The Indian aviation industry may seem to be soaring, but it has a history of airline shutdowns due to money troubles, intense competition and management issues. For instance, Go First (formerly GoAir)…
One name that consistently comes to mind when we discuss luxury residences in India is Antilia, a sky-high abode located on Mumbai’s Altamount Road. The Ambani family owns Antilia, a 27-story…
Sebi on Friday barred fugitive businessman Vijay Mallya from the securities markets and restrained him from associating with any listed firm for three years in the matter of routing funds to the…
Trouble for Vijay Mallya increased once again after a special CBI court in Mumbai issued a non-bailable warrant (NBW) against the fugitive businessman in a Rs 180-crore loan default case linked to…
In a landmark ruling, the Bombay High Court has struck down the powers granted by the Centre to public sector banks (PSBs) to issue lookout circulars (LOCs) against defaulters. The court condemned the…