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Saturday, September 29, 2018

IL&FS arm clears LIC Mutual Fund's dues of Rs 300 crore

Beginning August 27, the diversified IL&FS group, which is facing cash crunch has been defaulting on payments, with Thursday alone it telling regulators that it had defaulted on seven payments.

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'Extra payout' to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no per...