Vijay Mallya

Will there be any taker for Air India as 100% stake sale proposal sweetens deal?

Finance Minister Nirmala Sitharaman hopes to raise Rs 1.05 lakh crore from once-shelved Air India stake sale while struggling to make up the Rs 1.45-lakh-crore largesse lost to a corporate tax cut amid worsening revenue account deficit.

Oct 9, 2019

Illicit funds directed to Vijay Mallya, ED questions close aide

The ED also found that Mallya's dummy companies - Gold Reef Investments Ltd and McDowell Holdings Ltd - support 20 to 25 employees of UB Group.

Jul 30, 2019

Chris Gayle's posts picture with Vijay Mallya; Twitterati gives hilarious response

The Universe Boss posed for a photo with the absconding businessman in London. Responses on social media were a mixture of anger and mirth.

Jul 14, 2019

Will PM Modi finally be able to bring back all black money from Swiss banks?

Fight against black money gets a boost as Swiss banks will give details from September, according to Switzerland's Federal Department of Finance (FDF).

Jul 11, 2019

Please take the money: Vijay Mallya offers to pay back money to banks

Vijay Mallya, who is facing fraud and money laundering charges amounting to Rs 9,000 crores in India, took to Twitter after the court's order on Tuesday.

Jul 3, 2019

Vijay Mallya brutally humiliated at The Oval in London, booed with 'Mallya Mera Paisa De' chants

In a video that has been doing the rounds of social media, Vijay Mallya can be seen surrounded by a bunch of Indians who couldn't stop booing the beleaguered businessman for leaving India on March 2, 2016 after defaulting on loans amounting to Rs 9,000 crore.

Jun 10, 2019

Did Vijay Mallya snipe at Virat Kohli? Absconding businessman responds to RCB skipper's Instagram post

After another disappointing season, the liquor baron put out a tweet in response to RCB captain's appreciative post dedicated to loyal fans.

May 8, 2019

Jet Airways folding up the Kingfisher way? Here are the strange similarities

Jet Airways registered itself on Bombay Stock Exchange (BSE) in 2004, a year before Kingfisher took off, and launched the IPO in 2005, raising Rs 1,890 crore.

Apr 18, 2019

What's next for Vijay Mallya after UK court rejects plea against extradition?

Vijay Mallya, who is seeking refuge in the United Kingdom, will submit an appeal for the second time at the London court for an oral hearing.

Apr 9, 2019

UK High Court rejects Vijay Mallya's plea to appeal against his extradition

Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot had then sent Mallya's case to Home Secretary Sajid Javed, who had also cleared the extradition.

Apr 8, 2019

Will Supreme Court order quashing RBI note on stressed loans create more Nirav Modis?

In the aftermath of the court order, banks may turn more to the 'Project Sashakt' to deal with stressed assets above Rs 500 crore.

Apr 3, 2019

Suits BJP to say I ran away: Vijay Mallya tweets again; slams Modi government

Taking to Twitter on Sunday, March 31, Vijay Mallya slammed the Modi government saying the fact that he was a UK resident since 1992 was ignored.

Mar 31, 2019

Will Nirav Modi, Vijay Mallya share the same Arthur Road jail? UK judge thinks so

The UK Court Judge who ordered the extradition of Vijay Mallya last year is also hearing the bail plea of Nirav Modi.

Mar 30, 2019

Vijay Mallya offers to save Jet Airways; slams Modi govt, PSU banks for 'double standards'

Vijay Mallya is disgruntled at the fact that his now defunct Kingfisher Airlines too could have been bailed out by lenders, equivalent to what happened with cash-strapped Jet Airways on Monday.

Mar 26, 2019

Indian officials lack of interest might be helping Nirav Modi roam free in UK

Extradition proceedings against the Rs 13,000 crore economic offence fugitive never took off because of Indian failure to respond to queries from the UK Serious Frauds Office, says report.

Mar 12, 2019

Vijay Mallya takes a dig at PM Modi's Parliament speech; gets trolled in response

The businessman also asks why banks are not being instructed to recover money that he has put on the table so that PM Modi can claim credit for recovery of public funds lent to Kingfisher.

Feb 14, 2019

End of Good Times: Former Kingfisher boss Vijay Mallya's extradition to India cleared by UK govt

Vijay Mallya has been charged for fraud and money laundering amounting to around Rs 9,000 crore, and had fled to the United Kingdom in 2016.

Feb 4, 2019

Court declares Mallya a fugitive economic offender

Mallya has become the first businessman to be declared an FEO under the provisions of the new Fugitive Economic Offenders Act which came into existence in August last year.

Jan 5, 2019

Vijay Mallya faces bankruptcy proceedings in UK High Court

TLT LLP has been representing the banks in their efforts to recover their dues as part of the worldwide freezing order, with the bankruptcy petition aimed at seizing his assets to recover dues.

Dec 18, 2018

Didn't he pay loans for 40 years? Nitin Gadkari supports Vijay Mallya

The 'fugitive economic offender' has lost control of his vast business empire and a whole lot of prized assets and personal wealth over the last several years.

Dec 13, 2018