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SBI wants Vijay Mallya arrested

Not only an arrest, SBI also wants his passport to be impounded and a complete disclosure of his pe…

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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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Mallya to come out of his shell to address Formula 1 British Grand Prix press conference

Mallya fled India and has been in the UK since March, owing banks in India loans worth Rs 9000 cror…

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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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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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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…

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SC says Vijay Mallya will have to declare all his assets to the Banks, including that of his wife’s and children’s

The former liquor baron of India, who fled India before banks could get a restriction order against…

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Arun Jaitley warns Vijay Mallya of coercive action if dues are not paid on time

"I don't want to make any comments on individual cases but I think it's a responsibility of large g…

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PNB not the only bank to declare me a defaulter, will do what I have to do: Mallya

The man who is known for his flamboyance and hosting lavish parties even when his companies have be…

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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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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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'Forcing Vijay Mallya to come back to India is bad strategy'

Tech investor TV Mohandas Pai today said that forcing beleaguered businessman Vijay Mallya, who owe…

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Bankers are worried after CBI arrests IDBI chief in suspected loan fraud case involving Vijay Mallya, call it ‘witch hunt’

Bankers are worried and have termed the arrests as a ‘witch hunt’ after a Mumbai court remanded Aga…

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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 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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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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Over Rs 68,600 cr loans of wilful defaulters, including Choksi, Mallya firms, written off: RBI in RTI reply

Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically wr…

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SBI cleans up its balance sheets by writing off loans of 63 willful defaulters, including Vijay Mallya

SBI has mostly dropped the money willfully under Collection Account (AUCA), commonly known as a wri…

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Meet Hemant Kanoria, the only man who made profit out of his loans to Kingfisher Airlines

He, however, didn’t shy away from comparing the Chinese ecommerce giant with Sahaj, where rural e-k…

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This is what Vijay Mallya was busy tweeting before his arrest

Hours after his arrest, Mallya was granted bail. Mallya, who is wanted in India over …