Farmers seek permission from PM to sell organs to repay debts

Last Updated: Tuesday, August 6, 2013, 14:49

A group of farmers from Haryana have sought permission from the Prime Minister to allow them to sell their vital organs.

Air India owes over Rs 4,277 cr in unpaid fuel bill

Last Updated: Friday, March 8, 2013, 17:55

National carrier Air India owes over Rs 4,277 crore in outstanding jet fuel (ATF) bills to state-owned oil companies, the largest overdue payment by any domestic air carrier.

KFA has to satisfy DGCA on all issues not just money: Ajit

Last Updated: Sunday, October 7, 2012, 17:47

Singh said the airline will have to satisfy the DGCA that "there will be no safety issues and there will be no problems due to the financial crisis."

Inflows in debt schemes push MF assets past Rs 7.5 lakh cr

Last Updated: Wednesday, September 12, 2012, 21:18

Rise in MF assets is primarily due to inflows of around Rs 14,800 crore into the liquid funds, taking the total assets under management under this category to Rs 1.93 lakh crore.

Large infra debts making Indian banks riskier than peers

Last Updated: Sunday, August 26, 2012, 16:10

A steep rise in debt levels of large business houses like Lanco, Adani, GVK, Vedanta and GMR groups in the past five years has led to a much higher 'borrower concentration risk' at Indian banks, as compared to their other Asian and emerging market peers.

South Korea's foreign debts grow to $418.6 bn

Last Updated: Tuesday, August 21, 2012, 13:53

South Korea's foreign debts grew to USD418.6 billion in the second quarter of this year as lenders increased their short-term borrowing from overseas, the central bank said Tuesday.

Aviation companies owe Rs 40,621 cr to banks: Govt

Last Updated: Wednesday, August 8, 2012, 18:58

Aviation companies owe Rs 40,621 crore to banks as on June 2012, of which the outstanding loan by country's largest lender SBI is over Rs 5,000 crore.

Michael Jackson`s estate clearing late singer`s debts

Last Updated: Monday, July 16, 2012, 08:38

King of Pop Michael Jackson`s estate are on the course to pay off the late singer`s USD 500 million debt by the end of the year.

Quick recovery of Kingfisher debt not possible in near-term: SBI

Last Updated: Tuesday, July 10, 2012, 14:01

KFA has been seeking fresh bank funding since last December apart from raising overseas funds.

Interest burden to swell if cos reschedule foreign debt: S&P

Last Updated: Thursday, June 21, 2012, 21:17

Global rating agency Standard & Poor's Thursday warned that 56 Indian companies, which have to pay back USD 5 billion worth of foreign debt this calendar year, could see their interest burden going up by USD 700 million if they choose to reschedule these obligations.

Debt MFs to see higher inflows as growth woes persist: Experts

Last Updated: Tuesday, June 5, 2012, 23:04

Global uncertainty coupled with problems faced by the domestic economy would lead to higher fund flows into debt-oriented mutual funds, according to industry experts.

Guarantors liable to pay if debtors default: SC

Last Updated: Tuesday, May 29, 2012, 19:43

The guarantor of a loan is liable to pay it if the debtor fails to clear it, the Supreme Court has ruled, while maintaining that financial institutions too cannot act like property dealers in recovering the debts.