Diageo-led United Spirits pulls out one more lifeline from UB Holdings.
Holding that a person can be charged under MCOCA even if no charge sheet has been filed against him in the past, the Bombay High Court has refused to discharge an alleged aide of gangster Guru Satam from trial.
Ramesh Shrichand Damani feels that steady retail buying could provide a strong, broad-based boost to the Indian stock markets.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company