Sunday, September 30, 2018

Fearing insolvency action, defaulting companies cough up Rs 1.1 lakh crore: Report

Fearing insolvency action, defaulting companies cough up Rs 1.1 lakh crore: Report When the Insolvency Bankruptcy Board of India (IBBI) was formed two years ago, the regulator wanted to meet bank chiefs but bankers were unwilling, the report said

from Moneycontrol Business News https://ift.tt/2DQKLGG

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...