Sensex rises, snapping two-session losing streak; banks, auto gain.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
A corporate lawyer said that this is the biggest failure of corporate governance in this country. He pointed out that American investors can even take the bank to court for giving false statements to stock exchanges and even file class action suits. Some even questioned how RBI overlooked Kochhar's misdeed.
A round-up of results from the Ranji Trophy matches played on Sunday.
If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.
'That will affect the economy, employment, agriculture, and ultimately, youngsters, the working class and job opportunities.'
A round-up of all the Ranji Trophy matches played on Thursday.
A round-up of Day 3 of the Ranji Trophy matches played on Saturday.
Demerging print and TV news businesses will allow for separate investment by interested players.
Five of these have wound up since, according to records of the Ministry of Corporate Affairs
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
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The RBI has accepted the application withdrawal request, according to the statement.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
Bharti Airtel is the largest mobile phone operator in the country.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
The company will wait for sizeable user base for better valuation.
Summary of all Ranji Trophy matches played on Saturday
A glance back at some of the important ups and down Indian Inc faced in 2018.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
Deal to help RCom reduce debt, Sun gain subscribers in new markets
Telecom operators stressed that differential pricing for data is necessary for growth.
The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
US, China and Japan have no quotas for women and have had the lowest increase in female directors.
Industry body to write to commerce ministry, seek regulation for e-tailers.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
KPH Dream Cricket Pvt Ltd, the owners and promoter of the IPL franchise Kings XI Punjab, has filed a criminal complaint against its title sponsor, NVD Solar Ltd and its officials, for "cheating and duping" them of around Rs 14 crore which they were supposed to pay it as per the contract.
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
No respite in sight as not many big deals, initial public offerings in pipeline.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
India Inc expects the RBI to cut interest rates by early next year.
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