Will defence ministry okay Anil Ambani's Reliance Naval?

Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......

ED justifies seeking Interpol red corner notice against Mallya

The Enforcement Directorate has sent a detailed communication, along with legal inputs, to the Interpol which had recently sought some "clarifications" from it before notifying an arrest warrant......

Mallya files plaint against newspaper for 'fabricated' interview

The controversy over Vijay Mallya’s interview to a weekly newspaper got murkier on Tuesday with the beleaguered businessman saying he has filed a ‘complaint’ with the Cyber Police......

Mallya denies giving interview, newspaper to release his e-mails

Beleaguered businessman Vijay Mallya, mired in a controversy for leaving India in the middle of a massive loan default probe, on Monday appeared to distance himself from an interview that quoted......

Zee-Sony merger: India's largest media company is all set to be born

The National Company Law Appellate Tribunal on Friday issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over the petitions filed by IDBI Bank and AXIS Finance against an NCLT order that......

IDBI Bank has deferred tax assets of Rs 11,520 cr

The government has informed the prospective asset valuers of IDBI Bank that the lender has deferred tax assets of Rs 11,520 crore and 120 properties in the top seven cities including Mumbai, Pune,......

Lenders expect robust retail credit in festive season

This expectation is based on resilient demand, government initiatives, and elections in key states. Illustration: Dominic Xavier/Rediff.com Lenders in India, comprising banks and finance......

Lessons To Be Learnt From Nitin Desai's Death

We must stop stigmatising business failures.Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support......

Thousands join 'Run to the moon' in aid of Covid-hit coaches, support staff

Championed by celebrated national badminton coach Pullela Gopichand, and Arjuna Awardees Ashwini Nachappa and Malathi Holla, 'Run to the Moon' will conclude on July 21 to coincide with the 51st......