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The shredded canvas of corporate balance sheets

About 85 companies holding Rs4 trillion worth of debt are highly unlikely to recover in the short term as they not only sit on a massive pile of debt that they cannot service but also have a large number of non-productive assets

1 min read30 Nov 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

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