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MUMBAI, Tuesday, February 24, 2015

SBI consortium takes over Kingfisher House

Clamping down on Vijay Mallya-led UB group to recover loans, a 17-bank consortium led by State Bank of India on Tuesday took over possession of the prized Kingfisher House, estimated to be worth R... »
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Chennai, Monday, February 16, 2015

Foxconn confirms closure of Chennai plant

Foxconn confirmed the closure of its Chennai operations from February 10.The firm had announced the suspension of its operations in the plant from December 24, 2014, citing falling orders. About 1,... »
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New Delhi, Friday, February 13, 2015

Spicejet recapitalisation to begin soon

Going through an ownership change, budget carrier SpiceJet on Friday said it would “very soon” get the first tranche of funds under a recapitalisation process, while plans are being worked out for... »
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