More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. Photograph: PTI Photo SBICap Trustee in......
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar. IMAGE: Aditya Birla Group Chairman Kumar Mangalam......
Liquor baron Vijay Mallya and Kingfisher Airlines on Wednesday submitted in a sealed cover a proposal for repayment of Rs 4,000 crore (Rs 40 billion) out of the loan amount of Rs 6,903 crore (Rs......
Banks are seeking an order that Mallya should appear in person before the court. Image: A consortium of banks has moved the court seeking the freezing of Mallya’s passport. Photograph:......
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines. The SBI-led bank consortium has decided to auction Kingfisher House in Mumbai on March 17 in a bid to recover......