NEW DELHI: Around 2,300 home buyers of Jaypee Infratechs Wish Town project in Noida moved the Supreme Court on Friday, requesting it to ensure the builder deposited the money needed to complete the project with the court or in an escrow account before lifting a stay on insolvency proceedings at the company. They also want…
DetailsState Bank chairman Arundhati Bhattacharya today urged small and medium enterprises (SMEs) to focus on raising funds through equity instead of debt to drive their businesses in a healthier manner. She said SMEs’ relying more on debt for their growth capital in the initial stage of their business put pressure on their balance sheets. “One…
DetailsWelcome to Barf Bag, a daily politics roundup to help you sort through the chaotic Trumpian news cycle. Its been eight sordid months and I still wince when I hear the words President Trump. Heres all the shit we couldnt cover today: In the wake of Hurricanes Harvey and Irma, the House has a passed…
DetailsTHIRUVANANTHAPURAM: The Tamil Nadu police initiated a preliminary inquiry against Nirmal Krishna Nidhi Limited at Palukal on the Kerala-Tamil Nadu border area of Kanayakumari district after protests by investors turned violent on Friday. Hundreds of investors, both from Kerala and Tamil Nadu, have been gathering in front of the firm since Thursday. By Friday, the number…
DetailsAcross the country, medical examiners offices are facing a shortage of forensic pathologists. These are the people performing autopsies to determine the cause of a death. And there arent enough of them, at a time when caseloads are rising, in part due to the opioid epidemic. The Maricopa County Office of the Medical Examiner came…
DetailsOn Friday afternoon, the House of Representatives passed a $15 billion hurricane relief package and, in the same bill, raised the debt ceiling and funded the government through December. The omnibus bill passed 316-90, with all Democrats and most Republicans voting for it, and President Trump signed it into law late Friday. The aid package…
DetailsAmerican radio personality Craig Carton allegedly orchestrated a Ponzi scheme in order to repay a $2.5 million gambling debt, according to a lawsuit and charges filed by the federal government. Carton, the former co-host of the Boomer and Carton sports radio program on WFAN in New York City, was arrested Wednesday for securities fraud and…
DetailsLast Updated Sep 8, 2017 1:01 PM EDT Four Texas Republicans on Friday voted against the bill that included aid for Hurricane Harvey recovery in their state, along with a debt limit extension. The House approved the legislation 316-90, in a vote that authorized $15.3 billion in aid for those affected by Harvey, raised the…
DetailsBond investors are playing a tricky game with lower-rated U.S. retailers, and they appear to be losing. Here’s how it goes: Investors buy beaten-up bonds of struggling store operators and earn big regular payments for as long as they can. The bond buyers win if the companies remain solvent for longer than expected or even improve their…
DetailsPatrick Anderson Journal Staff Writer patrickanderso_ PROVIDENCE, R.I. — A judge Friday assigned Max Wistow, the lawyer who sued architects of Rhode Island’s 38 Studios deal, to investigate the insolvency of a pension plan for Our Lady of Fatima employees. The St. Joseph Health Services of Rhode Island pension was placed in receivership last…
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