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Consumer stocks losing out to industrial ones as market corrects

Foreign investors are also getting cautious on emerging markets including India.  Consumer stocks have been the clear losers in what has been the biggest market correction in the recent times.......

Kingfisher diverted Rs 263 crore of IDBI loan for personal use

The charge sheet has now paved way for the CBI to approach authorities in the UK for deportation of Mallya. Kingfisher Airlines allegedly diverted Rs 263 crore (Rs 2.63 billion) from Rs 900 crore......

Non-bailable warrant against Mallya in IDBI fraud case

In more trouble for liquor baron Vijay Mallya, an arrest warrant was on Monday issued against him by a special court in connection with the money laundering probe in the over Rs 900-crore (Rs 9......

UB Group denies Kingfisher loans funded offshore property

State-run IDBI Bank is one of Kingfisher's more than a dozen creditor banks.  Embattled Indian tycoon Vijay Mallya's UB Group has denied allegations that it used Rs 4.3 billion ($65 million)......

ED interrogates IDBI officials in Kingfisher loan case

Investigators asked how the loan was given, which had poor financials and negative net worth The Enforcement Directorate interrogated five serving and former executives of the IDBI Bank in......

Now, ED summons Mallya in IDBI fraud case

Sources said Mallya has also been asked to furnish documents related to his personal finances The Enforcement Directorate(ED), on Friday, issued summons for appearance to liquor baron Vijay Mallya......

'Kept staring at the bowler despite being hit on ribs'

His more than two decades long career is a stuff of legends and handing out tips on chasing success, Indian cricket icon Sachin Tendulkar on Friday said one should be smart enough to hide......
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  Web results for Idbi
Monexo bets big on India P2P market

Monexo, the peer-to-peer (P2P) banking market place, first floated in Hong Kong by a former Citibank honcho, is now betting big on the Indian... ...

http://www.mydigitalfc.com/news/monexo-bets-big-india-p2p-market-334
ED gets court's nod to invoke MLAT to bring Mallya back

A special court here has allowed the Enforcement Directorate to invoke the India-UK Mutual Legal Assistance Treaty (MLAT) to bring back embattled... ...

http://www.deccanherald.com/content/596860/ed-gets-courts-nod-invoke.html
Sensex up 114 points; IT stocks post strong gains

Thanks to strong buying in IT majors Infosys, Tata Consultancy Services and Wipro and pharma stock Sun Pharmaceutical Industries, the key Indian... ...

http://www.sify.com/finance/sensex-up-114-points-it-stocks-post-strong-gains-news-finance-rcqnmmbbfdhfa.html
BUZZ-India's TCS hits over five-month high on shares buyback plan

** Shares of Tata Consultancy Services Ltd rise asmuch as 2.7 pct, highest since Sept 7, 2016 ** Nifty IT index up 1.33 pct ** Company to consider... ...

http://www.sify.com/technology/buzz-indias-tcs-hits-over-five-month-high-on-shares-buyback-plan-news-news-rcqjEfggdedhf.html
S&P downgrades IDBI Bank to 'BB' on very weak asset quality

It has lowered IDBI's stand-alone credit profile to 'B-' from 'BB-' ...

http://www.business-standard.com/article/finance/s-p-downgrades-idbi-bank-to-bb-on-very-weak-asset-quality-117021400213_1.html

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