Banks have already sold the pledged shares of Mangalore Chemicals and Fertilisers, realising around Rs 100 crore. Mallya and group companies have pledged over 97 per cent of the USL shares with various banks and others, which according to current market prices is worth over Rs 6,500 crore (Rs 65 billion).
West Indies' Ravi Rampaul made a significant contribution to his team's success during the Twenty20 World Cup last year and now the pacer is eager to replicate that performance in the Indian Premier League, commencing.
The iconic player concluded a historic 15-year career, where he has led several teams to victory and grown the sport in the country.
Trouble for cash-strapped Kingfisher Airlines again erupted today with at least 30 flights either being cancelled or clubbed as several pilots and other staffers failed to report for work to protest delays in salary payments.
Captain Graeme Cremer scored his maiden Test century on Monday to help Zimbabwe avoid the follow-on as they scored 373 in reply to Sri Lanka's 537 in the first Test.
Bharatiya Janata Party leader L K Advani on Saturday questioned the silence of Congress President Sonia Gandhi on black money, corruption and inflation and asked her to speak on these issues.
Rohit Sharma, who has been in and out of the national limited overs squads, said he was looking forward to the eight home Tests that the Indian cricket team would play this season to force his way in.
This edition of the tournament will also witness a qualifying event in Hyderabad from September 19 to 21 followed by the main event from September 23 to October 9.
Pakistan Prime Minister Yousuf Raza Gilani on Monday patted himself on his back claiming that his interactions with Indian counterpart Manmohan Singh led to 'no blame game' after the recent bombings in Mumbai unlike in 2008.
Bharatiya Janata Party on Friday targeted Prime Minister Manmohan Singh for praising his Pakistan counterpart Yousuf Raza Gilani, saying he has the "habit of giving certificates" to heads of state while his government continues to adopt a weak stand against cross-border terrorism.
Bharat Sanchar Nigam Ltd has started talks on synergising operations with Mahanagar Telephone Nigam Ltd, which offers telecom services in Delhi and Mumbai.
Dimuth Karunaratne scored a century as Sri Lanka extended their lead over Zimbabwe to 411 runs before rain and bad light ended play on the fourth day of the first Test in Harare on Tuesday.
The top bureaucrat's comments are diagonally opposite to the opinion expressed by corporate affairs minister Murli Deora who had favoured making the allocation of 2 per cent of net profit for CSR mandatory.
On the back of a thriving domestic economy fuelled by an increasing appetite for consumption, global auto giant Mercedes-Benz is looking at developing a small car for the Indian market, a senior company executive said.
The Government has found company law violations by all 10 franchisees of the Indian Premier League and has asked the Registrar of Companies to take penal action wherever necessary, the Rajya Sabha was informed on Thursday.
The Finance Ministry, for the second time, turned down a proposal of Jaipur IPL Cricket (JIPL), the joint-owners of Rajasthan Royals, to transfer its entire equity abroad in a cashless transaction. The Foreign Investment Promotion Board (FIPB) rejected the JIPL plea on objections from the Sports Ministry, a source said.
Mumbai Indians reclaimed the top spot in the points table after thumping a hapless Pune Warriors by 21 runs in their Indian Premier League clash at Dr D Y Patil Sports Academy in Mumbai on Wednesday.
Sanjeev Nayyar recently visited Hampi festival and came back with these lovely pictures and charming stories to tell!
Left-arm spinner Rangana Herath claimed five wickets as Sri Lanka took control of the second and final test against Zimbabwe on day three on Tuesday. The touring side reached the close on 102 for four in their second innings, a lead of 334 runs, after Herath, who opened the bowling, bagged his 27th test five-wicket haul with figures of 5-89. Dimuth Karunaratne (54 not out) and Asela Gunaratne (six not out), who scored a maiden test century in the first innings, will resume on Wednesday as Sri Lanka seek to set a massive target after bowling Zimbabwe out for 272. Seamer Carl Mumba (3-31) was the pick of the home bowlers supported by leg-spinner Graeme Cremer (1-21).
Kingfisher Airlines and Jet Airways on Thursday cancelled their flights to London while Air India postponed its services to Toronto and London, which were to take off tonight as airspace was closed over several North European airports due to drifting ash from a volcano in Iceland.
