N Chandrasekaran, chairman designate of Tata Sons and currently the CEO and Managing Director of Tata Consultancy Services, was today elected as Chairman of Tata Steel Board. "The Board of Directors today elected N Chandrasekaran as the Chairman of the Board. Deccan Herald, 1 week ago
The NK Singh-led fiscal responsibility and budget management (FRBM) panel might come to the rescue of the Narendra Modi government, which is looking to step up public spending to counter economic slowdown, triggered by demonetisation, but is ...The Financial Chronicle, 4 weeks ago
Indian stocks had a mixed outing in calendar year 2016, with investors largely treading cautiously, tracking a slew of geo-political news, micro and macroeconomic data, reports of mergers and acquisitions, the sudden sacking of Cyrus P Mistry and the ...Sify, 1 month ago
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher, reports Krishna Kant/Business StandardIllustration: Uttam Ghosh/Rediff.com Corporate India and banks are much less prepared for an economic slowdown than they were on the eve of the 2008 global financial crisis based on key ratios. The corporate debt-equity level is now twice that during 2007-2008, while corporate profitability during 2015-2016, as measured by return ...Rediff.com, 2 months ago
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