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  Govt moves to avoid Vijay Mallya-like embarrassment, LS passes Bill to fast track debt recovery

  August 02, 2016 16:15 IST

  In a move that could prevent the government landing in a sticky situation in the case of loan defaults, the Lok Sabha on Monday passed a Bill that seeks to provide for more stringent provisions

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  Maharashtra: Debt-ridden farmer attempts suicide, fails; now faces prosecution

  India | June 03, 2016 20:14 IST

  Thane: Farmers’ suicides in drought-hit Maharashtra has touched a record number this year with a staggering 400 suicides in the first four months of 2016. Maharashtra government has announced Rs 1 lakh compensation to

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  Maharashtra most indebted, Tamil Nadu gathering debt fastest

  India | November 25, 2015 15:55 IST

  India's most industrialised state, Maharashtra, has the largest debt of Rs 338,730 crore ($51 billion) among India's states, but the southern state of Tamil Nadu an industrial growth centre has seen the maximum increase in

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  railway ministry meets banks heads

  July 23, 2015 13:35 IST

  New Delhi: The railway ministry and its PSU Indian Railway Finance Corporation hosted a meeting of banks and financial institutions over an investment plan of Rs.8.5 lakh crore in the coming five years to strengthen and

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  Madhya Pradesh govt sitting on a whopping debt pile of Rs 1 lakh crore

  Politics | December 26, 2014 15:20 IST

  Bhopal: The Madhya Pradesh government under chief minister Shivraj Singh Chouhan, which regularly issues full page newspaper ads gloating about its achievements, is presently groaning under a huge debt pile of Rs 1 lakh crore.

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  Debt drives couple to suicide

  India | October 01, 2014 0:03 IST

  Erode: Burdened by heavy debt, a couple allegedly committed suicide at a private lodge here today.Their bodies were discovered on a bed in the room after police broke open the door on receiving a complaint

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  Unitech sells 10 acres of land for Rs 130 crore to repay debt

  March 11, 2014 23:06 IST

  New Delhi: Realty major Unitech has sold almost 10 acres of land in Bangalore and Mysore for about Rs 100-130 crore as part of its strategy to repay debt. Unitech currently has debt of about

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  Get your financial life in order with these tips

  June 11, 2013 9:31 IST

  New Delhi, June 10: Does thinking or talking about money matters makes you extremely worried? If yes, then you need to make some real financial decisions. Thoughts related to worries about the money can easily

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  A laser documentary to repay a debt

  Hollywood | January 01, 2013 20:43 IST

  Chicago, Jan 1: Indian American Manick Sorcar, who has devised a laser show to pay tribute to two eminent Indians, Swami Vivekananda and magician P.C. Sorcar, says he is only repaying his debt to them.Manick

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  GoM To Meet On Tuesday To Review AI's Turnaround Plans

  January 16, 2012 20:16 IST

  New Delhi, Jan 16: A Group of Ministers (GoM) is scheduled to hold a crucial meeting tomorrow to critically review Air India's debt recast and turnaround plans and recommend to the Union Cabinet additional equity

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  Man United's Debt Drops Amid Record Profits

  Football | September 01, 2011 16:51 IST

  London, Sept 1: Manchester United's gross debt dropped by almost 20 percent to 458.9 million pounds ($747 million) and commercial income rose as the club won a record 19th English title last season.The club, owned

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