Vijay Mallya

Vijay Mallya News

Vijay Mallya makes another offer of 100 per cent loan payback

In the wake of the death of Cafe Coffee Day founder V G Siddhartha, Sitharaman made the statement while responding to the debate on the amendments to the Insolvency and Bankruptcy Code (IBC) in the Lok Sabha last Thursday.

CCD owner's death: Kiran Shaw slams PE firm, Mahindra says business failure need not destroy self-esteem

Reacting to the demise of VG Siddhartha, Biocon MD Kiran Mazumdar Shaw said that it is a "shocking and sad end" to a quiet n unassuming pioneer who started the coffee cafes business ahead of Starbucks in India.

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ED unearths new shell firms linked to Vijay Mallya; raids his close aide

The federal agency last week conducted its first-ever raid operation, under the newly enacted Fugitive Economic Offender (FEO) law, against Bengaluru-based V Shashikant and his family after it has obtained some inputs on these purported dubious financial transactions.

SC to hear Vijay Mallya's plea challenging confiscation of properties on Friday

Mallya, who is currently in the UK, has been charged by the Enforcement Directorate (ED) of defaulting on bank loans to the tune of Rs 9,000 crore. He is also facing an extradition trial in the UK.

Ex-aide under probe for routing funds via overseas firm to Vijay Mallya

A complaint filed by a whistleblower alleged that Ultimate Branding is getting commission from UBL for “getting business” and also “getting significant margins in USD in trading of Kingfisher beer in international markets via front companies”.

Indian banks win UK court order to seek details of Mallya's asset ownership

Justice Robin Knowles ruled that he was satisfied that a consortium of Indian banks, led by SBI, have a right to the documents they are seeking to establish the true ownership of the assets they believe are linked with the Mallya.

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Mallya's UK High Court extradition appeal to be heard in February 2020

The liquor tycoon remains on bail on an extradition warrant executed by Scotland Yard in April 2017, involving a bail bond worth GBP 650,000 and other restrictions on his travel.

'For all those of you losers who call me CHOR...': Vijay Mallya's response to trolls after pic of him with Gayle goes viral

The Caribbean star appears to have bumped into Mallya during the Formula One qualifying session at the Silverstone Grand Prix and now his photo has got everyone talking online. With memes and sarcastic jokes, people are now taking a jibe at Mallya.

Bombay High Court gives no relief to Vijay Mallya

His petition challenging the constitutional validity of FEO is pending before the HC.

Bombay HC dismisses Vijay Mallya's plea seeking protection from sale of assets

Earlier this year, Vijay Mallya had told the Bombay High Court that by declaring him a fugitive economic offender and allowing attachment of his assets, a special court had awarded him an “economic death penalty”.

Vijay Mallya Photos

Nirav Modi, Priya Varrier, Indu Malhotra, Navjot Singh Sidhu: Newsmakers of 2018

From Urjit Patel's resignation to the demise of former PM Atal Bihari Vajpayee, 2018 has been an eventful year. Here is a recap of the year in photographs

Virat Kohli hosts charity ball in London; Sachin Tendulkar, MS Dhoni, Anil Kumble, Vijay Mallya attend; see inside pics

Virat Kohli hosted a charity ball in London and it was attended by the likes of Sachin Tendulkar, Yuvraj Singh, Rohit Sharma, Shikhar Dhawan, MS Dhoni, Anil Kumble and many more.

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Vijay Mallya Videos

Express Eye for Detail Ep 5: Political war over Vijay Mallya, Kerala nun rape case and rising fuel prices

Why are the Congress and the BJP fighting over Vijay Mallya? Is the Kerala nun's rape case the biggest blot on the church in India? And what did a Bharat bandh this week really achieve? Arun George answers the big questions of the week.

Fugitive businessman Vijay Mallya owes India Rs 9,000-crore: News in numbers

Fugitive liquor baron Vijay Mallya, who has been in the UK for two years now, is accused of fraud and money laundering worth Rs 9,000 crore. Find more in today's news in numbers.

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Mallya claims he met Jaitley and offered to settle debt

Triggering a political firestorm in India, fugitive businessman Vijay Mallya said in London Wednesday that he had “met the Finance Minister” before leaving India in 2016 and “repeated my offer to settle with the banks”.

ED Files First Charge Sheet Against Vijay Mallya

    The Enforcement Directorate on Wednesday filed its first chargesheet against liquor baron Vijay Mallya and others in connection with its money laundering probe in the IDBI-KFA bank loan case. The 57-page chargesheet, with voluminous annexures, was filed under various sections of the Prevention of Money Laundering Act before a special anti-money laundering court. […]

Trouble For Liquor Baron Vijay Mallya, External Affairs Ministry Sends Extradition Request To UK

The Ministry of External Affairs said India has handed over liquor baron Vijay Mallya’s extradition request as received from CBI to the United Kingdom High Commission. In a statement to the media, MEA spokesperson Vikas Swarup said and I quote: Have extradition treaty with Britain and legitimate case against Mallya. We made a request, but […]

Liquor Baron Vijay Mallya's Emails Under Scanner: Here's Why

Investigative agencies are trawling through 1.5 lakh emails of Vijay Mallya to gather possible evidence of any “undue favours” that may have been given to his firm. These emails, which Mallya sent to senior company officials, political leaders and bankers, may form a part of the CBI’s chargesheet — which is expected in the next […]

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After Congress Vice President Rahul Gandhi, Liquor Baron Vijay Mallya's Twitter Account Hacked

Legion, the group that hacked Rahul Gandhi and Indian National Congress Twitter handles, now seems to have hit industrialist Vijay Mallya (@TheVijayMallya) who has been staying away from India after running into financial issues. The hackers have tweeted out his address and phone number from the handle as well as what they claim are his […]

Govt Working On Mallya's Extradition, Says Jayant Sinha

Minister of State for Finance Jayant Sinha said that the government is working on the extradition of liquor baron Vijay Mallya from Britain, who is on a run after allegedly owing more than Rs 9,000 crores to the banks. Sinha added that they have filed for extradition and it is lengthy legal process that has […]

What Does Issuing Of Non-Bailable Warrant Against Vijay Mallya Mean?

A special PMLA Court on Monday issued non-bailable warrant against Kingfisher Airlines owner Vijay Mallya. The court also rejected the plea by Kingfisher Airlines challenging Enforcement Directorate’s claim that Rs 430 crore was siphoned off by Mallya for acquiring properties abroad. The Kingfisher Airlines had moved an application in the special PMLA court in Mumbai […]

Keystrokes: Vijay Mallya

THE Supreme Court Wednesday questioned public sector banks (PSBs) over advancing loans to Vijay Mallya, the founder-owner of Kingfisher Airlines, and his companies without securing enough assets in guarantee. It also issued a notice to Mallya who flew out of India on March 2, the day the banks sought the impounding of his passport as […]

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