Franklin India may take over five years to…

By Bijou George and Rahul SatijaInvestors in some of the credit funds run by Franklin Templeton’s India unit may have to wait over five years to fully recoup their money, the asset manager said in…

UK economy posts sharpest monthly decline on record…

U.K. GDP (gross domestic product) contracted by 5.8% month-on-month in March, according to preliminary figures released Wednesday, as lockdown measures began to hammer economic activity in the country.It represents the biggest monthly fall since the…

Banks avoid NBFC lending, take 50% of RBI’s…

Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending to NBFCs. This was despite the RBI’s attempt to improve…

India Inc's top line grows, but margins take…

India Inc reported steady progress in revenue and net profit growth for the March 2017 quarter albeit with marginal pressure on operating profitability. Though the number of companies that reported net loss was the highest…