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News digest: NPAs in Q4, AirAsia CEO, Sterlite plant, Fortis sale, and more

From NPAs in Q4, I-T appeal limits to Sterlite plant, BS brings you up to date with the latest news

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BS Web Team
37 banks see Rs 1.3 trillion jump in gross NPAs in Q4

Weighed down by the Reserve Bank of India’s (RBI’s) new rules on restructured assets, domestic banks, both public and private, added over Rs 1.3 trillion in gross non-performing assets (NPAs) in the fourth quarter ended March. Read More

CBI books AirAsia CEO for corruption

In a major setback for the Tatas, the Central Bureau of Investigation (CBI) has indicted top executives of Tata Sons and the group’s airline company AirAsia Bhd for trying to bribe government officials in order to subvert aviation laws of the country for their

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