Vijay Mallya has lost control of his companies.
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
The assets are estimated to be worth over Rs 6,000 crore.
Banks tighten hold on Mallya for defaults on KFA loans
Vietnam is a growing market for sponsors such as brewer Heineken and would be a fifth Asian race on the calendar, making up for the departure of Malaysia.
The Indo-Dutch pair defeated Amir Hadad and Andy Ram of Isreal in the semis of the Heineken Challenger.
Mallya intends to protect his shareholding in India's largest brewer in which Dutch brewer Heineken holds 37.5% stake.
The Supreme Court has rejected an appeal by Vijay Mallya to overturn charges against him for allegedly violating foreign exchange rules, adding to the legal challenges facing one of the country's most prominent businessmen.
The Australian ball-tampering scandal continues to ripple far beyond cricket circles, with captain Steve Smith portrayed as arch-villain in the sorry saga.
The Marylebone Cricket Club has released a first ever Laws of Cricket app. Free to download, 'MCC Laws of Cricket' includes easily digestible explanations of each Law, new imagery and animations and a special Laws quiz.
Sania and her American partner Bethanie-Mattek Sands shocked second seeds Martina Hingis and Flavia Penneta, winning 6-3, 6-3 in the quarter-finals of Apia International. Rohan Bopanna and Daniel Nestor beat the Italian pair of Simone Bolelli and Fabio Fognini.
India's tough stance is better late than never.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.
The banks have asked the court to demand his return and to impound his passport.
Peru fans take $800 taxi to get to World Cup game
Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".
Nadal, is known to have a superior win-loss record over most top players (including Andy Murray and Novak Djokovic), but believe it or not, there are players on the circuit who have an edge over Nadal.
Kingfisher to be lager partner at ICC Champions Trophy to be played in UK.
He manages to get back a majority of pledged shares.
Kingfisher Airlines owed Indian banks Rs 7,000 crore as of January.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
It took the Danish beer maker eight years to move among the top three.
A summary of sports events and sports persons, who made news on Sunday
Agent 007's martini, famously shaken, not stirred, is up for some innovative twists. Flavour it with a hint of Scotch or replace the olive with an orange peel
If they encash shares, Dutch major Heineken will emerge as single largest shareholder in the company.
India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.
Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
Soon after acquiring strategic management control of Vijay Mallya's crown jewel, United Spirits, Diageo has swung into action, making up for years of lost time in trying to figure out the Indian market.
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