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NDA and UPA: Not all that different, after all

Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com. Similarities between the......

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.......

Markets end marginally higher even as Fed rate hike looms

Nifty PSU Bank index gained 1% led by Allahabad Bank, Andhra Bank, Syndicate Bank and IDBI Bank Benchmark indices ended moderately higher after a choppy session as data released by the commerce......

KFA-IDBI case: ED files charge sheet against Mallya, others

The agency has stated in detail in the charge sheet how funds of about Rs 400 crore were moved abroad in alleged violation of rules. The Enforcement Directorate on Wednesday filed its first charge......

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)......
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Canara Bank-led consortium seeks buyer for Maharashtra power plant

IDBI Capital Markets Securities Ltd (IDBI Capital) has invited an expression of interest to take over the thermal power project on behalf of the... ...

http://www.moneycontrol.com/news/business/canara-bank-led-consortium-seeks-buyer-for-maharashtra-power-plant_9314921.html
EIL share buyback to open on July 25

State-owned Engineers India Ltd's Rs 658.80 crore share buyback will open on July 25 and close on August 7. According to a regulatory notice by... ...

http://www.business-standard.com/article/pti-stories/eil-share-buyback-to-open-on-july-25-117072300238_1.html
Amtek Global to sell UK plants to Liberty group

Troubled auto component firm Amtek Auto today said its arm Amtek Global Technologies would sell its UK-based subsidiaries' plants to the Liberty... ...

http://www.business-standard.com/article/pti-stories/amtek-global-to-sell-uk-plants-to-liberty-group-117072101232_1.html
Sensex Reclaims 32,000 Level; Wipro, RIL Top Gainers

Posted by Equitymaster Indian share markets edged higher in the afternoon session and finished the trading day on a firm note. At the closing bell,... ...

http://www.equitymaster.com/tm/tm.asp?date=7/21/2017&title=Sensex-Reclaims-32000-Level-Wipro-RIL-Top-Gainers
GMR Rajahmundry#39;s Rs 2,366-crore debt to become NPA soon

GMR Rajahmundry#39;s lenders include nine banks such as IDBI Bank and IDFC. ...

http://www.moneycontrol.com/news/business/gmr-rajahmundry39s-rs-2366-crore-debt-to-become-npa-soon_9302201.html

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