January 17, 2020 9:52 am
Mallya bought ‘Le Grand Jardin’ through his company Gizmo Invest SA in 2008 using a 27-million euro ($30 million) loan facility from Ansbacher & Co., a unit of Qatar National Bank SAQ. Gizmo has since defaulted on the loan
January 07, 2020 4:41 am
The clarification came after Solicitor General Tushar Mehta told the apex court that the insolvency proceedings initiated by SBI against Vijay Mallya in a UK court are pending.
January 06, 2020 1:21 pm
A bench headed by Chief Justice S A Bobde passed the order after the Centre told the top court that Mallya had asked the London court to not take up the matter because the matter is pending before the Indian Supreme Court.
December 11, 2019 1:58 pm
Vijay Mallya was arrested in London in April 2017 after 17 banks accused him of willfully defaulting on more than $1.3 billion in debt accumulated by Kingfisher Airlines, which shut down in 2012.
August 07, 2019 10:24 pm
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.
August 01, 2019 8:09 am
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.
July 29, 2019 7:49 pm
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.
July 29, 2019 11:55 am
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.
July 29, 2019 6:39 am
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”.
July 22, 2019 11:13 pm
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.
December 25, 2018 7:31 am
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
June 06, 2017 9:49 am
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.
March 11, 2016 11:26 am
September 14, 2018 3:20 pm
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.
September 13, 2018 1:58 pm
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.
September 13, 2018 10:36 am
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”.
June 14, 2017 7:38 pm
February 09, 2017 6:48 pm
January 30, 2017 5:41 pm
December 09, 2016 6:50 pm
June 10, 2016 11:56 am
April 19, 2016 11:02 am
March 10, 2016 6:31 pm
Farhan Akhtar, Tabu and others visit Shabana Azmi at Kokilaben Dhirubhai Ambani Hospital
Kangana Ranaut, Sara Ali Khan, Shraddha Kapoor: Fashion hits and misses (Jan 12 -Jan 18)