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Last Updated Thursday February 22 2018 08:08 PM IST

Two Gitanjali officials named in CBI FIR resign

While Chandrakant Karkare cited personal problem as the reason behind resigning from the post of Chief Financial Officer (CFO,) Pankhuri Warange said she, as the Company Secretary and Compliance Officer, had sounded off the management to make certain disclosure about the company, which it did not...

RBI tightens norms to check bank loan defaults

The central bank is seeking to push more large loan defaulters toward bankruptcy courts and abolishing half a dozen existing loan-restructuring mechanisms, in its latest bid to accelerate resolution of the bad loans issue.

India staring at a debt trap: Ajit Ranade

The tendency to borrow rampantly to bridge the fiscal deficit should be checked and the accumulating mountain of debt needs to be slashed, according to the noted economist.

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