Piramal Enterprises sharply cuts short-term borrowings, reduces dependence on CPs as NBFC crisis lingers
Without naming IL&FS, Ajay Piramal said, in September 2018, the default by a large financial services company on its debt instruments resulted in a sector-wide liquidity tightening
Nirav Modi is set to be produced from custody before Judge Arbuthnot for the first case management hearing in the case, during which a broad timeline is expected for his extradition trial.
Dewan Housing Finance Corporation Ltd (DHFL) on Wednesday expressed concerns over ICRA's re-rating of its commercial papers (CPs) citing it is not merit-based and is unwarranted
Commercial paper or CPs are short-term debt with one to three months maturity.
IL&FS crisis: Eight charts present financials, other details of cash-strapped infrastructure conglomerate
The IL&FS has come under the scanner of multiple regulators, including SEBI, for alleged defaults related to financial disclosures and corporate governance.
A UK court Thursday fixed 20 November as the date for the pre-trial hearing in the extradition case of Vijay Mallya, the embattled tycoon wanted in India on loan defaults to several banks amounting to nearly Rs 9,000-crore
India is formulating a policy on maintaining and sharing science infrastructure so that R&D facilities are also accessed by the industry.
The five-day annual Indian Science Congress is being held at the Sri Venkateswara University beginning Tuesday. The Prime Minister of India, Narendra Modi was present to inaugurate the conference which will focus on 'Science and Technology for National Development'.