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Rasul Bailay 09:52 PM | September 24,2009
The retail chain wants to reach an agreement with creditors and vendors on dues of about Rs900 crore
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Rasul Bailay 09:23 PM | September 02,2009
The CDR office had given a three-month extension till 31 July to the banks working on debt restructuring
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Saikat Chatterjee / Bloomberg 12:44 AM | June 27,2009
The debt restructuring of the company, key to the survival of the retail chain, has to be completed by 31 July, or six months since the beginning of the process
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Rasul Bailay 12:27 AM | May 20,2009
The lenders, however, claim the company, which is mainly controlled by Subramanian, is not allowing Ernst and Young to review its financial details
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Rasul Bailay and Vidhya Sivaramakrishnan 12:10 AM | May 13,2009
Kotak Mahindra Bank Ltd had filed a winding-up petition to recover Rs40 crore owed it by the retailer
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Sanat Vallikappen 01:11 AM | February 24,2009
The firm is working together with the authorities and other stakeholders including Azim Premji Investments, to resolve the problems at Subhiksha
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Rasul Bailay 11:49 PM | February 22,2009
R. Subramanian and ICICI Venture slug it out, often in the press, as stores close and workers remain unpaid
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Vidhya Sivaramakrishnan and Rasul Bailay 12:28 AM | February 12,2009
Commenting on the resignations of the directors, Subramanian suggested in an email response that these directors had quit the board to avoid the legal problems they would inevitably face as the crisis at Subhiksha worsened
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Rasul Bailay 12:35 AM | October 03,2008
R. Subramanian, managing director of Subhiksha, claims that the retail firm is on an extremely high growth path
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Rasul Bailay 01:02 AM | September 05,2008
Many vendors, who have not been paid their dues, say they have stopped supplies in NCR
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livemint.com 03:38 PM | April 23,2008
The company will strengthen its presence in the telecom retailing business through its stand alone stores as well as inclusive - shop in shop counters in its own supermarkets
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