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.

Xiaomi launched its new Redmi series last week and one of the three new smartphones will go on sale for the first time in India today. The device sits between both Redmi 6 Pro and Redmi 6A that were launched alongside the Redmi 6.

Comprising Redmi 6A, Redmi 6 and Redmi 6 Pro, the new smartphones will be available on Xiaomi's website and Amazon India.

Xiaomi launched the Redmi 6A, Redmi 6, and Redmi 6 Pro in India at different price points with budget users, average users and power users in mind.

Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.

BJP was seen as a party which opposed liberalisation or reforms. However, in his tenure as the prime minister, Atal Bihari Vajpayee emerged as more of a reformist.

The strong earnings took the stock to its all time high of 1,093 level in trade yesterday. The large cap stock gained 7.38% during the last one month outperforming the Sensex which gained 5.78% during the same period.

The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?

It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.

The Insolvency and Bankruptcy Code can lead to huge job losses in the short to medium term as many companies, including some big names, face liquidation.

The mid cap stock which stood at Rs 481.60 on August 3 last year closed at 4,348 level on Thursday. That is an astonishing 793% gain in one year.

Since its inception in 2013, Huami has quickly established its global market leadership and brand recognition in the smart wearable segment.

The National Company Law Tribunal (NCLT) gave its approval to the consortium of JSW Steel and AION Investments Private II Limited to acquire cash-strapped Monnet Ispat and Energy Limited on Thursday.

The panel, which was set up to study the feasibility of an ARC/AMC for faster resolution of bad loans, has suggested a five-pronged strategy that includes -- SME resolution approach, bank-led resolution approach, AMC/AIF led resolution approach, NCLT/IBC approach, and asset-trading platform.

The committee favours banks and overseas investors funding for the bad bank. The proposed 'bad bank' should also appoint experts from outside to tackle the stressed assets issue, suggests the panel.

The government is also, at best, lukewarm to the idea of an asset reconstruction company (ARC) to take over the public sector banks' toxic loans as it's not keen on diverting more of taxpayers' money toward their resolution in this manner.