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Renewables company Sterling defaults on loan dues

India Business News: Mumbai: Sterling & Wilson Renewable Energy has missed out on a loan repayment due in September, triggering a downgrade to default by India Ratings. ....

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sunny deol: BOB withdraws auctioning of Sunny Deol's property, union alleges 'BJP style of phone banking'

Bank of Baroda (BoB) has come under fire from India s major banking sector union for withdrawing the decision to auction BJP MP and actor Sunny Deol s Mumbai property, after defaulting on a loan of around $7.5m plus interest. “This seems to be BJPs style of phone banking", said the General Secretary of the All India Bank Employees Association, CH Venkatachalam. ....

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Bank of Baroda puts actor Sunny Deol's property on auction for loan dues

Has the central government-owned mortgage lender Bank of Baroda (BOB) put actor and BJP Member of Parliament Sunny Deol’s Mumbai property on e-auction for failing to pay back a loan of about Rs 56. ....

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Time to Rein in the U.N.'s Budget

In December 2007, the U.N. General Assembly broke with a 20-year tradition of adopting budgetary decisions only by consensus by approving the 2008-2009 regular budget over a U.S. objection. ....

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Man dies of burn injuries after falling into pot of boiling porridge in Tamil Nadu | Watch

A man, identified as Muthukumar, fell into a pot of boiling porridge in Tamil Nadu’s Madurai on Friday. He was admitted to the hospital with 65% burn injuries but he died on Tuesday. ....

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