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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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India takes its first big step towards avoiding future Nirav Modi, Vijay Mallya-like scams

The Fugitive Economic Offenders Bill, which was discussed and approved in the Lok Sabha on July …

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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…

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Vijay Mallya won’t come to India before April

As per officials from the Enforcement Directorate, he has approached the investigating officer sayi…

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Supreme Court seeks status report on Mallya's extradition within 6 weeks

The top court after a brief hearing in the matter adjourned the case to the third week of Janu…

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Vijay Mallya’s aircraft to be auctioned; expected to fetch around Rs 535 crore

So as to verify the pre-bid queries, bidders can seek information from the department regarding the…

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Vijay Mallya takes to Twitter to reveal what made him escape the country without paying loan amount

Defending himself in a string of tweets, Mallya said all he sought was help related to policy change

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Mallya's vintage cars put on auction, attract bidders from around the country

The auction was put up by global liquor giant Diageo-controlled United Spirits, six months after Ma…

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Expel Vijay Mallya, Parliament’s Ethics Committee says on receiving his resignation

Not only this, he had also said that he has been targetted by the media and is disappointed by fell…

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Now, 40 companies tied to Vijay Mallya under scrutiny

Most of these companies) are based abroad, including in the Netherlands, the United Kingdom, South …

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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…

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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 …

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Another Mallya in the making? A wait of two years and lenders receive peanuts from Winsome group

Winsome spokespersons and its promoter Jatin Mehta have maintained their stand of being unable to r…

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Berger Paints reports a 91% fall in its profit — weakest quarter in at least a decade

One of India’s largest multinational paint companies Berger Paints earnings reflect the lockdown pa…

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Heineken seeking controlling stake in United Breweries

The stake hike, a bet on one of the world's fastest growing beer markets, will be completed in …

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Kingfisher now belongs to Heineken for Rs 872 cr

USL sold 3.21% shares for Rs 872 crore in a block trade. The shares were sold at Rs 1,030 apiece, a…

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Kingfisher Airlines fails to repay loan, SBI Cap confiscates properties

The company had issued a demand notice to the airline and its directors, on May 3, 2013 under Secti…

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Why Spicejet Crisis Is A Bad News For The Industry?

However, the greater concern here is what would be the repercussions on the entire aviation industr…

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United Breweries’ Q4 Net Profit Rises More Than Elevenfold

The company had reported a net profit of Rs 5.85 crore during the corresponding period of FY2012-13…

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For India, It’s Entertainment First In 2013, Says Google

Only a few days ago, we brought you this year’s most popular buzzwords on Facebook. But you must ha…