#HBDRakulPreetSingh #mentalhealthday
Private Sector is better.
7 out of the 10 telecom companies have shut business and gone home leading to job losses.
Private Sector is better.
7 out of the 10 telecom companies have shut business and gone home leading to job losses.
All airline companies are in distress. Jet Airways shut down with 18,000 jobs as direct loss and ten times more as indirect loss. The banks too took a hit, same with King Fisher. Every other airline is struggling. Some have been declared by their auditors as no longer a
going concern, that means capital is completely eroded.
In UK, railways privatized over 30 years ago are in a mess. The government is now planning to take over and reverse the decision.
Subhash Chandra is out of Zee Television due to his massive debt.
In UK, railways privatized over 30 years ago are in a mess. The government is now planning to take over and reverse the decision.
Subhash Chandra is out of Zee Television due to his massive debt.
Videocon has shut down rendering thousands jobless.
Reliance Anil Dhirubhai Ambani Group has turned everything it touched to dust. It sits on massive amounts to debt and the Managing Director has declared bankruptcy. He is fighting Bank of China
Reliance Anil Dhirubhai Ambani Group has turned everything it touched to dust. It sits on massive amounts to debt and the Managing Director has declared bankruptcy. He is fighting Bank of China
against attachment of his personal assets and has claimed that he has sold his wife's jewelry worth 9.5 Crore to pay lawyer fees.
Tata Motors is in 45,000 Crore debt, which it wants to retire in 3 years.
Tata Motors is in 45,000 Crore debt, which it wants to retire in 3 years.
Tata Power is retiring 4000 Crore debt this year to save 380 Crores as interest payment.
The NCLT is seeing pitched battles for survival.
Banks are taking up to 90% haircut on the advances that they have given to private parties, writing off the rest as non-recoverable dues.
The NCLT is seeing pitched battles for survival.
Banks are taking up to 90% haircut on the advances that they have given to private parties, writing off the rest as non-recoverable dues.
NPA's are at an all time high. Because of all this, the country's GDP has been officially declared at -24% whereas actually it is estimated to be -46%.
The states are not being paid their portion of GST even after it has been collected.
The states are not being paid their portion of GST even after it has been collected.
And we are being told that Private Sector is good.
Good my foot.
Good my foot.
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