Debt Ridden

Overall, gross NPAs of the public sector banks have surged from 5.43 per cent (Rs 2.67 lakh crore) in 2014-15 to 9.32 per cent (Rs 4.76 lakh crore) in 2015-16.

In a bizarre incident, a 30-year-old man from the neighbouring Khargone district allegedly posted a 'status update' on social networking site Facebook seeking to sell his wife for Rs one lakh, in order to clear his debts.

In Maharashtra's Wardha district, seven debt-ridden farmers, among them three women, have sought the administration's "permission" to commit suicide.

Some of the lenders of debt ridden Deccan Chronicle Holdings (DCHL) are not keen on a debt recast of the company owing to lack of clarity over the approach and pending submission of a forensic audit report.

While the debt ridden Air India is already struggling to stay afloat, its own employees seem to be dragging down the image of the beleaguered carrier further. The new problem for the airlines comes in the form of its senior-most pilots undergoing training to manoeuvre the Boeing 787 aircraft at Singapore last week.

Private equity firm TPG along with Chennai-based Shriram Group has concluded transactions for the purchase of the wholesale and franchise business and retail undertaking of Vishal Retail Ltd, according to TPG. TPG also announced that it will invest Rs 200 crore into TPG Wholesale to fund the turnaround of Vishal's business and future growth...

A 32-year-old debt-ridden farmer committed suicide by consuming poison in Nasik, police said today.Nandlal Namdev Ahire, a resident of Devghat in Malegaon taluka in the district took the extreme step yesterday after being unable to pay back a loan of Rs 1.34 lakh, they said.

Overall, gross NPAs of the public sector banks have surged from 5.43 per cent (Rs 2.67 lakh crore) in 2014-15 to 9.32 per cent (Rs 4.76 lakh crore) in 2015-16.

In a bizarre incident, a 30-year-old man from the neighbouring Khargone district allegedly posted a 'status update' on social networking site Facebook seeking to sell his wife for Rs one lakh, in order to clear his debts.

In Maharashtra's Wardha district, seven debt-ridden farmers, among them three women, have sought the administration's "permission" to commit suicide.

Some of the lenders of debt ridden Deccan Chronicle Holdings (DCHL) are not keen on a debt recast of the company owing to lack of clarity over the approach and pending submission of a forensic audit report.

While the debt ridden Air India is already struggling to stay afloat, its own employees seem to be dragging down the image of the beleaguered carrier further. The new problem for the airlines comes in the form of its senior-most pilots undergoing training to manoeuvre the Boeing 787 aircraft at Singapore last week.

Private equity firm TPG along with Chennai-based Shriram Group has concluded transactions for the purchase of the wholesale and franchise business and retail undertaking of Vishal Retail Ltd, according to TPG. TPG also announced that it will invest Rs 200 crore into TPG Wholesale to fund the turnaround of Vishal's business and future growth...

A 32-year-old debt-ridden farmer committed suicide by consuming poison in Nasik, police said today.Nandlal Namdev Ahire, a resident of Devghat in Malegaon taluka in the district took the extreme step yesterday after being unable to pay back a loan of Rs 1.34 lakh, they said.