The 30-share index cracked 1,127.58 points, or 3 per cent, to hit an intra-day low of 35,993.64 Friday. It, however recovered most of the losses within minutes of the fall.

However, the indices later recovered on management of these companies allaying concerns over their financial position.

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

In his letter to the parliamentary committee, the celebrated economist Rajan listed out the key reform areas to prevent recurrence of the kind of bad loan that the system is currently grappling with.

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.

Brokers said weakness was seen in most Asian markets as investors were cautious amid fears of a possible escalation in the US-China trade conflict.

This development comes just 10 months after Paytm acquired a stake in CreditMate, a Mumbai-based fintech startup focussed on enabling its dealer partners to seamlessly assess, approve, process and distribute two wheeler loans to customers with no formal credit history.

In the FIR filed yesterday, the complainant alleged that Robert Vadra's Skylight Hospitality purchased 3.5 acre of land in Gurgaon's Sector 83 from Onkareshwar Properties at a price of Rs 7.50 crore, and later it sold this land to DLF for Rs 58 crore.

Being billed as the largest bond issued from a local authority, Amaravati Bond 2018, is meant to fund the building of the new state capital for Andhra Pradesh. The bond was listed on the Bombay Stock Exchange (BSE) on Monday.

If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.

With RERA having standardised the definition of carpet area, it is easy for buyers to compare developers and see what they are getting in terms of internal area, says Ashish Puravankara, Managing Director at Puravankara Projects Limited.

How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.

The RERA Act brought in transparency and accountability to real estate sector and boosted home buyers' confidence not just in Mumbai and the MMR, but across the country.

Those interested in applying for the posts will have to register for an online examination.  The selected candidates will subsequently be called for other stages of recruitment.

Affordable housing is picking up pace, thanks to proactive policies and savvy investors/developers. But sustaining the momentum is a tall order.

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?

The investment climate looks gloomy, but there are rays of hope.

Incorporated in 1987, IL&FS was ex-Citibanker Parthasarathy's brainchild and was initially promoted by the Central Bank of India, Housing Development Finance Corporation Limited and Unit Trust of India (UTI).

The IPO is available at a price band of Rs 1,095 to 1,100 per share. The issue size comprises 2.5 crore equity shares which includes 8,59,2,970 (4.08 per cent stake) equity shares by HDFC Ltd and 16,864,585 (7.95 per cent stake) equity shares by Standard Life Investments.