Hawala operator arrested in K'taka, Rs 5.70 crore in new currency seized

The Central Bureau of Investigation on Tuesday arrested an alleged hawala operator K V Virendra in connection with seizure of Rs 5.70 crore of new currency notes of Rs 2000 denomination from his......

Loan default case: CBI registers fresh case against Mallya

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......

'All we need is cash!'

Day Two after the banks reopened remained just as chaotic as Day One, reports Rediff.com's A Ganesh Nadar. Marie Antoinette and Paytm in Modi's India 'A chaiwalla did what an economist couldn't'......

Govt to amend two laws to ease privatisation of banks

To facilitate privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. IMAGE: Kindly note that this image has been posted for......

Indian banks pursue UK bankruptcy order against Vijay Mallya

A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the......

Vijay Mallya denied access to court-held funds

vVijay Mallya on Wednesday lost an appeal to gain further access to court-held funds to cover his costs for legal proceedings in India, as a high court judge in London concluded that the......

Mallya plea to release funds for legal fees cuts no ice with UK court

A UK court hearing an urgent application on Monday refused to sanction the release of substantial sums held with the Court Funds Office (CFO) as part of bankruptcy proceedings being pursued against......