Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu. IMAGE: Paytm founder and CEO Vijay Vijay Shekhar......
A majority of India's billionaires gained wealth in the last one year despite the stock market decline and they continued to splurge on life's luxuries. Image: Reliance Industries chairman Mukesh......
Companies write off investments, shed assets as initial projections go haywire Many Indian companies are staring at huge losses on their mega investments abroad, prompting quite a few to write off......
Image: Prime Minister Narendra Modi presenting a reproduction of telegram sent by USA to the Indian Constituent Assembly in 1946, to the US President Barack Obama, in New Delhi . Photograph: PIB......
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones State Bank of India chairman Pratip Chaudhuri might be confident that lending rates would not increase......