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