Modi govt putting ‘pressure’ to stop GSPC from being declared bankrupt: Cong – Business Standard

The Congress today claimed that public-sector Gujarat State Petroleum Corporation (GSPC) owes Rs 12,000 crore in loans to various banks, and accused the Narendra Modi government of trying to prevent the company from being declared bankrupt. Senior Congress leader Jairam Ramesh claimed at a press conference that a Rs 20,000-crore scam has come to…

PM Narendra Modi government putting ‘pressure’ to stop GSPC from being declared bankrupt: Congress – Moneycontrol.com

The Congress today claimed that public sector Gujarat State Petroleum Corporation (GSPC) owes Rs 12,000 crore in loans to various banks, and accused the Narendra Modi government of trying to prevent the company from being declared bankrupt. Senior Congress leader Jairam Ramesh claimed at a press conference that a Rs 20,000-crore scam has come to…

Wonga ‘on brink of collapse’ after payday loan company was overrun with compensation claims – The Sun

PAYDAY loans giant Wonga is said to be on the brink of going under. The company was kept afloat three weeks ago thanks to a £10million emergency cash injection from shareholders. PA:Press Association Wonga is allegedly preparing for administration But sources say it merely encouraged a new wave of compensation claims for alleged unfair debt…