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In fresh action against the man who was once known as the ‘King of Good Times’, India’s Supreme Court has released details of assets held by Mallya, his three children and estranged wife, to the group of banks led by SBI on a formal request by attorney general Mukul Rohatgi.

The Reserve Bank of India, in the past one year, has toughened up its stance on big corporate debtors, pressurising them to pay despite an effective national bankruptcy law.

A media report has suggested that Tata's UK steel business has been reducing its £1million-a-day losses for the past few months, closing on an operating profit again for the first time since it sunk into crisis

The Olympic Stadium in London is likely to be named Mahindra Stadium after the London Legacy Development Corporation (LLDC) almost finalised a deal worth around £6 million a year with Mumbai-based technology giant and car maker Mahindra Group

The Bharatiya Janata Party is the latest to join the Tamil Nadu prohibition bandwagon, and has also promised to bring back Jallikatu, the ancient bull taming festival banned by the Supreme Court.

Vodafone Group has begun process for its long-awaited India IPO - inviting banks, including Citigroup, Goldman Sachs and Morgan Stanley, to submit pitches to manage it

The Times has recognise India's largest IT services firm TCS as one of the UK's leading employers for women

Frustrated with lack of proper action on a disaster recovery plan prepared to help rebuild devastated Nepal, British officials have started spending aid money directly.