Ashish

Articles by Ashish

Email : editor@ibtimes.co.in

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS mayhem swept off 12.5% of mutual funds wealth; AUM dropped to Rs 22.04 trillion

The numbers show that the mutual fund (MF) industry has lost 12.5 percent or Rs 3.16 trillion worth of investment in the single month.

Oct 9, 2018

E-commerce giants create lakhs of jobs in India for sale season

The companies have given an impetus to their hiring spree with around 80,000 people being hired by both Flipkart and Amazon in the last few months.

Oct 8, 2018

Yes Bank promoters Rana Kapoor and Madhu Kapur willing to opt for out-of-court settlement

A logical conclusion is likely to remove all the uncertainties surrounding the bank's succession plan which has been affecting the performance of its stock at Dalal Street.

Oct 8, 2018

S-400 Triumf air defence system transporter erector launcher

Reality check of Indian defence force's latest addition S-400 missile system

Every equipment comes with its own set of strengths and weaknesses and S-400 is no special.

Oct 7, 2018

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Dalal Street bleeds as foreign investors pull out Rs 9,300 crore in just four sessions

The latest depository data shows that foreign portfolio investors (FPIs) have flushed out a net sum of Rs 7,094 crore from equities during the first five days in the month of October.

Oct 7, 2018

IL&FS cash crunch: National Highways Authority of India may provide interim relief

It is to be noted that IL&FS and its group companies have proceeded loans for key infra projects to NHAI which are stalled due to cash shortage at the group.

Oct 7, 2018

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

The plan includes a $35 million cash pre-purchase payment to Jet Airway's frequent flyer programme JPPL ( Jet Privilege Private Ltd), which is majority-owned by Etihad Airways.

Oct 7, 2018

IL&FS case: Fraud probe agency to look into the diversion of loan amount

The Serious Fraud Investigation Office will probe whether the creditors had evaluated its borrowing requirements properly.

Oct 5, 2018

World Bank bars several Indian companies, individuals over charges of corruption

The bank said that the report is the result of efforts by the Integrity Vice Presidency (INT), the Office of Suspension and Debarment (OSD) and the Sanctions Board.

Oct 4, 2018

Amid liquidity crisis, IL&FS chairman received 144% salary hike in FY18

For the fiscal year 2017-18, the average percentage increase in the managerial compensation was 66 percent.

Oct 4, 2018

Short-term relief for farmers as Centre hikes MSP of Rabi crops for 2018-19

The Union cabinet headed by Prime Minister Narendra Modi approved the hike in the MSP of wheat by Rs 105 per quintal, masaur Rs 225,/quintal, safflower by Rs 845/quintal, and gram by Rs 220/quintal.

Oct 4, 2018

Hafeez Saeed's outfit using financial aid to expand terror base in India

The investigations have revealed that the outfit was not only supplying fund in Jammu and Kashmir but was also gradually covering Rajasthan, Gujarat and Maharashtra.

Oct 3, 2018

Infosys, TCS, Tata Motors and HDFC in list of world's best regarded companies

Trustworthiness, social conduct, performance of the company's product or service and the company as an employer were some of the parameters on which the list was compiled.

Oct 3, 2018

IL&FS fiasco: Sacked directors defend their role in company

Highlighting some of the crucial attempts by the independent directors informed that an offer was made by Ajay Piramal to buy ILF&S at a price Rs. 600-650 per share. But the proposal was turned down by the Life insurance cooperation of India (LIC)

Oct 3, 2018

Government sacks IL&FS board; Uday Kotak-led team to take over

The National Company Law Tribunal (NCLT) accepted the government's petition on Monday and the first meeting of the newly nominated board will be held on or before October 8 .

Oct 2, 2018

cargo-terminal-of-the-indira-gandhi-international-airport

GoAir executives pose as passengers to steal dozens of phones

Delhi Police have recovered eight stolen mobile phones from the lost shipment from the duo's residence. The accused have also confessed to having sold five mobile phones.

Oct 2, 2018

Yes Bank CEO Rana Kapoor's extension objected by second-largest shareholder

The Yes Bank board had informed the shareholders that it has sought an extension of Rana Kapoor as the Managing Director and the CEO from RBI by eight months.

Oct 1, 2018

Pakistan to reconsider 'Silk Road' projects fearing Chinese debt trap

The voice of dissent against the Chinese projects has become stronger under the new government of Prime Minister Imran Khan, who himself has questioned the rising debt levels in the country.

Sep 30, 2018

IL&FS Annual General Meeting: Three-pronged strategy to return insolvent

The default of over Rs. 9000 crore by infrastructure company and its subsidiaries have triggered fears across all NBFCs of the country.

Sep 30, 2018

One97 communications, paytm, paytm to invest rs 12,000 crore, Softbank to invest in paytm, paytm digial wallet company, fintech companies in india, paytm investors

Warren Buffett-led Berkshire Hathaway invests over Rs 21 billion in Paytm

The fresh round of investment has increased Paytm's valuation to Rs 731 billion ($10 billion).

Sep 28, 2018

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Articles by Ashish

IL&FS mayhem swept off 12.5% of mutual funds wealth; AUM dropped to Rs 22.04 trillion

E-commerce giants create lakhs of jobs in India for sale season

Yes Bank promoters Rana Kapoor and Madhu Kapur willing to opt for out-of-court settlement

Reality check of Indian defence force's latest addition S-400 missile system

Dalal Street bleeds as foreign investors pull out Rs 9,300 crore in just four sessions

IL&FS cash crunch: National Highways Authority of India may provide interim relief

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

IL&FS case: Fraud probe agency to look into the diversion of loan amount

World Bank bars several Indian companies, individuals over charges of corruption

Amid liquidity crisis, IL&FS chairman received 144% salary hike in FY18

Short-term relief for farmers as Centre hikes MSP of Rabi crops for 2018-19

Hafeez Saeed's outfit using financial aid to expand terror base in India

Infosys, TCS, Tata Motors and HDFC in list of world's best regarded companies

IL&FS fiasco: Sacked directors defend their role in company

Government sacks IL&FS board; Uday Kotak-led team to take over

GoAir executives pose as passengers to steal dozens of phones

Yes Bank CEO Rana Kapoor's extension objected by second-largest shareholder

Pakistan to reconsider 'Silk Road' projects fearing Chinese debt trap

IL&FS Annual General Meeting: Three-pronged strategy to return insolvent

Warren Buffett-led Berkshire Hathaway invests over Rs 21 billion in Paytm

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'