tag:blogger.com,1999:blog-9917432.post4980775507274926953..comments2023-10-30T17:07:19.996+05:30Comments on Don't trust the Indian Media!: Hmmm...Khttp://www.blogger.com/profile/06885651813993966354noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9917432.post-14767888154608295632008-11-04T15:11:00.000+05:302008-11-04T15:11:00.000+05:30I'm at INX and we haven't completed 2 weeks yet, s...I'm at INX and we haven't completed 2 weeks yet, so it's slightly difficult to be two weeks overdue :)! We got paid early this month, on the 24th in fact, for Diwali. But woww, it is interesting, with what's happening in virtually all media organisations...very, very interesting!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9917432.post-29821635591832461892008-11-03T09:29:00.000+05:302008-11-03T09:29:00.000+05:301. INX paid salaries over 2 weeks late...huge cash...1. INX paid salaries over 2 weeks late...huge cash crunch. The PE investors who plumped for Peter are now hopping mad, and are pushing him to approach other biggies for a merger / buyout.<BR/><BR/>2. Raghav Bahl has approached leading financial institutions for a sizeable loan to tide over cash crunches, and margin calls...if the slump continues the fear is that he may have to part with a slice of his overleverage, overextended empire. interesting that the same is happening with his jv partner's owner-mogul sumner redstone.Anonymousnoreply@blogger.com