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BAD HAIRCUT COMPENSATION
Understand private credit: It may be a word you will soon hear more often in the stock marketsIt is called “shadow banking” for a reason. Private credit serves a purpose as it caters to borrowers who fall between bank underwriting st...- For bad haircut, lady asks for Rs 5.2 crore compensation from a reputed salon; Supreme Court orders Rs 25 lakh compensation for this reasonA woman sought ₹5.2 crore compensation from a salon for a bad haircut, claiming it impacted her career and confidence. After an eight-year ...
- Woman demands Rs 2 crore for ‘bad haircut’; after 7-year legal fight, Court orders ITC Maurya Hotel to pay Rs 25 lakhThe Supreme Court has ordered ITC's Maurya Hotel to pay Rs 25 lakh to model Aashna Roy for a "bad haircut". The woman had raised a complain...
- View: It’s bankruptcy that needs a rescue in IndiaThe 2016 insolvency law was crafted when the country was just starting to tackle what would eventually rank among the worst piles of bad lo...
- Consumer court awards woman Rs 2 cr compensation for a botched haircutA woman in Delhi has won a Rs 2 crore compensation against the ITC Maurya three years after a bad haircut and a botched hair treatment at t...
- Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management CoHuarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Exec...
- How one family rode the housing boom to dizzying heights and now stands accused of a range of financial crimesDHFL’s troubles started after a Cobrapost sting operation alleged in January that it had siphoned off money.
- Have asset quality woes really bottomed out for our banks?In the past, Indian insolvencies took longer to resolve than in any other major economy.
- Why India's bad bank backers are badly wrongGiven just how capital-starved some banks are, having them book steep upfront losses on sales would necessitate immediate consolidation or,...
- It is really tough being a private sector company in India: Naveen Jindal"Power projects faced NPAs because state utilities almost never pay on time"
- Tata Steel completes Rs 35,200 crore purchase of bankrupt Bhushan SteelTata Steel said Rs 1,200 crore will be paid to operational creditors of BSL over a period of 1 year as per their admitted claims and terms ...
- View: Indian billionaires behaving badly can be a force for goodAditya Birla Group firm has stumped lenders by proposing to buy promoters’ stake in Binani through a deal outside the bankruptcy process. T...
- Pay cut or layoff? A look at what India Inc CEOs think is betterHarsh Goenka, chairman of RPG Enterprises, said one has to pay top management as per market norms and fairness in salary is important.
- need2know: Seven triggers to take note of before you hit D-StreetThe C-GST, I-GST, UT-GST and the compensation law are likely to be introduced in the Lok Sabha today and could be taken up for discussion a...
- Should banks be given incentive to clean books?The incentive in cleaning up balance sheets is already there for bankers. If they do not clean up and the bank balance sheet continues to w...
- Haircuts: A way to address NPAs in banking systemA haircut is the difference between the loan amount and the actual value of the asset used as collateral. It reflects the lender's percepti...
- Punjab government wants banks to waive 25 per cent of Rs 20,000 crore loanThe central bank in February had ordered banks to classify the loans disbursed to Punjab government for procurement of foodgrains as bad lo...
- Rajan path vs Subramanian formula: Whose advice will Mr Jaitley follow in Budget 2016Resurfacing of systemic liquidity tightness in banks, debate on fiscal containment and confusion over the state of bank NPAs are driving un...
- Head honchos of brokerages like Geojit BNP Paribas and Edelweiss take salary cuts amid gloomy marketsHead honchos of some of the top brokerages have taken salary cuts in line with the decline in net profit amid gloomy stock markets and fall...
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