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PTI
New Delhi, June 16, 2019
The Sebi probe had begun soon after the crisis came to light at IL&FS group last year, following huge defaults by various entities which together had a debt burden of over Rs 90,000 crore


BusinessToday.In
New Delhi, June 14, 2019
The new directions come at a time when the country is reeling under several debt defaults and rating downgrades


BusinessToday.In
New Delhi, June 14, 2019
SCO summit: PM Modi appreciates China for designating JeM chief Masood Azhar as a global terrorist; during PM Modi's meeting with Putin, both the leaders stayed away from discussing the controversial S-400 missile defence system deal with India


Reuters
June 13, 2019
After the government took over IL&FS, federal investigators began looking into one of its key financial units, IFIN, which was audited by Deloitte between 2008/09 and 2017/18, and by a KPMG affiliate, BSR & Associates, from 2017/18.


Rashmi Pratap
Mumbai, June 12, 2019
Of the 12.76 lakh units, the top eight cities, including Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Chennai and Pune alone account for 9.66 lakh houses


PTI
June 12, 2019



PTI
June 12, 2019



PTI
June 12, 2019



BusinessToday.In
June 12, 2019
The corporate literacy exam will be an online evaluation test comprising the basics of Indian company law, ethics, and capital market norms amongst other topics to be conducted by the Corporate Affairs ministry under the Modi government.


BusinessToday.In
New Delhi, June 12, 2019
Govt defends GDP numbers after ex-CEA Arvind Subramanian alleges overestimationGovernment has debunked claims by former Chief Economic Advisor Arvind Subramanian that India's GDP growth estimate has been exaggerated by 2.5 per cent. The Ministry of Statistics and Policy Implementation argued that due procedure has been followed in calculating the GDP estimates. In his recent research paper published at Harvard University, Subramanian had pegged actual GDP growth of India at around...


PTI
June 11, 2019
As per the report, a part of a loan disbursed to SIVA Group was used by the borrower to pay IFIN for the liabilities arising out of a debt syndication fee


Reuters
June 11, 2019
The corporate affairs ministry told a company law tribunal that the companies \"miserably failed\" to fulfil their duties as auditors for IL&FS Financial Services (IFIN)


Dipak Mondal
New Delhi, June 11, 2019
The charge sheet filed by SFIO in the IL&FS default case points to a criminal conspiracy by the top management to hide the worsening financial health of the company


BusinessToday.In
June 11, 2019
Share Market Update: Top index gainers in NSE pack today were Zee Entertainment, ONGC, YES Bank, Tata Motors and JSW Steel. Top losers of today's closing session were Indiabulls Housing Finance, Sun Pharma, M&M, Dr. Reddy and Tech Mahindra.


PB Jayakumar
New Delhi, June 10, 2019
Why is Ajay Piramal exiting the Shriram Group of companies in which he invested heavily only six years ago?


Prosenjit Datta
New Delhi, June 10, 2019
The RBI and finance ministry need to work together to fix the problem properly


Rashmi Pratap
New Delhi, June 10, 2019
NBFCs are facing asset-liability mismatches and undergoing a balance sheet adjustment. But they need more regulatory intervention, too


Aprajita Sharma
New Delhi, June 10, 2019
Fintech lenders will have to change their business models to survive the ongoing liquidity crisis


Anand Adhikari
New Delhi, June 10, 2019
India's banking engine is still to stabilise after RBI's drive to clean up balance sheets and the government's consolidation move even as new pockets of risk build up


Aseem Thapliyal
June 10, 2019
Rakesh Jhunjhunwala who held 5.72% stake or 5.07 crore shares in the firm at the end of March quarter is sitting on a profit of Rs 743.86 crore. 


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