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French words of wisdom: 'Don’t Sell the Bear’s Hide Before You’ve Killed the Bear' tells us to act when time is right and why patience mattersFrench proverb “Don’t sell the bear’s hide before you’ve killed the bear” offers timeless wisdom about patience, humility, and practical th...- French Proverb of the day: 'Good advice is often annoying, bad advice...' Life lessons on truth, human nature, honesty and why 'yes men' can lead to your downfallFrench Proverb of the day explains why honest feedback can feel uncomfortable while flattery feels pleasant. The proverb explores truth, hu...
- Market regulator bars Rajesh Mokashi from associating with Sebi-registered intermediariesFormer CEO of Care Ratings, Rajesh Mokashi, has been banned from associating with any Sebi-registered intermediary for two years after he w...
- ICICI Lombard launches key initiatives to help flood affected customers in ChennaiThe company said its key objective to set up the Fast Track settlement desk at its branches in Chennai was to extend every possible support...
- ICICI Lombard's InstaSpect settles over 10 lakh motor insurance claims since its launchThe feature has gained tremendous acceptance among motor insurance customers and reached the milestone of more than 1 million motor insuran...
- IL&FS COO N Sivaraman decides to quitL&T Group veteran, Sivaraman was appointed as the group's chief operating officer (COO) in November 2018. He was also heading the infrastru...
- Rating cos rally as IL&FS cloud lifts after Sebi’s actionShares of CARE Ratings rallied 39 per cent in the last five trading sessions.
- Regulator steps up pressure on Brickwork and CARE RatingsCARE Ratings has asked its managing director and CEO Rajesh Mokashi to go on leave.
- IFIN ex-CEO Bawa says LIC didn’t back Piramal’s IL&FS bidThe Piramal Group was close to take charge of the IL&FS Group in 2015 but the deal failed to take off.
- Funds blindly trusted rating agencies while investing in IFIN, feels SFIOFour rating companies had been involved in rating various instruments of IFIN during the period 2013-2018.
- Irdai asks insurers to make provisions for IL&FS exposureThe IL&FS group with a debt of over Rs 94,000 crore, has been defaulting on its financial obligations since August and has also borrowed fr...
- IL&FS mess: How gatekeeper rating agencies, auditors, analysts let you downCredit rating agencies ignored the rising debt levels at IL&FS group.
- There could be some liquidity crunch in system for short term: Mahindra AMC"We have no exposure to IL&FS and its group companies," Balasubramanian told reporters here.
- Saving the Titanic: India took control of IL&FS to avert "catastrophic" damage: GovernmentThe govt was forced to take control of IL&FS as it feared its collapse would cause damage to the economy.
- Govt 'closely' monitoring situation arising out of IL&FS default: Arun JaitleyJaitley's remarks come against the backdrop of defaults by an IL&FS group company triggering concerns of liquidity crunch among the Non-Ban...
- IL&FS independent of govt; capable of handling its issues: Subhash Chandra GargAlthough government has no holding in the company, some of the state-owned financial firms including LIC and SBI are shareholders of the NB...
- Practo, ICICI Lombard team up for an appThe application works in sync with Practo’s ‘Trinity’ technology to offer users cashless consultancy.
- Central Bank may miss March 31 target to sell Infrastructure Leasing & Financial Services stake"The complexity of this unlisted company is the biggest hurdle for its sale," a banker familiar with the matter told ET.
- Central Bank of India will exit IL&FS, sale could fetch Rs 3,000 croreThe bank has appointed Axis Capital, the investment banking arm of rival Axis Bank, to scout for a buyer for the holding in infrastructure ...
- Girish Nadkarni quits IL&FS to join AvendusThe high attrition rate in investment banking and broking segment of financial services market shows no signs of abating.
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