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Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Reginald The Vampire Season 3: Everything we know so farSyfy has canceled Reginald The Vampire after two seasons. The series followed Reginald Andres, an unlikely hero in a world of vampires. Des...
India Inc revenues to rise 8-10 per cent in second quarter, profit margins to also expand: CrisilIndia's corporate sector is expected to see an 8-10% increase in revenues for the September quarter, according to Crisil, the ratings agenc...
Supertech twin towers to be demolished by May 22: Noida authority to SCRealty major Supertech Ltd February 28 informed the Supreme Court that the demolition of its twin 40-storey towers of its Emerald Court Pro...
Decks cleared for setting up of Bad Bank, SBI chairman says all approvals receivedThe National Asset Restructuring Company (NARCL) or what is popularly called a bad bank will help lenders in cleaning up their books by acq...
Edifice Engineering to raze Supertech twin towers in NoidaThe demolition firm has sought NOCs of different agencies with regard to transportation, storage and use of explosives, environment and pol...
Bad assets and bankruptcy code: Lenders recover almost half of Rs 1.43-lakh crore defaulting advancesMore than a fifth of these cases have gone for liquidation, while the rest are either under insolvency resolution process or resolved.
Now, truant companies may get green nod after paying upThe environment ministry under the draft proposes to have an Environmental Supplemental Plan (ESP) under which a group of experts may decid...
Mission clean-up: Banks to pull up loan defaultersA battery of bankers led by State Bank of India and ICICI Bank is going to grill the top management of companies on their repayment and deb...
Reserve Bank of India and banks brainstorm on how to stem the rising levels of bad loansThe maxim that weak bank stocks are cheap and longterm investors should buy them may not hold true for some state-owned banks, going by the...
RBI not to place restrictions against banks if NPAs rise due to cleanup of booksThis comes as a relief to the banks that were worried that RBI’s mandate to downgrade a chunk of loans given to errant borrowers would impa...
Banks can now change owners before NPA pileup; SBI & ICICI to play key role in turning around stressed cosRBI has allowed such loans, where ownership change is enforced, to be treated by banks as ‘standard assets’ which require no provisioning.
Bajaj Auto's commentary encouraging; stock price close to fair valuations: Mayuresh JoshiWithin the two-wheeler pack, TVS is something that we still continue to like, says Joshi. We might rework our numbers post Q1 earnings, the...
Hindustan Unilever's volume grows by 5%; tough competition and high inflation still pose a threatHindustan Unilever has proved the Street wrong and delivered an improved performance for the quarter through June. After dropping to a low ...
India’s drug regulator asleep on the job?India must move in the direction of the US where drugmakers comply with stringent norms on quality and crackdown on unethical marketing pra...
- Dabur Q3 net profit up 22% at Rs 211 crore
Net profit for the October-December quarter rose to Rs 211 crore from a year ago, the maker of Vatika hair oils and Real juices said on Tue...
- Dabur Q1 consolidated net profit up 19.1% to Rs 127.74 cr
firm Dabur on Wednesday posted a 19.1 per cent jump in consolidated net profit to Rs 127.74 crore for the April-June quarter.
- Welcome new price index
The revamped wholesale price index would cover about 900 items.
- Hindalco plant faces water shortage
The company has decided to cut water supply to residential colonies due to the crisis.
- Oudh Sugar net rises on high volumes
Expressing concern over the scanty rainfall conditions persisting in north India over the past 15 days, Oudh Sugar Mills (OSML) CMD CS Nopa...