Bank debt recovery could double this year

Fear of action by banks, along with signs of improvement in the economy, has helped state-run lenders recover over £3.65 billion of bad and sticky assets during the first quarter of the current financial year - which is almost half the recoveries...

ED suffers setback in Mallya probe

In a setback to Enforcement Directorate, a PMLA appellate tribunal has set aside the attachments of flats owned by Biocon CMD Kiran Majumdar Shaw and NRI Vivek Mathias in Kingfisher Towers in Bengaluru, which were attached by the agency relating...

The government of India has appointed Kumar Mangalam Birla, chairman of the Aditya Birla Group, and ITC chairman Y C Deveshwar as non-official independent directors for Air India.



to the free, weekly Asian Voice email newsletter