It looks like the government may finally have its way on the subject of dividends from RBI. The RBI has paid Rs.28,000 crore interim dividend to the government ahead of elections. The government had been looking at sources of funds to finance its Rs.20,000 Read more [...]

There finally seems to be some respite for the beleaguered ADAG group as Anil Ambani manages to reach a Standstill Agreement with creditors.  ADAG has reached an in-principle agreement with nearly 90% of its lenders not to enforce security and not to Read more [...]

Time to get after the stakeholders who precipitated the fall of IL&FS The Parliamentary Panel on the IL&FS fiasco has made some scathing remarks about the role of LIC in the IL&FS story as well as the role of the credit rating agencies. It Read more [...]

The devil of pledged shares actually lies in the details In the last few weeks, we have seen a number of large companies getting hit by the sale of pledged shares. This is not the first time it has happened and has been seen before too. But the magnitude Read more [...]

News Announcement Impact Analysis India imposes 200% import duties on goods imported from Pakistan This was a reaction to the ghastly terrorist attack on CRPF Jawans on 14th Feb in which 44 personnel were killed In the aftermath Read more [...]

A combination of high oil prices and global uncertainty took its toll on the Indian markets as the Nifty dipped below the 10,750 marks. The big losers in the market were the oil marketing companies. The issue of pledged shares remains the one big Read more [...]

Terrorism reared its ugly head once again in Kashmir after a long gap. A Fidayeen (suicide) Blast killed more than 40 CRPF personnel in Kashmir; with many more critically injured. This was one of the worst terrorist attacks in Kashmir since 2001 and could Read more [...]