Vijay Mallya

Vijay Mallya’s India woes now troubling his US beer firm

Legal proceedings in India against beleaguered businessman Vijay Mallya has now come to haunt his US-based brewery firm, which is banking on USD 1 million bridge loan promised by his holding firm for survival.

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Bank freezes farmer’s accounts for being Vijay Mallya’s ‘guarantor’

Manmohan Singh, a 54-year-old farmer of a nondescript village here, does not even know who Vijay Mallya is, but his banking facilities have been terminated for standing as "guarantor" for the liquor baron

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Vijay Mallya asked to file proper reply on ED’s plea by Delhi court

The court had issued notice to Mallya on ED's plea which claimed that the accused was not joining the probe and the exepmtion granted to him must be recalled.

Vijay Mallya

Vijay Mallya PMLA case: ED to conduct forensic audit

ED may go for a forensic audit of the electronic platforms on which the accounts and transactions of the group companies of liquor baron Vijay Mallya were being conducted in order to take forward its money laundering probe ag

Vijay Mallya

Vijay Mallya case: Banks consortium, ED meet

Captain of the 17 bank consortium, SBI, and the ED today met to thrash out a strategy for recovery of loans worth over Rs 9,000 crore borrowed by liquor baron Vijay Mallya and his now defunct Kingfisher Airlines...

Vijay Mallya

Vijay Mallya must pay in full, says Punjab National Bank chief

Dismissing Vijay Mallya's offer of part payment of bank loans, Punjab National Bank (PNB) today said he must pay the full amount and settle the dues.

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United Breweries withholds dividend payment to Vijay Mallya

Liquor firm United Breweries Ltd has withheld dividends payable to its beleaguered Chairman Vijay Mallya for the financial year 2015-16 following the directions of Debt Recovery Tribunal.

DRT directs J P Morgan Bank not to disburse $ 40 mn to Vijay Mallya

In another blow to beleaguered businessman Vijay Mallya, the Debt Recovery Tribunal (DRT) today directed New-York based J P Morgan Bank rpt J P Morgan Bank not to disburse to him $ 40 million of the $ 75 million sweetheart de

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Agencies will make every endeavour to bring back Vijay Mallya: FM Arun Jaitley

With the UK declining to deport owner of defunct Kingfisher Airlines Vijay Mallya, Finance Minister Arun Jaitley today said investigative agencies will make every endeavour to bring him back to face law.

L’affaire Vijay Mallya: More banks get ED call for financial details

Expanding its money laundering probe into L'affaire Mallya, the Enforcement Directorate has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the long-groun

kingfisher

In bad times, Vijay Mallya’s luxury jet awaits a buyer!

Waiting to be auctioned off by tax authorities for recovery of their dues, the erstwhile 'King of Good Times' Vijay Mallya's private luxury jet is reminiscent of his high-flying days.

Vijay Mallya - loan fraud case

Vijay Mallya’s Goa villa has now only SBI-hired ‘bouncers’

The cooks, gardeners, security staff, drivers and caretakers of the Kingfisher Villa hurried away, avoiding any contact with either the curious onlookers or the media.

Lenders begin process to take over Kingfisher Villa

Lenders to the grounded Kingfisher Airlines today started the process to take physical possession of Kingfisher Villa, which was pledged by beleaguered businessman Vijay Mallya to the bankers as collateral for over Rs 7,800-c

kingfisher airlines

CPI says BJP elected Vijay Mallya to Rajya Sabha, asks it to apologise

CPI today demanded apology from BJP for "having had elected" Vijay Mallya to Rajya Sabha and asked if Prime Minister Narendra Modi will react over the episode involving the businessman who is accused of not paying the debts t

VIJAY MALLYA

Vijay Mallya’s Kingfisher Villa: Lenders seek police help for possession

Senior bankers told FE that with several guards, some of them armed, keeping a watch, it might not be possible to take over the property without support from the police.

Diageo Plc submits details of its agreement with Vijay Mallya to DRT

On April 29, the DRT had pulled up Diageo for the delay in furnishing the details of its agreement with Vijay Mallya

Diageo submits exit deal with Mallya to debt tribunal

British liquor major Diageo Plc on Thursday submitted a copy of its agreement with liquor baron Vijay Mallya to the Debt Recovery Tribunal here, as directed by its presiding officer Justice C.R. Benakanahalli on April 29.

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File charge sheet against Vijay Mallya within 30 days: Congress to govt

Amid the UK declining India's request to deport Vijay Mallya, Congress today demanded that the government file charge sheet against the liquor baron within 30 days if it was serious about bringing him back.

India seeks Interpol arrest warrant against Vijay Mallya

India has approached Interpol for issuance of an arrest warrant against liquor baron Vijay Mallya in connection with a money laundering case being probed by the ED.

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MEA awaiting ED’s advice on next action against Vijay Mallya

External Affairs Ministry today said it was awaiting Enforcement Directorate's "advice" on the next steps to be taken to get back Vijay Mallya from the UK, which has refused to deport the liquor baron charged with money laund

Vijay Mallya

Loan defaulters must not be judged by their lifestyle: CII President

As banks continue with their efforts to recover dues worth over Rs 9,000 crore from beleaguered businessman Vijay Mallya, industry body CII's President Naushad Forbes today said loan defaulters should not judged on "moral per

vijay mallya

ED seeks Interpol arrest warrant against Vijay Mallya

Officials said the Enforcement Directorate (ED) has written to CBI to obtain a Red Corder Notice (RCN) against Mallya from the global police body.

vijay mallya

Vijay Mallya’s jet auction: Service tax department buys time to address queries

The luxury airbus was to be auctioned on May 12 to recover part of alleged service tax dues of over Rs 800 crore of defunct Kingfisher Airlines.

Vijay Mallya

North Goa collector allows banks to take over Vijay Mallya’s Kingfisher Villa

In a major setback to liquor baron Vijay Mallya, revenue officials in Goa today allowed the lenders to Kingfisher Airlines to take physical possession of 'Kingfisher Villa' in Candolim.

Vijay Mallya, Kingfisher Airlines, Kingfisher Villa, Candolim

Auction of Vijay Mallya’s private jet deferred to June 29-30

Service Tax Department has deferred the auction of liquor baron Vijay Mallya's private jet to recover Rs 535-crore dues to June 29-30, after just one potential bidder showed interest, an official said.

vijay mallya

Vijay Mallya PMLA case: ED to attach India assets worth Rs 9,000 crore

The ED is mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by liquor baron Vijay Mallya in connection with its money laundering probe against him and others in the IDBI bank loan fraud case.

vijay mallya

UK refuses to deport Vijay Mallya in money laundering case; what options banks have now to settle debt

Britain has told India that it cannot deport Vijay Mallya, who is facing money laundering charges in the country, but could consider an extradition request for him.

vijay mallya
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