The latest initiative by the authorities to help borrowers from falling into deep, unsecured debt is a reminder for all to exercise financial prudence. It is also timely, what with the year-end festivities and Chinese New Year round the corner. The Sunday Times highlights what you need to know about the new credit limit measure.…
Giorgos Korres, who owns 43.95 percent of the companys shares, does not appear at all inclined to give up any more of the business he started 20 years ago. With a presence in 30 countries, double-digit growth and a gross profit margin close to 65 percent, the Greek firm that produces and distributes natural…
SAN FRANCISCO Alphabet said on Thursday its executive chairman Eric Schmidt will step down next month, ending a 17-year run in which he played a central role in building a promising start-up called Google into a global technology powerhouse. He will continue to serve on the Alphabet’s board of directors and act as an adviser…
ET Bureau| Dec 23, 2017, 10.48 AM IST Under the Insolvency and Bankruptcy Code, a resolution plan has to be in place within 270 days, failing which the court will rule in favour of liquidation of assets. Government-owned State Bank of India (SBI) has initiated insolvency resolution proceeding against Ushdev International, a company which was…