A breathtaking hiking trail

Pandavanpara, on the Perungadavila- Karakkonam Road, offers a stunning view

published on : 24th May 2019

Madras HC rejects plea to order re-poll in Ponparappi

A vacation bench of the Madras High Court has rejected a plea to order re-poll in Ponparappi of Chidambaram Lok Sabha constituency.

published on : 23rd May 2019

Johnny Depp hit with USD 350,000 lawsuit over unpaid legal bill

The firm alleges that they were hired by Depp to represent him in the USD 30 million legal battle with his former lawyers Bloom Hergott LLP, reported Variety.

published on : 21st May 2019

CPM offers suggestions to prevent clashes at Ponparappi

A fact-finding committee of CPM has put forth many suggestions for preventing caste clashes in Ponparappi which witnessed attacks on Dalit community on April 18, the date of polling in Lok

published on : 19th May 2019

Attack on Dalits in Ponparappi was preconceived and murderous: MIDS study

The report sought the Director General of Police to probe police response to the violence.

published on : 10th May 2019

Parliamentary panel meets bankers to discuss stressed loans, IBC

The panel also took views from bankers on problems they faced in managing NPAs and discussed changes required in the Insolvency and Bankruptcy Code to fast-track resolution process.

published on : 9th May 2019

Rise in LICHFL’s retail loan NPAs stuns market

Analysts, who had pointed out how the bank’s loan book has continued to grow at 15 per cent, also noted how it was largely driven by LAP (Loan against Property) and builder loans.

published on : 8th May 2019

Ponparappi violence: War of words continues

A demonstration was staged by DMK and its allies on April 24 here to condemn the attack on Dalits at Ponparappi in Ariyalur district. 

published on : 2nd May 2019

Parliamentary panel to meet RBI governor, PSB heads over NPAs

Apart from Das, the meeting is likely to be attended by the heads of public sector banks and secretaries of the Department of Financial Services and Ministry of Corporate Affairs.

published on : 25th April 2019

RBI asks banks to disclose NPAs of IL&FS

The Reserve Bank of India circular on Wednesday is a proactive assessment that the central bank has taken just in time before banks announce theirMarch quarter earnings. 

published on : 25th April 2019

Police security beefed up in Ponparappi, but Dalits fear escalation of tension

Ponparappi falls under Chidambaram constituency, where VCK chief Thol Thirumavalavan contested.

published on : 20th April 2019

Higher provisioning over IL&FS exposure could drain bank balance sheets 

IL&FS’ consolidated debt is in excess of Rs 90,000 crore, of which over Rs 50,000 crore is with banks.

published on : 10th April 2019

Government, RBI will have to bring new rules: Niti Aayog CEO on SC order on NPA circular

Amidst a rash of announcements over income support schemes, the bureaucrat also stressed on the need to ensuring higher growth to fund such dole-outs.

published on : 3rd April 2019

75 firms have debt of Rs 2.24 lakh crore: Petitioners

Power, shipping and sugar companies have challenged the Reserve Bank of India's February 12 circular which has identified about 30 companies, which have loans over Rs 2,000 crore and are stressed.

published on : 31st March 2019

Will Jet’s lenders classify its account as NPA?

But it’s important to note that though Jet honoured payments, it is a fact that there’s a cash flow issue and defaults aren’t completely unavoidable without additional capital infusions. 

published on : 27th March 2019
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