be reasonably happy if they tried sincerely, says Love Guru.
No-Punchline humour reminds us how in our daily lives, we all are by turns 'The Corrupt Politician we criticise,' 'The Chauvinist Male we frown upon,' 'The Rule Breaker we deride through our Facebook posts,' 'The Communal Virus we so easily lampoon' and 'The Bad Artist we spoof.' In a land where the aforesaid prototypes are our major sources of 'funny,' is there an audience for the NPL kind of humour, asks Sreehari Nair.
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