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2 mins read
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…
2 mins read
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…
2 mins read
Investors lose over $600 million in a day in one stock as the management was more optimistic than cautious
The shares of IndusInd Bank slipped by over 7% at one point on Thursday after global investment b…
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 …
2 mins read
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…
3 mins read
Why India’s reliance on state insurance giant LIC to bailout troubled lenders is worrying
India’s regulators restrict investments by insurance organisations to a maximum of 15…
2 mins read
IL&FS has no option but to sell its profitable financial services unit as it tries to avoid bankruptcy
IL&FS is offloading a majority stake in its financial services subsidiary, IL&FS Finan…
3 mins read
Top stocks to watch – Mrs Bectors, RIL, Bharti Airtel, Vodafone Idea, IL&FS, InterGlobe Aviation, Future Group, Deepak Nitrite, Jubilant FoodWorks, and others
Indian stock markets could extend their gains on Thursday after the Nifty regained the 13,600 level…
1 min read
India's largest owner of road assets' shares jumped on news of company's prospective fund raising plans
IL&FS Transportation Networks, India's largest owner of road assets, jumped on news that the co…
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…
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…
3 mins read
Over 75% of shares owned by VG Siddhartha and other promoters in Coffee Day Enterprises were pledged with creditors-- and they are worth much lesser today
The pressure on Cafe Coffee Day founder VG Siddhartha was back breaking. Before he went missing on…
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…
3 mins read
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…
2 mins read
Home loans up to ₹20 lakh may get cheaper and easier
The central bank is hoping that these measures would revive demand for homes as well as for invest…
2 mins read
Cafe Coffee Day shares have lost ₹800 crore in value after founder VG Siddhartha goes missing
The Mangaluru Police suspect that the coffee baron may have jumped off the Ullal bridge on Mon…
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…