News for 'Beleaguered India'

Banks have no right over info on overseas assets: Mallya

Banks have no right over info on overseas assets: Mallya

Rediff.com21 Apr 2016

Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988.

Let's give Dhoni time and respect, says Ganguly

Let's give Dhoni time and respect, says Ganguly

Rediff.com22 Jun 2015

Former captain Sourav Ganguly on Monday demanded respect for beleaguered Mahendra Singh Dhoni, saying he has an astonishing record as captain in One-Day Internationals and needs to be given all the time in the world to take a decision.

Service tax dept begins e-auction for Mallya's luxury jet

Service tax dept begins e-auction for Mallya's luxury jet

Rediff.com30 Jun 2016

The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.

Maggi, in new avatars, to 'recapture' market

Maggi, in new avatars, to 'recapture' market

Rediff.com11 Mar 2016

Maggi's reach is now close to some three million outlets.

Sahara rejects $1.3-billion offer for 3 overseas hotels

Sahara rejects $1.3-billion offer for 3 overseas hotels

Rediff.com27 Jul 2016

Sahara group has been engaged in a legal battle with Sebi for long over raising Rs 24,000 crore (Rs 240 billion) from investors.

Mallya's fate will be decided on December 10

Mallya's fate will be decided on December 10

Rediff.com12 Sep 2018

The 62-year-old former Kingfisher Airline boss' defence team, led by Clare Montgomery, opened the day by branding the government of India's evidence presented in the case as "utterly unfounded".

Vijay Mallya saga: SFIO seeks loan details from banks

Vijay Mallya saga: SFIO seeks loan details from banks

Rediff.com26 Jun 2016

As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

Rediff.com12 Jun 2016

Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore

ED justifies seeking Interpol red corner notice against Mallya

ED justifies seeking Interpol red corner notice against Mallya

Rediff.com12 Jun 2016

It has also said that orders were issued by the courts after hearing the counsels of ED and Mallya, officials said.

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Rediff.com25 Mar 2014

Banks have been struggling hard to recover dues from grounded Kingfisher Air.

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

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

Rediff.com15 Mar 2016

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 him as having said that time was not 'right' to return to the country.

Ex-Goa CM Digambar Kamat granted anticipatory bail in Berger case

Ex-Goa CM Digambar Kamat granted anticipatory bail in Berger case

Rediff.com19 Aug 2015

Goa's former Chief Minister Digambar Kamat was asked to furnish a surety of Rs 1 lakh.

Sasikala visits husband Natarajan at hospital

Sasikala visits husband Natarajan at hospital

Rediff.com7 Oct 2017

The AIADMK leader's car briefly halted in front of a Ganesha temple in Kotturpuram and she prayed from inside the vehicle as used to be done by Jaya.

PHOTOS, Day 3: Mendis hits ton as Sri Lanka stay alive in Colombo Test

PHOTOS, Day 3: Mendis hits ton as Sri Lanka stay alive in Colombo Test

Rediff.com5 Aug 2017

Images from Day 3 of the second Test between Sri Lanka and India in Colombo, on Saturday.

SpiceJet resumes operations after being grounded

SpiceJet resumes operations after being grounded

Rediff.com17 Dec 2014

After all its flights remained grounded for most part of the day on Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped fuel supplies to its aircraft, eased the restriction.

Parties squabble over Mallya's arrest, KFA employees wait for their dues

Parties squabble over Mallya's arrest, KFA employees wait for their dues

Rediff.com18 Apr 2017

A beleaguered Vijay Mallya may have walked free on bail within hours of his arrest but the event, which he nonchalantly dismissed as "usual Indian media hype", had rival parties claiming credit for it and engaging in recrimination.

I am being hunted, will not speak to the media, says Vijay Mallya

I am being hunted, will not speak to the media, says Vijay Mallya

Rediff.com13 Mar 2016

Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts

Lenders start valuation of Mallya's Kingfisher Villa

Lenders start valuation of Mallya's Kingfisher Villa

Rediff.com3 Jun 2016

In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.

Mallya to be declared 'proclaimed offender' if he doesn't turn up by July 27

Mallya to be declared 'proclaimed offender' if he doesn't turn up by July 27

Rediff.com28 Jun 2016

The proclamation was issued by a special anti-money laundering court on June 14 under Section 82 of the Criminal Procedure Code

No assurances over ODI captaincy: Alastair Cook

No assurances over ODI captaincy: Alastair Cook

Rediff.com6 Sep 2014

Under-fire Alastair Cook has been given no assurances about his future as England's One-day International (ODI) captain but the stout opener is determined to lead the team in next year's World Cup in Australia and New Zealand.

