By Jill Mehta THE INTRODUCTION The Non-performing Asset (NPA) problem in Indian Banks has been surging since a few years and no efforts, until Insolvency and Bankruptcy Code’s (IBC) launch, have helped to lessen the burden of NPAs on banks’ balance sheets. In February this year, the Reserve Bank Of India scrapped all the mechanisms […]
Read More »By Pilli Chaudhari “Good auditors are the bedrock of fair and transparent financial markets”– New York Times. The talks of auditing shortcomings is not a recent phenomenon. Over the last few years, several auditing firms have been hit by scandals, and caught in legal crossfire. Following the aftermath of many scandals, the parliament suggested the […]
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By Disha Dembla Is consistency the driver of success and guarantor of customer retention? Perhaps, not anymore. Gone are the days when consistency helped companies lead a market. Today, in the world of stiff competition, companies need more than just consistency to sustain, and ironically, “Modification” has become the new mantra for success– that is, […]
Read More »By Pilli Chaudhuri No one could have imagined in 2006 that a small scale Ayurvedic store, driven by a celebrity Yoga preacher, would take the FMCG sector by storm within a decade with a stupendous growth rate of 130% and revenue of Rs 10,561 cr (The Economic Times). Patanjali Ayurved Limited (PAL) is the third […]
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