Vijay Mallya

Vijay Mallya News

Fugitive economic offenders defaulted on Rs 37,186-crore loan repayment: Finance Ministry

To crack down on such defaulters, the government had brought in a law in 2018 to attach assets of fugitive…

December 21, 2022 00:15 IST

I am naturally disappointed, says Vijay Mallya on Supreme Court verdict

The UB Group chair is accused in a bank loan default case estimated at over Rs 9,000 crore involving his…

July 12, 2022 09:05 IST

Contempt of court: SC awards 4-month jail to Mallya, asks govt to bring him to undergo punishment

The money was part of a $75 million settlement with Diageo Group when Mallya resigned from the chairmanship of United…

July 12, 2022 02:45 IST

Contempt case: Supreme Court order on quantum of sentence to Vijay Mallya on July 11

Vijay Mallya sentenced to four months in jail, fined Rs 2,000 for contempt of court

Supreme Court on Monday sentenced fugitive businessman Vijay Mallya to a four-month prison term and imposed a fine of Rs…

Updated: July 11, 2022 13:03 IST

Contempt case: Supreme Court order on quantum of sentence to Vijay Mallya on July 11

The apex court had heard senior advocate and amicus curiae Jaideep Gupta on various aspects related to the contempt law…

July 9, 2022 21:57 IST

Supreme Court reserves its order on Vijay Mallya’s punishment

The judges also noted Gupta’s stand that Mallya has been found guilty of contempt on two counts — for not…

March 11, 2022 00:26 IST

SC adjourns hearing on contempt case against Vijay Mallya

A bench comprising justices U U Lalit, S Ravindra Bhat and P S Narasimha on Wednesday posted the contempt case…

March 9, 2022 12:36 IST

Govt to Supreme Court: Rs 18,000 crore returned to banks in cases related to Vijay Mallya, Nirav Modi & Mehul Choksi

Stressing the necessity of a stringent law to deal with money laundering, Solicitor General Tushar Mehta told a Bench led…

February 24, 2022 03:15 IST

Supreme Court gives Vijay Mallya last chance to appear before it; next hearing on Feb 24

Mallya had also ignored summons to appear in the SC in the case related to recovery of Rs 9,000-crore dues…

February 11, 2022 05:00 IST

Fenner Moeran QC made it clear that UBS intends to proceed with the enforcement order without delay. (IE)

Vijay Mallya can be evicted from London home over unpaid loan, UK court orders

The judge also declined permission to appeal against his order or to grant a temporary stay of enforcement, which means…

January 18, 2022 22:28 IST

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UK High Court declares Vijay Mallya bankrupt for Indian banks to realise debt

The 65-year-old businessman, wanted in India on fraud and money laundering charges, remains on bail in the UK

July 26, 2021 22:36 IST

A substantial part of the assets in question was held in the name of dummy entities, trusts, third persons or relatives of these accused and these entities were their proxies for holding the properties.

Vijay Mallya & PNB cases: ED transfers Rs 9,371-crore assets to banks, govt

Also, this law provides for the attachment of all the assets of the offenders, irrespective of whether these are the…

June 24, 2021 05:45 IST

Vijay Mallya loses UK appeal for more funds to cover Indian legal fees

During a remote hearing of the Chancery Division, Justice Robert Miles handed down his judgment in favour of a consortium…

May 26, 2021 21:01 IST

The court added that, obviously, it will take time to submit such an undertaking, and in the meantime, the aggrieved party may challenge the said order, and, therefore, there is no need to stay the order.

Consortium of Indian banks led by SBI back in UK court to pursue Vijay Mallya bankruptcy order

Vijay Mallya’s barrister, Philip Marshall, referred to witness statements of retired Indian judges in previous hearings to reiterate that there…

April 23, 2021 21:47 IST

Vijay Mallya applies for ‘another route’ to stay in UK, says his lawyer

At the end of a half-day hearing, the judge reserved his judgment on the issue of access to court-held funds…

January 23, 2021 15:10 IST

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Indian banks pursue UK bankruptcy order against Vijay Mallya

Mallya, meanwhile, remains on bail as the UK Home Office deals with a “confidential” legal issue before UK Home Secretary…

December 20, 2020 14:16 IST

Vijay Mallya to be declared PO if he doesn’t turn up by July 27

Beleaguered businessman Vijay Mallya may be declared a proclaimed offender if he does not present himself before a PMLA court…

June 28, 2016 20:32 IST

No legal basis for ED action, says Vijay Mallya

A day after the Enforcement Directorate attached assets worth Rs 1,411 crore of Vijay Mallya and one of his companies,…

Updated: June 13, 2016 09:44 IST

Govt will not allow a repeat of Kingfisher: Ashok Gajapati Raju

“We will not allow a repeat of Kingfisher,” Civil Aviation Minister Ashok Gajapathi Raju said today alluding to the collapse…

June 12, 2016 15:27 IST

Vijay Mallya PMLA case: ED replies to Interpol

An RCN is issued “to seek the location and arrest of wanted persons with a view to extradition or similar…

June 12, 2016 15:15 IST

CBI to hire tax experts from RBI, other financial institutions

CBI is looking for tax experts from RBI and other financial institutions to help it in probing high-profile cases including…

June 12, 2016 11:47 IST

Vijay Mallya, Vijay Mallya news, Vijay Mallya net worth, Vijay Mallya loan, Enforcement Directorate, Money Laundering Act, Jatin Mehta, bank loans.

