Calcutta HC Stays United Bank’s ‘Wilful Defaulter’ Tag Against Kingfisher...
Grounded airline Kingfisher Airlines Ltd has obtained a stay order from the Calcutta High Court on the decision of the United Bank of India, declaring the airline and its directors (including erstwhile directors) as ‘wilful defaulters.’ “The bank has been directed to file its... read more »
Broad market shows strength
A range bound movement was witnessed as key indices moved near the flat line in afternoon trade. The broad market showed strength, with more than two gainers for every loser on BSE. The barometer index, the S&P BSE Sensex, was currently up 44.05 points or 0.17% at 26,670.37. The BSE Mid-Cap... read more »
IDBI Bank rises 3%, borrowing limit hiked to Rs 15000 cr
Shares of IDBI Bank was up 3 percent intraday on Monday after its board meeting. In the meeting held on September 26, the board has approved to increase borrowing limit to Rs 15000 crore from Rs 4000 crore. “The board of directors has approved enhancement in rupee borrowing limit from the... read more »
Snapdeal, Flipkart and Amazon may spend up to Rs 200 crore this festive sea...
BANGALORE: If Amazon chief Jeff Bezos had wanted a ringside view of the intense marketing battles taking place in India’s ecommerce terrain, he couldn’t have chosen a better time to visit the country. Bezos has landed in India bang in the middle of an advertising blitz unleashed by his... read more »
