Last Updated: Saturday, July 26, 2014, 11:04
Force India are happy with their current pairing of Nico Hulkenberg and Sergio Perez and see no need to replace either driver next season, the Formula One team`s owner Vijay Mallya said on Friday.
Last Updated: Thursday, July 24, 2014, 16:42
Once declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company.
Last Updated: Friday, July 18, 2014, 14:02
State-owned United Bank of India will soon embark upon process to 'name and shame' its wilful defaulters as part of its effort to recover dues.
Last Updated: Thursday, July 17, 2014, 14:02
Kingfisher Airlines has emerged as the country's biggest defaulter as per a report published Thursday by a leading English daily.
Last Updated: Tuesday, July 15, 2014, 20:06
Unable to recover over Rs 50 crore dues from Kingfisher Airlines, the services tax department has moved courts to get a share from sale of securities being undertaken by lenders.
Last Updated: Sunday, June 29, 2014, 11:11
UBI was the first among other banks in the country to take such a stern step against the grounded airline.
Last Updated: Tuesday, June 24, 2014, 13:49
UB Group currently holds nearly 22 percent stake in MCFL, but over half of their shareholding is pledged.
Last Updated: Wednesday, May 28, 2014, 15:45
The company's net sales rose to Rs 973.9 crore for the fourth quarter as compared to Rs 931.92 crore in the same period of previous fiscal, United Breweries Ltd said in a filing to the BSE
Last Updated: Monday, May 26, 2014, 18:59
Global liquor giant Diageo Plc has received market regulator SEBI's clearance for an open offer to acquire additional 26 percent stake in United Spirits Ltd for Rs 11,448.91 crore.
Last Updated: Friday, May 23, 2014, 19:26
SBI, which has an exposure of Rs 1,600 crore to grounded airline Kingfisher, on Friday said it is exploring ways to declare Vijay Mallya as a 'wilful defaulter'.
Last Updated: Friday, May 16, 2014, 14:11
Indian corporates leaders took to twitter to welcome the new government at the centre.
Last Updated: Monday, May 12, 2014, 22:56
Shares of United Spirits closed almost three percent down Tuesday after the company said it will sell its UK-arm Whyte & Mackay for 430 million pounds (about Rs 4,360 crore) to Philippines-based Emperador.
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