I don't place much emphasis on timing the market. Stocks don't move up because we buy them, says Ramesh S Damani
The Supreme Court on Tuesday issued notice to the market regulator Securities and Exchange Board of India on the issue of settlement reached between Vijay Mallya's UB Group and Chhabria Group
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
The Indian ace was joint fifth after the second round in the Brunei Open.
The Indian stalwart stamped his return with a seven-under-par 64 to take the first round lead.
Kingfisher House is one of the prime real estates of the airline.
The IPO of state-owned steel maker RINL is scheduled to hit the markets in the current fiscal, and the Cabinet has already accorded its approval for the stake sale.
Australia's Trade Commissioner to India Elizabeth Sullivan has said that several food and beverages company in her country are keen to enter the Indian market.
'He has agreed to play for us once he is back after a two-month stint with a Malaysian club,' team director Amit Sen said.
Vijay Mallya had indicated last month that he wanted to move to the UK to be closer to his children.
The UB Group on Tuesday said that chief operating officer and president of Kingfisher Airlines, Alex Wilcox had not resigned, and he has been given "reasonable time" to resolve some personal matters.
"I just have to ride out the storm," Vijay Mallya said.
UB Group chairman and Rajya Sabha member Vijay Mallya and Air Sahara chief executive officer U K Bose were on Monday honoured with the Distinguished Fellow Award, 2003.
'It is surprising and unfortunate that unfounded allegations are now being made without any reference to me whatsoever,' Vijay Mallya said.
The UB group's Kingfisher Airlines, which is planning to launch operations in May, announced the signing of deals to purchase three Airbus A-319 aircraft.
Case is related to payment of user development and passenger service fee.
Liquor baron Vijay Mallya's Kingfisher Airlines will commence operations during the first quarter of 2005.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
We may now be experiencing the darker side of the massive monetary stimulus of past years, said Rajan.
Jyoti Randhawa sizzled with a five-under 65 to shoot up to the tied second at the UBS Hong Kong Open
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