Railway Minister Suresh Prabhu announced new initiatives.
Mallya's Kingfisher Airlines has been accused of defaulting bank loans of over Rs 9,400 crore.
Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
The rupee closed at a new 12-month peak on Monday, riding on a spurt in foreign inflows and a globally weaker dollar.
India has been ranked seventh in the list of top 10 wealthiest countries in the world, which was topped by the United States.
The ED has registered a money laundering case against Mallya and others based on an FIR registered last year by the CBI.
This acquisition marks Lupin's foray into the Japanese branded market in-line with aspirations to build business globally.
India on April 28 asked the UK authorities to deport Mallya.
Liquor baron Vijay Mallya's tenure in the Rajya Sabha came to an end on Wednesday with Chairman Hamid Ansari accepting his fresh resignation letter.
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
The Attorney General said that Mallya has not disclosed full details of his assets.
The first month of the new fiscal year saw a slight change in sales trends as market leader Maruti Suzuki saw a decline in sales of its popular models.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Mallya remains elusive to India as the United Kingdom informed the government that they cannot comply with their request to deport him
he 4G version of the device would compete with the likes of Lenovo's A6000.
The 25-seater aircraft is interspersed with plush sofas, a cushioned bed, bars, showers and a bathrobe
The Ethics Committee of Rajya Sabha headed by veteran Congress leader Karan Singh, decided to give Mallya one week time to explain his conduct.
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Many of the PPPs have not evinced interest, Prabhu said.
Cement shares have been outperformers on the stock market
About 77 per cent of girls aged between 15 and 19 in India have been subjected to sexual violence by their spouses, according to a report by UNICEF which said more than half of the girls in the age group faced physical abuse at the hands of their parents.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
Liquor baron Vijay Mallya's passport has been suspended.
Rajneesh Gupta presents all the important numbers after the second week of IPL 2020.
Budget proposals have set four goals to transform Indian Railways.
Now with 13-14 million-tonne capacity, Nirma will emerge as a serious player in India's cement landscape.
Liquor baron Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, is all set to be expelled from the Rajya Sabha as Chairman Hamid Ansari on Tuesday turned down his resignation on procedural grounds.
The details Mallya filed earlier in his disclosure statement about his foreign properties do not have reference of cash in hand or bank details
Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, on Monday resigned from Rajya Sabha.
As India take on Sri Lanka in a three Test series, Rajneesh Gupta presents all the numbers.
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
Rajneesh Gupta presents all the fascinating career numbers of players in the World Cup.
State government announced ex gratia for kin of those who lost lives.
