State Bank of India filed an insolvency petition against Videocon. The TV maker filed an appeal to get back control, blamed India and Brazil for bad debt pile.
Proposed resolution plans must either bring value to the enterprise or a meaningful recovery for creditors, says Rajnish Kumar, chairman of State Bank of India, the country's largest lender.
The disproportionate concentration of bad loans in the government owned banking system has a major role to play in the crisis that India is presently facing.
The bank has asked the EC for details of parties eligible to receive funds. Finance ministry announces first issue of the scheme will be open from 1-10 March.
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
The Chinese aircraft has uncanny similarities to the American F-35 jet. There are claims that China copied the design. Cyber theft of F-35 design data was reported in 2009.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Propaganda is one of the main instrument of the bourgeois parties, and now we have fascism. It was surprise that how the above data came into public domain!
Fascism means the most rotten and violent form of capitalism, which is in deep chronic contradiction and in economic crisis since 2008 and is forced to thrive on rhetoric, jingoism, religiosity, casteism, regionalism, national chauvinism, personality cult.
Fascism, which has destroyed all the pillars of the democracy, all “independent” institutions, like EC, CAG, RBI, CBI, education and has captured all the government departments, can not be defeated through “democratic”, parliamentary path but needs a revolution, under the leadership of a proletarian party, a revolutionary party.
Only such party will defeat fascism and continue till its mother, capitalism, is replaced by socialism!
Propaganda is one of the main instrument of the bourgeois parties, and now we have fascism. It was surprise that how the above data came into public domain!
Fascism means the most rotten and violent form of capitalism, which is in deep chronic contradiction and in economic crisis since 2008 and is forced to thrive on rhetoric, jingoism, religiosity, casteism, regionalism, national chauvinism, personality cult.
Fascism, which has destroyed all the pillars of the democracy, all “independent” institutions, like EC, CAG, RBI, CBI, education and has captured all the government departments, can not be defeated through “democratic”, parliamentary path but needs a revolution, under the leadership of a proletarian party, a revolutionary party.
Only such party will defeat fascism and continue till its mother, capitalism, is replaced by socialism!
One does not have to be a statistician – I can barely count on my fingers – to know that the report is true.