ED is probing Mallya and KFA under anti-money laundering laws in connection with a Rs 900 crore (Rs 9 billion) loan default of IDBI bank
'Both the AIADMK and DMK are promising prohibition, but where is the road map? Jayalalithaa is not giving a blueprint for her phased prohibition and Karunanidhi is not talking about a draft bill for the same. This is nothing but empty election rhetoric.'
Kerala Congress-M says nobody has asked Mani to resign as UDF leaders meet to discuss the issue.
With tiger stripes and India in its logo, Gautom Menon wants the world to drink Indian.
If the PM gives the historic opportunity of laying the foundation stone of the Ram temple to a Dalit girl, it will send a transformational message to the Dalits in India and will give them a sense of belongingness, says Dr Sudhir Bisht.
Let Bihar be damned under its contradictions of having gone 'dry' and then having been submerged under flood, which is a recurrent phenomena? After all it is a godforsaken land, having lost its promises of overcoming its problems, says Mohammad Sajjad.
India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.
Kerala Finance Minister K M Mani resigned on Tuesday night after pressure mounted on him from the ruling Congress-led United Democratic Front to quit.
ED has submitted a chart of total $60.54 million received by the firms directly or indirectly owned by Talwar between April 23, 2008 to February 6, 2009.
'As he goes down, he will almost certainly drag a few others down with him.' 'Once the mutual mudslinging has died down, collateral damage will probably include more bankers than politicians, given the nature of how things work in India,' says T N Ninan.
Counting of votes in the high-stakes close-to-call Bihar assembly elections, billed as a hot battle between Prime Minister Narendra Modi and Chief Minister Nitish Kumar, will take place on Sunday.
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.
A look at the financials of some of the key companies in the Sasikala clan's business empire.
While the number of active COVID-19 cases stood at 6,039, as many as 515 people have been cured and discharged, and one had migrated, it said. The total number of cases include 71 foreign nationals.
'As we grew up in service and became seniors ourselves, our commanders advised us to graduate to whiskey since rum did not suit the stature and 'shaan' of a senior officer.' Nitin Sathe recalls his encounters with whiskey on World Whiskey Day.
Karti contended that the lookout circular was part of the Centre's 'political vendetta'.
'We could crack IM modules in the country because one arrested member would spill beans on the other.' 'With ISIS, every module is different and is possibly being handled by different operators abroad.'
State-run IDBI Bank is one of Kingfisher's more than a dozen creditor banks.
The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it final should be adjourned until after the hearing of his pending bankruptcy petition.
The Union home ministry on May 13 had declared that these canteens will only sell indigenous or "swadeshi" products from June 1 in a bid to give fillip to domestic industries.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
The details Mallya filed earlier in his disclosure statement about his foreign properties do not have reference of cash in hand or bank details
Passengers coming to India and not carrying dutiable goods will not have to fill up customs declaration form from Friday.
Wants details of Vijay Mallya transactions over 4 years
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.
Between April and August, it issued request seeking LoC against 147 individuals to prevent them from leaving the country, the bank said in response to a Right to Information query filed by Pune-based activist Vihar Durve.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
Tesco, which has sought the government's permission to buy 50 per cent stake in Tatas-owned Trent Hypermarket Ltd, will have to invest atleast $55 million in creation of fresh back-end infrastructure.
Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
'Unless Modi uses his power to make people work, he will not succeed. He may cry hoarse but he will not succeed.' V Kalyanam, Mahatma Gandhi's personal secretary, tells Shobha Warrier/Rediff.com why Modi's Clean India campaign won't succeed easily.
Some overseas investors refuse to be part of roadshows, citing environment risks
Sunanda K Datta-Ray considers them sound in theory, but incapable of making any dent in the corruption that is India's way of life.
The bench said the law in question was only 'targetting' married women and not the men who can have relationships with unmarried women, widow and married women with the consent of their husbands.
Here are some interesting points Vijay Mallya mentioned in the FT interview.
'My wife was asked to get out of an autorickshaw because she was married to me. My children were targeted and branded a traitor's children. In spite of the Supreme Court and the NHRC having cleared my case, the state government is yet to close it. Local politicians are behind this. Why can't they close the case, give me compensation, accepting gracefully that they have wronged me?' Dr S Nambi Narayanan, the scientist who was accused and then exonerated in the 1994 ISRO spying case, speaks to Rediff.com's Shobha Warrier about his continuing travails and his recent meeting with Narendra Modi.
Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
Annabel Mehta, Sachin Tendulkar's mother-in-law, has dedicated her life to working with the Beautiful People of the other half of Mumbai without whom the city would neither exist nor thrive. Vaihayasi Pande Daniel met the amazing lady who was awarded the Member of the Order of the British Empire for her service to underprivileged communities.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances