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  • How to get out of a debt trap?

    How to get out of a debt trap?

    Debt traps are not an imaginary situation. If you are stuck in one, it is high time you take steps in the right direction to come out of it.

  • Cabinet proposal soon to resolve discom issues: Goyal

    Cabinet proposal soon to resolve discom issues: Goyal

    The Power Ministry is working on a proposal to deal with over Rs 4 lakh crore loans of power distribution companies with a view to bring down their liabilities.

  • TN govt plans to add 3,230 MW before March 2014

    TN govt plans to add 3,230 MW before March 2014

    The Tamil Nadu state budget was tabled today and there is some good news for the debt ridden state electricity board (SEB). The government has said that the power situation in Tamil Nadu is set to improve and the SEB will turn around in 3-4 years.

  • Jet Airways to raise funds to stay aloft

    Jet Airways to raise funds to stay aloft

    Debt-ridden Jet Airways said on Tuesday it would sell and lease back aircraft and offload land to raise funds for what its auditors called a cash crunch threatening its future.

  • Kingfisher Q2 loss widens to Rs 468.66 cr

    Kingfisher Q2 loss widens to Rs 468.66 cr

    Debt-ridden Kingfisher Airlines today reported that its net loss doubled to Rs 468.66 crore in the quarter ended September 30, 2011, as higher fuel prices depressed operating margins.

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