Alexander Sazonov
Bloomberg / Updated: Jun 18, 2021, 07:59 IST
NEW DELHI: Indian billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks.
The 58-year-old tycoon has lost more money this week than...
By Niha Masih
January 28, 2023 at 4:57 p.m. EST
Article can be read here
“Indian rating companies are reluctant to give poor ratings to companies before the default happens,” said independent analyst Hemindra Hazari, “They fear losing their clients.”
An incendiary speech by a senior Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly toxic dispute between the central bank and the government of Prime Minister Narendra Modi over monetary policy and who controls the institution's reserves, Reuters has reported.
While historically there have been differences...
Sashidhar Jagdishan inherits a proven entity from predecessor Aditya Puri. However, the 'bank insider' will have to rebuild trust among business leaders and devise his own strategy when NPAs rise
BY SALIL PANCHAL, Forbes India Staff 5 min readPUBLISHED: Aug 10, 2020 05:04:27 PM IST
Sashidhar Jagdishan, HDFC Bank’s new managing director and...
Moneylife Digital Team10 January 2020
Uttam Prakash Agarwal, an independent director and chairman of the audit committee of the board of Yes Bank has resigned, while making certain observations on the governance of the bank. While confirming the resignation, Yes Bank has said, its board was scheduled to review...