Ownership battle for Hotel Leela gets murky

Ownership battle for Hotel Leela gets murky

Rediff.com24 Apr 2019

Leela

Except SpiceJet, all pvt airlines to post profit in Q3

Except SpiceJet, all pvt airlines to post profit in Q3

Rediff.com23 Jan 2015

Capa lauded govt's efforts in rescuing SpiceJet.

Sahara chief offers to pay Rs 300 cr as bank guarantee

Sahara chief offers to pay Rs 300 cr as bank guarantee

Rediff.com26 Aug 2016

Subrata Roy's parole, granted on humanitarian grounds following his mother's death.

'Boeing crisis won't impact Indian aviation'

'Boeing crisis won't impact Indian aviation'

Rediff.com15 Mar 2019

'Indian aviation is having a lesser number of aircraft.' 'Besides the Boeing 737 MAX, you have the A320Neos which Indigo is currently grappling with because of a lack of pilots.' 'This has led to cancellation (of flights) and therefore the prices of air tickets are on the higher side this season although generally in March ticket prices are on the lower side.'

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Rediff.com23 Jun 2018

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.

Vijay Mallya says 'shocked' to see statements without verification

Vijay Mallya says 'shocked' to see statements without verification

Rediff.com15 Mar 2016

Mallya in a tweet distanced himself from an interview that quoted him saying that time was not 'right' to return to the country

More trouble for Mallya as SFIO probes Kingfisher Airlines

More trouble for Mallya as SFIO probes Kingfisher Airlines

Rediff.com8 Mar 2016

The agency is looking at alleged "diversion of funds and financial reporting frauds".

'If you don't go behind Dhoni now then when will you?'

'If you don't go behind Dhoni now then when will you?'

Rediff.com23 Jun 2015

Ravichandran Ashwin has said that the Indian team is standing strongly behind beleaguered skipper Mahendra Singh Dhoni and there is no change in the dressing room atmosphere despite the visitors losing their first-ever ODI series to Bangladesh.

United Spirits says it has found fund diversions by Mallya entities

United Spirits says it has found fund diversions by Mallya entities

Rediff.com10 Jul 2016

Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman

Mounting expenses, intense competition clip IndiGo's wings

Mounting expenses, intense competition clip IndiGo's wings

Rediff.com24 Oct 2018

IndiGo's co-founder and interim CEO Rahul Bhatia said profitability was significantly impacted by costs pressure from the increases in fuel price and the depreciation of rupee as well as competitive fare environment.

Airlines to see impact of ATF price cut from Q3

Airlines to see impact of ATF price cut from Q3

Rediff.com8 Oct 2014

Domestic airlines expect the fall in prices of aviation fuel to boost their earnings from the quarter ending December.

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

SBI may participate in the Rs 4,500 cr rights issue of IL&FS along with LIC

Rediff.com2 Oct 2018

The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31

Forcing Mallya to come back is bad strategy: Mohandas Pai

Forcing Mallya to come back is bad strategy: Mohandas Pai

Rediff.com22 Apr 2016

Pai said he was also against 'naming and shaming' willful defaulters of bank loans.

With series win at stake, should Kohli opt to bat first at toss?

With series win at stake, should Kohli opt to bat first at toss?

Rediff.com26 Aug 2017

The visitors have a 2-0 lead in the series and can wrap up the contest with another win here before leaving for the last leg of the tour in Colombo.

Private bank CEOs' bonus goes missing in 2017-18

Private bank CEOs' bonus goes missing in 2017-18

Rediff.com13 Aug 2018

HDFC Bank managing director Aditya Puri, ICICI Bank MD and CEO Chanda Kochhar, and Axis Bank MD and CEO Shikha Sharma did not receive their bonuses in full for financial year 2016-17

Why Mallya's payback offer should be welcomed

Why Mallya's payback offer should be welcomed

Rediff.com10 Dec 2018

'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.

The Reluctant Sentimentalist

The Reluctant Sentimentalist

Rediff.com18 Jul 2019

'Deep down, it betrays a transactional view of politics. That, to get, the voter must give,' argues Krishna Prasad.

The REAL reason why BCCI retained Ravi Shastri...

The REAL reason why BCCI retained Ravi Shastri...

Rediff.com3 Jun 2015

Senior players' liking for Ravi Shastri tilted it in his favour.

Jignesh Shah trying to recover money from defaulters

Jignesh Shah trying to recover money from defaulters

Rediff.com5 Dec 2013

Two days after Mumbai Police attached his properties, Jignesh Shah, director of the beleaguered National Spot Exchange Ltd, on Thursday told investigators that he was making "relentless" efforts to recover money from defaulters.

The looming coal crisis

The looming coal crisis

Rediff.com17 Nov 2017

Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.