Kolkata-based United Bank of India, which had earlier declared Kingfisher Airlines and its four directors, including Mallya as wilful defaulters, on Tuesday identified UBHL, the guarantor of the grounded Kingfisher Airlines, also a wilful defaulter.
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
An appraisal of performance of the board and practice of values and their synergy with the organisational strategy are all crucial for an organisation to evolve into an institution, say Ramachandran Kavil & Sougata Ray.
Ideas don't have border controls and visas.
Taking advantage of the absence of Nestl's Maggi noodles, Patanjali launched its own atta noodles last month.
Samsung eyes growth in consumer electronics business in 80 districts through its service vans, and adding over 250 service points and as many resident engineers.
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
One of the reasons for the failure, say industry experts and financial analysts, is that Emami strayed too far from its core with sanitary napkins.
No Indian auto brand (including Tata or Mahindra) is well-known globally.
Both companies and individuals seek greater flexibility and freedom.
The consumer durables player has modified its decades-old logo as it hopes to hold fresh appeal beyond 'mums' to include millennials, says Ritwik Sharma.
To stay in the race for the long term, the company has to innovate continuously - something that MNCs and some of the home-grown Indian firms have been doing successfully, says Sangeeta Tanwar.
Banks create a credit profile of every person who approaches them for a loan. This is a very vital part of any loan application process and banks do consider it very seriously before sanctioning any kind of loan.
This merger, Bhupesh Bhandari believes, will be watched keenly by management gurus the world over.
The best way to curb gold demand is by reducing black money in circulation.
It's unfair, isn't it? That good borrowers are not rewarded for their discipline and are forced to subsidise indisciplined borrowers who may pose higher credit risk...
Traders' body says retailers have supported boycott; eateries, supermarkets seek more time to decide.
'The best way to make an impact in this market is by focusing on three things: Unmet customer need, unarticulated customer need, and emerging customer need,' Metro's Arvind Mediratta tells Sangeeta Tanwar and Alokananda Chakraborty.
Any transaction where the value of Indian assets exceeds 50% of the FTC would attract taxes in India.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
A downturn in Indian demand could hit global gold prices.
As of now, 12 million Indians join the workforce every year.
Bollywood is looking at Delhi with a new pair of eyes.
In a start-up set up, nothing is fixed, not even your job-description
ITC's noodle brand has been caught in the Maggi crossfire.
Rediff.com's Love Guru has answers to all your relationship problems.
MNC required to bring in only 10% of issue value upfront during buyback; domestic currency lost 12% since offer was announced
Despite slowdown, smaller firms attract growth capital.
But before borrowers jump in joy they must know about the drawbacks too!
The past decade saw three full cycles of markets moving up and then going into bear phases.
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Based on the estimate, a courier bringing in 1 kg of gold currently worth around $40,000 at world prices could earn $470 if not caught.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
Before the ban, Maggi commanded a market share of around 75 per cent. Following legal battles, the popular noodles brand was back in the market in November last year.
Collegepond.com, a career guidance company responds to student queries on international admissions.
Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.
APAs are part of govt's aim to move to a non-adversarial tax regime.
Every start-up's dream is to become a unicorn.
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