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From Rs 70 cr to Rs 330 cr: SKS Micro losses just keep piling
SKS Microfinance has suffered a loss of Rs 330 crore in the quarter ended 31 March, 2012 vs Rs 69.77 crore loss in the same quarter last year, up 371 percent. #BSE Sensex #SKS Microfinance #Andhra Pradesh #EarningsShow #Rural community development
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'Kirana store funding real opportunity for SKS'
In terms of meeting its financing needs, SKS raised Rs 100 crore as a loan from SIDBI and Rs 243 crore by securitising the cash flows of its non-Andhra Pradesh portfolio. #Microfinance #SKS Microfinance #Andhra Pradesh #TheySaidIt #Rural community development
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SKS Micro finds its feet again, Akula on way out?
The attempt to remove Dr Akula can at best be seen as an image makeover for the company, which has taken a big hit since Gurumani was sacked as the CFO. #InTheNews #Microfinance #SKS #Vikram Akula #Rural community development #Gurumani
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IBN LiveKerala, Himachal to cooperate in rural development
Kozhikode: Kerala and Himachal Pradesh on Saturday announced they will strengthen implementation of their rural development projects by sharing information about feasible models and best practices. Ministers and senior government officials from the two C #Himachal Pradesh
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ABC (Australia) OnlinePlan for rural workers camp stopped
A proposal to build a workers camp in Darwin's rural area has been rejected by the Territory Government because the location was inappropriate. A petition opposing the 250-bed workers camp plan in Howard Springs received 2000 signatures. Territory Planni #Darwin
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THISDAY LIVELagos Procures 500 Guns for Neighbourhood Security Operatives
Some operatives of the Lagos State Neighbourhood Watch Lagos State Government Wednesday acknowledged the procurement of 500 stunner guns and 1,000 handcuffs for the operatives of Neighbourhood Watch, the state’s community-focused security outfit, as a me #