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
The treaty can be invoked in a criminal probe case seeking the transfer of persons, including persons in custody, for the purpose of assisting in investigations or giving evidence
Mallya is understood to be in the UK after he left India on March 2.
Mexican Formula One driver Sergio Perez described his Force India team's financial situation as 'critical' on Thursday, and recognised that his own future remained uncertain.
These divas will leave you gasping for breath.
The United Kingdom's home department has cleared the extradition of fugitive diamantaire Nirav Modi, who is wanted in an over Rs 13,000-crore bank fraud case, officials said on Friday.
California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure
Trouble erupted after East Bengal suffered a 1-2 defeat to Churchill Brothers as fans booed coach Trevor Morgan and a home side support staff member was seen abusing referee Santosh Kumar.
'As the sun rises, so does my acquaintance with the neighbourhood's avifauna,' says Kishore Singh.
As his personal wealth started booming, Mallya went on a buying spree.
Mumbai-based Naveen Sreepada aims his camera to capture the vagrant wildlife in motion.
The Indian businessman, who has a 42.5 percent stake, said there was a possibility of main sponsor BWT getting more involved and changing the team's name.
The stunner turns 35 today, October 20.
Embattled Force India co-owner Vijay Mallya will not be attending Sunday's Spanish Grand Prix but he is hoping for a change of fortune on the track at least for his Formula One team in Barcelona.
The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.
Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be released.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
Force India set their sights on breaking into Formula One's top three at the launch of their new car on Wednesday and hit back at suggestions that they lack the budget to match the manufacturers in a spending 'arms race'.
A coconut octopus, a burning forest, a rare rhino's last moments and a pair of sleeping squirrels all feature in the shortlist for the Natural History Museum's Wildlife Photographer of the Year 2020 People's Choice Award. This year's competition attracted more than 50,000 entries from professionals and amateurs across the world. Voting for the The People's Choice Award is open until 2 pm February 2.
The agency did not seek a reappointment in FY12.
The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
Step aside, dear models. The celebrity showstoppers are here to steal the show.
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Banks, real estate and metal scrips among the top losers.
Fashion industry's 'it' girl is our very favourite. Here's why :-)
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
Lessors of SpiceJet have in panic taken back some aircraft but if they see fresh investors coming in and taking charge, they are likely to relent and return the planes.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
The judge fixed April 26 as the next date of hearing when he will appear via video link from jail.
Benaulim is one of those rare Goan villages with more starfish than holidaymakers.
The deal comes at a huge cost to minority shareholders who have till date lost close to Rs 5,500 crore that were written off United Spirits' books
Want to know about some weird stuff happening in your backyard? Read on...
A rebounding and steady market is a good time to weed sectors and funds that tend to drag the portfolio.
'In Tadoba many of them have names -- Sonam, Shivaji, Maya and Tara.' 'Their territories are precisely demarcated on the map, and it is to the waterhole that we all troupe, to stay put till the lord or her ladyship deign to put in an appearance.' Subir Roy on a visit to the the Tadoba Andhari Tiger Reserve.
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