The National Company Law Appellate Tribunal ordered that no lender can declare its exposure to embattled IL&FS Group as non-performing without its permission.
Suzuki has half the car market, the Chinese have mobile phones, the Koreans consumer durables and Etihad may run Jet. Where would we be without foreign players?
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.
The collapse of the highly rated infrastructure operator-financier IL&FS Group exposed the fault lines under Indian shadow banks’ impressive credit edifice.
Opposition parties are fixated on the argument that the government has deliberately removed MK Gandhi’s name from the Act. The real provisions in the Bill are barely being discussed.
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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