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FINANCIAL RECOVERY
- Bajaj Finance, L&T Finance poised to benefit as NBFC earnings recovery broadens: Siddhartha KhemkaIndia’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, ...
German insurer Allianz weighs $6.77 bn takeover of AA roadside rescue giant: ReportGermany's Allianz is reportedly considering a significant takeover bid for the British breakdown recovery group AA. This potential deal is ...- Techie’s salary rose from Rs 3.5 LPA to Rs 40 LPA, but day trading cost him Rs 50 lakh; now plans to sell 2 acres of landAfter landing a lucrative tech job with an annual salary of Rs 40 lakh, a professional ventured into day trading, lured by a Telegram chann...
- 99.97% haircut? How the scissors worked in the Subhash Chandra caseNCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claim...
- NBFCs enter new cyclical recovery, PAT seen rising 24% in FY27: Motilal OswalNon-banking financial companies are entering a new cyclical recovery phase. Loan growth and asset quality improvements are expected to driv...
- How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 croreThe NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...
- 8th Pay Commission calculator: Why central govt pensioners seek 15-year commuted pension rule change8th Pay Commission latest news: Pensioners under the central government are advocating for a quicker restoration of their commuted pensions...
- Persistent Systems’ strong deal wins boost outlook, acquisition costs pose riskFollowing a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the...
- Banks, FIU-IND work on sharper framework to flag money mule accountsBanks are enhancing suspicious transaction reporting for money mule accounts. They aim for better analysis and pattern identification by th...
- Bitcoin’s ‘Uptober’ test: Will August’s rebound turn into a lasting rally?Bitcoin's sharp rebound from its July low has revived hopes of an ‘Uptober’ rally, but analysts say sustained ETF inflows, institutional de...
- HDFC Bank mulls NCLAT appeal over Subhash Chandra insolvency orderHDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent ha...
- Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against himMedia baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any len...
- 'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's Rs 6.5 crore payoutThe NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drast...
- Rs 22,006 crore claims, Rs 6.5 crore payout: NCLT clears Subhash Chandra planThe insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore c...
- Burnout employee quits job without a backup plan. ‘Go on a trip,’ suggests RedditAfter experiencing profound burnout and anxiety, an employee decided to step away from their job. Fellow Reddit users chimed in with storie...
- Cyient shares rocket 8% after investor day, but brokerages see up to 24% downside. Here’s whyCyient shares jumped 8% after the IT services company outlined its growth and margin roadmap at its investor day. Management is targeting d...
- Assam floods: CM Sarma meets Shivraj Chouhan as Centre clears 3.86 lakh houses, Rs 140 cr aidUnion Minister Shivraj Singh Chouhan has thrown substantial support behind Assam's flood recovery efforts, unveiling key financial assistan...
- Assam: 19 children rescued, 3 arrested in Namsai child trafficking probeNamsai Police have recovered nineteen children and arrested three alleged facilitators. Economically vulnerable families were approached wi...
- Emami well-placed to tap rural recovery, premiumisation trends: Chairman S GoenkaEmami anticipates benefiting from rural demand recovery and urban premiumisation trends. Favorable monsoons and rising affordability are re...
- Delhi Lakshmi Yojana: Ineligible beneficiaries to face aid stoppage, recovery of duesDelhi's Lakshmi Yojana is designed to assist women between the ages of twenty-one and sixty with financial resources. Ongoing applications ...
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