At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.......
A bus rattles its way through lush green countryside. A young man sitting on the roof, is blind to the changing landscape. He is lost in thought even as he walks through the fields towards a......
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......
Liquor baron Vijay Mallya said on Tuesday United Spirits and Diageo Plc have received all regulatory approvals for their Rs 11,166.5-crore (Rs 111.66-billion) deal under which the Indian spirits......
'Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country,' says Surajeet Das Gupta.......
IPL franchise Mumbai Indians is among the world's 150 most valuable sports team brands according to a list topped by English football giants Manchester United, which has a brand value of USD 852......
US tycoon Malcolm Glazer plans to delist Manchester United Plc as early as June 22 as part of his 790 million pound ($1.5 billion) takeover of the British soccer giants, his bankers said on......