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5 mins read

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…

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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

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…

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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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1 min read

Vijay Mallya used 13 shell companies to launder over Rs 1,300 crore, says ED

The charge sheet was filed under various sections of the Prevention of Money Laundering Act…

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1 min read

Vijay Mallya's personal Airbus jet to be auctioned to recover government’s dues

Apparently, the government is all set to auction off Vijay Mallya's assets, which include his perso…

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2 mins read

Cancelling my passport won’t get you back your money, cries Mallya

Mallya, whose passport has been cancelled by the Indian government, said that he wants a "reasonabl…

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2 mins read

Vijay Mallya will return to India but only if his safety and freedom are ensured

"We expressed concerns over the various issues and Mallya has assured us that he is in serious nego…

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1 min read

MLAT, the 21-year-old treaty that could bring Vijay Mallya back to India

As per an ET report, ED has written to Ministry of External Affairs (MEA), asking for MLAT to be in…

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2 mins read

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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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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1 min read

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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1 min read

ED and banks to lock horns over assets pledged by Vijay Mallya

A few weeks back, ED officials had taken possession of the shares of some of these companies an…