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Vijay Mallya

vijay mallya

From luxury yachts to fancy watches, Vijay Mallya no longer owns fabled assets

Most assets including personal valuables of former liquor baron are attached or given to court custody. Dec 12, 2018
vijay mallya

Mumbai's Arthur Road Jail gets ready for Vijay Mallya's arrival

The barrack where Mallya might stay is said to be two-storied and Mallya will be in one of the three cells on the ground floor. Dec 10, 2018
Vijay Mallya

Vijay Mallya's extradition case edges towards ruling

If the judgment goes ahead as scheduled on Monday, it would mark a significant point in this high-profile extradition trial that has lasted over a year. Dec 9, 2018
Vijay Mallya

'Please, take it': Extradition blade hanging, Vijay Mallya offers to 'repay 100%' to banks

This move came a day after the British national and middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal was extradited to India from Dubai and handed over to the Central Bureau of Investigation (CBI) late on Tuesday. Dec 5, 2018
Force India Formula 1 Team

Adios Force India: The rise and fall of Vijay Mallya's dream Formula 1 project

After an epic decade-long sting in Formula 1, Force India name has retired. The team has been renamed as Racing Point F1 and that marks the end of India's presence in F1, for now. Dec 3, 2018
Vijay Mallya

End of 'Good Times'? Embattled tycoon Vijay Mallya might lose swanky London mansion

Mallya, his mother Lalitha Mallya and son, Siddhartha Mallya might soon have to leave their Regent Park facing London home. Oct 21, 2018
vijay mallya

UK court orders sale of Vijay Mallya's 6 fancy cars to repay debt to Indian banks

The six cars are to be sold at a price not less than 387 crores, the London court ruled. Oct 19, 2018
Vijay Mallya

Mallya trying to save posh London home after defaulting on loan repayment

This is the latest in a serious of lawsuits he is fighting in UK and India as creditors pursue him for return of $1.3 billion loans he took for his now defunct Kingfisher Airlines. Oct 11, 2018
kingfisher airlines, kingfisher beer, vijay mallya, vijay mallya arrested in london, united breweries, usl share price

Delhi aviation firm buys Mallya's two choppers in e-auction

Three firms participated in the auction, held with a minimum bid price of Rs 1.75 crore for each copter of model 2008, last flown in 2013. Sep 20, 2018
Force India F1

CBI chargesheet against Mallya likely in a month; bank officials may be named accused

This would be first chargesheet in the case pertaining to loans of over Rs 6,000 crore given to Kingfisher by a consortium of 17 banks led by State Bank of India which alone had an exposure of Rs 1600 crore. Sep 16, 2018
rahul gandhi

Vijay Mallya was given free passage out of country by Finance Minister, says Rahul Gandhi

Mallya had told reporters in London that he had met Jaitley before leaving the country. His comments had drawn immediate flak from the opposition. Sep 13, 2018
Vijay Mallya

Kingfisher Airlines was owned not by Vijay Mallya but by the Gandhi family: Sambit Patra

These comments were made by the Bharatiya Janata Party spokesperson after Congress president Rahul Gandhi demanded Union Finance Minister Arun Jaitley's resignation. Sep 13, 2018
Vijay Mallya

Mallya extradition case: Cong launches scathing attack; demands Jaitley's resignation

Liquor baron's comments on meeting FM Arun Jaitley before leaving the country have not gone down well with the Opposition. Sep 13, 2018
Vijay Mallya court

Vijay Mallya says that he met Finance Minister several times before leaving India

The liquor baron said that he met Union Finance Minister Arun Jaitley several times but refused to give out details of the meeting to the reporters he was talking to. Sep 12, 2018
Vijay Mallya

Have made comprehensive settlement offer, says Vijay Mallya before extradition hearing

Mallya is fighting extradition to India on charges of fraud and money laundering amounting to Rs 9,000 crores. Sep 12, 2018
Vijay Mallya

No excuse for fugitive millionaires anymore; Mumbai jail to get EU-style cells

The move will curb the excuse fugitives use to oppose extradition to India. Aug 31, 2018
Vijay Mallya court

Will Vijay Mallya return to India to save properties from new fugitive economic offenders law?

The Debt Recovery Tribunal had recently passed an order asking Vijay Mallya to pay Rs 6,203 crore to the government which after levying an interest of 11.5 per cent comes to around Rs 9,000 crore. Aug 28, 2018
crime, police, money laundering, visakhapatnam, kyc in banks, kyc norms in banks, rbi, yoganand police commissioner

Anil Jaisinghani: After Vijay Mallya and Mehul Choksi, bookie linked to Dawood flees country

Anil Jaisinghania is said to be the kingpin of an Rs 800 crore Indian Premier League betting racket of 2015. Aug 13, 2018
Sahara Force India F1 Team

Billionaire Lawrence Stroll & Co. to rescue Force India F1 Team; Vijay Mallya's reign ends

A consortium of Canada based businessmen has emerged as the top bidder for the Force India Formula One team. The team was under administration from Friday (July 27), before the Hungarian Grand Prix. Aug 8, 2018
jet airways q4 annual results indian aviation dgca jet net profit sales atf

Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector. Aug 3, 2018
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