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......

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......

'King of good times' Mallya's exit brings fizz to UB stocks

The latest round of problems began last week with the minority shareholders of United Spirits Ltd trouncing proposed financial dealings of the company with its erstwhile promoter Mallya, who......

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......