ED attaches Vijay Mallya’s properties worth Rs 1,411 cr in IDBI loan default case

The Enforcement Directorate (ED) today attached properties of the liquor baron Vijay Mallya, worth Rs 1,411 crore, in the IDBI…

Updated: June 11, 2016 19:21 IST

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Top 10 business news today: From attack on Raghuram Rajan, Ramdev on black money, to Apple’s iPhone wish list and more

Raghuram Rajan being attacked for fighting crony capitalism: Colleague: Coming to the defence of Raghuram Rajan, his Chicago University colleague…

June 13, 2016 11:49 IST

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Top 10 business news today: Amul hikes milk prices, bad news for ecommerce, Pakistan misses key economic target, more

Amul hikes milk prices by up to Rs 2/litre in Delhi, Gujarat: Dairy major Amul said it will increase milk…

June 3, 2016 12:38 IST

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Bankruptcy Bill passed: Top 5 key takeaways

With the Vijay Mallya Rs 9,000 cr (about $1.4 bn) saga churning in the news on a daily basis, Rajya…

May 12, 2016 14:51 IST

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Crorepati Vijay Mallya pocketed salary, perks as Rajya Sabha MP, some as small as Rs 6,000

Beleaguered Vijay Mallya may be a crorepati, but he did not hesitate to claim amounts as little as Rs 20,000…

April 22, 2016 17:05 IST

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Top 10 business news today: Ola Shuttle free rides in Delhi, Vijay Mallya convicted, Ramdev toothpaste row, Gatiman Express, LeEco driverless e-supercar, more

Ola Shuttle to offer free rides in Delhi-NCR: Facing severe criticism from Delhi government, taxi aggregator Ola today said it…

April 21, 2016 19:21 IST

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Top 10 business news today: Anand Mahindra on ‘unicorns, cockroaches’, Lucknow Metro accident, Vijay Mallya salary, Baba Ramdev, worst job in the world, more

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April 18, 2016 13:36 IST

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Vijay Mallya case: From arrest demand to suspension of passport, all you want to know

After sparking a nation-wide furore and in the latest setback for beleaguered business baron Vijay Mallya, the government has suspended…

April 15, 2016 20:07 IST

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Top 10 business news today: From Vijay Mallya assets, Raghuram Rajan on illegitimate wealth, HP Spectre – world’s thinnest notebook, more

April 8, 2016 11:37 IST

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Top 10 business news today: From Tata Steel, Narendra Modi Saudi visit to Mahindra NuvoSport, more

Tata Steel: Tata group company may sell its UK operations including the Port Talbot plant as earnings turnaround appears difficult…

April 4, 2016 12:33 IST

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Top 10 Business News: Tata Steel, Vijay Mallya, Brigade Group, BSE IPO, Jeweller’s strike, more

Hindustan Zinc to pay over Rs 10,000 cr as dividend. Vijay Mallya ups Kingfisher Airlines loan settlement offer to Rs…

March 31, 2016 10:22 IST

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Vijay Mallya takes to Twitter to slam those targetting son Siddharth

Liquor baron Vijay Mallya who is facing charges of money laundering has come out in defence of his son saying…

March 30, 2016 23:29 IST

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Kingfisher Airlines Rs 7,000 cr loan: Vijay Mallya offers to pay Rs 4,000 cr in Supreme Court today

Kingfisher Airlines Rs 7,000 cr loan: Vijay Mallya offers to pay Rs 4,000 cr in Supreme Court today: Kingfisher Airlines…

March 30, 2016 13:54 IST

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Top 10 business news today: Arun Jaitley warns Vijay Mallya over debt recovery, Tata Sons to hike AirAsia India stake, Xiaomi Mi 5 to be launched soon, Tata tiago, more

Prime Minister Narendra Modi on Monday said the growth in the Indian economy was led by some of the reforms…

March 29, 2016 11:16 IST

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Arun Jaitley to Vjay Mallya: Pay dues to banks or face coercive action

In a stern warning to wilful defaulters like Vijay Mallya, Finance Minister Arun Jaitley said they should settle their dues…

March 29, 2016 10:45 IST

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Rahul Bajaj attacks Vijay Mallya, says catching thieves won’t harm the country

“Catching thieves will not harm the country,” noted Industrialist Rahul Bajaj said today batting for action against wilful defaulters amid…

March 18, 2016 13:27 IST

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Kingfisher House: Auction of Vijay Mallya’s house turns into no-show, scripts damp squib for lenders

Kingfisher House: In a blow to lenders’ recovery efforts, the auction for Kingfisher House – once headquarters of Vijay Mallya’s…

March 18, 2016 10:48 IST

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Top 10 business news: From Vijay Mallya’s Kingfisher House and DLF sale to Indian Railways

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March 18, 2016 10:26 IST

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Vijay Mallya set to exit United Breweries board?

Vijay Mallya set to exit United Breweries board? Heineken is likely to ask Vijay Mallya, who owes creditor banks more…

March 17, 2016 23:00 IST

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Wilful Defaulters List: From Vijay Mallya, Venkattram Reddy to Nitin Kasliwal, all you ever wanted to know

Wilful defaulters list: While Vijay Mallya and Kingfisher Airlines have been much in the news over the last few months…

March 17, 2016 16:21 IST

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Top 10 business news today: From Vijay Mallya and Inflation to Wipro

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March 15, 2016 09:27 IST

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