Vijay Mallya: News
27 Apr 2018
LondonJail or freedom? Vijay Mallya's extradition fate nearing decision
Flamboyant businessman Vijay Mallya's extradition hearing in London court is nearing its end, Hindustan Times reported.
25 Apr 2018
Enforcement Directorate (ED)Under new-law, Mallya, Modi, Choksi's assets might be seized soon
The recent Fugitive Economic Offenders Ordinance has given new teeth to the Enforcement Directorate (ED), which has moved swiftly to seize assets of Vijay Mallya, Nirav Modi and Mehul Choksi.
21 Apr 2018
Union CabinetGovt. can confiscate absconding economic offenders' assets without conviction
In a bid to put pressure on economic fugitives and confiscate their properties, the Union Cabinet today approved a proposal to promulgate the Fugitive Economic Offenders Ordinance 2018.
07 Apr 2018
BengaluruBengaluru: Two apartments in Kingfisher Towers sold for Rs. 35crore
Two luxury apartments in the posh Kingfisher Towers at UB City in Bengaluru were resold at Rs. 35 crore each, making it the most expensive deal in the city despite the damp mood of the real estate industry.
28 Mar 2018
State Bank of India (SBI)Fugitive Vijay Mallya to marry this former Kingfisher air-hostess
Debt-ridden businessman and liquor baron Vijay Mallya, who owes over Rs. 9,800cr to Indian banks and faces legal trouble over unpaid dues and money-laundering, is reportedly going to marry for the third time.
27 Mar 2018
DelhiDelhi court orders attachment of Mallya's properties in PMLA case
A Delhi court on Tuesday ordered attachment of properties of business tycoon and liquor baron Vijay Mallya, who was declared a proclaimed offender for evading summons in a money laundering case related to FERA violation.
15 Mar 2018
Venkaiah NaiduParliament must debate bank frauds issue, says Venkaiah Naidu
Vice President Venkaiah Naidu Thursday said Parliament should debate the serious issue of alleged PNB bank fraud by Nirav Modi and others that have damaged the country's image and led people to question the entire banking system.
08 Mar 2018
WorldMalta: Authorities seize Mallya's abandoned luxury yacht over unpaid wages
Absconding liquor baron Vijay Mallya's super luxury yacht has been seized by authorities in Malta over unpaid wages amounting to $1 million to its crew, including some Indians, according to an international traders' union.
27 Feb 2018
IndiaForce India set to change their name before 2018 season
Force India unveiled their car for the 2018 Formula One (F1) season in Barcelona on Monday.
23 Feb 2018
IndiaOver 9,000 willful defaulters owe Rs. 1.1-lakh-crore to Indian banks
The Rs. 11,400cr PNB fraud has once again highlighted the growing problem of bad loans in India's banking sector.
22 Feb 2018
Indian Premier League (IPL)RCB cuts ties with Kingfisher, signs Dura Cements
IPL franchise Royal Challengers Bangalore have decided to cut all ties with Vijay Mallya's Kingfisher, thereby ending an association of 10 years.
14 Feb 2018
India'Debt-ridden' Vijay Mallya allowed to spend Rs. 16L a week
Vijay Mallya owes Rs. 9,800cr to Indian banks. Another Rs. 577cr was just added to his debts after Kingfisher Airlines lost a case against Singapore's BOC Aviation.
04 Jan 2018
IndiaVijay Mallya declared 'proclaimed offender' in Kingfisher promotion case
A Delhi court has declared liquor baron Vijay Mallya a proclaimed offender for violation of Foreign Exchange Regulation Act (FERA) norms.
27 Dec 2017
DelhiDawood Ibrahim's D-Company once again targets Chhota Rajan in Tihar
Dawood Ibrahim's D-Company is trying to get rid of Chhota Rajan even while he's in prison.
04 Dec 2017
IndiaIn this English village, 'criminal' Vijay Mallya is an 'asset'
Vijay Mallya might be a wanted criminal in India, but apparently in the little village of Tewin, England, he is an "asset".
04 Dec 2017
IndiaAs extradition hearing begins, Vijay Mallya insists charges "false, baseless"
The extradition hearing of Vijay Mallya began today at London's Westminster Magistrate's Court.
27 Nov 2017
IndiaMumbai's Arthur Road Jail to become Vijay Mallya's new home?
The Arthur Road Jail in Mumbai will be liquor baron, Vijay Mallya's new home if he is extradited to India from UK to face the law regarding Rs. 9,000 crore loan default cases.
20 Nov 2017
LondonPMLA case: Vijay Mallya appears for pre-trial extradition hearing
Businessman Vijay Mallya arrived at London's Westminster Magistrates' Court for his pre-trial extradition hearing.
