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Did former PMO, finance minister bailout Vijay Mallya?

 The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya’s ailing Kingfisher Airlines against the run of play, e-mails and......

Setback for Mallya, his plea against Sebi order dismissed

 In January, Sebi had barred Mallya and six former officials of USL from securities markets in a case related to illegal fund diversions. The Securities Appellate Tribunal (SAT) on Friday rejected......

United Spirits to sell 13 properties once owned by Vijay Mallya

 The company secured independent valuation for these properties and had shared the same with Mallya United Spirits Ltd (USL) plans to sell 13 properties, earlier owned by its former Chairman and......

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

 Wants details of Vijay Mallya's transactions over 4 years The Securities and Exchange Board of India (Sebi) has written to a UK regulator, the Financial Conduct Authority (FCA), for information on......

United Spirits shows proof of Mallya's fund diversion

 USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson. United Spirits Limited (USL), majority owned by British......

Tough legal battle lies ahead for USL, Mallya

 USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies. With Diageo accusing former UB group chairman Vijay Mallya of fund diversion from......

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