Feb 19, 2017 at 15:10 | Source: PTI
A number of foreign investorsincluding HSBC and UBS have stopped issuing controversy-riddenP-Notes as regulatory and enforcement agencies step up theirclampdown on misuse of this once-popular instrument amongforeigners to invest in Indian markets.
Feb 17, 2017 at 20:06 | Source: CNBC-TV18
Although he adds that investors have beem closely following Narendra Modi after his decision to ban high denomination currency last year. So, any BJP win or loss by a huge margin is likely to affect market, he adds.
Feb 16, 2017 at 14:21 | Source: CNBC-TV18
Speaking to CNBC-TV18, UB Pravin Rao, Chief Operating Officer at Infosys, said all options were being explored and that the company's board would decide on the timeline of the buyback and the cap allocation policy.
Feb 15, 2017 at 13:10 | Source: Reuters
Britain's Vodafone Group said last month it was in talks to merge its Indian subsidiary with Idea Cellular in an all-share deal. The merger will create India's largest mobile operator with about USD 12 billion in sales.
Feb 09, 2017 at 09:15 | Source: Moneycontrol.com
An email was sent on Wednesday in the evening by the company's Secretary and Senior Vice-president Govind Iyengar to Mallya in this regard. It was also filed with BSE.
Feb 08, 2017 at 13:15 | Source: Moneycontrol.com
Liquor baron Vijay Mallya received a major blow from the Karnataka High Court yesterday when it ordered winding up of the United Breweries Holdings Limited (UBHL), the holding company of UB Group for recovery of defunct Kingfisher Airlines losses owed to consortium of bank led by State Bank of India.
Feb 08, 2017 at 10:12 | Source: PTI
"This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors," Justice Vineet Kothari said in his order allowing petitions by banks and aircaft lessors.
Feb 07, 2017 at 16:35 | Source: CNBC-TV18
In yet another blow to Vijay Mallya, the Karnataka High Court ordered winding up of United Breweries Holdings, the parent company of the UB Group. The court said UBHLs assets can be sold to recover dues payable by UBHL-promoted Kingfisher Airlines.
Feb 02, 2017 at 08:29 | Source: CNBC-TV18
In an interview with CNBC-TV18, Geoffrey Dennis said that the Nifty was fairly valued at about 16.5 times next year earnings but added that if the demonetisation-induced slowdown eases and India goes back to 8 percent growth next year, the market looks "interesting" to foreign investors.
Feb 01, 2017 at 10:32 | Source: CNBC-TV18
Speaking to CNBC-TV18, Gautam Chhaochharia, Head of India Research, UBS Securities, said the markets expect changes to the corporate tax regime and have already digested it,