New Delhi / Tribune News Service The Enforcement Directorate (ED) said it has attached properties worth Rs.1,411 crore of business tycoon Vijay Mallya and his company United Breweries (Holding) Ltd in a case of alleged diversion of Rs.430 crore from an IDBI Bank Ltd loan to his Kingfisher Airlines Ltd to purchase properties overseas. ED, on its Twitter account, …

  New Delhi / Tribune News Service The Delhi government fined five prominent private city hospitals Rs 700 crore for not treating poor patients as mandated by the law, underscoring the scanty healthcare options available to the Capital’s economically weaker sections (EWS). Government rules stipulate 10% of all patients admitted to private hospitals must be poor and treated free of …

Shanghai / AFP Small-time investor Tracy Li lost more than $3,000 of her hard-earned salary from working at a bank after China’s stock market crashed last summer, wiping out trillions of dollars in valuations in just days. A year later, and she has been burned twice, betting government intervention to prop up the market after the rout would guarantee good …