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India could be headed for a new GDP low

4.2% would be the lowest growth since govt adopted a new base year for gross domestic product data in 2012.

Vijay Mallya

Nov 20, 2019, 12.07 PM IST

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VIJAY MALLYA

Personal guarantees may aid bad loan resolution

In a notification on November 15, the ministry of corporate affairs (MCA) included personal guarantees on corporate loans under the bankruptcy code effective from December 1. The promoters who have given personal guarantees include Jet Airways founder Naresh Goyal & The Ruia family which just last week lost its Rs 42,000 crore battle to keep Essar Steel.

IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter'

IDBI Bank NPA Management Group in Mumbai issued a public notice about wi...

Supreme Court rejects CBI contention that flight risk of economic offenders a "national phenomenon"

The apex court, which granted bail to P. ...

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