scorecardresearch
Saturday, May 4, 2024
TopicILFS

Topic: ILFS

India must allow its shadow banks to suffer some pain right now

RBI seems convinced that India’s shadow banks need to clean up their act -- and they won’t if they get access to easy money now.

The glimmer of hope in the $12.8 billion bankruptcy of IL&FS

We must kill IL&FS's toxic culture by dismembering it, writes Andy Mukherjee.

India is considering the outright sale of IL&FS

Other options include splitting businesses according to verticals and disposing them off to several buyers or injecting  liquidity at group level

India’s banking liquidity crunch is extending to home developers

This could derail a nascent recovery in the property sector.

The clock is ticking on the patience of Indian equity funds investors

Of 416 open-ended, onshore equity funds, 401 have lost money. Imagine the peril if investors give up on funds sitting on hard-to-liquidate portfolios.

Ahead of earnings season, stock market rebounds from a 6-month low

After Sensex dropped to 23.4 Tuesday, some investors judged the selloff as excessive which rebounded Indian stocks. Mumbai: Indian stocks rebounded as some investors judged...

New lenders to fill in cash crunch triggered by IL&FS defaults

Alternative lenders are looking to fund companies that are too small to borrow from banks & have relied on NBFCs.

IL&FS must die for its infrastructure projects to live

IL&FS is an unwieldy, opaque hydra. More than size, it’s the diffuse nature of its operations that should worry its new directors.

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 crisis shows India doesn’t have a clue how to pay for infrastructure

Modi govt doubled down on spending on roads & railways, hoping investment would pay for itself in a revival of private sector activity. It hasn’t.

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.