The judge, during arguments, said it was "blindingly obvious" that "rules were broken by the bank" and that they had "gone against their own guidelines" in extending a loan to the business tycoon's now defunct Kingfisher Airlines.
'There is an bligation on Finance Minister and Prime Minister to take the country into confidence'.
The new Formula One season starts with the Australian Grand Prix in Melbourne on March 20. The following details the major changes for 2O16.
The Red Bull Formula One factory in Milton Keynes has been raided and thieves stole over 60 trophies.
Daniel Ricciardo claimed his maiden Formula One win of the season in Sunday's Malaysian Grand Prix after reigning world champion Lewis Hamilton retired from the lead with a blown engine. The Australian's Red Bull team mate Max Verstappen finished second to score the former champions' first one-two finish since the 2013 Brazilian Grand Prix, denying Mercedes the chance to wrap up the constructors' title at the Sepang circuit.
Formula One was accused of sending out a mixed message on alcohol at the Monaco Grand Prix on Friday by giving extensive publicity to drinks brands while campaigning for road safety.
Formula One world champion Lewis Hamilton was fastest but teenage rookie Max Verstappen stood out with an eye-catching practice performance on a rainy Thursday at the Monaco Grand Prix.
A new qualifying format will shake up the Formula One starting grids this season, adding to the stress on teams and drivers and making races more exciting.
Danish Formula One driver Kevin Magnussen is leaving McLaren after being informed by email on his birthday that the team had no place for him.
Kimi Raikkonen will not drive for Formula One champions Red Bull next season after talks broke down, his manager said.
The Caterham Formula One team have made 230 staff redundant while still planning to race in next weekend's Abu Dhabi season-ender, an administrator said on Sunday.
Rediff.com brings you a collection of some of the best sports images from around the world.
Top seed Dominic Thiem was knocked out the Rio Open in the first round on Tuesday, going down 6-3, 6-3 to Laslo Djere.
Coming into the tournament 21st in the WTA rankings, the Czech won 3-6, 6-3, 6-4 in two hours and 16 minutes to add to her triumph in St Petersburg earlier this month.
The US Citizenship and Immigration Services will determine from today the allocation of visas -- highly popular among IT professionals -- through computerised draw of lots.
Usain Bolt has somewhat skewed the picture by making it look so easy but when it comes to retaining an Olympic athletics title, history shows that it is an extraordinarily difficult thing to achieve.
Dutch driver Giedo Van der Garde recognised his hopes of racing in Formula One are over on Wednesday after Sauber paid "significant compensation" to end a contract dispute.
Red Bull are among a number of team frustrated by their inability to keep up with Mercedes, who dominated Formula One last year and cruised to an easy victory in Sunday's season-opening Australian Grand Prix
'For him to live the life that he is living and still keep up with such a performance, full credit to him'
Scotland will vote on whether it will be an independent country or will remain a part of the United Kingdom on September 18. With the vote coming up next week, a look at ten famous Scots.
Dutch rookie Max Verstappen, signed controversially as a 16-year-old by Toro Rosso, has swept a hat-trick of awards after confounding his critics in an impressive debut Formula One season.
Steven Gerrard made a brilliant Major League Soccer debut for Los Angeles, scoring a goal and having a hand in two others as the Galaxy beat the San Jose Earthquake 5-2 on Friday.
It is the the biggest fight of his emergent professional career, but Indian boxing star Vijender Singh said the WBO Asia title contest against Kerry Hope is no huge deal for him and he is taking it as just another stepping stone in the circuit. The 30-year-old dasher, who is unbeaten in the professional arena, has won all his bouts via konckouts. Eyeing a seventh knockout in what is meant to be a 10-round contest, Vijender said his approach to the contest is no different from the one he had for his previous bouts.
Kingfisher to be lager partner at ICC Champions Trophy to be played in UK.
The Mercedes driver's 55th career win was hard-fought and tense, however, with Ferrari's Vettel seizing the lead at the start and in the hunt all the way to the finish as the tyre strategies played out.
Mexican Sergio Perez qualified second for Force India but will drop five places due to an unscheduled gearbox change after he crashed in final practice on the Baku street circuit.
The league's reigning Most Valuable Player Stephen Curry had a horrible start to the game for Golden State but used a strong fourth quarter to finish with a team-high 27 points.
Opener Sam Robson hit his maiden Test century before Sri Lanka fought back with four late wickets on the second day of the second Test at Headingley, on Saturday.
My strongest emotion right now is deep gratitude to everybody who supported me to make that dream happen
The Scot lost 6-4, 6-4 to Richard Gasquet in his first singles match since January before saying he had turned down a wild card into the men's draw at the year's final Grand Slam.
'Hopefully if I am performing at my best, then there will be issues -- because they (Ferrari) will be upset about it'
Lewis Hamilton always dreamed of matching the achievements of his boyhood idol Ayrton Senna, winning as many races and titles as the late great Brazilian who had inspired him to beat the odds.
Nico Rosberg will have Formula One history in his sights in Spain this weekend, even if Dutch teenager Max Verstappen seizes his share of the limelight. The championship leader has won seven races in a row, including the last three of 2015, and can join fellow-German Michael Schumacher (2004) and Britain's Nigel Mansell (1992) as the only drivers to start a season with five successive victories. The chances of that happening looked remote this time last year, when Mercedes team mate Lewis Hamilton had won three of the first four and was heading for a third title, but Rosberg is now 43 points clear of the Briton. As 18-year-old Verstappen would agree, after his rapid promotion from Toro Rosso in a swap with demoted Russian Daniil Kvyat, Formula One moves fast off the track as well as on it. "I'm just enjoying the moment and the form I'm in, doing my best to keep it going and hoping I can carry it through to the end of the season," said Rosberg, 11/10 at bookmakers' William Hill with Hamilton at 5/4.
Vettel came out on top, giving Ferrari their first pole position since 2012 with a masterful lap around the floodlit Singaporean track.
Mercedes can hardly wait for Sunday's Abu Dhabi Formula One title decider to be over so they can tie Lewis Hamilton down to a long-term contract.
Whatever happens to WPP, the marketing communications business will no longer be the same again, says Sreekant Khandekar.
Red Bull's Mark Webber faces a 10-place grid penalty at the Korean Grand Prix after being reprimanded for hitching a lift on Fernando Alonso's Ferrari at the end of Sunday's race in Singapore.
Britain and Mercedes racer Lewis Hamilton has revealed that his remarkable Formula One title surge began with a 'kick up the backside' from his father.
Jackie Stewart, Britain's only triple Formula One world champion, knows his record is on borrowed time after Lewis Hamilton's storming victory in Sunday's Bahrain Grand Prix.
The Polish keeper's future in doubt as David Ospina impressive for Gunners in front of goal this season
