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MCFL investments in UB group firm may be irregular

Earlier, alleged financial irregularities had come to fore at United Spirits Ltd (USL) relating to loans advanced to UB Group firms including for long-defunct Kingfisher Airlines. In fresh troubles......

From bad to worse: Mallya loses posts at Kingfisher, MCFL

In a double-whammy for flamboyant businessman Vijay Mallya, the government has annulled his re-appointment as managing director of Kingfisher Airlines while he also had to quit from board of......

Zuari group may make counter offer to take control of MCFL

Intensifying its fight to wrest control of Vijay Mallya's Mangalore Chemicals & Fertilizer Ltd (MCFL), Zuari group is likely to offer a higher price to the firm's shareholders in a bid to defeat a......

ED to ask depositories to freeze shares owned by Vijay Mallya

The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.     The Enforcement Directorate......

Markets finish on a robust note; Sensex zooms over 350 points

Bears take a breather; Nifty reclaims 8,100 led by bluechips Markets broke 7-day losing streak as investors accelerate buying at attractive valuations amid firm Asian cues. Markets bounced back......

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