Total disputed liability of Mallya with respect to service tax to the tune of Rs 535 cr
Counting of votes in the high-stakes close-to-call Bihar assembly elections, billed as a hot battle between Prime Minister Narendra Modi and Chief Minister Nitish Kumar, will take place on Sunday.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
When Rani Hong was just seven, she was taken from her family and sold into slavery. At an age when she should have been enjoying her childhood, she was subjected to treatment that left her close to death.
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
'Constitutional narratives are forged both inside and outside courtrooms,' says Rohit De.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
"Guide to looting India by Nirav Modi - - 1) Hug PM Modi 2) Be seen with him in Davos. Use that clout to: A) Steal 12,000 crore B) Slip out of the country like Mallya, while the government looks the other way," Congress chief Rahul Gandhi tweeted.
Mergers to create at most six state banks
Such an exit arrangement is commonly known in the business parlance as 'golden parachute' or 'sweetheart deal'
Consolidation is the prime mood of the Indian equity market at the moment.
However, worries on inadequate import and issues for the FTA pacts.
If the offer is accepted, banks will have to take a haircut of about 30 per cent or Rs 2,500 crore of the total receivables of over Rs 9,000 crore.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
Aam Aadmi Party leader Yogendra Yadav on Thursday made public a "note", jointly written with Prashant Bhushan, which he had sent to the party on March 17 claiming that they had proposed their resignation from all party posts conditional to acceptance of their demands.
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.
Rediff.com's Rajesh Karkera made an 11-day road voyage across some of South Asia's most deserted, challenging, terrain, always under the gaze of the sacred, dazzling Himalaya.
He was a plain talker and never hesitated to put forth his point of view
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
Gold stocks in India are estimated to be over 20,000 tonnes at present.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
A glance back at some of the important ups and down Indian Inc faced in 2018.
Fulfilling the promises made in the manifesto, a resurgent Opposition in the state assembly, impending local body polls... Tamil Nadu Chief Minister Jayalalithaa may have made history by winning two assembly elections in a row, but the real test begins now, says N Sathiyamoorthy.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
Uncorking the business of vintage wines and spirits.
The government introduced the 122nd Constitution amendment Bill.
Devulkar had a certain abnormal vagueness about him that was unreal and defied belief. That came across in both his slightly too easy-going, extra-cooperative manner and the ragged nature of his testimony.
The Opposition said that the government was 'bull-dozing'.
The judgement in the over 13-year-old case, whose trial saw many twists and turns, can make or mar the career of the actor on whom ride investments of over Rs 200 crore.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
'Kanpur and Hoogly district are the most polluted on the Ganga.'
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Could the Arvind Kejriwal-led AAP become the rallying point of new energies that are getting unleashed all over urban India, in quest for a different kind of politics, to such an extent that he can rein in Narendra Modi? It all depends on how it pans out its politics in the coming weeks, says Neerja Chowdhury.
'I do hope the Patel family sues the hell out of the state of Alabama, and I hope the Hindu American Foundation and other community organisations are helping with legal aid and monetary support. For, there is reason to believe that it is religious and racial bias that led to the incident: In other words, a hate crime. There is no reason to suffer that silently.'
'A change of government will bring about a lot of changes because everything is frozen for the last two years. So, the frozen energies of India will be released.' Swadeshi Jagran Manch convenor Swaminathan Gurumurthy discusses the Modi phenomenon with Shobha Warrier/Rediff.com
'Modi is a master of convergence. By his ability to converge and add new features to a non-star idea, he is able to sell it. Like how he has turned Kutch into a tourist destination by selling the salt desert of the Rann as a flat snow desert of the night and roping in Amitabh Bachchan to sell it. In one stroke this has ensured economic returns to the people and on the other hand it has taken care of the national security angle in the sense that the border population in the Rann, which is almost entirely Muslim, is feeling better as now they are much more connected with the mainstream.' Ahead of the launch of his book on the much-debated Modi model of governance, journalist Uday Mahurkar speaks to Rediff.com's Sheela Bhatt.
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