The profits were higher as fresh steel making capacities based on the electric arc furnace (EAF) route came on-stream globally and domestic steel makers pushed up production in under used plants, HEG said.

The bank sold its stressed assets on a full cash basis in two separate transactions. Loans to a pool of 12 companies, including GVK Gautami, GMR Rajahmundry, Monnet Power and Coastal Projects totalling Rs 2,335 crore sold in August for Rs 621 crore.

China's crackdown on polluting steel plants helped HEG's graphite electrode business grow more than nine times.

The market cap of BT 500 companies rose 23.4 per cent during 2017/18, but things could get difficult going ahead.

The stock fell to 168.60 intra day down 15% from its previous close of 198.35 on the BSE. It fell nearly 2 points short of reaching its 52-week low of 166.15 hit on September 28, 2018.

The lending environment is still challenging. The corporate are still to get into the expansion mode to borrow from banks.

Bigg Boss was first aired on Sony Entertainment TV in 2006.

Lessons from the failure of some of India's biggest business names.

The new device is placed in Xiaomi's best-selling smartphone series in India and comes with the same value for money proposition as its predecessors.

The Reserve Bank of India has refused to be part of a high-level committee headed by the Cabinet Secretary which was constituted to resolve stress in the power sector as it is not willing to relax norms to deal with bad loans.

Axis Bank has been in news for all the wrong reasons in the last one year from deteriorating asset quality, leak of financial results, non-compliance with its asset classification norms, to falling stock price.

The former RBI governor reportedly said that banks extended more loans to prevent 'zombie' loans from turning non-performing assets.