The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands
At the beginning of this year, his stake in the airline stood at 30.14%.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
A summary of sports events and sports persons, who made news on Saturday
The Fortune's 40 under 40 list for this year was topped by Adam Neuman, Co-founder and CEO, WeWork.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
'I have been most pained at being painted as an absconder'.
The HC also offered a ray of hope to the hundreds of employees of UB-Group owned now-grounded Kingfisher Airlines, who have not been paid monthly salaries for over a year now.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings.
The company hires Accenture for financial re-engineering, including slashing of debt ratios; changes to be visible soon
'We are overweight on India, as it is one of the best in emerging markets (EMs)'
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
To tackle the resultant inflation, the Indira Gandhi government had imposed price controls on manufactured products, including soaps and vanaspati, in 1973.
Banks are seeking an order that Mallya should appear in person before the court.
The Survey shows fiscal consolidation despite slowdown in growth.
A section of analysts feel now may not be a bad time to buy select PSBs.
Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be released.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
The Sensex had bounced back with gains of 94 points or 0.3%
The company faces $3-bn payout to Econet Wireless.
Investors still seem to have a disinflation bias to their thinking.
Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said.
Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Urban Indians are developing a taste for freshly brewed and bottled craft beer.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!
Be a disciplined investor for attractive returns, says fund managers.
Soon after acquiring strategic management control of Vijay Mallya's crown jewel, United Spirits, Diageo has swung into action, making up for years of lost time in trying to figure out the Indian market.
Few top honchos of India Inc did very well in 2014.
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