Diageo gets assurance, Heineken may seek one, too.
A spokesperson said Sahara group is not into business with Trinity.
Mop-up misses target as big FIIs skip issue.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
Mallya claims private airlines were discriminated against by the Indian government, which bailed out state-owned Air India but did not assist his own Kingfisher Airlines and now Jet Airways.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
In 2012, Diageo had paid Rs 3,635 cr directly to Mallya for his 19.3% stake in United Spirits.
Investors still seem to have a disinflation bias to their thinking.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
The realty run-up in the tier-II cities in north India are outrunning the employment opportunities, says Unitech's MD Sanjay Chandra.
Be a disciplined investor for attractive returns, says fund managers.
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
The parent entity, (Holdings) Ltd, have also expressed concern over the company's significant exposure to the airline.
It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
The money was paid to Mallya in two tranches in his offshore accounts.
Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
It is understood he is moving court indicating lenders had been rough with him and, hence, caused damage.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
USL is already contesting a Karnataka High Court order.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
Many developers are facing financial challenges after the IL&FS defaults, after which non-banking finance companies - the major financiers to real estate firms - slowed disbursals.
The cost of luring buyers and sellers to its platform means the new funds won't last long.
Citi, HSBC and UBS etc have already cut their market targets.
A common factor that binds all these men is greed.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
A series of modest support measures from the government over the year helped stave off worries of a more dramatic slowdown
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