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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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2 mins read

'Not receiving any instructions from Vijay Mallya', lawyer to SC

Fugitive businessman Vijay Mallya's lawyer, facing extradition, told the Supreme Court on Thursday …

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India's most wanted borrower Vijay Mallya gets sentenced to 4 months in jail

The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya in a c…

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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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Mallya now appeals to overturn London High Court's bankruptcy order

Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeal…

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Jail time awaits Vijay Mallya even as he tries his best to stall extradition — a timeline of his downfall

India’s most wanted borrower Vijay Mallya is filing appeal after appeal to stall his extradition ba…

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Supreme Court bench maintained 'majesty of law' by sentencing Vijay Mallya

The Supreme Court on Monday sentenced fugitive businessman Vijay Mallya to four months' imprisonmen…

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4 mins read

Three Anil Ambani companies have reportedly been accused of fraud by banks⁠ — the amount at stake is nearly ten times more than what Mallya owed

India’s infamous fallen billionaire, Anil Ambani, may have claimed that his ‘net worth is zero’ b…

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1 min read

How much Vijay Mallya owes to different banks in India

Meanwhile, banks lent Mallya huge sums against personal guarantee and landed in a soup after they h…

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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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2 mins read

Vijay Mallya loses appeal against extradition to India in UK High Court

Beleaguered liquor tycoon Vijay Mallya today lost an appeal against the extradition order to India …

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3 mins read

ED hopeful of getting custody of Vijay Mallya soon

The official said that the system in the UK is a bit different, as Mallya needs to reach the t…

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Vijay Mallya's homecoming judgement might come next week

New Delhi is putting all its efforts to put Mallya behind the Indian bars. A judgement on Mally…

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PNB win in UK court may set precedent for Mallya loan recovery

The judgement may set a precedent in the debt recovery case in the UK against Mallya by a consor…

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FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday

Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…

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Vijay Mallya and family was heckled by Indian fans at The Oval in UK

Crowds chanted “chor hai, chor hai (you are a thief)” as they spotted Mallya at the match. This …

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1 min read

Breaking News: Vijay Mallya granted bail; says extradition hearing was “expected”

Mallya, 61, fled to Britain in March 2016 after banks sued to recover about $1.4 billion that …

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Vijay Mallya appeals to Finance Minister to reconsider his repayment offer during these 'tough' times

"I have made repeated offers to pay 100 per cent of the amount borrowed by KFA to the Banks. Ne…

PTI