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The villa was owned by United Breweries Holdings and mortgaged by the now-grounded Kingfisher Airlines to the consortium of banks to obtain loans in 2010.

Kingfisher Villa's re-auction turns damp squib

Lenders failed to get any buyer for Kingfisher House in the city, when it was put under auction for the third time.

22 Dec 2016 1:39 PM IST

Bombay Stock Exchange

Sensex crashes over 250 points, ends below 26,000

Sharp drop in 30-share benchmark index comes amid banks, metal shares witnessing a sell-off.

22 Dec 2016 12:17 PM IST

Ousted Chairman of Tata Sons, Cyrus Mistry. (Photo: PTI)

Ousted as wanted to probe malpractice at Tata Sons: Mistry

Mistry's counsel tells company law panel that price sensitive info was leaked with parties that violated insider trading...

22 Dec 2016 12:06 PM IST

It might seem logical that a single woman should have more gold to fall back on as she has to fend for herself. (Representational image)

Gold futures drop Rs 47 on weak global cues

At MCX, Gold for delivery in April eased 0.17 per cent to Rs 26,916 per 10 grams.

22 Dec 2016 11:15 AM IST

The rupee had staged a smart rebound against the US dollar to end higher by 12 paise at 67.82 in yesterdays trade.

Rupee up 7 paise against dollar in early trade

Rupee is trading at 67.84 against the US dollar in early trade.

22 Dec 2016 10:20 AM IST

The money recovered by ED. (Photo: ANI)

Crackdown on cash imperils pivotal tax reform

A slump in business activity stemming from the cash crunch has caused the revenue of state govts.

22 Dec 2016 10:05 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex down 71 points on weak global cues

NSE Nifty trading lower by 30.10 points or 0.37 per cent to 8,031.20.

22 Dec 2016 10:00 AM IST

Industrialist Nusli Wadia. (Photo: PTI)

Independent director Nusli Wadia removed from Tata Steel board

The total number of votes polled against the proposal was 5.75 crore, accounting for 17.5 per cent of non-promoters.

22 Dec 2016 9:53 AM IST

The demonetisation had a major effect on economy as the move sucked in 18 billion 500 and 1000 rupee notes which are valued at Rs. 14 lakh crore out of circulation. (Photo: PTI)

Economic shock from cash ban to last until March: Bibek Debroy

Reserve Bank of India has trimmed its growth forecast for the current fiscal year by half a percentage point to 7.1 per...

22 Dec 2016 8:34 AM IST

The euro was up 0.1 per cent at $1.0430 rebounding from $1.0352 on Tuesday, the lowest since January 2003.

Dollar loses steam ahead of holidays, US indicators

The dollar index which measures the greenback against six major rivals, last stood at 103.02.

22 Dec 2016 8:09 AM IST

Japans Nikkei stock index slumped 0.6 per cent.

Asia markets mostly down after US losses

MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher in early trade

22 Dec 2016 8:06 AM IST

The market seems unwilling to push oil towards $50 a barrel ahead of the Thanksgiving holiday tomorrow.

Oil prices up on weaker dollar, optimism on output cuts

Brent LCOc1 futures for February delivery climbed 17 cents to $54.63 a barrel, having previously finished 89 cents...

22 Dec 2016 7:59 AM IST