The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. Illustration: Dominic Xavier/Rediff.com The pilot......
Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money.Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.......
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. Photograph: PTI Photo On Monday, the Supreme Court awarded a four-month sentence to the......
The Supreme Court (SC) on Monday slapped a fine of Rs 2000 ($25) and a four-month jail sentence on fugitive businessman Vijay Mallya. Photograph: Simon Dawson/Reuters In addition, the former......
Loans for Indian airlines have dried up as banks have become cautious to lend to the sector. IMAGE: A man wearing a protection mask and gloves holds a sign at Indira Gandhi airport in New Delhi.......