
To crack down on such defaulters, the government had brought in a law in 2018 to attach assets of fugitive…
The UB Group chair is accused in a bank loan default case estimated at over Rs 9,000 crore involving his…
The money was part of a $75 million settlement with Diageo Group when Mallya resigned from the chairmanship of United…
Supreme Court on Monday sentenced fugitive businessman Vijay Mallya to a four-month prison term and imposed a fine of Rs…
The apex court had heard senior advocate and amicus curiae Jaideep Gupta on various aspects related to the contempt law…
The judges also noted Gupta’s stand that Mallya has been found guilty of contempt on two counts — for not…
A bench comprising justices U U Lalit, S Ravindra Bhat and P S Narasimha on Wednesday posted the contempt case…
Stressing the necessity of a stringent law to deal with money laundering, Solicitor General Tushar Mehta told a Bench led…
Mallya had also ignored summons to appear in the SC in the case related to recovery of Rs 9,000-crore dues…
The judge also declined permission to appeal against his order or to grant a temporary stay of enforcement, which means…
The 65-year-old businessman, wanted in India on fraud and money laundering charges, remains on bail in the UK
Also, this law provides for the attachment of all the assets of the offenders, irrespective of whether these are the…
During a remote hearing of the Chancery Division, Justice Robert Miles handed down his judgment in favour of a consortium…
Vijay Mallya’s barrister, Philip Marshall, referred to witness statements of retired Indian judges in previous hearings to reiterate that there…
At the end of a half-day hearing, the judge reserved his judgment on the issue of access to court-held funds…
Mallya, meanwhile, remains on bail as the UK Home Office deals with a “confidential” legal issue before UK Home Secretary…
Beleaguered businessman Vijay Mallya may be declared a proclaimed offender if he does not present himself before a PMLA court…
A day after the Enforcement Directorate attached assets worth Rs 1,411 crore of Vijay Mallya and one of his companies,…
“We will not allow a repeat of Kingfisher,” Civil Aviation Minister Ashok Gajapathi Raju said today alluding to the collapse…
An RCN is issued “to seek the location and arrest of wanted persons with a view to extradition or similar…
CBI is looking for tax experts from RBI and other financial institutions to help it in probing high-profile cases including…
The Enforcement Directorate (ED) today attached properties of the liquor baron Vijay Mallya, worth Rs 1,411 crore, in the IDBI…
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Raghuram Rajan being attacked for fighting crony capitalism: Colleague: Coming to the defence of Raghuram Rajan, his Chicago University colleague…
Amul hikes milk prices by up to Rs 2/litre in Delhi, Gujarat: Dairy major Amul said it will increase milk…
With the Vijay Mallya Rs 9,000 cr (about $1.4 bn) saga churning in the news on a daily basis, Rajya…
Beleaguered Vijay Mallya may be a crorepati, but he did not hesitate to claim amounts as little as Rs 20,000…
Ola Shuttle to offer free rides in Delhi-NCR: Facing severe criticism from Delhi government, taxi aggregator Ola today said it…
After sparking a nation-wide furore and in the latest setback for beleaguered business baron Vijay Mallya, the government has suspended…
Tata Steel: Tata group company may sell its UK operations including the Port Talbot plant as earnings turnaround appears difficult…
Hindustan Zinc to pay over Rs 10,000 cr as dividend. Vijay Mallya ups Kingfisher Airlines loan settlement offer to Rs…
Liquor baron Vijay Mallya who is facing charges of money laundering has come out in defence of his son saying…
Kingfisher Airlines Rs 7,000 cr loan: Vijay Mallya offers to pay Rs 4,000 cr in Supreme Court today: Kingfisher Airlines…
Prime Minister Narendra Modi on Monday said the growth in the Indian economy was led by some of the reforms…
In a stern warning to wilful defaulters like Vijay Mallya, Finance Minister Arun Jaitley said they should settle their dues…
“Catching thieves will not harm the country,” noted Industrialist Rahul Bajaj said today batting for action against wilful defaulters amid…
Kingfisher House: In a blow to lenders’ recovery efforts, the auction for Kingfisher House – once headquarters of Vijay Mallya’s…
News that made a buzz in the biz world
Vijay Mallya set to exit United Breweries board? Heineken is likely to ask Vijay Mallya, who owes creditor banks more…
Wilful defaulters list: While Vijay Mallya and Kingfisher Airlines have been much in the news over the last few months…
News that made a buzz in the biz world