People in Paris and Lyon spend the fewest hours at their workplace.
In terms of working hours, Asian cities still lead the field with an average of 2,154 hours annually, followed by Africa with 2,138 hours, the Middle East with 2,023 hours and South America with 1,989 hours.
Mallya and his UB Group companies, including Kingfisher Finvest, held a 32.12 per cent stake in the airlines as of September.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
SBI has hired six global giants -- Citigroup, UBS, Barclays Bank, Deutsche Bank, Bank of America Merrill Lynch and JP Morgan -- for the sale of dollar-denominated bonds, they added.
Let's take a look at some of the most expensive cities in the world.
It costs most to travel by bus, tram or subway, taxi and train in Western Europe and North America.
IndiGo heads towards $400 mln IPO as air travel booms.
Nearly six months after he put the stake sale process of Whyte & Mackay on the fast track to find a solution to United Spirits' high leverage, UB Group Chairman Vijay Mallya is understood to be nearing a deal to offload 49 per cent stake in the flagship subsidiary.
United Spirits had a tough time in recent past due to management related issues. Going ahead, corporate governance is a big challenge, say experts.
Other corporate leaders, including Biocon chief Kiran Mazumdar Shaw, UB Group Chairman Vijay Mallya and Mahindra Group vice-chairman Anand Mahindra, have also expressed concerns over the current state of economy in the country.
The company agrees to give interim funding till the airline gets an equity partner
Market regulator Sebi has sought additional details from global liquor giant Diageo with regard to its Rs 5,441 crore (Rs 54.41 billion) open offer for acquiring 26 per cent stake in UB Group firm United Spirits Ltd.
A more proactive government and some level of fiscal discipline are needed to sustain the current rally, says Suresh Mahadevan, managing director and head of equities, UBS Securities (India).
Besides working on better operational control, internal efficiency and leveraging of internal talent, Salil Parekh is also focusing on building a pipeline of leaders
Mallya had bought the pedigree scotch major, based in Scotland, for $1.2 billion in 2007.
After excluding the shares they have pledged, the promoters hold a meagre 3.55 per cent in the crisis-ridden airline.
There is much more that the government can do to track money hidden abroad.
In a statement issued from New Delhi, Ambani-led Reliance group, however, said that no charges have been levelled against them by the UK regulators in these proceedings.
All companies stock price surged on the news that UB Group has reached a deal with the world's largest spirit maker Diageo for a stake sale.
United Breweries Ltd on Friday posted a net profit of Rs 34.2 crore (342 million) for the second quarter ended September 30, as against Rs 19.5 crore (195 million) in the year-ago period.
California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure
Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally
Tax Guru Anil Rego answers your personal income tax queries
Analysts believe making mobile data more affordable will fuel mass market adoption of data services
Jain did not want to financially burden the bank with his own, personal decision to quit
The idea of floating Formula One has been around for more than a decade but there appears to be real momentum on this occasion to sell off as much as 30 percent of the company.
Prospective bidders had earlier termed the reserve price as too high, while multiple legal woes of Mallya-led UB Group are also being cited by many as reasons for lack of interest in buying this property
Spin bowler Harbhajan Singh's mother has filed a legal notice against a liquor company for running an advertisement in which captain Mahendra Singh Dhoni ridicules her son, local media reported on Tuesday.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
People working in Zurich are able to afford the smartphone the quickest, that is, after 22 hours of work.
In Cairo the same distance by taxi costs just $1.49 - the cheapest taxi price.
According to two independent sources in the know, the group is exploring the possibility of tapping private equity investors for a significant minority stake in the company or may even exit the business, provided it gets a significant exit premium.
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
India's macroeconomic environment is improving, but it is still not past the point where it can ignore the developments in the global markets
Calcutta HC dismisses United Bank of India's decision on technical grounds
Avoid fresh investments, as there might be more opportunities in the coming months, market experts tell Joydeep Ghosh
Kweku Adoboli, a 31-year-old trader at UBS based in London makes Nick Leeson, once-legendary rogue trader at Barings Securities look like an amateur.
Sebi issued final observations, necessary for the offer and the deal as a whole to go through, on May 21.
United Spirits Ltd (USL), flagship spirits company of the UB Group, has finally decided on foreign currency convertible bonds (FCCBs) to raise as much as $225 million (Rs 1,190 crore). The plan is to raise up to $175 million, plus an over-allotment option of $50 million.
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