FY18 was yet another robust year for Piramal Enterprises (PIEL) with strong growth (69%), ROA/ROE (3.9%+/~20%) and an improvement in asset quality (stage 2/3 loan share at 0.4% v/s 0.9% a year ago).
India’s financial sector is set for a strong growth in the next twelve months, a global investment bank and financial services firm said Tuesday.
- Current Affairs
- Recent News
PM has betrayed India: Rahul Gandhi on Hollande’s reported remarks on Rafale deal
Congress chief Rahul Gandhi on Friday launched a scathing attack…
Crackdown! Bitcoin case – ED attaches Rs 42.88-cr assets including multiple flats in Dubai
The ED said Friday it has attached assets worth Rs…
I-T Dept finds 'evidence' of inflated expenditure by Jet Airways in survey
The Income Tax (IT) department has found evidence of inflated…
CCI imposes fine of Rs 380 million on sugar firms and their associations
The Competition Commission of India (CCI) has imposed a fine…
Rupee strengthens to 72.38 to a dollar
The rupee strengthened against the US dollar on Wednesday after…
IL&FS unable to meet interest payment obligations
Infrastructure Leasing & Financial Services (IL&FS) was unable to service…
‘Pakistan PM Imran Khan’s ‘true face’ exposed’ – Sushma Swaraj-Qureshi meeting called off; what led to this?
Barely 24 hours after agreeing to the engagement, the government…
Fitch raises India's GDP forecast to 7.8% from 7.4% for FY19
Fitch Ratings Friday upped India's growth forecast for the current…