Anil Ambani led Reliance Communications will move to National Company Law Tribunal (NCLT) for Insolvency proceedings in order to repay 42,000 crore rupees to lenders. "The board noted that, despite the ...
The cultural change in how businesses work in the country is visible after the implementation of Insolvency and Bankruptcy Code (IBC). Earlier the lenders had to chase borrowers to ask back ...
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the nation’s economy and India witnessed the ‘Hindu rate of growth’. The problem ...
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the economy and gave ‘Hindu rate of growth’ to the country. The problem ...
It looks like the troubles aren't going to end anytime soon for either Congress or their new poster boy for petty politics, i.e. Navjot Singh Sidhu. Enraged by the blatant misinformation ...
Indian economy is all set to grow at a swift pace. The ‘twin balance sheet' problem, identified as the major reason behind low economic growth in the Economic Survey is getting ...
The corporate culture in India was rammed by corruption and nepotism for decades. The Government used to spoon-feed selected established corporate houses through public sector bank loans and if businesses then ...
On Friday the committee of lenders to Essar Steel accepted the bid of ArcelorMittal to purchase the debt ridden steel producer. ArcelorMittal is the largest steel producer in the world with ...
Of late, Congress president Rahul Gandhi has developed the habit of quoting or rather misquoting, some fairy tale concoctions of his own in his speeches with absolutely no evidence, facts or ...
India did not have a healthy corporate culture for decades. The Government used to spoon-feed selected established corporate houses through public sector bank loans and if businesses fail, public sector banks ...
In India, tax evasion and money laundering used to be as normal as doing business. The atmosphere prevailing was of ‘Matsya Nyaya’ where big fish eats small fish because justice was ...
Punjab National Bank (PNB) is one of the largest Public Sector Banks (PSBs) with huge Non Performing Assets (NPAs). Its market image was severely maligned due to the huge NPA problem ...
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