Mallya said the allegations of money laundering and stealing money against him are 'completely false'.
The valuables include polished diamonds, pearls and silver jewellery and are worth Rs 1,350 crore.
Condom dresses and Trumpetto heels were the star attractions at London Fashion Week.
The results for the People's Choice Award for the Wildlife Photographer Of The Year are in.
France's former Olympic pole vault champion Renaud Lavillenie has found a way to keep his competitive juices flowing during the coronavirus lockdown by staging an "international home containment competition". While some elite athletes have been struggling to find ways of staying fit while confined to their homes, the 33-year-old former world record holder has taken full advantage of the jumping set-up at his home in central France.
'In the second wave, probably due to the mutants, probably due to COVID-19-inappropriate behaviour, we are seeing it coming in the younger population, say from ages 30 to 50.' 'Also, we've seen that sometimes they deteriorate pretty rapidly and therefore we may need to keep a closer watch on the symptoms and on the oxygen levels at home.'
He appeared via videolink from the prison as his legal team offered a package of "stringent" bail measures, including bail security of 4 million pound, house arrest with a 24-hour electronic tag as well as a private security guard service and a strictly monitored access to gadgets and telephones.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
The top court last week gave Sahara a final chance to raise funds.
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
As the curtains fall on another year, Rediff.com brings you all the action from the sports field that defined 2019.
India's gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018.
Mallya's defence team is being led by the firm Joseph Hague Aaronson LLP. They have instructed barrister Clare Montgomery, a specialist in criminal, regulatory and fraud law, to argue in court on their behalf.
The five-day extradition trial of fugitive diamond merchant Nirav Modi will begin from May 11 in a part-remote setting, a UK court has ordered. Modi is fighting his extradition to India over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
Embattled liquor baron Vijay Mallya, who lost his UK high court appeal against an extradition order to India, has said that he is "disappointed" with the ruling but will continue to seek legal remedies as advised by his legal team. The 64-year-old former Kingfisher Airlines boss reiterated that he has repeatedly offered to pay the Indian banks the loan amount owed by his now-defunct airline, an offer which the banks have rejected.
Disaster management authorities have warned about very heavy rainfall over the next 24 hours.
Housefull 4 is not for everyone. But if you enjoy comedies that don't make *any* sense, go ahead for this one, says Namrata Thakker.
Mother-daugher duo Bhumika and Minakshi Ahluwalia will present their collection at LFW's GenNext.
A summary of Sunday's action in the Premier League.
It will take you 245 days to complete the journey.
Joyce Sombroek, 29, is a practicing GP and says that with the outbreak of the Coronavirus, we currently find ourselves in a very special situation, as she treats patients affected by the virus.
Street Dancer 3D is only about cardboard central characters and side-lined sensations doing the same old, same old, says Sukanya Verma.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
Wearing pink, pointy-eared hats to mock the new US president, throngs of protesters descended on the US capital and other cities around the globe to show Donald Trump they won't be silent over the next four years.
'Given that the RGF is a family-controlled trust, why would the Congress defend it every time someone accuses it of wrong-doing?' asks Virendra Kapoor.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
Major global indices - the Nasdaq, Bovespa, Seoul Composite, S&P 500, Dow Jones, S&P BSE Sensex, NYSE, DAX, Nikkei and, CAC 40 - have all gained 37 per cent to 75 per cent since their respective March 2020 low.
Liverpool's defence of a Premier League crown won at a canter last season has become a nightmare
Court order follows submission of govt lawyers that Serious Fraud Investigation Office was probing a case of misappropriation of fund by Jet Airways and Goyal.
The central probe agency that began action against the banker by raiding his upscale residence in south Mumbai on Friday is primarily investigating Kapoor, his wife and three daughters over a Rs 600 crore fund received by a firm allegedly "controlled" by them from an entity linked to the scam-hit Dewan Housing Finance Limited.
News of all that's transpired on and off the football field.
Gandhi on Thursday accused Jaitley of lying to hide the "free passage" he allegedly gave to Mallya to flee to London, while the ruling party counter-claimed that the Gandhi family had tried to salvage the sinking Kingfisher Airlines with a "sweet deal".
In the 25-page defence evidence affidavit, which was served to the UK Crown Prosecution Service, Mallya is learnt to have alleged that his was a case of "political vendetta" and "loss-making business".
The assets have been attached as part of five separate orders issued by the central probe agency under the Prevention of Money Laundering Act, it said.
This will cost the government Rs 3.1 trillion, about 10 per cent of its annual expenditure, and higher than any other spending item in its Budget.
News of all that's transpired on and off the football field
Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.
The Antiguan prime minister had told Indian government that even criminals have fundamental rights and Choksi, too, has the right to go to court and defend his position, adding, once all legal options are exhausted, he will be extradited.
The kidnapping of MQM workers is a message from Pakistani security agencies that any show of allegiance to Altaf Hussain will be met with a brutal response, says Aveek Sen.
Among sectoral indices, telecom led the chart, spurting 3.08 per cent, followed by oil and gas.
