Ritesh Maheshwari, senior director of S&P, said, "I believe that Indian banking system is fairly placed and it has the advantage of being in an economy that is growing strongly and it provides the opportunity to manage the rising NPAs."
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After he was sentenced to five years in jail late last week, Vikram Buddhi has spoken to NDTV’s Sarah Jacob at the Chicago prison where he has spent the last three years.
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The action heats up in the two-wheeler space with the latest entrant in the highly competitive bike market. Mahindra and Mahindra (M&M) is all set to create ripples by lining up a slew of new launches.
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Arvind Gemini, director at Kalindee Rail Nirman Engineers, said the company will hold a board meeting on 22 December on issuing preferential warrants to promoters.
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Environment Minister Jairam Ramesh talks about two drafts being on the table. Both India and China has raised objections concerned about the manner in which things have been done.
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Matt Robinson, senior economist at Moody’seconomy .com, said that the markets concerned over sustainability of recovery and that the uncertainty over dollar to continue for next few months.
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The heat is on for India’s mobile phone companies who are under the scanner for an alleged fudging of their books and under-reporting of revenues.
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The lone surviving terrorist of 26/11 Ajmal Kasab has made some surprising revelations in court, he claims that David Coleman Headley was actually part of the FBI team which came to quiz him in the Mumbai jail.
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Surface transport minister Kamal Nath seems to be in a hurry. He may be a long way away from keeping his promise of delivering 20 kilometres of road a day, but that hasn’t kept him from opening bids for mega road projects of a billion dollars each.
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