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10 financial scams that shook India: A dive into deception
From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…
UK court allows Indian banks to collect claims worth $1.55 billion from tycoon Vijay Mallya
The prosecution, which was representing the banks, successfully argued that Mallya “willfully …
Lost hopes! SBI expects to recover only part of Kingfisher loans
"There are no takers for the Kingfisher Airlines brands which are valued (at) Rs 7-315 crore." a se…
Banks see another Vijay Mallya in Alok Industries, look to recover Rs 20,000 crore
The banks in India are looking to trace the use of loans. A forensic audit of Alok Industries will …
Vijay Mallya makes another attempt, this time he is offering Rs 6,000-crore settlement
Mallya is now offering to make Rs 6,000 crore settlement offer to banks, which are looking to recov…
Vijay Mallya to disclose assets, fly back to India as banks reject settlement offer
Not only this, the apex court has also sought reply on when Mallya would appear personally in the c…
To recover dues, Kingfisher Airlines’ logo will also go under hammer
“This is part of the 'sale of trademarks including the brand value of 'Kingfisher logo,” it stated.…
UK refuses to deport debt-laden Vijay Mallya, money lenders grope in dark
Britain said it could consider an extradition request for him. "The UK government has informed us …
SC issues notice to Vijay Mallya, asks to respond within four weeks
In his statement, the Attorney General added that Mallya is accountable to the public money that he…
Vijay Mallya's Rs 4,000-crore offer doesn't impress banks; don’t want any terms or conditions
The 17 lenders are looking for a repayment of over Rs 9,000 crore, whereas Mallya offered Rs 4,000 …
This one step by RBI led Vijay Mallya to lend huge amount
As per a report by Economic Times, banks restructured loans after RBI’s nod and an independent agen…
Vijay Mallya - the escapee who didn't escape, apparently
Now they're trying to get him to return. #GharWapsi with a twist, eh?
These are the 14 MPs that have ever been expelled from the Parliament. Know why
The latest on this is that Mallya, who is a Rajya Sabha member, is likely to be expelled from the p…
UB says Kingfisher Airlines’ logo only for aviation, warns of legal challenges
The Kingfisher Airlines’ logo would be sold with other trademarks like Fly Kingfisher, the logo of …
‘You have blood on your hands’, employees of Kingfisher Airlines write to Mallya as he owes Rs 300 crore in salary
While many of the employees have changed their jobs, the ground staff, technicians and engineers ar…
Another name appears in witch-hunting by banks; diamond house Winsome Group under Rs 6, 800 crore debt
In 2013, two Winsome Group companies, a diamond house, defaulted with 14 banks and created a debt o…
Vijay Mallya debt fiasco comes to some good use for Indian business schools
"This is a live case study for us and we have to build our arguments based on limited resources. A …
This is what Vijay Mallya has taught Sebi
As per the new clause, the company would require to inform the stock exchanges within one worki…