Dalal Street’s highly-rated fund manager Rajeev Thakkar, who manages the Rs 48,000 crore PPFAS Mutual Fund, is happy to have missed out the multibagger rally seen in a number of PSU rail and defence stocks in the last few months. “Unlike a zoo where you probably try to have two samples from each animal species, … Read more
Finance Minister Nirmala Sitharaman on Wednesday said the government will actively pursue cases against economic offenders to bring back defrauded money of banks. The remark came soon after the Enforcement Directorate (ED) said the Debts Recovery Tribunal (DRT) has sold shares worth over Rs 5,800 crore of Limited (UBL) that were earlier attached under the … Read more
Fugitive liquor baron Vijay Mallya has appealed to the UK Home Secretary Priti Patel for “another route” to remain in the United Kingdom. Mallya’s legal representative made the claim during a hearing into the tycoon’s bankruptcy proceedings at the UK High Court in London on Friday. Mallya, 65, has gone through and exhausted the full … Read more
India has strongly underlined its interest in the expeditious extradition of former Kingfisher Airlines chief Vijay Mallya, who has completed all the legal processes related to extradition from the UK, during talks between Foreign Secretary Harsh Vardhan Shringla and UK Home Secretary Priti Patel in London. On the last leg of his three-nation Europe tour, … Read more
The UK government cannot set a timeline for extradition of fugitive businessman Vijay Mallya though it is determined to ensure that criminals can’t escape justice by crossing national borders, British High Commissioner Sir Philip Barton said on Thursday. Asked during an online media briefing whether Mallya has sought asylum in the UK, the envoy said … Read more