Mumbai (Maharashtra) [India], Oct 3 (ANI): Economic Offence Wing of Mumbai Police on Thursday arrested Housing Development Infrastructure Limited (HDIL) Directors Sarang Wadhawan and Rakesh Wadhwan. They are accused of loan default in connection with Punjab and Maharashtra Cooperative (PMC)
Mumbai (Maharashtra) [India], Sep 30 (ANI): Troubled renewable energy solutions provider Suzlon on Monday denied reports suggesting that it has filed for bankruptcy and will soon be approaching the National Company Law Tribunal (NCLT).
Chandigarh (Punjab) [India], Sept 16 (ANI): In a bid to revive sick rice units, the Punjab Council of Ministers on Monday approved a Dues Recovery and Settlement Scheme 2019-20 for the state's defaulting rice millers, paving the way for the recovery of a significant portion of the Rs 2041.51
Lucknow (Uttar Pradesh) [India], Sept 4 (ANI): Uttar Pradesh Primary Education Minister Dr Satish Dwivedi on Wednesday assured strict actions against those responsible for providing poor quality food to students under mid-day meal scheme.
Lucknow (Uttar Pradesh) [India], Sep 3 (ANI): If someone walks down a street holding plastic bag in Lucknow, chances are high that their wallet will be at least Rs 500 lighter.
Indore (Madhya Pradesh) [India], Sept 1 (ANI): A businessman in Madhya Pradesh was forcefully evicted from his residence after he failed to pay back bank loan of Rs 50 lakh.
New Delhi [India], Aug 23 (ANI): State-owned oil marketing companies (OMCs) led by Indian Oil have stopped jet fuel supply to Air India at six airports -- Kochi, Pune, Patna, Ranchi, Vizag and Mohali -- over payment defaults.
Mumbai (Maharashtra) [India], Aug 20 (ANI): Dewan Housing Finance Corporation (DHFL) has said it defaulted on its financial repayment obligations worth Rs 1,571 crore with regard to the issuance of bonds and commercial papers.
Singapore, Aug 16 (ANI): Fitch Ratings said on Friday it has downgraded leading real estate player Macrotech Developers Ltd (MDL) due to the concerns on liquidity management.
Gautam Buddh Nagar (Uttar Pradesh) [India], Aug 14 (ANI): In a huge relief to flat owners of a residential society, Union Bank of India (UBI) on Wednesday withdrew a notice asking them to vacate their houses by August 20 as the builder failed to pay Rs 78.45 crore loan.
Mumbai (Maharashtra) [India], Aug 9 (ANI): Dewan Housing Finance Corporation (DHFL) has said that its payment obligations falling due in the immediate future may not be met as per their existing schedule.
New Delhi [India], Aug 8 (ANI): Jindal Steel and Power Limited (JSPL) has said that all recent speculations with respect to its payment default are baseless and false in nature.