ICRA Ratings has estimated that the financial creditors would realise more than Rs. 800 billion in FY2020 from the Insolvency and Bankruptcy Code (IBC), compared to about Rs. 660... Read more »
The Anil Agarwal-led Vedanta secured a 29 per cent year-on-year decline in consolidated profit after taxes (PAT) at Rs 9,698 crore in the financial year 2018-19. The mining company... Read more »
The net import of gold by India went up by 27 per cent during the March quarter of calendar year 2019 on the back of fall in prices and... Read more »
Telecom tribunal TDSAT Thursday granted partial stay order on Rs 8,300 crore demand raised by the telecom department from Bharti Airtel for approving its merger with Tata Teleservices. The... Read more »
Credit Suisse recently released its 2019 Hedge Fund Investor Survey, entitled “Trimming the Sails”, which polled over 310 institutional investors globally representing US$1.12 trillion in hedge fund investments. Participants... Read more »
Larsen and Toubro Infotech, the software services arm of L&T group, ended the financial year 2018-19 with 36.2 per cent growth in consolidated net profit at Rs 1,515.5 crore... Read more »
narguably, the Indian real estate vertical that in the direst need of funding is the residential sector. In a perfect world, the private equity that is now pouring into... Read more »
BlackBuck, an online marketplace for trucking has been able to raise $150 million (about Rs 1,050 crore) in a funding round led by Goldman Sachs Investment Partners and Silicon... Read more »
The government hit the highest Goods and Services Tax collection since its roll out for April. The government reported a 10.05 percent year-on-year rise in the Goods and Services Tax... Read more »
India Ratings and Research (Ind-Ra) has cut its FY20 gross domestic product (GDP) growth estimate marginally by 0.2%, down to 7.3% from its previous forecast of 7.5%. The key... Read more »