The Congress on Sunday accused those sitting in the highest echelons of power in the Narendra Modi government of complicity, collusion and connivance in what it described as "India's biggest bank......
A Delhi court on Saturday declined to hear the bail plea of a policeman, one of the four accused arrested for illegally retrieving call details of Bharatiya Janata Party leader Arun Jaitley, saying......
Disappointedat the clean chit given to Congress leaders in the government's action taken report on Nanavati commission report, an association working for the 1984 riot victims demanded the......
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay. IMAGE: Kundapur Vaman Kamath, former ICICI CEO......
The financial sector is beginning to bear the brunt of deteriorating quality of corporate debt. The corporate debt restructuring mechanism set up to help companies unable to repay liabilities has......
Banks to get more aggressive and act like PE investors The government and the Reserve Bank of India (RBI) could introduce a gradation system in loan restructuring to deal with bad debts. All......
It is a tough call for investors in a company that is getting into corporate debt restructuring. On the one hand, there is a sense of relief because the company will get more time and, most likely,......
A front-page item in the June 14 edition of this newspaper ("Infrastructure companies' debt woes worsen") indicates that the debt burden of several Indian infrastructure companies has risen to......