Power dept official falls off pole, dies in Srinagar
India | November 07, 2019 15:56 ISTManzoor Ahmad, an inspector in the PDD, fell off a pole and died on the spot, the officials said.
Manzoor Ahmad, an inspector in the PDD, fell off a pole and died on the spot, the officials said.
According to The Hill news, the national debt has grown by about 16 per cent since President Donald Trump came to power in January 2017 when it stood at $19.9 trillion. The US debt exceeded $22 trillion for the first time 10 months ago.
Raising funds for the third time in little over a month, Air India Assets Holding Ltd (AIAHL) on Thursday raised Rs 7,985 crore through a bond sale, which was oversubscribed. A special purpose vehicle of Air India, AIAHL has mopped up a total of Rs 21,985 crore by way of bond issues since September 16 and the proceeds would be utilised to repay a debt of the national carrier.
"The employee (Jhunjunwala) has been immediately dismissed. We are also engaged with the authorities (police) to activate criminal proceedings," the company told IANS in an e-mail.
Ashwani Jhunjhunwala, the firm's vice president, has been arrested and will be produced in court, deputy commissioner of police of Whitefield M N Anucheth told PTI.
The consortium of 30 lenders led by state-run Union Bank of India, which includes banks and other financial institutions, may also consider the conversion of debt into equity that can make them the largest shareholder in the mortgage lender, sources said over the weekend.
Last year, the Centre had invited Expression of Interest for strategic disinvestment of Air India, including its shareholding in Air India Express and Air India Air Transport Services Limited. However, it did not receive any bid till the last date on May 31, 2018.
In a conference call with media, he said the Rs 35,000 crore debt repayment includes debt servicing by Reliance Capital, Reliance Power and Reliance Infra and their respective affiliates.
With CPEC and other projects China slowly dominating over debt ridden Pak
In 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.
Two 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
After 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
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
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
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
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
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.
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
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
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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