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Rs 4.29 cr demand notice sent to promoters of Deccan Chronicle

 Capital markets regulator Sebi has sent a notice to Deccan Chronicle Holding's promoters and asked them to pay Rs 4.29 crore in a matter related to misrepresentation of financial statements of the......

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

 Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......

RBI mandates 100% provisioning for fraud cases

 Alarmed by the growing number of fraud cases in the banking system, the Reserve Bank of India has told lenders to make 100 per cent provisioning for such accounts if a wrongdoing is detected. The......

Deccan Chronicle sues its lenders over loan spat

 Hyderabad-based media firm Deccan Chronicle Holdings Ltd has taken Future Capital and Tata Capital to court after the lenders attached the debt-ridden company’s properties following a loan......

Deccan Chronicle a/cs: Forensic audit by Canara Bank

The government said on Tuesday Canara Bank is conducting forensic audit of the accounts of troubled Deccan Chronicle Holdings Ltd, which runs a media group and owns an Indian Premier League cricket......

BCCI told to pay Rs 4,800 cr to Deccan Chargers

 BCCI is likely to challenge the arbitrator's order before the Bombay High Court. IMAGE: Led by Adam Gilchrist, Deccan Chargers won the IPL title in South Africa in 2009. Photograph: BCCI A Bombay......

Controversies make IPL's stock soar

 Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion! IMAGE: Chennai Super Kings......

BCCI is gifting IPL team to Srinivasan's friends: Modi

 Former IPL chairman Lalit Modi fired a fresh salvo at BCCI president N Srinivasan, alleging that he is trying to "gift" the Hyderabad franchise to his "friends". "So finally Sun TV has got an IPL......

PVP Ventures to bid for new IPL franchise

 PVP Ventures, a Hyderabad-based multi business house which has interest in realty, media and entertainment, on Tuesday said that it would throw its hat in the upcoming bidding for a new Indian......

Chargers fail to give bank guarantee, termination stands

 After a month long legal battle, the cash-strapped Deccan Chargers on Saturday lost its status as an IPL team after the Bombay High Court stayed the order of Arbitrator for maintaining status quo......

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