Vijay Mallya

State-run banks hit by willful defaulters

The debt owed by willful defaulters rose 138 percent in three years to Rs. 66,190 crore (about $10 billion) by December 2015.

May 3, 2016

Vijay Mallya resigns from Rajya Sabha

The Parliamentary Ethics Committee was scheduled to meet Tuesday and was likely to expel the MP from the upper house.

May 2, 2016

Kingfisher Airlines' brand, trademarks find no takers: Report

The company's logo and trademarks, including the popular tagline "Fly the Good Times," were all up for grabs.

Apr 30, 2016

Vijay Mallya says he is in forced exile, has no plans to leave UK: Financial Times

In the interview, Mallya also denied allegations of syphoning off crores of rupees from IDBI bank and laundering it overseas.

Apr 29, 2016

Government seeking Vijay Mallya's deportation

The Enforcement Directorate will request the Interpol's National Central Bureau to issue a red corner notice against Mallya.

Apr 28, 2016

SC rejects Mallya's NRI argument, directs to disclose all assets overseas

The businessman had previously cited an Income Tax Act provision that allows NRIs not to disclose their assets overseas.

Apr 26, 2016

Mallya claimed salary, other perks as Rajya Sabha MP

Mallya, whose term as an MP ends in July 2016, claimed constituency allowance, telephone and office expenses regularly.

Apr 22, 2016

Vijay Mallya makes a new settlement offer of Rs. 6,868 crore

Mallya told the Supreme Court Rs. 1,591 crore could be deposited upfront by selling off shares in United Spirits and Airbus.

Apr 22, 2016

Mallya says banks have no right to seek details of his overseas assets

In an affidavit submitted in the Supreme Court, Vijay Mallya said non-resident Indians are not obliged to disclose overseas assets.

Apr 21, 2016

Vijay Mallya issued non-bailable warrant by a Mumbai court

The Enforcement Directorate had sought action against his repeated nonappearance in a money laundering case.

Apr 18, 2016

Vijay Mallya's passport suspended

The Enforcement Directorate recently sought the revocation of Mallya's passport after he failed to appear before the agency thrice.

Apr 15, 2016

ED wants Vijay Mallya's passport annulled

Vijay Mallya did not turn up even after being summoned by the ED three times in the recent past.

Apr 13, 2016

Mallya skips appearance before ED; promises legal help to probe charges

A legal action might follow up as summons can only be issued for a maximum of three times under the Prevention of Money Laundering Act, says source.

Apr 9, 2016

Panama Papers: Finance Minister Arun Jaitley warns illegal account holders

Arun Jaitley said that each account was being analysed and illegal account holders "won't get sleep at night," PTI reported.

Apr 8, 2016

Panama Papers leak reveals Mallya's link to shell company in Virgin Islands

The Supreme Court directed Vijay Mallya Thursday to disclose assets owned by his family and him.

Apr 8, 2016

SC asks Mallya to disclose assets, prove his bona fide

The lenders' consortium has requested his presence in person to negotiate a new repayment package.

Apr 6, 2016

ED scans Mallya's overseas assets, decides to send judicial requests to other countries

Mallya's assets in foreign locations, including South Africa, UK, US, Hong Kong and France, will be considered as a part of the probe.

Apr 4, 2016

Mallya proposes to repay Rs 4,000 crore of his dues

The lender-bank consortium that has accused him of defaulting Rs 6630 crore, will be paid Rs 4,000 crore by Sep. 31, he says.

Mar 30, 2016

Heineken raises stake in India's United Breweries to 43%

Heineken, which bought a 37.5 percent equity stake in United Breweries in 2008, previously owned 42.2 percent of United Breweries.

Mar 24, 2016

Vijay Mallya discredited India's private sector: Arun Jaitley

Arun Jaitley was responding to a question on Vijay Mallya's bank loans of about Rs 9,000 crore.

Mar 22, 2016