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Chanda Kochhar violated ICICI Bank's policies, says probe report

People

30 January, 2019

Chanda Kochhar violated ICICI Bank's policies, says probe report

ICICI Bank Ltd said on Wednesday it would treat former Chief Executive Chanda Kochhar’s exit from the bank as a ......

Partnership model drives distressed assets opportunity: Panellists at VCCircle event

Finance

30 January, 2019

Partnership model drives distressed assets opportunity: Panellists at VCCircle event

A new crop of investors are emerging in the broader distressed assets segment that are catering to companies that are ......

India needs deeper bond market  to improve liquidity options: Centrum's Jaspal Bindra

Finance

30 January, 2019

India needs deeper bond market to improve liquidity options: Centrum's Jaspal Bindra

As resolution efforts via the Insolvency and Bankruptcy code gain traction, several global practices need to be adopted in India...

Bankruptcy law a success but execution snags remain: Panellists at VCCircle summit

Finance

30 January, 2019

Bankruptcy law a success but execution snags remain: Panellists at VCCircle summit

The Insolvency and Bankruptcy Code, 2016 has effectively tackled the menace of stressed assets in the country; however, unique...

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

General

30 January, 2019

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......

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Policy Tracker: Why India may not meet its ambitious renewable energy targets

Infrastructure

30 January, 2019

Policy Tracker: Why India may not meet its ambitious renewable energy targets

In early 2015, less than a year after winning a landslide election victory, the Narendra Modi government dramatically increased...

CDC hires former StanChart exec to manage South Asia, Africa bets

Finance

30 January, 2019

CDC hires former StanChart exec to manage South Asia, Africa bets

The UK government-owned development financial institution CDC Group Plc has appointed Stephen Priestley as its managing director...

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

Bank of India expects $360 mn from bankruptcy resolution in March quarter

Finance

29 January, 2019

Bank of India expects $360 mn from bankruptcy resolution in March quarter

Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019...

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Company watch: Can Fabindia's biz revamp put it back on growth path?

Consumer

29 January, 2019

Company watch: Can Fabindia's biz revamp put it back on growth path?

Fabindia Overseas Pvt. Ltd faced strong headwinds in the year through March 2018 as its revenue stagnated and profit plunged,...

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