Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
Keep a close eye on credit quality, financials of NBFCs before investing. These instruments should not constitute more than 15 to 20 per cent of your debt portfolio.
Falling revenues, increased capex, and first full year of spectrum debt may make things worse
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
Budget this year has allowed PSBs to bring down govt stake to 51%
The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
Budget 2015 has blessed the banking sector.
Almost a third of the company's capex was stuck in this project
Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed banking venture, with each having 4-5 per cent stake.
The IOC stake sale will, however, dwarf in front of Rs 22,557 crore or Rs 225.57 billion that the government raised through a stake sale in Coal India Ltd last year.
Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement.
As unified payments interface gets popular, cash transactions will come down as most small payments will be routed through this.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
Billionaire industrialist Mukesh Ambani has turned a venture capitalist and is backing a new television channel Epic TV due to go on air next month.
All shares held by SBI in the five associate banks will stand cancelled after merger.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
An open offer for acquisition of additional stake in a listed company can move forward only after issuance of 'observations' by Sebi.
There has been a lot of concern in the FMCG industry after Patanjali's revenues crossed Rs 5,000 crore, on the back of an increased focus on health following the ban on Maggi noodles.
The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain
The scrutiny is expected to be over this month itself.
Reports have suggested Rs 400-650 as the possible IPO price
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Volkswagen was not the largest carmaker in the US and that North America accounted for merely 1-1.5 per cent of its total sales.
Suuti's merchant bankers give proposal; deal value could be Rs 2,800 crore
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
Several MF managers are trying to tell their investors that it could be the best time to invest as India is different.
Every service provider, say analysts, now needs to make a much larger investment, and therefore needs a much larger share of the market to be profitable.
DFS writes to departments that haven't responded to RBI's request for information.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Licence winners are expected to be announced by the first quarter of 2014.
Market participants are now awaiting Thursday's meeting of the European Central Bank
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
RIL says Sebi has not asked for revision of offer price, expecting clearance soon.
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
