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IL&FS case: The latest arrests in India's largest financial scandal of 2018 are for alleged money laundering

Arun Shah was the Joint Managing Director of IL&FS Financial Services while K Ramchandra w…

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3 mins read

An Indian bank is still making the same mistake of hiding the worst and hoping for the best

To start with, Mumbai-based IndusInd’s profits fell by 62% in the fourth quarter compared to ₹9.5 …

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Top stocks to watch— TCS, Future Consumer, ONGC, Zydus Wellness, HDFC, IL&FS, Angel Broking, Sun Pharma and others

The Indian stock market is likely to open in red on Thursday, amid the weak sentiments from the glo…

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Indian pension fund says it won’t lend money to private companies

The credit crunch in the Indian economy is getting more acute by every passing day. The latest…

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12 mins read

Toons tell the top stories of 2019 ⁠— with a dash of sarcasm

However, it is important to mention that in the run up to the elections that governmen…

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3 mins read

Full text of Porinju Veliyath's latest letter to his investors

Though Nifty has held up, broader markets have shaved off 50% or more in this period. Close to 90% …

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14 mins read

Watching the Sensex can be misleading-- India's mid and small cap stocks have lost ₹2.4 trillion of investor wealth this year alone

The Sensex is up over 8% for the year but the stocks outside the blue-chip space have swung in exac…

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4 mins read

Six Indian blue-chip companies have declared earnings so far - most of them lack the 'markets mojo'

HDFC Bank, the latest among the blue-chips to declare its earnings, lost over 3% in share val…

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1 min read

Xiaomi Mi 11 premium smartphone to come with Corning Gorilla Glass Victus protection, says news report

Xiaomi says that the new-gen glass has 1.5x better drop resistance. It can also retain structu…

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3 mins read

From liquor sale amid lockdown to SBI cutting savings rate- here’s what you might have missed in headlines today

Following are the top business stories of April 7. India is the biggest manufacturer of hydroxy…

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India’s GDP growth is as bad as the worst estimates ⁠— as the economy slows down for the fifth quarter in a row

This is the fifth straight quarterly decline in the economy’s growth rate. The manufacturing…

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2 mins read

Top stocks to watch— Tata Group, Future Enterprises, RIL, Central Bank of India, DHFL, CARE Ratings and others

Amid the mixed cues from the global market, the Indian stock market is likely to open on a muted no…

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Top stocks to watch — IDBI Bank, PNB, Axis Bank, M&M, Embassy REIT, PVR, and others

Indian stock-market indices are likely to start on a stronger note on Wednesday, led by positive cu…

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3 mins read

Star Air Launches Non-stop Flight Services to Surat from Belagavi and Ajmer (Kishangarh)

This service is one of its kind as it will help thousands to travel, conveniently and affordably…

PTI   


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India’s central bank says that Yes Bank is no longer lying about its bad loans

The central bank signed off on Yes Bank’s financial statements for the year ended March 2018 in …

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4 mins read

What bothers Yes Bank does not bother its bigger peers as much

There has been a lot of fear around the health of Indian banks, including the large ones, for a whi…