Infosys, India’s second largest software services provider, has hogged headlines over issues raised by the founders on governance, especially on the severance package offered to a few executives and the pay hike to its CEO Vishal Sikka. Though on the ... The Financial Chronicle, 1 week 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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