Search Results for: Debt trap

Morgan Stanley Downgrades India's Telecom Sector; Reliance Communications, Idea Shares Fall

India's telecom industry suffered a blow on Tuesday, with Global firm Morgan Stanley downgrading its outlook on two of the nations' telecom companies.

May 29, 2012

air-india-pilots-craving-for-jodhpurs-onion-kachoris-delays-flight-by-one-hour

Air India To Re-Open International Bookings; 130 Executive Pilots Roped In

Air India may restore international bookings and spruce up a new flight schedule, following the three-week strike impressed by its airline pilots.

May 29, 2012

Moody's Positive on India's Ratings Despite Depreciating Rupee

Rating agency Moody's has said that India's sovereign ratings will remain intact despite the depreciating rupee.

May 28, 2012

Rupee Plunges To New Low Of 55.87/$ Amid RBI Intervention

The rupee plunged to a new low of 55.87 in the early Wednesday trade, marking its sixth consecutive record low against the US dollar.

May 23, 2012

Kingfisher Pilots Call Off Strike, Mallya Assures To Pay Salary Dues By May 15

The striking Kingfisher pilots called off their strike after the cash-strapped airlines' management promised them that they would clear all the outstanding salaries by May 15

May 12, 2012

Unpaid Kingfisher Airline Pilots Go On Strike; Indian Aviation Sector In Crisis

Pilots of Kingfisher Airlines began to strike work on Thursday demanding payment of their long-pending salaries.

May 10, 2012

Francois Hollande Wins French Presidential Elections

Francois Hollande will become the next President of France as poll results showed a victory for the Socialist Party leader with 52 percent of votes in Sunday's elections.

May 7, 2012

Presidential Elections: Karunanidhi Backs Pranab; Will Jayalalithaa?

Tamil Nadu Chief Minister Jayalalithaa took an evasive stand on the upcoming Presidential election, when she was asked whether she would support Congress's leader and Finance Minister Pranab Mukherjee.

May 5, 2012

wb-teachers-and-principal-thrashed-after-trinamool-leaders-wife-caught-cheating-in-exam-reuters

Mamata To Meet PM, Sonia Over Presidential Elections

Mamata Banerjee will meet Prime Minister Manmohan Singh and discuss over Presidential elections and financial bailout package for debt-ridden West Bengal

May 3, 2012

Manmohan Singh Assures Bail Out For Debt-ridden West Bengal

Prime Minister Manmohan Singh on Friday assured that the Center would do everything to bail out the debt-ridden West Bengal government after a brief meeting with Trinamool Congress MPs.

Apr 28, 2012

BSE Sensex Falls Again; S&P Rating Affects Indian Stocks

The BSE Sensex fell for a second session in a row on Thursday, as the investors get cautious after the rating agency Standard & Poor's cut India's outlook to negative from stable on Wednesday.

Apr 26, 2012

S&P and Moody's Give Contradictory Ratings on India's Outlook

Rating agencies Standard & Poor's and Moody's have caused confusion with their contradictory ratings on India's outlook. The former cuts India's outlook from stable to negative in its latest rating while the latter says it's stable.

Apr 26, 2012

Congress Says Bofors Scandal Closed; Opposition Wants to Reopen the Scam

The revelation made by former Swedish Police chief Sten Lindstrom in an interview to thehoot.org that he was the whistleblower who leaked documents to journalist Chitra Subramanian-Duella on Bofors scandal, has opened the otherwise sealed Pandora's box.

Apr 25, 2012

Standard & Poor's Downgrades India's Outlook, Rates Negative; Don't Panic, Says Pranab

Standard & Poor's has cut India's outlook to negative from stable on Wednesday. The ratings agency downgraded the country's outlook on account of large fiscal deficit, not very impressive reforms, fall in stocks and rupee.