#Video Business Tit-Bits: The Trust We Lost
This rampant lying and collusion all around the economy has resulted in a severe erosion of trust, such that the Mint reports that bankers do...
Tag : NBFC
Business Headlines: Will Yes Bank become the next PMC?
The country’s fourth largest private lender Yes Bank is in the midst of a crisis. It is staring at a crisis of both trust and...
The Unending NPA SAGA
The loan melas, as the term goes indulge in politically induced and interfered lending by banks, which only result in bad loans and a build-up...
A year of ILFS
The mastermind of the ILFS scam is clearly Ravi Parthasarthy, its former CEO who fled India in June 2018, just before the scam was out...
Business Tit-Bits: A Bogus Image, A Giant Request
In September 2018, the giant ILFS fraud exploded, sending shock waves in India’s financial and capital markets. A year later, where does it stand, analyzes...
Business Tit-Bits: The Satyam that was not
While the takeover and change of management of Satyam was a quick and resounding success, it has not been so in the case of ILFS,...
The Satyam that was not
“With almost every bank and institutional lender having exposure to ILFS, its dangerous contagion effect would destabilise the entire banking and finance sector of India,...
Profit Mera, Loss Tera
The government finally accepts that the Indian economy is stressed out and sluggish and is in a slowdown mode. Wide-ranging discussions have been conducted by the...
DHFL defies debt default
DHFL recorded a loss of Rs.2223 crores for the March 2019 quarter, it is unable to repay its debt and it has no money to...
After auto sector, slowdown engulfs luxury segment
by News Desk
It all started with the slowdown in the real estate sector a couple of years ago, aided by the effects of demonetisation. The highly cash...