News from other websites on The Deccan Chronicle
Deccan forensic audit hits a dead end
May 18, 2013 at 10:25 | Source: DNA India
Canara Bank, which has been trying to get to the truth behind Deccan Chronicle Holdings Limited s (DCHL) financial woes, seems to have reached a dead end. Its forensic audit of DCHL s accounts has led it nowhere. It is now seeking a deeper probe. Th...
Canara Bank audit finds lapses in DCHL books
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Hyderabad, May 17: An audit of the books of Deccan Chronicle Holdings Ltd (DCHL) showed many irregularities, R. K. Dubey, Chairman and Managing Director, Canara Bank, said. Canara Bank, which had an exposure of Rs 360 crore to DCHL, had conducted &#...
Kotak puts 3 Deccan assets on sale
May 17, 2013 at 11:26 | Source: DNA India
Litigation against the beleaguered Deccan Chronicle Holdings Ltd (DCHL) has paused, but its lenders are going ahead with procedure relating to the securitisation law. For instance, Kotak Mahindra Bank, which had invoked the Sarfaesi Act, 2002, is al...
Banks turn cautious on corporate lending
May 16, 2013 at 21:52 | Source: The Hindu BusinessLine
Hyderabad, May 16: Large companies are likely to face funding problems as some banks are shying away from extending loans to them. Banks are seeing increased stress on loans extended sectors such as gems and jewellery, power and roads. Higher provis...
Andhra Bank Q4 net up 1.5%, costs drag
May 04, 2013 at 04:41 | Source: DNA India
State-owned Andhra Bank is expecting some stress on its performance even in fiscal 2013-14 due to prevailing tough macroeconomic conditions. The bank has already suffered a margins dip in the just-ended year due to a variety of reasons, including sl...
Deccan Chronicle: Private lenders plan to team up to recover dues
May 02, 2013 at 21:31 | Source: The Hindu BusinessLine
New Delhi, May 2: Four private sector lenders are likely to form a consortium to collectively initiate legal action against Deccan Chronicle Holdings over defaults and delays in repayments. These lenders are ICICI Bank, Axis Bank, IDFC and Religare ...
Lenders dead against Deccan demerger plan
May 02, 2013 at 10:15 | Source: DNA India
After ICICI Bank, over a dozen other lenders to Deccan Chronicle Holdings Ltd (DCHL) are believed to be keen to oppose the troubled media major s proposed scheme to demerge its print business into a new entity, Land Interactive Media. Sources at two...
Delhi police register case against Deccan Chronicle Holdings
Apr 27, 2013 at 23:46 | Source: The Hindu BusinessLine
New Delhi, April 27: The Economic Offences Wing of the Delhi Police has registered a case against Deccan Chronicle Holdings Ltd (DCHL), besides its chairman and directors for allegedly cheating a Hong Kong-based company and its Indian agent. The com...
Deccan's small-loan defaults surface
Apr 23, 2013 at 09:51 | Source: DNA India
Even as the promoters of Deccan Chronicle Holdings Ltd (DCHL) are claiming that they have put in place a strategy to bring the company out of the financial mess of sorts, a lender of a relatively small amount to the media group has sought winding up...
Bidi firm owner faces heat after letting kid zoom around in Ferrari
Apr 22, 2013 at 18:09 | Source: FirstPost
The video of two kids driving around a housing complex prompted outrage and might result in police action against their father, not for allowing them to drive in the complex, but for not registering his fleet of supercars within the state.The YouTube...
Andhra Bank to auction Deccan Chronicle properties worth Rs 200 cr
Apr 20, 2013 at 19:37 | Source: The Hindu BusinessLine
Hyderabad, April 20: Andhra Bank is set to auction properties worth Rs 200 crore of Deccan Chronicle Holdings Ltd (DCHL) to recover loans. “We have started the process under the Sarfesi Act and identified some properties in Bangalore and Chenn...
IOB issues notice to take over Deccan Chronicle Holdings’ properties
Apr 19, 2013 at 23:46 | Source: The Hindu BusinessLine
Chennai, April 19: Indian Overseas Bank has initiated steps to possess two properties belonging to the family of Venkattram Reddy, Chairman, Deccan Chronicle Holdings Ltd (DCHL). The bank has served a repossession notice in connection with a piece o...
IOB issues notice to take over Deccan Chronicle Holdings? properties
Apr 19, 2013 at 23:46 | Source: The Hindu BusinessLine
Chennai, April 19: Indian Overseas Bank has initiated steps to possess two properties belonging to the family of Venkattram Reddy, Chairman, Deccan Chronicle Holdings Ltd (DCHL). The bank has served a repossession notice in connection with a piece o...
Deccan seeking print biz de-merger to end woes
Apr 18, 2013 at 11:10 | Source: DNA India
Debt-laden, lender-pursued Deccan Chronicle Holdings Limited, which has interests in media and retail, has filed an application in the Andhra Pradesh High Court seeking approval to de-merge its print business and its assets and liabilities to a new ...
Yes Bank profit soars 33% on net interest income
Apr 18, 2013 at 09:10 | Source: DNA India
Mid-sized lender Yes Bank has notched up a 33.2% jump in fourth-quarter net profit at Rs 362.2 crore, driven by a strong showing in net interest income and higher margins. The net interest income turned higher by 42.4% to Rs 638.1 crore. Surprisingl...
Deccan Chronicle Holdings to demerge newspapers, sports and retail businesses
Apr 18, 2013 at 04:10 | Source: Financial Express
Beleaguered Deccan Chronicle Holdings Ltd (DCHL) is in the process of demerging its printing and publication, retail and sporting activities into a separate entity called 'Land Interactive Media' registered in Delhi. According to the information pro...
Deccan Chronicle Holdings: Andhra Pradesh High Court refuses to stay creditors proceedings
Apr 17, 2013 at 20:17 | Source: Economic Times
HYDERABAD: In a setback to the promoters of Deccan Chronicle Holdings and their moves to demerge the print business, the Andhra Pradesh High Court on Wednesday refused to stay proceedings initiated by various creditors against the company and its pro...
Deccan Chronicle Holdings Ltd to demerge newspapers, sports and retail businesses
Apr 17, 2013 at 19:35 | Source: Economic Times
HYDERABAD: Beleaguered Deccan Chronicle Holdings Ltd (DCHL) is in the process of demerging its printing and publication, retail and sporting activities into a separate entity called "Land Interactive Media" registered in Delhi. According to the info...
Deccan Chronicle's demerger plans: All you need to know
Apr 17, 2013 at 19:01 | Source: FirstPost
Beleaguered Deccan Chronicle Holdings Ltd (DCHL) is in the process of demerging its printing and publication, retail and sporting activities into a separate entity called "Land Interactive Media" registered in Delhi.According to the informa...
Deccan Chroncile Holdings: Andhra Pradesh High Court refuses to stay creditors proceedings
Apr 17, 2013 at 16:45 | Source: Economic Times
HYDERABAD: In a setback to the promoters of Deccan Chronicle Holdings and their moves to demerge the print business, the Andhra Pradesh High Court on Wednesday refused to stay proceedings initiated by various creditors against the company and its pr...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
