World’s richest temple trust, Tirupati trust has lost Rs 400 crore and won't be able to pay salary

https://timesofindia.indiatimes.com/india/lost-rs-400-crore-cant-pay-salary-tirupati-trust/articleshow/75666319.cmsThe world’s richest temple trust Tirumala Tirupati Devasthanams (TTD) has lost Rs 400 crore of revenue during the lockdown and does not have enough money to pay salaries to employees.

The trust is figuring out ways to resolve the crisis but decided not to use its reserve of 1400 crore fixed deposit and 8 tonnes of gold reserve.

Sign Up for nextbigwhat newsletter

Delivered everyday 8 AM. Most comprehensive coverage of the tech ecosystem.

Download Pluggd.in, the short news app for busy professionals