18 Nov 2017
LondonDiageo sues Mallya over $40 million payout
Just weeks before a scheduled London extradition hearing, Indian tycoon Vijay Mallya has been slapped with more legal charges, this time by alcoholic beverages multinational Diageo.
06 Nov 2017
IndiaParadise Papers: SEBI to probe Indian entities named
Officials of the Securities and Exchange Board of India (SEBI), the market regulator in the country, have taken cognizance of the Paradise Papers leak and the Indians named in them.
06 Nov 2017
IndiaParadise Papers leak reveals how 714 Indians stashed money abroad
At least 714 Indians have been named in the Paradise Papers, a cache of 13.4 million documents that constitute the biggest-ever leak of financial data.
05 Nov 2017
IndiaUK turns down two extradition requests by India
In recent weeks, UK has rejected two extradition requests by India. The decision came from London's Westminster Magistrates' Court, the same court that is hearing the Vijay Mallya case.
18 Sep 2017
IndiaVijay Mallya finally faces government ire: Rs. 100-crore shares transferred
Vijay Mallya, chairman of the now-defunct Kingfisher Airlines Ltd, is finally facing the ire of the enforcement directorate (ED) as his assets begin to be confiscated.
04 Aug 2017
KarnatakaTrial run complete, Bengaluru roads to have smart parking
With the intent of regularizing parking, BBMP will soon launch automated parking facility on central business district after its trial run was successfully completed.
31 Jul 2017
IndiaED attaches properties worth about Rs. 12,000 crore
The Enforcement Directorate (ED), which enforces the Prevention of Money Laundering Act (PMLA), has provisionally attached properties worth Rs. 11,032.27 crore in the last 15 months which are believed to be the proceeds of laundered money.
11 Jun 2017
ICC Champions TrophyVijay Mallya at The Oval: Booed with "chor, chor" chants
Loan defaulter and former business tycoon Vijay Mallya was booed by Indian fans at The Oval during the India-South Africa Champions Trophy match.
06 Jun 2017
IndiaDefiant Mallya says he intends to watch all ICC matches
While the presence of absconder Vijay Mallya at the ICC Champions Trophy match created quite a stir in the media and social media, Mallya was unfazed.
19 Apr 2017
IndiaBritish Court frees Mallya on strict terms; cannot leave UK
Following his arrest on Tuesday morning, an English Court proceeded to grant bail to Indian liquor tycoon Vijay Mallya, albeit on strict conditions.
03 Apr 2017
IndiaGST tightens its noose over tax evaders in India
Under the new GST regime, tax evasion of over Rs. 5 crore is a non-bailable offence and police can nab the culprits without a warrant.
03 Mar 2017
KarnatakaProtests against dubbed movies spread in Karnataka
On Friday, Karnataka witnessed protests against the screening of 'Sathyadev IPS', the Kannada dubbed version of Ajith's Tamil movie 'Yennai Arindhaal.'
02 Mar 2017
DNABengaluru steel flyover project to be scrapped, residents rejoice
The Karnataka government on Thursday scrapped the controversial steel flyover project that was to be constructed in Bengaluru.
01 Feb 2017
IndiaMumbai hospitals under the scanner for overcharging
Lilavati Hospital, Asian Heart Institute, Kokilaben Dhirubhai Ambani Hospital, Fortis Hospital, Global Hospitals, Hiranandani Hospital and HN Reliance Foundation were found selling packaged commodities at prices far above the MRP.
28 Jan 2017
MumbaiIDBI Bank flouted norms to offer Mallya Rs 950-crore loan
Vijay Mallya's KFA was reportedly Rs 6,000 crore in debt when it approached IDBI bank, with un-repaid credits of IDBI itself. The first loan of Rs 150 crore was sanctioned within a week.
21 Nov 2016
MumbaiKarnataka High Court directs closure of Kingfisher Airlines
After mounting debts and losses, India's Kingfisher Airlines was asked to wind up in an order issued by the Karnataka High Court.
15 Nov 2016
MumbaiHow is Mumbai's mood on 15th Nov?
Rahul Gandhi is likely to appear in Bhiwandi court in a defamation case filed against him by an RSS worker.
11 Nov 2016
RenaultEsteban Ocon to join Sergio Perez for Force India
20-year old French racing driver Esteban Ocon has replaced Nico Hulkenberg to become a part of Sahara Force India.
07 Nov 2016
IndiaSBI: Vindhyavasini Group's default payments cross Rs.1,000 crore
India's largest public-sector bank, SBI, revealed that Mumbai-based Vindhyavasini Group has defaulted in payments of over Rs.1,000 crore to the bank.
