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BT Online
October 12, 2017
The apex court also directed the Maharashtra Police chief to ensure that the property is handed over to the liquidator within 48 hours.
BT Online
New Delhi, October 3, 2017
On Monday, Anil Ambani-led RCom further expanded its board by adding four new members. The company has also presented an alternative plan for debt reduction by selling company's real estate, tower and fibre business.
BT Online
October 3, 2017
Reliance Communications on Sunday called off its merger talks with Aircel citing 'legal and regulatory' delays. Anil Ambani-led RCom presented an alternative plan for debt reduction by selling company's real estate, tower and fibre business.
Adhil Shetty
New Delhi, September 29, 2017
The discounts, reward points, convenience and cashbacks make online shopping attractive. Don't give into temptations and keep these things in mind to avoid a debt trap.
Nevin John
September 27, 2017
So much water has flowed under the bridge for the Ambanis in the last one year. Anil Ambani, on Tuesday at the Reliance Capital annual general meeting (AGM), termed falling wireless telephony rates as "creative destruction" and not a "disruptive factor"
Nishit Dhruva
September 25, 2017
The Real Estate and construction business inherently requires the investment of capital on a large scale. In Tier-I cities such as Delhi and Mumbai, this is magnified on account of the scarcity and high cost of land.
PB Jayakumar
New Delhi, September 25, 2017
In fiscal 2017, gold loan companies saw return on assets zooming to over 4 percent from around 2.5 percent for fiscal 2014.
BT Online
September 25, 2017
The Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) are reportedly planning to chargesheet the fugitive businessman Vijay Mallya for allegedly transferring a big chunk of Rs 6,027-crore loan he took for his now-defunct Kingfisher Airlines to shell companies in seven countries.
BT Online
New Delhi, September 12, 2017
Earlier in July, the highest court had asked the Sahara chief to deposit Rs 1,500 crore in the SEBI-Sahara account by September 7. However, Subrata deposited only Rs 533.20 crore.
PTI
New Delhi, September 11, 2017
Holding big defaulters responsible for higher NPAs of banks, Finance Minister Arun Jaitley said that recovery of money from these "big people" has become a "big challenge".
BT Online
September 6, 2017
"In the primary raise, the money will be spent on setting up LED TV capacity in Tirupati, expansion of our backward integration of lighting business, debt repayment, IT infrastructure and the rest will be used for general corporate purposes," Dixon Technologies Managing Director Atul B Lall said.
BT Online
New Delhi, August 30, 2017
Videocon Industries and Jaiprakash Associates are the two biggest defaulters on the second list referred to the National Company Law Tribunal by the Reserve Bank of India.
Mail Today Bureau
New Delhi, August 21, 2017
As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31 this year, straining its balance sheet and limiting its capacity to extend loans to genuine investors.
BT Online
August 14, 2017
Big corporate houses such Tatas, Godrej, Adani and Patanjali apart from real estate developers including Omaxe and Eldeco have shown interest in buying Sahara group's 30 properties. But there's no knowledge if these companies will also bid for Aamby Valley.
PTI
New Delhi, August 10, 2017
The auction process will go on according to the schedule and can be stopped only if Subrata Roy deposits Rs 1,500 crore into the SEBI-Sahara refund account by September 7.
BT Online
New Delhi, August 9, 2017
Sahara Group's counsel Kapil Sibal urged the Supreme Court to push back the date for publication of sales notice for Aamby Valley auction and give some time to review their repayment plan.
Sunil Sharma
August 8, 2017
There are hosts of insurance products available to meet such needs. Equally important is the amount of sum assured. Unlike developed countries, most Indian don't pay much attention to having an adequate insurance cover.
Sunil Sharma
New Delhi, August 5, 2017
As per the available public data, life insurance accounts for only 19 per cent of total household savings. Further, life insurance penetration in India is merely 2.72 per cent compared to 3.74 per cent in Asia and 3.99 per cent in Europe.
Naveen Kukreja
New Delhi, August 2, 2017
Some of the major reasons behind low penetration of used car loans are lower market-share of organized players, complicated procedure, and inferior product features.
PTI
July 28, 2017
HRD Minister Prakash Javadekar on Friday received rare praise from the Opposition in the Lok Sabha for bringing a bill which seeks to usher in functional autonomy in the Indian Institutes of Management (IIMs) by restricting the government role.
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