Birlas

Corporates and PSUs line up for bank licences as RBI clears deck

What is good is that the RBI has put in a lot of checks and balances. The exposure norms they have defined have taken care of all the risks that people would have been worried about

Biyani, Mallya, Suzlon, DLF: Easy money screwed up India Inc

Easy money led to excess in India Inc, which went into a mindless diversification spree. It has now come home to bite them in the butt

Rs 10.67 lakh cr coal scam? Is CAG trying to shock us again?

The CAG has come up with another stupendous loss figure of over Rs 10 lakh crore in the award of coal blocks to private and public sector companies. But is it barking up the wrong tree?