Deccan Chronicle's troubles

Deccan Chronicle’s woes are piling up.  Just days after  Deccan Chronicle Holdings Ltd. announced last week that its promoters have pledged the majority of their shareholding to Future Capital, the financial services player Karvy Group has filed a police complaint against the promoters of DCHL levelling allegations of forgery and misrepresentation. Earlier the paper had reduced its print order at  11 editions, and delayed payment of salaries..