Mallya said, the ED on the one side and the banks on the other are fighting over the same assets.
Here's a glimpse of all that happened around the world last month, in 14 images.
During the course of the hearing last month, it emerged that Modi had made death threats to witnesses and also attempted to destroy evidence such as mobile phones and a server holding "material critical to the fraud".
The trial, which opened at the London court on December 4, is aimed at laying out a prima facie case of fraud against the 61-year-old embattled businessman, who has been based in the UK since March 2016.
The World Happiness Report published on Wednesday ranked 156 countries by happiness levels, based on factors such as life expectancy, social support and corruption.
The next phase is when factors such as prison conditions in India are likely to take centre-stage.
Mallya, who has been out on bail since Scotland Yard executed an extradition warrant in April this year, will be in the dock for the duration of the trial -- scheduled to end on December 14.
Air Commodore Nitin Sathe discovers how the IAF trained Pakistani air force pilots, during the 1971 War, which led to the birth of the Bangladesh air force.
Here's everything you need to know about Barrack 12 at Arthur Road jail, where Mallya may be lodged As we await the next move, here's everything you want and need to know about Barrack 12 at Arthur Road Jail.
Five photos of western style toilets were presented to convince the court that acceptable standards would be extended to Mallya.
Mallya said the allegations of money laundering and stealing money against him are 'completely false'.
It further said that the epic Valmiki's Ramayana, whose composition dated back to the period Before Christ (BC), was the main source of knowledge of Lord Ram and his deeds.
Facebook's Mark Zuckerberg is at the second place.
The Burning Man isn't your usual festival; it's a bustling makeshift metropolis dedicated to art and community wherein almost everything that happens is created entirely by its citizens, who are active participants in the experience.
His demise marks an end of a glorious era of the Indian Air Force.
French stocks, particularly those exposed to the country's large tourism sector, are likely to suffer the biggest falls
Tiger Woods has shut it down for the rest of the professional golf season, bringing into question his playing future as the best golfer of his generation will be away from the sport for over a year when, and if, he returns.
Speaking to reporters Mallya said, "It will all become clear in court".
Jordan Spieth won a US Open that put all four majors in the hands of golf's young guns, signalling a changing of the guard is complete.
March and April payrolls were revised to show 32,000 more jobs.
'With the country is a crisis that directly affects hundreds of millions, we will know if Modi has grip,' says Aakar Patel.
Arjan Singh, the Marshal of the Indian Air Force, was a fearless and exceptional pilot and remained a source of inspiration to all personnel of the Armed Forces through the years.
'She will recognise the talent of the Indian-American community.'
The key airbase at Panagarh in West Bengal has been renamed as 'Air Force Station Arjan Singh' in honour of the Marshal of the Air Force, who turned 97 on Friday.
'Why can't a person who has supervised military intelligence head RA&W?' 'Why can't one who has overseen national security planning become our NSA or chair the National Security Advisory Board?' asks Vice Admiral Premvir Das (retd).
As we head into the final year of US President Barack Obama's term, here's a look back at the great images taken by the official White House photographers in 2015.
'Kishore Kumar lived like a king and knew that he could get away with anything. It's as simple as that.'
Bajirao, an unorthodox leader, faced much opposition during his lifetime from the Brahmins of Pune. In the last hundred years or so, he has been ignored due to caste politics in Maharashtra where he has become a 'non person' for having been born a Brahmin, says Colonel Anil A Athale (retd).
If elected, Niraj Antani, 23, will be the second Indian American -- after Jay Goyal, who served 3 terms from 2006 from the 73rd District -- in the Ohio House. George Joseph reports
'The ball barely made it to the hole, giving rise to a heady exhilaration and bemusement that only Woods' adroitness could -- and perhaps still does -- invoke.'
Air Vice Marshal Arjun Subramaniam lists the major operational takeaways from the 1971 War in his new book 'India's Wars, A Military History, 1947-1971'.
Captain Fantastic Paul McGinley hailed "a great team performance" after Europe crushed the US in the Ryder Cup foursomes for the second day running to gallop into a commanding 10-6 lead on Saturday.
Indian-American law student Niraj Antani makes history as he goes on to become the youngest sitting state representative. Rediff.com's George Joseph reports
Here's your weekly digest of the most weird, true and funny news from the across the globe.
'I want tonight to express gratitude to all the women who have endured years of abuse and assault because they, like my mother, had children to feed and bills to pay and dreams to pursue.' Stirring speeches at the 75th Golden Globes.
Did the human drama provoked by the Japanese invasion of Burma and the Indian exodus from Rangoon inspire director Vishal Bhardwaj's forthcoming epic?
'Babur has been facing gross historical injustice for the last two centuries, when he had no role either in the demolition of any temple or in the construction of the so-called Babri mosque at Ayodhya.'
'The Indian Air Force wanted to fight. My squadron leaders and flight lieutenants, all of us were eager to fight. Unless they are keen I can't have confidence.' Marshal of the Air Force, the legendary Arjan Singh, on the 1965 War.
The 16th Mumbai Film Festival had a delicious spread of movies.
