Kings XI Punjab co-owner Preity Zinta and its coach Sanjay Bangar have denied that the former recently gave Bangar a dressing down after a defeat. But tongues are still wagging. And it does not help that in the past some owners have interfered in ... Economic Times, 2 hours ago
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Here are some of the more recent instances of bank fraud that have come to light Mumbai: Bengaluru-based Syndicate Bank recently fell victim to a large-scale fraud across three of its branches in the Jaipur region, where a handful of businessmen and ...Livemint.com, 6 days ago
Here's the billion dollar question. Why do super rich Indians not pay back the money they owe to banks and investors even risking ill-repute, and chances of imprisonment? The two recent examples are that of Sahara's Subrata Roy who has been in ...Firstpost.com, 1 week ago
The meeting between the Deccan Chronicle Holdings Limited (DCHL)'s stakeholders and the money lenders, scheduled on Saturday, had to be cancelled following a stay order by Hyderabad High Court on Thursday. The HC issued the stay order after hearing ...Sunday Guardian Live, 2 months ago Indiabulls gets stay on Srei-backed Deccan Chronicle creditors' meet DNA India, 2 months ago
Manoj Mohanka, former chairman of Network 18 Media and Investments and a finance and management expert, is preparing to acquire ailing media house Deccan Chronicle Holdings (DCHL).Economic Times, 2 months ago
On Tuesday, the government informed in Parliament that the total number of wilful defaulters of Public Sector Banks (PSBs) escalated from 5,554 to 7,686 for the period December '12-December '15 with the amount involved more than doubling to Rs ...Firstpost.com, 2 weeks ago Rs 66,000 crore question: Why are banks slow to deal with wilful defaulters? Firstpost.com, 2 weeks ago
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth If the unpaid loans made by India’s public-sector banks were recovered, they would be enough to pay for India’s 2015 spending on defence, education, highways, and health, according to an IndiaSpend analysis. These bad loans, or gross non-performing assets (NPAs) as they are called in banking parlance, of public-sector banks crossed Rs 4.04 lakh crore ($59 ...Rediff.com, 3 weeks ago
The Rs 9,000 crore Kingfisher-Vijay Mallya saga is a tough riddle to solve for 17 large banks (that lent money to the airline), the investigating agencies and the Narendra Modi-government, especially given that the return of liquor-baron to the ...Firstpost.com, 1 month ago Not only Mallya, over 5000 'wilful defaulters' together owe Rs 56,521 crore to banks India Today, 1 month ago Why the Kingfisher-Vijay Mallya episode isn't the end of Indian banks nightmares Firstpost.com, 1 month ago FE Exclusive: Vijay Mallya offers Rs 2000 cr to settle pending dues, banks won'tbuy Yahoo! India, 1 month ago
The Supreme Court will not falter in finally cleaning cronyism in the Indian cricket administration. The cricket board too has a great opportunity of using the whetstone of the Lodha panel report to end its cabalism. But it may not be very willing ...New Delhi Pioneer, 1 month ago
Sensing opportunity in India's mounting stressed assets, which stand at around Rs 8 lakh crore, many companies have evinced interest in the asset reconstruction business. However, it would be a major challenge for those who have floated special ...DNA India, 1 month ago
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