Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

Raigad police in Maharashtra on Friday registered a criminal case against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide.......

Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

India's boycott of OBOR an unusual display of spine

The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from India's usual policy of going along with the crowd, observes Ajai Shukla.......

How Sasikala took control of Jaya TV from jail

Did Jayalalithaa, who was also in jail then, know about these transactions?N Sundaresha Subramanian reports. Sasikala, a confidante of former Tamil Nadu chief minister J Jayalalithaa, had bought a......

Zee-Sony merger: India's largest media company is all set to be born

The National Company Law Appellate Tribunal on Friday issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over the petitions filed by IDBI Bank and AXIS Finance against an NCLT order that......

Has India's 'Bad Bank' Worked Or Not?

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......

RBI proposes stringent norms for wilful defaulters

The Reserve Bank on Thursday proposed tighter norms for treatment of wilful defaulters under which banks and other lenders will be required to examine all accounts with outstanding amount of Rs 25......

Lessons To Be Learnt From Nitin Desai's Death

We must stop stigmatising business failures.Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support......