Several pension trusts invested in IL&FS because it was considered ‘safe’. So far, the losses are unclear as 200 trusts haven’t filed their returns to EPFO.
Avendus expects to raise $1 billion over two years with its ESG fund and sees around 70 percent of that money coming from overseas investors.
Rush to return excess cash to investors is driven by tax efficiency of buybacks over dividends, declining share values & a slowing global economy.
Despite chronic delays and unexciting food, Indian Airlines was a brand Indians were close to.
RBI said that Yes Bank's selective disclosures from an audit report by the RBI was a 'deliberate attempt' to mislead the public. Mumbai/Singapore: Yes Bank...
The Sensex recorded its worst week in four months after Prime Minister Narendra Modi said the nation will give a befitting reply to terrorists.
Paytm founder Vijay Shekhar Sharma says their focus is on growing the market by converting offline partners to online retail.
Indigo scrapped as many as 49 flights on Wednesday
Jet Airways, which needs Rs 85 billion to help it get back on its feet, will be revamped, with banks becoming the biggest shareholders of the company.