The self-proclaimed &lsquo;King of Good Times&rsquo; is in distress. Despite earlier media reports about his reluctance to sell 'family silver', Diageo Plc of the UK is set to pick up a 51% stake in Vijay Mallya-promoted United Spirits Ltd (USL) this week, in a $2 billion (Rs 10,820 crore) deal that is being seen as the liquor baron's bid to bail out the ailing Kingfisher Airlines.

Have the good times come to an end for Vijay Mallya?

Business Standard

A recent report by Opera Software&rsquo;s State of the Mobile Web reveals that e-commerce has grown to become the second largest website category in the list of top Indian domains.

Seven reasons to do shopping online this Diwali

The government has garnered a modest Rs 9,407.64 crore from 2G spectrum bids. The figure is less than a quarter of the Rs 40,000-crore (the target was later lowered to Rs 30,000 crore) the Centre had been hoping to raise from the 20-year lease-out of scarce radio waves.

2G auction: A flop show

Ponty Chadha who was reportedly killed along with elder brother in a shootout at the family's farm in Delhi, has been in the news for a variety of reasons -- mostly of course, for the way he used his political influence to further his business interests. Here are 10 things you might want to know about the man.

Ten things you need to know about Ponty Chadha

On November 19 , 2012, Honda recalled 11,500 units of its premium bike &mdash; CBR 250R &mdash; in the country because of a defective brake system.

The infamous vehicle recalls

On November 21, Ajmal Kasab, 25, the lone terrorist captured alive after the 2008 Mumbai attacks, was hanged in the storied Yerwada jail of Pune. A painful chapter in India&rsquo;s recent history has come to an end, finally.

So, will Pak now do a Kasab on Sarabjit?

There seems to be a temporary ceasefire in the heated dispute between ArcelorMittal, the world&rsquo;s largest steel maker, and the French government over the closure of two blast furnaces in north-eastern France, after French President Francois Hollande met Lakshmi Mittal, who heads the company, at his office in a bid to mend ties.

10 things you need to know about ArcelorMittal-France row

So, Parliament is finally set to vote on the contentious issue of whether or not foreign direct investments (FDI) should be allowed in multi-brand retail. The debate in the lower house is likely&nbsp; to be held on December 4 and 5, and will be the first trial of strength in the 15th Lok Sabha.

Shantanu Bhattacharji