After razing his ancestral bungalow, housed in an expansive 4.5-acres of prime location in the central business district of Bangalore, Mallya's attempt to unlock value in the land by building the luxury KingfisherTowers has been stalled.
'Conservation is is fundamental to the resilience of our communities and the health of our planet,' says Dr Ramakant Panda, who is considered to be one the world's top heart surgeons.
UB Holdings facing a slew of legal cases over its exposure to the loans of now-grounded Kingfisher Airlines and increasing pressure from a consortium of lenders, may be forced to seriously go ahead with the transaction this time.
As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry
SBI, the country's largest lender, had recently issued public auction notices to sell Gopinath's pledged properties
If the offer is accepted, banks will have to take a haircut of about 30 per cent or Rs 2,500 crore of the total receivables of over Rs 9,000 crore.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
A series of failed loan recast programmes continues to haunt banks.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
Here's looking at some of the best travel pics on Instagram right now!
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
As his personal wealth started booming, Mallya went on a buying spree.
The 230-year-old Alila Fort in Bishangarh is now a hotel.
These companies have survived bankruptcies.
Urban Indians are developing a taste for freshly brewed and bottled craft beer.
Could Ambassador B S Prakash's nightmare turn real?
