Fraud Allegation: Is Deccan Chronicle another satyam?

 The company has blamed its problems on a liquidity crunch because of a sharp decline in ad spends. However, every lender is re-examining loans extended against equity shares as well as the group’s other borrowings

IFCI Ltd, a financial institution, is not known for quick action to protect its loans. So its winding-up petition against Deccan Chronicle Holdings Limited (DCHL), a Hyderabad-based...

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