daily news: our picks

The Economic Offences Wing (EOW) of Mumbai police are conducting a search at the residence of Rajneet Singh, former director of Punjab and Maharashtra Cooperative (PMC) Bank. On Sunday, the Esplanade Court granted the Police his custody till 25 November, following which the EOW carried out...
A second auto-ancillary company that has turned out good results, apart from GNA Axles, is Suprajit Engineering (Suprajit). While its net profit growth (up 90%) is misleading due to a huge rise in other income and sharp fall in tax provision, it is interesting to see that it has maintained...
The automobile sector, which is cyclical in nature, is currently facing a severe slowdown in India. This, in turn, affects the fortunes of the intermediaries in the supply chain, such as auto-ancillary companies. It is not clear when the domestic market will pick up. However, even though the...

The Ministry of Corporate Affairs (MCA) on Friday notified Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules for financial service providers (FSP). The rules provide a generic framework for...
Doctors have often prescribed meditation and other stress-reduction techniques as possible treatments for depression and anxiety. Though yoga has become increasingly popular in recent decades, it has received less attention in medical literature until now. A new study has found evidence that...

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