Ub

CBI today questioned the then Chief Financial Officers of defunct Kingfisher Airlines and UB Group, A Raghunathan and Ravi Nedungadi, respectively, in connection with alleged loan default case against the airline.

Nifty still below 7150, Sensex in red; pharma, oil, metal slip

Adani Ports, NTPC, ONGC, Bharti Airtel and Dr Reddy's Labs are top gaienrs while SBI, L&T, Sun Pharma, Hindalco and GAIL are major losers in the Sensex.

Mallya Vs USL: Right time for regulator to act, say experts

The removal of director is the prerogative of the shareholders, while the board can uninamously remove a chairman, explains Pratibha Jain, Partner at Nishith Desai Associates.

Wilful defaulter: Is this end of the road for Vijay Mallya?

Under law, willful defaulters cannot have access to any further bank funding and neither can companies where they serve as directors.

Nifty hovers around 5900, UB group stocks hold firm

It's a quiet session for the market as the Nifty is hovering around 5900. Select commodities dragged, while pharma stocks have lend their supports.

Why is Tulsian entering realty on correction of 3-5 %

Vijay Mallya will lose the controlling stake in United Spirits (USL) as Diageo Group has acquired a 53.4% state in the comapny for USD 2 billion. SP Tulsian of sptulsian.com in an interview to CNBC-TV18 recommends investors to hold on to United Breweries' stocks as he expects the stock to reach Rs 2,000

UB to invest heavily in capex: Vijay Mallya

United Breweries Ltd‘s will invest heavily in capex, said chairman Vijay Mallya on the sidelines of the annual general meeting of the company.

Will not close down Kingfisher: Mallya

Beleaguered Kingfisher Airlines' promoter Vijay Mallya tonight said he will not shut down the private carrier which struggled to stay afloat after further large-scale flight disruptions and resignation of pilots. "Closing down is not an option.

Kingfisher to get USD 47 mn loan from Sahara: Report

The Sahara group will give a loan of more than Rs 250 crore to cash-strapped Kingfisher Airlines, to help the carrier continue operations, the media reported on Saturday, citing sources.

Mkt momentum on downside strong, go long on Wipro: Sukhani

As the Nifty tested 4,700 levels for the fourth time, I would continue with positional shorts, elucidated Sudarshan Sukhani of S2analytics.com. Moreover, he also feels the Nifty might break further below the 4,640 levels. "The market's momentum on downside looks strong," he added.