With the new Bharat Stage IV emission norms coming into effect from Thursday, oil companies are gearing up to meet the requirements of Mumbai, an official said on Friday.
Laxmi Mittal-promoted Arcellor Mittal is raising $3-billion, of which $2.5-billion would be through equity and $0.5-billion through convertible bonds offering, which it is doing on two of its platforms, he said.
A poll update from Maharashtra's Nashik, where Raj Thackeray is on fire
Making his ambitions clear, Ambani said the company is "well equipped to be a national leader".
In the first high-level contact with Pakistan since the Mumbai attacks, Foreign Secretary Shivshankar Menon met his Pakistani counterpart Salman Bashir in Colombo on Thursday and rejected his suggestion for resumption of Composite Dialogue till Islamabad took credible steps to end terrorism.
While the fashion on the ramp at LFW was a mixed bag, there were some off-ramp style that got our thumbs up. We take a look...
In the wake of 26/11 terror attacks, Mumbai's party crowd is staying in this New Year's Eve. Find out way.
The International Air Transport Association on Tuesday criticised the increase in airport development charges imposed by Mumbai and New Delhi, saying the burden on the already beleaguered global airline industry is a 'wake up call' for the Indian government.
Rangana Herath grabbed Zimbabwe's final three wickets to return figures of 8-63 as Sri Lanka wasted little time in finishing off the hosts on the final morning of the second test at the Harare Sports Club on Thursday. The home side, teetering on 180 for seven overnight, survived 13 overs before being bowled out for 233 as Sri Lanka won by 257 runs to compete a sweep of the two-match series. Herath, standing in as captain for the injury-hit Sri Lankan side, finished with 13 wickets in the match as he fully exploited a turning surface to dominate the test with his spin.
Amid India's suspicions of the involvement of the Inter Services Intelligence in the planning of Mumbai terror strikes, the chief of the Pakistani spy agency on Friday called on Prime Minister Yousuf Raza Gilani in Islamabad.The Director General of the ISI, Lieutenant General Ahmed Shuja Pasha, met Gilani and briefed him on the prevailing security situation, an official statement said.No further details about the meeting were available.
The luxury train with 23 AC coaches will start its seven-day and six-night maiden journey, carrying 88 tourists to Delhi, covering Vadodara, Udaipur, Jodhpur, Bikaner, Jaipur, Ranthambore and Agra on the way from CST station on January 9.
DAE officials, who had marathon discussions for the last two days in Mumbai on the issue of safeguards to be discussed with the IAEA, received confirmation of an appointment with ElBaradei on Sunday night to initiate negotiations, the DAE sources said.
The Ambani brothers are once again going to clash over Mumbai's infrastructure as the Mumbai Metropolitan Regional Development Authority has decided to call financial bids for the Rs 12,000-crore (Rs 120 billion) second corridor of Mumbai Metro connecting Charkop to Mankhurd via Bandra from short-listed consortiums.
With Sachin Tendulkar set to play all matches in the second edition of the Indian Premier League, Delhi Daredevils vice-president (cricket) T A Sekar tipped Mumbai Indians to reach the May 24 final.
The swine flu death toll in the country has risen to 10 with the death of a seven-year-old girl in Vadodara. Earlier, a woman in Maharashtra succumbed to the dreaded virus.
In Budget 2009, the defence services have been allocated Rs 1,41,703 crore (Rs 1,417.03 billion) for 2009-10, a 34 per cent hike from 2008-09 budgetary allocation of Rs 1,05,600 crore (Rs 1,056 billion).
A suspected Lashkar-e-Tayiba terrorist, who was arrested by the Uttar Pradesh Special Task Force with road maps of major Mumbai landmarks in February last, was returned by the Maharashtra police to Uttar Pradesh, where he continues to be lodged in jail. Mumbai cops, who then saw nothing incriminating about 26-year-old Fahim Ansari possessing road maps leading to key landmarks in India's financial capital, and a fake identity, are now on their way to UP to interrogate him.
A Russian woman has been killed and another woman passenger injured when armed robbers opened fire in the 1073 UP Kamrani Express train near Rewa in Madhya Pradesh.
The Standard Chartered Mumbai Marathon, to be run on January 20 next year, would be held under the banner of the International Association of Athletics Federations (IAAF).
The Working Committee also ratified the appointment of Gary Kirsten as India coach and Dav Whatmore as the NCA head.
