Category : Search result: PIA financial crisis


Pakistan Sells State-Owned PIA for Rs 135 Billion

Pakistan sells its national carrier PIA for Rs 135 billion, highlighting a severe economic crisis. The sale follows government absorption of over Rs 650 billion in liabilities. Read more.

Bagalkot Horticulture University in Rs 50 Cr Fund Crisis

Karnataka's sole University of Horticultural Sciences in Bagalkot faces a severe financial crunch. With a Rs 50 crore annual shortfall, staff salaries and vital research are at risk. Experts demand urgent government intervention.

MUFG buys 20% in Shriram Finance for $4.4 billion

Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.

Delhi Govt Orders Special Audit of Medical Council

Delhi government mandates a 30-day special audit of Delhi Medical Council to probe financial irregularities and recover losses. The audit targets Dr. Girish Tyagi's tenure. Full story inside.

PIA Balloons in Himachal Raise Security Concerns

Himachal Pradesh police investigate multiple incidents of Pakistan International Airlines (PIA) branded balloons found in Una and Kangra districts. No spying devices found yet, but origin probe intensifies.

Satheesan: Kerala in Crisis After 9.5 Years of LDF Rule

Opposition Leader V.D. Satheesan accuses the Pinarayi Vijayan govt of failed governance, financial crisis, and corruption. UDF releases chargesheet and manifesto promising decentralization, health reform, and 5 lakh houses. Read the full plan.

PIA Reveals Indian Icon Business Awards 2025 Winners

The Progressive Indian Alliance (PIA) has announced the distinguished winners of the Indian Icon Business Awards 2025 Special Edition, celebrating excellence across diverse sectors. Discover the leaders shaping India's economic future.

PIA Reveals Indian Icon Business Awards 2025 Winners

The Progressive Indian Alliance (PIA) has unveiled the distinguished winners of its Indian Icon Business Awards 2025 Special Edition, celebrating excellence across diverse sectors. Discover the leaders shaping India's economic future.

Pakistan to Sell Loss-Making PIA via Bidding

Pakistan initiates bidding to privatise loss-making Pakistan International Airlines (PIA), a key step under its $7 billion IMF programme. Read the full details and implications.

56% of KSRTC Buses Lack Insurance Coverage

Shocking data reveals over 3,140 Kerala RTC buses operate without insurance. Officials cite a 1965 exemption, while accident claims burden the debt-ridden corporation. Read the full district-wise breakdown.

Andhra Minister Lokesh Accuses YSRCP of Fund Misuse

Andhra IT Minister Nara Lokesh alleges YSRCP govt splurged Rs 722 crore on CM's palace & travel while state faced financial crisis. YSRCP hits back, calling him a 'con artist'. Read the full political clash.

Himachal CM Cites Central Grant Cut for Fund Delays

Himachal Pradesh CM Sukhvinder Singh Sukhu cites a steep cut in central grants and borrowing limits for delaying MLA funds and revised salaries. The state's finances are under severe strain. Read more.

Roadmap to Financial Independence for Indian Women

Indian women are diligent savers but often sidelined in key money decisions. This guide provides a 5-step action plan to take charge, from joint property ownership to leveraging women-specific benefits.

GIFT City: India's Rival to Dubai and Singapore

Discover how Gujarat's GIFT City is transforming into India's premier financial hub, challenging global centers like Dubai and Singapore with tax benefits and world-class infrastructure.

LNS Director Arrested in ₹850 Crore Fraud Case

Vedhanarayanan, a director of LNS International Financial Services wanted in a massive ₹850 crore investment scam, has been arrested at Chennai airport. Discover the full story of the financial fraud that duped thousands.

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