Apparently faced with a severe liquidity crisis due to a sharp drop in devotees’ cash offerings to the Lord Venkateshwara temple in Tirumala, the Tirumala Tirupati Devasthanams decided on Friday to convert their cash deposits worth more than Rs 12,000 crore into various banks in monthly mode. A decision was …
Read More »Despite Rs 14 billion in fixed deposits, the world’s richest temples struggle for cash to pay wages.
[ad_1] TIRUPATI: Tirumala Tirupati Devasthanams (TTD), the the richest temple in the world trust that runs the Sri Venkateswara temple in Tirumala, which has lost Rs 400 million in revenue during the emergency shutdown, now you don’t have enough cash to pay wages and meet daily expenses. Authorities said the …
Read More »Despite Rs 14 billion in fixed deposits, the world’s richest temples struggle for cash to pay wages.
[ad_1] TIRUPATI: Tirumala Tirupati Devasthanams (TTD), the the richest temple in the world trust that runs the Sri Venkateswara temple in Tirumala, which has lost Rs 400 million in revenue during the emergency shutdown, now you don’t have enough cash to pay wages and meet daily expenses. Authorities said the …
Read More »TTD News: World’s Richest Temple Fights for Cash to Pay Staff Wages | Hyderabad News
[ad_1] Tirumala Tirupati Devasthanams TIRUPATI: Tirumala Tirupati Devasthanams (TTD), the the richest temple in the world The trust that runs the Sri Venkateswara temple in Tirumala, which has lost Rs 400 million in revenue during the shutdown, now does not have enough cash to pay wages and cover daily expenses. …
Read More »