Debts
(Search results - 9)IndiaApr 15, 2024, 3:02 PM IST
Hyderabad: Lamborghini worth Rs.1 crore set ablaze in bitter financial dispute, video viral (WATCH)
In a surprising incident in Hyderabad, a Lamborghini Gallardo worth around ₹1 crore was deliberately set ablaze during a disagreement between two car resellers regarding unpaid debts. A camera captured the troubling incident, which quickly went viral and captured the attention of many.
IndiaMar 26, 2024, 12:24 PM IST
Karnataka: Woman in Chitradurga commits suicide over husband's online cricket betting debts
A tragic incident occurred as a man got deeply involved in online cricket betting, accumulating debts worth crores in his pursuit of quick wealth. This distressing situation led to his wife taking her own life due to the constant threats from creditors who had loaned money to her husband. The man, an assistant engineer at the state minor irrigation department in Hosadurga, Chitradurga, reportedly lost around Rs 1.5 crore in online cricket betting, which tragically resulted in his homemaker wife's suicide.
IndiaMar 12, 2024, 7:07 PM IST
CA tried to sell kidney to pay off debt, got scammed for Rs. 6.2 lakh
A chartered accountant from Bengaluru tried to sell his kidney to pay off his debts and contacted someone online via a kidney donor website but instead got scammed out of Rs. 6.2 lakh.
IndiaSep 16, 2019, 9:48 AM IST
Woman sells daughter to traffickers; Delhi Commission for Women comes to rescue
Due to severe debts, a woman was forced to sell her 15-year-old daughter and her one-year-old son to traffickers
IndiaMar 25, 2019, 6:18 PM IST
Why Jet Airways is immersed in crisis
Jet Airways is immersed in a crisis that it is struggling to get out of. With Jet’s inability to repay debts, most of the aircrafts in the fleet are grounded and about 41 aircrafts are currently operating. The Directorate General of Civil Aviation has said on March 19 that the fleet is expecting a further downsizing.
IndiaFeb 28, 2019, 10:40 AM IST
Kerala sees 7 farmer suicides in 2 months; Pinarayi Vijayan to call bank managers to help with debts
Kerala chief minister Pinarayi Vijayan has decided to call bank managers to discuss possible measures to support the farmers. Reports say that in the past two months, seven farmers have committed suicide in Idukki due to debts.
ViewsDec 22, 2018, 2:06 PM IST
Farm loan waivers: How long will we have to repay money we haven't borrowed while the beneficiary remains poor?
The act of waiving off loans affects not only the banks and taxpayers but also the farmers who are the intended beneficiaries of the populist dole. Once the farmers are told not to pay back the money they had borrowed, the banks wait for the government to reimburse the money that has been forsaken. This money arrives after many years. Until then, banks are reluctant to disburse further loans to farmers, with the apprehension of not being able to recover the amount. Finally, when the banks get the money from the government, it is taken from the tax collections: that is, from people who had not taken the loan in the first place!
IndiaDec 11, 2018, 6:44 PM IST
IL&FS crisis: Urjit Patel ignored whistleblower’s letters calling for probe, claims report
The whistleblower had sent a letter in July 2017 and had asked Urjit Patel to investigate '4 years of mismanagement, fatal financial engineering to declare dividend/show divestment & serious corruption by entire top management'
WorldOct 17, 2018, 2:22 PM IST