Nitin Desai suicide: Edelweiss Group chairman, 4 others booked for abetment

Raigad police in Maharashtra on Friday registered a criminal case against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide.......

Police find Nitin Desai's voice notes critical of creditor firm

In one of the voice notes found after his alleged suicide, Bollywood art director Nitin Chandrakant Desai criticised a financial services firm to which his company owed money, the police said on......

Role of creditors to be probed in Nitin Desai death case: Fadnavis

A day after renowned art director Nitin Desai was found dead, Maharashtra Deputy Chief Minister Devendra Fadnavis on Thursday said the role a private lending firm, from which Desai had taken loan,......

10 dead in Jharkhand mine cave-in, many still missing

Ten miners were killed and an unspecified number feared trapped when a massive mound of earth came crashing down on them at Lalmatia open cast coal mine of Eastern Coalfields Ltd on Thursday, the......

RBI imposes biz restrictions on Edelweiss

The Reserve Bank on Wednesday imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms on concerns over evergreening of loans. Photograph: Eieleien/Wikimedia......

The biggest challenge facing India Inc

The immediate concern for all companies is to prepare themselves - and their vendors and suppliers - for the new GST return filing mechanism, being test piloted from April 1. Illustration: Uttam......

Why banks want RBI to delay IndAS roll-out

They have cited higher capital for bad-loan provisioning, pending legislative amendments, and delay in finalising rules by the RBI as some of the reasons. Banks are seeking an extension for the......

Markets end flat amid consolidation; US jobs data eyed

  Benchmark share indices ended flat after gains in financials capped further downside while caution was seen ahead of the US jobs data later on Friday. The S&P BSE Sensex ended down 34......

Loan Default: Nitin Desai Lost Control Of Studio

Photograph: Kind courtesy Nitin Chandrakant Desai/Instagram Noted art director Nitin Chandrakant Desai, who was found dead on Wednesday at his studio in Maharashtra's Raigad district, had......