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Glimmers of improvement in the sector come almost 18 months after the first default by major lender IL&FS Group. (Reuters)The fortunes of India’s shadow banks are showing tentative signs of recovery, indicating that a prolonged…

After the conclusion of the non-compete period on the Agila transaction, STR will build a portfolio of sterile injectables which are either under the shortage list or facing challenges in terms of manufacturing.Strides Pharma’s (STR) US…

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The banks will get back Rs 42,000 crore of NPAs in a single stroke — the money which otherwise was lost in all probability.After a long wait of 863 days, banks including SBI, IDBI Bank, Canara Bank, PNBamong others have recovered a…

Moody’s report also said real estate companies are under significant stress, and tighter funding will further increase stress in the sector.The continuing liquidity crunch facing non-banking financial companies will likely increase bad…

The issue will open between December 18 and 20. The bids can be placed for a minimum of 84 equity shares and in multiples of 84 equity shares thereafter.Prince Pipes and Fittings, a manufacturer of polymer pipes and fittings, on Friday…

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A press note said, “basis various hypotheses tests and detailed analysis of the data set, sufficient evidence was found to establish that Dream11’s format of fantasy sports is skill dominant.”By Tech DeskA study by the Indian Institute…

The private sector lender said the benign commodity prices led companies to rein in expenses while helping them to protect their operating margins.Yes Bankon Friday said it expects the third quarter of the current financial year to…

These disruptions are in addition to the existing issues of ~43 months of unsold inventory across tier-I cities and prices remaining stagnant for the last three years.The BSE Realty Index (BSEREAL) corrected 31% in CY18 on account of…