Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
12 Jun, 2026, 01.34 PM IST
Quote of the day from investing legend Howard Marks: 'You have to be prepared for when things go against you. You have to survive on the bad days' - Life and investing lessons from Mastering the Market Cycle authorHoward Marks, a renowned investor, stresses survival over maximum returns. In one of his famous quotes, he advises investors to build resil...
09 Jun, 2026, 12.12 PM IST
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
01 Jun, 2026, 10.07 PM IST
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
01 Jun, 2026, 04.16 PM IST
The billionaire shakedown: How India changed its 'default' settingsIndia's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering tril...
29 May, 2026, 02.59 PM IST
Up to 531% returns: 23 small & midcap multibaggers you might have missed in 2026Several small and midcap stocks have achieved multibagger status in 2026, offering substantial returns. Companies in sectors like fiber opt...
29 May, 2026, 09.34 AM IST
That sinking feeling: Rupee@100 is a mental fear, not macro nightmareThe rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of...
22 May, 2026, 12.54 PM IST
Michael Burry’s AI crash warning grows louder: Is Nvidia-driven hype and record venture capital funding pushing Wall Street toward another dot-com disaster?Michael Burry’s AI bubble warning is shaking Wall Street after fresh data showed 87% of venture capital funding now flows into artificial i...
19 May, 2026, 08.19 PM IST
Assuring credit is spread well, in timeIn a bold move to bolster the economy, the Indian government is injecting an additional ₹2.55 lakh crore in credit specifically aimed at sm...
06 May, 2026, 11.13 PM IST
RBI releases norms for banks holding non financial assetsThe Reserve Bank of India has released new draft rules. Banks can now hold specific non-financial assets only to recover bad loans. These a...
06 May, 2026, 12.38 AM IST
IndusInd is under lens over recovery incidentIndusInd Bank executives are now facing inquiries from law enforcement as two separate incidents of alleged assault by recovery agents over...
29 Apr, 2026, 12.37 AM IST
SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
28 Apr, 2026, 12.41 AM IST
Sun Pharma: How a small Kolkata trader became a global buyout artistSun Pharma, led by Dilip Shanghvi, is poised for its largest overseas acquisition, a $12.5 billion deal for Organon & Co. This move continu...
27 Apr, 2026, 02.24 PM IST
The rupee’s swing: When currency becomes the deal maker or breakerRupee volatility has become central to India’s distressed deals, driving stress for firms with dollar debt despite stable operations. Eleva...
10 Apr, 2026, 06.44 PM IST
View: FM’s policy of guaranteed loans to urban poor is superior to other welfare schemesAmong proposals announced by FM Sitharaman on Monday, an important element is the credit guarantee scheme to incentivise microfinance insti...
30 Jun, 2021, 10.51 AM IST
Government plans debt waiver for 'small distressed borrowers' under insolvency lawAs per the IBC, there are various thresholds for 'Fresh Start', including that the gross annual income of the debtor does not exceed Rs 60,...
18 Aug, 2019, 01.58 PM IST
Willful defaulters may have to pay higher rates, warns RBIConcerned over rising bad loans, the Reserve Bank today said it could consider making future borrowings more expensive for willful defaulte...
11 Dec, 2013, 04.30 PM IST