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.
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
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
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...
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
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.
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
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
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
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.
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.
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
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
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.
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.