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Raj Thackeray grilled by ED in money laundering case

IMAGE: MNS chief Raj Thackeray at ED office in Mumbai on Thursday. Photograph: Sahil Salvi Maharashtra Navnirman Sena chief Raj Thackeray was on Thursday grilled by the Enforcement Directorate......

ED summons Raj Thackeray; MNS says political vendetta

The Enforcement Directorate has issued summons to Maharashtra Navnirman Sena chief Raj Thackeray in connection with a money laundering probe, evoking a sharp reaction from the party,......

7 big steps for Modi 2

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar. The people of India have given Narendra Damodardas Modi an unprecedented mandate. So what......

Going once, going twice, sold! Mementos gifted to Modi auctioned

About 1,800 mementos gifted to Prime Minister Narendra Modi since 2014 were auctioned at the National Gallery of Modern Art in New Delhi on Sunday. A painting of Modi at a railway station......

BJP wrestles with populism vs pragmatism debate in K'taka

Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important......

How RBI's tough rules impact audit companies

The central bank's tough new rules spell major changes in the competitive landscape for financial services audits, reports Sudipto Dey. Illustration: Uttam Ghosh/Rediff.com Irrespective of whether......

IL&FS case reveals what India's resolution mechanism is lacking

The infra-major going belly up cracked open some major flaws in the system — the most evident being weak corporate governance and how layers of corporate structures could be formed adding to......

IL&FS sells environment biz to pare Rs 1,200 cr debt

Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to......

'You never exit a portfolio'

'We will be looking to prune our portfolio to make GIC Re a healthier entity.' IMAGE: A General Insurance Corporation of India billboard in Mumbai. Photograph: Shailesh Andrade/Reuters With......

How IL&FS crisis has impacted non-banking finance companies

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......

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