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Mallya's stake in Kingfisher Airlines drops below 10%

On Wednesday, IDBI Trusteeship invoked and transferred pledged equity shares worth 7.31 per cent in Kingfisher Airlines to the depository account of lenders. As a result, UB Group chief......

Kingfisher Airlines' lenders look to sell USL shares

Lenders to the UB Group-owned Kingfisher Airlines have stepped up their efforts to get back their Rs 6,000 crore (Rs 60 billion) loan to the now-grounded airline. IDBI Trusteeship Services, in its......

UB Group takes lenders to court

UB Holdings Ltd and its chairman, Vijay Mallya, have taken the company’s 17 lenders, including SBI Caps Trustee Company, to the Bombay High Court against the recovery process initiated by......

Markets end down dragged by metal, banks

Benchmark share indices ended lower, amid a volatile trading session, weighed by weakness among Metal, Banks and Capital Goods shares. Weak performance of the global markets also dampened the......

Pledged shares haunt promoters

Pradeep Jain, chairman of Delhi-based Parsvnath Developers, must be a worried man. Share prices of his firm have halved in the past five sessions, wiping off Rs 750 crore (Rs 7.5 billion) of its......
  Web results for Idbi Trusteeship
IDBI Trusteeship Services submits disclosure

Cities Business & Finance Accord Fintech Online News India, Nov. 28 -- IDBI Trusteeship Services has submitted the disclosures under Reg. 29(2)... ...
Adani Enterprises Gains on Release of Pledged Shares

Shares of Adani Enterprises which is engaged in business of commodity trading and city gas distribution jumped as much as 2.5 per cent in the... ...
Infosys, Wipro, Wockhardt, Max India, SREI

British Petroleum expands deal with Wipro, revamps outsourcing strategy (ET) Wipro likely to get additional business worth $100 mn over 2-3 years... ...
Nifty Likely to Open Lower; Tata Motors, Infosys to be in Focus

The Sensex and Nifty are likely to open on a weak note as indicated by the Nifty futures traded on the Singapore stock exchange. The Nifty futures... ...
Sun Pharmaceutical hits 16-month low

Email this Print Shares of Sun Pharmaceutical Industries have dipped nearly 2% at Rs 714, its lowest level since July 2014, on the BSE in... ...

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