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15 ArticlesDefaults

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Defaults Galore Worldwide, Tide Turns, Sea Rough for India

Moody’s sees China Defaults as $21 Billion Matures (Bloomberg) Local-government financing vehicles need to repay a record amount of debt this year, prompting ...

UCO Banks Names and Shames S Kumar’s For Default

In what seems to be yet another mega-default, UCO Bank has put large ads in newspapers calling S Kumar’s Nationwide Limited a defaulter. S Kumar’s makes ...

Winsome Diamonds: Another 7,000 Crore Default

These figures astound me. Winsome Diamonds, a jewellery exporter, has defauted on loans to buy gold and the figures run up to a mammoth 7,000 crore. Says ...

Deccan Chronicle MD Resigns, Stock Down 18%

The Managing Director of Deccan Chronicle Holdings Limited (DCHL) has resigned and the stock is down 18.8% on Friday, on very heavy volume. DCHL, as readers ...

The Owner of Deccan Chargers Defaults

(This is a story via Dheeraj Singh) Deccan Chronicle Holdings Ltd. (DCHL), the owner of the Deccan Chargers IPL team (and the newspaper business, the Odyssey ...