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Battling wilful defaulters

span.p-content div[id^=div-gpt] { line-height: 0px; font-size: 0px;} and (FIs) have been hit hard by defaulting borrowers, especially corporate houses and firms, facing a number of woes. Many have failed to pay because of a sharp dip in revenues and businesses going bust. In view of this, some keep defaulting despite their ability to pay. They are, hence, termed wilful defaulters. […]

Agrichem firms in the south better placed

span.p-content div[id^=div-gpt] { line-height: 0px; font-size: 0px;} The profitability of agrochemicals companies that have operations in is likely to stay better than those of industry peers in the current financial year, following a recovery in sales after a weak June quarter. While all companies in the agrochemicals space faced destocking problems in the June quarter ahead of the introduction of […]

N Chandrasekaran picks speed on consolidation

Tata Sons Chairman N Chandrasekaran (Chandra) is consolidating stakes in listed Tata companies within the holding company.  This was one of the key tasks on Chandra’s agenda after he took over as chairman of the group in February 2017, said a source.  The consolidation exercise picked up pace on Tuesday, with Tata Chemicals selling shares worth Rs 922 crore in […]

Launches bring little cheer for Cadila

Cadila Healthcare recently got an approval for generic version of Tamiflu, a medication used in treating influenza (flu). It is the first generics player to get an approval for the drug with sales of $367 million, for trailing 12 months ended July, according to industry body IMS. Analysts expect Lupin and Natco, too, to get the go ahead. This is […]

Numbers that help when buying general insurance

If you were to buy a health insurance, which company would you choose — a company that has settled just 24 per cent of the claims it has received or one that has settled 97 per cent of them?  Ideally, it should be the one that has settled 97 per cent. But most consumers tend to get stuck with premium, […]