The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed
The latest updates from the Tamil film industry.
Siva group defaulted on payment in 2016 and is also facing CBI investigation
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
'Some say the destination is important, but I would say journey, destination and company.'
The Rajya Sabha session was marred by heated exchanges between the opposition and treasury benches regarding the deployment of security personnel in the House. The session was adjourned amidst protests and accusations of undemocratic conduct.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.
The latest updates from the Telugu film industry.
'After meeting him, I learned what brother from another mother actually meant,' Suriya said, looking fondly at Bobby.
The Indian IT industry recorded 25.2 per cent employee attrition in FY22 and that pain will continue as it loses talent to other industries, said a report by TeamLease. The attrition in the contract staffing industry is predicted to touch at least 50 per cent in FY23 compared to 49 per cent in FY22, said the report called 'Brain Drain: Tackling the great talent exodus in IT sector'. Company policies, payment and work flexibility is making talent move, as non-technology firms step up demand. "Tech talent in non-tech companies will see 3X growth in the coming years, opening up approx 1 million new tech jobs by 2025.
'I want to break the notion that models can't act.'
RPG Enterprises Chairperson Harsh Goenka on Tuesday said the NCLT should be the next institution to be cleansed by the government to prevent "hard earned public money being stolen" as companies' promoters stash away money on the side and get "80-90% haircut" from bankers during the insolvency resolution process. In an apparent reference to recent cases of insolvency proceedings of some firms wherein creditors have taken huge haircuts on their dues, Goenka said it is the "new game in town". Insolvency resolution plans require approval of the National Company Law Tribunal (NCLT).
Saif Ali Khan has joined the NTR Jr=Janhvi Kapoor starrer NTR 30.
The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.
Expressing solidarity with jailed All India Anna Dravida Munnetra Kazhagam supremo Jayalalithaa, a former actor, members of the Tamil cinema industry on Tuesday embarked on a day-long 'silent fast" in Chennai on Tuesday.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.
On Day 2 of Parliament's monsoon session 2020, Defence Minister Rajnath Singh is likely to make a statement on the continuing standoff between Indian and Chinese troops along the Line of Actual Control in eastern Ladakh.
The 10th edition of South Indian International Awards took place in Bengaluru over the weekend.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
The proposed amendment to the Cigarettes and Other Tobacco Products Act puts the livelihooNewd of millions of women in jeopardy, according to a study. The new insertion (Section 10A(3)) makes it mandatory for persons to obtain licences, permissions and registrations for manufacturing, selling and distributing any tobacco product, it said. "This insertion if implemented will be an extremely harsh measure for small vendors who do not have the competency or financial means to obtain such licence," said the study by human rights lawyer Vibha Vasuki and senior professor of anthropology Siva Prasad Rambhatla.
Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.
An intense thriller that sheds light on the deadly war between powerful drug cartels and the police.
Stars from the south Indian movie industry have stepped up to do what they can to help out.
A lowdown on what's happening in the Tamil film industry.
A look at the pictures.
'Anybody who watches my work will see that I am really trying to do something different in each film.'
'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'
By the time they turned 40, Prithviraj Kapoor had done about 50 films, Raj Kapoor about 46 films and Rishi Kapoor about 80 films. As Ranbir Kapoor turns 40, Deepa Gahlot explores the Kapoors cinematic landscape to find out where the young actor stands in comparison to his great grandfather, grandfather and father.
Here's what happening in the Telugu film industry.
'Doing Janatha Garage was one of the biggest decisions I've made and it has paid off. I got calls from Bollywood after this. So in that way, the film has given me good exposure.' Unni Mukundan is excited about his Telugu debut.
Taapsee Pannu talks about her upcoming film Daruvu.
Take a look at the pictures.
Tamil Nadu Chief Minister M K Stalin's Cabinet, including him, would be 34-member strong and he has retained senior leaders like Duraimurugan and over a dozen shall be ministers for the first time.
The Kannada film seems to be a mix and match of several Telugu films.
The Telugu film industry mourned the director.
