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Search Results for: economic sanctions

Jet Airways

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
DHFL

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
Modi

The new Modi NITI, how to take on China with 'AIM'

The Modi government now seems more determined to take NITI Aayog to a new height, inducting domain specialists at the rank of Joint Secretary and above. Jun 9, 2019
Narendra Modi

PM Modi's ruling NDA may win key Rajya Sabha majority next year

The BJP-led National Democratic Alliance (NDA) could control 107 seats, seven more than its current tally and just 15 short of a majority in the 243-member chamber. Jun 9, 2019
Trump

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
RBI

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
IL&FS

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
N R Narayana Murthy

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

As Wipro chairman has announced his decision to step down from office, Murthy recalls that the rejection at their first meeting goaded him on to start his entrepreneurial journey earlier than planned Jun 7, 2019
Norwegian vessel Andrea Victory

UAE-led probe blames a 'state actor' for Fujairah oil tanker attacks

US National Security Advisor John Bolton joined Saudi Arabia's claims by stating that Iran was "almost certainly" behind the attacks. Jun 7, 2019
Rajnath Singh

Miffed Rajnath Singh added to 6 more cabinet committees after initial exclusion

The move came amid speculation that Rajnath Singh was unhappy over not being given his due in the formation of the panels. Jun 7, 2019
India-Pak

PM Modi won't meet Pakistan PM Imran Khan at SCO Summit: MEA

The summit scheduled on June 13-14 in Kyrgyzstan's capital city Bishkek was anticipated to be the first bilateral talks since the 2016 terror attack on the Indian Air Force base in Pathankot. Jun 6, 2019
DHFL

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

NAVs plummet up to 57% for mutual funds with substantial exposure to DHFL paper that rating agencies downgraded to 'default'; exposure of some funds may have exceeded the Sebi-mandated 10%. Jun 6, 2019
Modi

PM Modi forms two Cabinet committees to tackle challenges of unemployment, economy

The economy slugged at a rate of 5.8% between January to March, making it the slowest growth in the last 17 quarters. Jun 6, 2019
Huawei 5G TV

Does Huawei's Russia 5G deal signal a new world trade order split down middle?

Chinese giant ties up with Russia's MTS to deploy 5G technology as Xi begins three-day Russia visit for a summit with Putin amid escalating US-China trade war. Jun 6, 2019
Reserve Bank of India

RBI cuts repo rate by 25 basis points to 5.75%, bank loans to be cheaper

The Reserve Bank of India's Monetary Policy Committee today announced its decision to slash the repo rate to 5.75 per cent from 6 per cent. Jun 6, 2019
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