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CBI interrogates Vijay Mallya on Kingfisher

The Central Bureau of Investigation (CBI), probing the Rs 950-crore loan of IDBI to Kingfisher Airlines in 2010 that had breached banking norms, questioned group chairman Vijay Mallya (pictured) at its office here on Thursday. The CBI is probing financial impropriety charges against Mallya, who got the loan despite an internal IDBI report questioning the net worth of Kingfisher, since ... Read More »

Honda to recall over 90,000 vehicles, including City

V Less than three months after announcing the country’s second largest recall, Japanese car maker on Thursday said it will recall a total of over 90,000 vehicles, mostly City, to replace the fuel return pipe. A total of 64,428 units of diesel Honda City manufactured between December 2013 and July 2015 will be recalled along with 25,782 units of Mobilio ... Read More »

Infosys says back on track for ‘industry leading growth’

After showing consistency in performance in the last couple of quarters, Infosys, India’s second largest information technology services company, has said it was back on growth track. The Bengaluru-based firm also said while the present growth was primarily driven by improving the operational efficiency, the growth would be more pronounced once the results of the new initiatives it had taken ... Read More »