Rs 7 trillion of corporate papers downgraded since start of IL&FS fiasco
Mutual funds (MFs) and other lenders with an exposure to debt papers are feeling the heat as nearly Rs 7.5 trillion worth of corporate papers have been downgraded between September 2018 — when a series of defaults by IL&FS group companies began — and March 2019, according to data collated from the Securities and Exchange Board of India (Sebi). Read on...
Why Brand Jet collapsed within 12 months of celebrating silver jubilee
It is flashback time for many. Protesting employees, irate customers, devastated families clamouring for