Due to the non-payment of overdue amount of Rs 8.05 crore, a lender bank has taken possession of assets of Jagran Prakashan Private Ltd, publisher of Indore edition of leading Hindi newspaper, Dainik Jagran.
During the last month alone, the company’s stock lost nearly 20 per cent.
The assets of the company were taken by the bank on January 14 under Section 13 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
With the intention to revivify and expand the agro-based industries in Bihar, state-run Hindustan Petroleum Corporation Limited (HPCL) has signed a memorandum of understanding (MoU) with the Bihar State Sugar Corporation Ltd and Bihar government.
The MoU was signed to take over sugar mills situated at Sugauli and Lauriya in East and West Champaran for 60 years lease (that could be extended for another 30 years).
BSNL landline phone service would offer a rent rebate to Pune customers whose phones had been dead or faulty for 15 days at a stretch during April 2007 to July 2008.
The Bharat Sanchar Nigam Limited (BSNL) has issued an interim circular to give a “rent rebate” to 22,700 customers whose telephones had gone dead for three or more days in a row. The telephones went dead due to technical faults, and occurred intermittently over a 14-month period.
Here is good news for home buyers planning to take a loan of above Rs 20 lakh.
India’s top mortgage lender Housing Development Finance Corp (HDFC), on Friday, has slashed housing loan rates for new loans by 50 basis points (bps) for a limited period.
Under the scheme, home loan clients can now avail loans between Rs 20-30 lakh at an annual interest rate of 9.75%, down from 11.25% earlier.
Moreover, the customers looking for loans above Rs 30 lakh would have to pay an annual interest rate of 10.75%.
Maytas Properties, the realty division of Maytas Infra, has decided to shut down its four arms including hospitality, warehousing, affordable housing and retirement communities.
It is also learnt that the above decision has also resulted in the company issuing “pink slips” to about 80% of the 500 strong staff even as Maytas Properties has ceased most of its projects.
Hyderabad, Jan 17: The newly constituted board of Satyam Computer will meet here today to take stock of the situation arising out of Rs. 7000 crore scam perpetrated by the previous board.
On Thursday, the Government announced the nomination of three more directors to the board of Satyam Computer Services. They are Tarun Das, Chief Mentor of CII, T. N. Manoharan, an eminent chartered accountant, and Suryakant Balkrishna Mainak of the LIC.
Due to the non-payment of overdue amount of Rs 8.05 crore, a lender bank has taken possession of assets of Jagran Prakashan Private Ltd, publisher of Indore edition of leading Hindi newspaper, Dainik Jagran.
With the intention to revivify and expand the agro-based industries in Bihar, state-run Hindustan Petroleum Corporation Limited (HPCL) has signed a memorandum of understanding (MoU) with the Bihar State Sugar Corporation Ltd and Bihar government.
BSNL landline phone service would offer a rent rebate to Pune customers whose phones had been dead or faulty for 15 days at a stretch during April 2007 to July 2008. 
Here is good news for home buyers planning to take a loan of above Rs 20 lakh. 
Maytas Properties, the realty division of Maytas Infra, has decided to shut down its four arms including hospitality, warehousing, affordable housing and retirement communities.
Hyderabad, Jan 17: The newly constituted board of Satyam Computer will meet here today to take stock of the situation arising out of Rs. 7000 crore scam perpetrated by the previous board.
