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First big bankruptcy success hands $5.2 bn to bankers

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Mon, May 21, 2018 | 05:18 PM IST

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First big bankruptcy success hands $5.2 billion to bankers

More than $15 billion of steel assets are up for auction, according to S&P, part of the $210 billion of stressed assets estimated to be held by Indian banks.

Adani, Tata, Mahindra and a Chinese firm fight for the best seat in this bus

India's huge public transport sector will offer a bonanza for electric bus makers as more and more cities shift their...

The petrol pump is turning into a factor Modi can no longer ignore

The next Lok Sabha elections being less than an year away, continued rise in prices can spell political damage for th...

India successfully test-fires BrahMos supersonic cruise missile

The trial was conducted to validate its "life extension" technologies developed for the first time in India by DRDO a...

Birthday kid Uber Eats wants to grow up fast, doesn't want to follow elders
For Uber, hit by multiple crises across markets, the food-delivery business has been a rare bright spot. In India too it is off to a good start. But its future rests on its ability to stave off familiar problems built into the way it does business.
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MSME sector – panacea of all ILLS
Overall bank credit to the Micro & Small Enterprises (MSE) has increased at a CAGR of 15.2% from INR 2.5 trillion in FY08 to INR 9.0 trillion FY17.
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RBI's fresh guideline to boost MSME sector post GST implementation

TransUnion CIBIL has attempted to ascertain the benefit of the guideline by identifying who are the impacted MSME borrowers.

Wanted to become king through people's mandate Wanted to become king through people's mandate...
HD Kumaraswamy, CM-elect, Karnataka
Latest Updates
After Bhushan Steel, Tata Steel is in fray for Bhushan Power

Promoters find it difficult to lose an asset that they had created but Tata Steel followed due process...

Are you getting lured into assets that can make money disappear?

Average Indian saver places his money in deposits with banks or post offices or the govt....

IT Ministry may firm-up package of measures to boost electronics exports by June

These set of measures will aim at improving the ease of doing business and removing impediments faced by companies in...

India's GDP growth in Q4 of FY18 seen at 7.4%: Icra

The Central Statistics Office (CSO) is scheduled to come out with GDP estimate for the fourth quarter (Q4) of fiscal ...

Market Watch 21 May | 05:18PM|
SENSEX NIFTY USD/INR GOLD
34616.13
-232.17
10516.70
-79.70
68.12
0.11
30975.00
-116.00
MARKET NEWS
10 wealth-creation ideas from top brokerages for next 3 weeks

Many analysts feel any dips in this market should be used for picking stocks....

Sell in May and go away: This time maybe you should give it a serious thought

At current levels the market is looking toppish, experts seem to think. 'Sell in May and go away' may not work always...

Gainers Losers 21 May, 2018, 05:18PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
DB Corp 265.45 6.12 4753 275.00 237.50
Bank of India 98.20 5.31 1406196 99.90 94.85
Punjab National Bank 78.20 4.62 2567782 78.80 75.30
Canara Bank 245.85 4.39 622887 249.60 235.35
Union Bank of India 86.95 4.38 642352 89.00 83.40
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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18% tax on non-performance? Planned GST tweak is making MNCs uneasy

The proposal has made multinationals, especially those executing infra and mining projects, jittery and it could have...

Your MF scheme may have changed, here's what happens to your money now

From new categorisations to merger of schemes to change in mandates, funds are undergoing several changes. It may be ...

Free run of India's most elusive defaulter could hit a dead end soon

UAE has finally allowed its banks to hand information over to India about Winsome Group, a top defaulter which owes R...

Walmart take note, Amazon India valued at $16 billion

India has emerged as the most-valuable emerging market retail segment, which is altogether valued at $44 billion in t...

Hero not my hero: Yes Bank adds a whole new twist to the Fortis story

This is the first time a key shareholder has decided not to take the Munjal-Burman offer as the final one. The fate o...

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