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Friday, May 1, 2026
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Topic: Defaults

IL&FS effect slams brakes on runaway growth of non-bank finance companies

RBI is looking at strengthening guidelines for non-bank lenders to avoid rollover risks after the IL&FS defaults.

IL&FS new board will have to get selling its assets right to prevent more angst for India

IL&FS still owns long-term infrastructure financed with short-term funding. New board will need to sell assets to pare $12.6 billion debt.

On Camera

India’s real estate will meet the reality of agentic AI

New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.