Companies & Sectors   Exclusive
Infrastructure Leasing & Financial Services (IL&FS) says Grant Thornton, which was appointed to conduct forensic audit on credit rating agencies (CRAs) engaged its group companies over the past 10 years, has submitted its first report. In a statement, IL&FS says, the audit evaluates the...
We had mentioned in Wednesday’s closing report that Nifty, Sensex may try to push higher. The major indices of the Indian stock markets suffered a correction.   On the NSE, there were 453 advances, 1,301 declines and 341 unchanged. The trends of the major indices in the course of...
The union government has said that mobilising financial resources and ensuring efficient operations are the responsibility of Jet Airways and it has not role in raising funds for the ailing carrier.   Hardeep Singh Puri, minister of state for civil aviation (independent charge), while...

Total debt in India, including government debt, as well as debt of corporate entities and individual borrowers, has increased at a compounded annual growth rate (CAGR) of 13.3% to reach the level of Rs253 lakh crore during the past five years ending March 2019, says a report.   The...
Sovereign borrowing from/in foreign countries is not a new phenomenon. Documented history since the 15th century shows large-scale sovereign borrowings and a regular history of sovereign defaults too.    Over the last 300 years, this history shows many ups and downs. However, we will...

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