Debt
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Amidst fears of growing debt load, China proposes equity financing to tackle crisis
Business | May 21, 2018, 09:58 AM ISTIn a move to tackle the surging debt, a top official with China's stock market regulator has proposed equity financing to reduce their dependence on debt.
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Rs. 9.7L cr bad loans: RBI to expand oversight committee in new action plan to wipe out menace
May 23, 2017, 02:19 PM ISTTwo weeks after amendments were brought to the Banking Regulation Act 1949 , the Reserve Bank of India (RBI) on Monday outlined the broad contours of an action-plan to resolve the Rs. 9.7 lakh crore bad debt
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As bad debts mount, IDBI Bank’s Q4 loss widens to Rs 3200 cr
May 18, 2017, 06:26 PM ISTAfter many public sector banks making headlines over their falling financials, IDBI bank on Thursday reported its standalone net loss at Rs 3,199.76 crore
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Govt moves to avoid Vijay Mallya-like embarrassment, LS passes Bill to fast track debt recovery
Aug 02, 2016, 04:15 PM ISTIn 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 | Jun 03, 2016, 08:14 PM ISTThane: 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 | Nov 25, 2015, 03:55 PM ISTIndia'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
Jul 23, 2015, 01:35 PM ISTNew 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
National | Dec 26, 2014, 03:20 PM ISTBhopal: 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 | Oct 01, 2014, 12:03 AM ISTErode: 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
Mar 11, 2014, 11:06 PM ISTNew 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
Jun 11, 2013, 09:31 AM ISTNew 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 | Jan 01, 2013, 08:43 PM ISTChicago, 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
Jan 16, 2012, 08:16 PM ISTNew 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 | Sep 01, 2011, 04:51 PM ISTLondon, 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