Search Results for: financial crises

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Debt-ridden Suzlon faces loan repayment default even as shares nosedive

Suzlon's losses have increased from Rs 384 crore in 2018 to Rs 1537 crore in 2019. The company has a debt of about Rs 11,141 crore.

Jun 11, 2019

IMA fraud: How do you find out if an investment plan is really a Ponzi scheme?

Ponzi schemes are characterised by the paying of 'profit' or returns to subscribers from money collected from later subscribers and the business will collapse when the addition of new clients tapers off.

Jun 11, 2019

J&K Bank scam: Srinagar Deputy Mayor's office raided; ex-PDP ministers under scanner?

The case of fake appointments of relationship executives in the bank is particularly being probed which may lead to a crackdown on several ex-ministers who served in former Chief Minister Mehbooba Mufti's cabinet.

Jun 11, 2019

Pakistan shut down 13 terror camps in PoK to avoid being being blacklisted at FATF?

Pakistan government is trying hard to stabilise its worsening economy and action against terror camps seems to be the only plausible way

Jun 11, 2019

NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

TCS overtakes IBM in market capitalisation

As of Monday's closing, the market cap of TCS stood at Rs 8.36 lakh crore on NSE whereas IBM was stable at Rs 8.31 lakh crore.

Jun 11, 2019

China exports grow 1.1% despite US tariffs, but import slump most in 3 years

It was estimated that China will report a fall in exports by 3.8%, keeping in mind the slowdown in the economy by 2.7% in April.

Jun 10, 2019

Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin

The fate of Jet Airways lenders rescue plan in the balance as several suppliers and operational creditors head to National Company Law Tribunal to initiate proceedings under Insolvency and Bankruptcy Code.

Jun 10, 2019

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

Ballooning IL&FS and DHFL crises drove mutual funds to reduce exposure to NBFCs in a big way since September sapping liquidity from shadow banks.

Jun 10, 2019

Shoaib Akhtar viciously attacks AB de Villiers, accuses him of putting money over country; asks him to 'be a man'

In the strongest attack yet on the retired Proteas batsman, the former Pakistan pacer castigates him for forsaking his country for financial gains.

Jun 8, 2019

Trump calls off plans to impose tariffs on Mexico after deal on migration

The agreement announced on Friday followed three days of negotiations in Washington.

Jun 8, 2019

Relief for lenders as RBI relaxes stressed asset guidelines

A circular issued in February last year required banks to initiate a resolution process as soon as a default took place.

Jun 8, 2019

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

The investigation team found a document in the email server of IL&FS prepared by the DHS Engagement team identifying the funding of borrowers for paying principal and interest.

Jun 8, 2019

Mark Zukerberg announces Facebook Dating

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

Facebook plans to make the cryptocurrency transferrable with zero fees via Facebook products including Messenger and WhatsApp.

Jun 8, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Public confidence in mutual funds take a beating and inflows taper with imminent payouts facing uncertainty; NBFCs face soaring finance costs triggering liquidity crunch.

Jun 7, 2019

Virat Kohli fined by Gurugram Municipal Corporatoin for using drinking water to wash cars

A fine of Rs 500 has been imposed on the India captain for excessive and wasteful use of water after some officials visited his residence.

Jun 7, 2019

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Search Results for: financial crises

Debt-ridden Suzlon faces loan repayment default even as shares nosedive

IMA fraud: How do you find out if an investment plan is really a Ponzi scheme?

J&K Bank scam: Srinagar Deputy Mayor's office raided; ex-PDP ministers under scanner?

Pakistan shut down 13 terror camps in PoK to avoid being being blacklisted at FATF?

TCS overtakes IBM in market capitalisation

China exports grow 1.1% despite US tariffs, but import slump most in 3 years

Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

Shoaib Akhtar viciously attacks AB de Villiers, accuses him of putting money over country; asks him to 'be a man'

Trump calls off plans to impose tariffs on Mexico after deal on migration

Relief for lenders as RBI relaxes stressed asset guidelines

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Virat Kohli fined by Gurugram Municipal Corporatoin for using drinking water to wash cars

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]