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3 mins read

Former IDBI GM conspired with Vijay Mallya over short term loan to Kingfisher Airlines: CBI

A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disb…

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1 min read

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…

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2 mins read

Vijay Mallya wants to sell his assets to pay back loans, but it might be too little too late

Also, he refuses to concede that the firms defaulted on their loans for any reasons other than…

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1 min read

Mallya’s Kingfisher House in Mumbai now on auction by SBI for more than Rs 150 crore

The base price for the Andheri office has been fixed at Rs.150 crore, and the bank has already rece…

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1 min read

SBI offers one-time settlement of Kingfisher loans but Mallya has some conditions

To this, Mallya has put some conditions which are said to unacceptable to the bank, as said by SBI …

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3 mins read

Vijay Mallya’s journey from a businessman to a fraudster

Here is the breakdown of Mallya’s journey from a businessman to a wilful defaulter. 1) Mallya owes …

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1 min read

A little too late! Mallya flew out of India before banks could take a stay order against him

The amount that Mallya owes to these banks runs up to over Rs 9,000 crore, the reason why the banks…

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3 mins read

Nirav Modi, Punjab National Bank scandal, Rolls-Royce and the rise of a Mumbai auction house

An on-site live auction is set for February 27 and an online bidding on March 3 and 4, with bo…

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2 mins read

India just moved a step closer to securing the extradition of Vijay Mallya

Javid’s verdict is an important victory for India. In addition to the severity of Mallya’s fin…

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2 mins read

The extradition of Vijay Mallya: The Indian government has secured a key victory but a lot more work remains

Mallya is suspected to have misled the executives of several Indian banks, including the governm…