I've become poster boy of bank default: Vijay Mallya

THE ECONOMIC TIMES Tue, Jun 26, 2018 | 04:56 PM IST Daily Newsletter

I've become poster boy of bank default, says Vijay Mallya in a letter Mallya says he is "making every effort" to settle his dues but he has been made the "Poster Boy" of bank default and a lightning rod for public anger.

Why India's life-saving plan for IDBI makes no sense It is like allowing a localized infection to spread all over, hoping the natural immunity of an otherwise healthy bod...

The CEO who waded into uncharted waters and shaped a market Dahiya's success has showed a contrarian way to build a Unicorn, and that an internet Unicorn can also win a fight ag...

Sardar Narendra 'Singh' Modi: When PM disguised himself as a Sikh to escape arrest A small leader at that time, Narendra Modi's job was to serve as a connector between top leaders and circulate banned...

By cutting incentives, India just pulled the plug on electric vehicles The world's biggest electric-car markets follow a canny mix of incentives for EVs and disincentives for fossil-fuel cars. By shutting down incentives, India is walking in the opposite direction at a time when the case for EVs is the strongest it has ever been. Where the global trade war will hurt India most The spoils of war: inside Flipkart's ESOP bounty

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Go defensive, don't expect big returns in next 1 year:  S Naren "Consumer stocks are not over-owned and that is the reason they are not correcting."... Why Deven Choksey is betting on these 3 Tata Group stocks "In H2 of 2018-19 and calendar year 2019, we will see smart launches from some of these pharma companies."... GST in 'smooth phase', return simplification high on agenda: Hasmukh Adhia Biggest tax reform since Independence, the GST was rolled out on July 1, 2017 which subsumed over a dozen local taxes... Government decides to discontinue overtime allowance for most employees Accordingly, it has been decided to implement this decision across all the ministries/departments and attached and su...

Market Watch 26 Jun | 04:56PM| SENSEX NIFTY USD/INR GOLD 35490.04 ↑19.69 10769.15 ↑6.70 68.22 ↑0.10 30494.00 ↓-163.00

MARKET NEWS

Rupee may fall towards 68.50 in the short term This week, ECB economic bulletin and preliminary inflation number will be important to watch....

Hedge funds accuse Indian co of $1.5 bn fraud The two hedge funds said they first noticed red flags with the company four years ago....

Gainers Losers 26 Jun, 2018, 04:56PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Avanti Feeds 604.95 16.10 659814 625.25 537.00 Prestige Estates Projects 278.45 7.74 33200 282.20 259.90 Hexaware Technologies 462.70 5.25 112405 468.45 435.15 Vakrangee Ltd 57.85 4.99 5465761 57.85 55.50 Finolex Industries 588.15 4.55 3259 594.00 552.00

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FROM THE NEWSPAPER

India Inc looks to deal with rising stress in employees Stress levels and anxiety are rising among employed Indians owing to growing uncertainty in jobs in a highly disrupti...

Railways to issue largest order for 22,000 wagons The govt hopes that the bulk tender would help in reducing the cost of wagons. The orders would be through the revers...

Coca-Cola plans to boost muscle with Horlicks buy This marks an entirely new foray for the Atlanta-headquartered firm and could give it bandwidth to play in the pure h...

India and Seychelles agree on naval base at Assumption Island India also announced a USD 100-million credit to Seychelles for augmenting its defence capabilities....

IDBI bank may hive off physical assets LIC may have the option of acquiring bank's properties or get a stake that will hold the physical assets proportionat...

VIDEOS

Bid to topple HDK govt: Reports Emergency was a dark period: PM Modi Vijay Mallya wants to pay back bank dues Don't look beyond India: PM to investors More Videos

ET PANACHE

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