Vijay Mallya gets bankruptcy reprieve from UK High Court
NEW DELHI: In a relief to Liquor baron Vijay Mallya, the High Court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around GBP 1.145 billion from him. Justice Michael Briggs of the insolvency […]
Karnataka High Court orders HAL employees to call off stir
BENGALURU: As the strike by workers of Hindustan Aeronautics Limited (HAL) entered the eighth day on Tuesday, the Karnataka High Court has restrained the Hindustan Aeronautics Employees Association from continuing their stir. The High Court has passed an interim order restraining the HAEA, its office bearers/workmen from continuing their ongoing strike including go-slow, work to […]