Business Tit-Bits: The Tale of Two Lenders
As the Indian economy slowsdown consistently, so has been the case of lending by banks in India. A news report says that bank credit growth...
Category : Business Tit-Bits
Business Tit-Bits: Modiji’s Regulatory Overkill
One of the most catchy promises of Shri Narendra Modi in the 2014 elections that got him huge votes was minimum government and maximum governance....
Business Tit-Bits: Irrecoverable Tax Dues
The law of income tax and its implementation and administration in India, has always been dispute ridden. Not only is the law complex and never...
Business Tit-Bits: Frauds, Corporates and the Slowdown
India’s economic slowdown has coincided with receding fortunes of corporates and the collapse of many companies, who at one point of time were industry leaders/icons...
Business Tit-Bits: Ratan Tata and Cyrus Mistry’s Illegal Sacking
The unceremonious sacking of Cyrus Mistry as the Chairman of TATA Sons company marked the begionning of the legal battle between him and Ratan Tata....
Business Tit-Bits: Chinese Banks and Ambani Guarantees
Three Chinese banks are suing the brother of Asia’s richest man in a London court for failing to pay back $680 million in defaulted loans....
Business Tit-Bits: What’s The Way Out?
The slowdown in the growth rate continues. In its recent MPC meeting, the RBI sharply pruned its GDP growth forecast for FY 2020, from 5.9%...
Business Tit-Bits: The Negligent Deloitte
The findings of various authorities investigating the giant Rs.1.32 lac crore ILFS scam continue to shock us, as investigations in its affairs continue by various...
Business Tit-Bits: Revisiting Achhe Din
The Indian economy was in shambles in the run up to the 2014 elections. Misgovernance was rampant, alongwith high level corruption and faith in the...
Business Tit-Bits: The Window-Dressed SBI
In a recent mandatory filing with the stock exchanges, SBI has said that as per the Risk Assessment Report of the Reserve Bank, it has...