Kolkata-based United Bank of India has filed a winding up petition against Vijay Mallya-promoted Kingfisher Airlines for failing to retire loans amounting to Rs 336 crore (Rs 3.36 billion), an......
Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......
Overseas direct investment by Indian companies rose to $2.28 billion in November against $1.22 billion in the previous month, according to the Reserve Bank of India data released on Thursday. JSW......
Private equity firms have invested over $5 billion in Indian companies so far this year, more than what entire 2009 saw. The PE companies, however, have also sold off shares worth about $2.5......
Markets on Wednesday ended near the day's low on weak cues from the global peers. The Sensex touched a high of 17,623 on opening but started slipping soon after on pressure in metal and banking......