Vijay Mallya

SC sends notice to Mallya on false asset disclosure, seeks reply on contempt of court plea

Mallya has not complied fully with the court's orders and hid some details about his assets, says the Attorney General of India.

Jul 25, 2016

Fresh troubles emerge for Vijay Mallya

United Spirits Ltd said inquiry against Mallya reveals fund diversion to the tune of Rs. 1,225 crore.

Jul 10, 2016

Mallya appears at Formula 1 event, says he feels 'good and fit'

Vijay Mallya said Force India was aiming for the number fourth spot this season.

Jul 9, 2016

Kingfisher and UB Group chairman Vijay Mallya

Kingfisher Airlines' financial details lost without backup

The financial data is a crucial link in the alleged fraud in transfer of funds and other nonpayment of dues by the Airlines.

Jul 4, 2016

SBI to Govt Panel: ready for a one-time settlement with Vijay Mallya

The bank was ready for a haircut with some existing bad loans and it is not insisting on payment of interest upon interest, says a report

Jul 4, 2016

Vijay Mallya at book launch in London attended by Indian envoy

Seth clarified that the event was an open one and Mallya just walked in. He was not invited to the program.

Jun 18, 2016

Vijay Mallya row: SBI, other banks deny Standard Chartered's allegations of collusion, says report

During a hearing in the debt recovery court, Standard Chartered Bank alleged SBI and other banks "colluded" with Vijay Mallya.

Jun 16, 2016

Vijay Mallya ready to return to India if assured of his safety, freedom

Mallya, whose company owes banks about Rs. 9,000 crore, has the support of United Breweries Ltd. board, the Economic Times reported.

May 16, 2016

Ask Interpol to issue red corner notice against Vijay Mallya, ED tells CBI

The ED is also considering attaching his domestic assets and shares worth Rs. 9,000 crore in connection with the money-laundering case.

May 12, 2016

Banks uncertain about further negotiations with Mallya

Bankers want Mallya to disclose his assets under oath since they are unsure about the reliability of the offer made, the Economic Times reported.

May 11, 2016

Cannot deport Vijay Mallya over invalid passport, says UK

Finance Minister Arun Jaitely said India will try to bring the liquor baron back through extradition from Britain.

May 11, 2016

MCFL shares fall on suspicion of 'irregularities and mismanagement' in investment

Mangalore Chemicals & Fertilizers Ltd., (MCFL), co-promoted by Vijay Mallya's UB Group, is now facing wider probe by Indian agencies.

May 9, 2016

Kingfisher Case: A timeline of events since Vijay Mallya's departure

Vijay Mallya-owned Kingfisher Airlines defaulted more than Rs. 7,000 crore to Indian banks sparking off a keenly watched high-profile corporate drama over two months.

May 7, 2016

India eyes cleanup of bad debt mountain as wary state banks hesitate

India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors.

May 5, 2016

Rajya Sabha's ethics panel proposes to expel Vijay Mallya

Given the gravity of the misconduct, a sanction not less than termination of membership from the House is warranted, the Ethics Committee of the Rajya Sabha noted.

May 4, 2016

State-run banks hit by willful defaulters

The debt owed by willful defaulters rose 138 percent in three years to Rs. 66,190 crore (about $10 billion) by December 2015.

May 3, 2016

Vijay Mallya resigns from Rajya Sabha

The Parliamentary Ethics Committee was scheduled to meet Tuesday and was likely to expel the MP from the upper house.

May 2, 2016

Kingfisher Airlines' brand, trademarks find no takers: Report

The company's logo and trademarks, including the popular tagline "Fly the Good Times," were all up for grabs.

Apr 30, 2016

Vijay Mallya says he is in forced exile, has no plans to leave UK: Financial Times

In the interview, Mallya also denied allegations of syphoning off crores of rupees from IDBI bank and laundering it overseas.

Apr 29, 2016

Government seeking Vijay Mallya's deportation

The Enforcement Directorate will request the Interpol's National Central Bureau to issue a red corner notice against Mallya.

Apr 28, 2016

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