Mukesh Ambani has won the bid to sponsor the Mumbai team of the Indian Professional League (IPL) tournament promoted by the Board of Control for Cricket in India (BCCI).
Bollywood stars Shah Rukh Khan and Preity Zinta, industrialist Mukesh Ambani and liquor baron Vijay Mallya emerged successful bidders for Indian Premier League teams on Thursday.
The 2011 Indian Premier League Players' Auction got a thumbs-up from all the ten franchises, with Royal Challengers Bangalore owner Vijay Mallya said "it was a level playing field" for all the participants.
Force India owner Vijay Mallya has reminded feuding factions inside his Formula One team that, even if he sees no need to bang heads together, he pays the bills and calls the shots.
The reasons for non-payment remain unknown. GHIAL spokesperson, Arun Bhagat, refused to comment.
Janata Dal-United president Sharad Yadav has demanded that a case under 302 of Indian Penal Code (punishment for murder) should be filed against Vijay Mallya in connection with the suicide case of the wife of a Kingfisher Airlines employee.
Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. On Monday, the Supreme Court awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case. The apex court also ordered him to deposit $40 million plus interest in four weeks to avoid attachment of his properties.
Interview with Joint President & CFO, United Spirits Limited.
Fifteen candidates in the recently concluded elections to the Rajya Sabha have pending criminal cases against them, of which six of them have serious charges, a report by the Association of Democaratic Reforms and National Election Watch has stated.
We tried our best to recover money from Vijay Mallya: Arundhati Bhattacharya
It is understood he is moving court indicating lenders had been rough with him and, hence, caused damage.
He still owes hundreds of crores to OMCs.
Sidhartha Mallya speaks his heart out.
Karan Johar introduces an unusual combination this week in Koffee With Karan.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
UB Group Chairman Vijay Mallya, who inherited an empire of diverse businesses at age 27, is now trying hard to show that he can be a pragmatic king of bad times, too.That explains Mallya's move to hawk a part of his family silver at a time when the combined debt of his six listed companies has touched a whopping Rs 14,231 crore, as on December 2008. The debt is now more than the group's market cap.
He's also enjoying a new level of corporate respect.
Vitantonio Liuzzi has been among the points right from the start of the season and Force India chairman Vijay Mallya now wants the other driver, Adrian Sutil, to follow suit.
India's hopes of hosting a Formula One Grand Prix in 2011 are on track despite exchange control obstacles, according to Force India team owner Vijay Mallya.
Force India Formula One team boss Vijay Mallya feels beating McLaren for fifth spot in the team standings will be a 'big task' in the remaining four races of the season.
Harsh Jain, founder of Dream11, a portal offering world's first fantasy cricket game dwells on his entrepreneurial experience.
Force India chairman Vijay Mallya says his team's maiden podium finish in the Belgian Grand Prix ranks alongside Royal Challengers Bangalore's final appearance in the Indian Premier League II as two of his best sporting moments.
Confirming the sale, senior executives of public-sector banks said there was no court directive yet to stop selling shares.
Bankers gave money to Mallya's airline though it was not enough to even service existing debt?
Buyer actor-producer Sachiin Joshi, who owns Viiking Media, has reportedly bought the villa, spread over 12,350 sq ft or three acre at Candolim.
Vijay Mallya-led UB Group is all set to meet the month-end deadline for payment of Rs 400 crore (Rs 4 billion) balance toward 26 per cent stake it had picked in Deccan Aviation, the promoter of low-cost carrier Air Deccan.
Indian Formula One fans should be proud of their own team rather than bemoaning the lack of homegrown talent on the starting grid, Force India's flamboyant owner Vijay Mallya said.
Kingfisher Airlines chairman and managing director Vijay Mallya is keeping his fingers crossed as he awaits word from Air Sahara
McDowell's, the whisky brand owned by USL, sold 19.27 million nine-litre cases of Indian made foreign liquor whisky in 2012, compared to Officer's Choice whisky, owned by the Chhabria-led Allied Blenders & Distillers, which sold 18.55 million cases.
Don't miss designer Komal Sood's glamorous showing, presented on the second day of Lakme Fashion Week.
Liquor baron Vijay Mallya is mulling to divest around 49 per cent stake in United Spirits Ltd's UK-based wholly-owned subsidiary Whyte & Mackay (W&M), which it acquired for 595 million pounds in May 2007.
Flamboyant Indian business tycoon Vijay Mallya is pitched against Mexican billionaire and one of the world's richest persons, Carlos Slim Helu, among others for buying the Formula One team of Japanese auto giant Honda, a report said.
Vijay Mallya, promoter of debt-ridden Kingfisher Airlines, would have his stake falling a little below 50 per cent in the company, if a comprehensive debt restructuring is approved by the shareholders on December 20. On a fully diluted basis, it will drop by little over 16 per cent from the current 66 per cent.
South African all-rounder Jacques Kallis stole the show in Round 4 of the DLF Indian Premier League players' auction with a winning bid of US $9,00,000 by billionaire Vijay Mallya's Bangalore franchise. Kallis, who was priced at US $2,25,000, beat West Indies' dashing opener Chris Gayle, who was bought by Kolkata franchise for US $8,00,000.
