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Anil Ambani writes to the Finance Minister, seeking Sandesara-kind one-time settlement...

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Anil Ambani cites the Sandesara precedent, seeks relief from debt, and cases Debt-sunken industrialist Anil Ambani sought a Sandesara-kind haircut package and cancellation of all...

Chennai Police EOW arrests Chidambaram’s henchman Ravi Parthasarathy of IL&FS; 15...

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Former Finance Minister P Chidambaram’s known associate in financial frauds and former IL&FS (Infrastructure Leasing & Financial Services) Chairman Ravi Parthasarathy is at last...

Why is LIC bailing out a private firm (IL&FS)?

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It never ceases to amaze me as to why everyone looks to the Life Insurance Corporation (LIC) for a handout when the chips are...

Takeover of IL&FS by LIC looks like a scam

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It is astonishing that a public sector company, LIC, is being forced to bail out a private company Life Insurance Corporation of India (LIC) seems...

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