Write-offs

RECENT NEWS
The Economic Times  4 hrs ago  Comment 
There are still large loan write-offs and the stress will not go away unless there is robust pick-up in growth.
Yahoo  Nov 19  Comment 
Petróleo Brasileiro SA could slash the value of its assets by as much as 21 billion reais and cut dividends as a result of an ongoing investigation into alleged graft and money-laundering at Brazil's state-controlled ...
The Economic Times  Nov 14  Comment 
Again compared to last quarter, this number is on lower side. So, that is not a worry because last quarter, the write-off was around Rs 5698 crore.
The Australian  Oct 31  Comment 
RIO TINTO looks set to take a $US2.5 billion writedown on its huge but troubled copper project in Mongolia.
guardian.co.uk  Oct 2  Comment 
Labour MPs call for Wonga to be hauled before parliament for questioning Here is a round-up of instant reaction to Wonga, the controversial payday lender which in a surprise move announced that it would write off the debts of 330,000...
StreetInsider.com  Sep 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Bill+Barrett+%28BBG%29+Closes+Gibson+Gulch+Stake+Sale%3B+Won%27t+Record+Ruby+Pipeline%2C+Transportation+Agreements+Write-Off+in+Q3/9872640.html for the full story.
Forbes  Sep 10  Comment 
Another honcho just weighed in with a bearish market forecast, my old friend, Sam Zell. More than 40 years ago, Sam produced my tax shelters. His promise was he’d never let any of his properties go belly up, allowing the IRS to recapture tax...
Forbes  Aug 21  Comment 
Bank of America is Paying $17 Billion Over Bad Mortgages, But Deftly Avoided Tax Deduction Restrictions in Settling. It's Saving At Least $4 Billion in Taxes, Maybe More.
The Hindu Business Line  Aug 20  Comment 
United Breweries Holdings Ltd (UBHL) has posted a higher loss of ₹3,345.51 crore for the fourth quarter of 2013-14 on a standalone basis because of write offs worth ₹2,450.59 crore due from ce...




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