Besides Mallya, his companies Kingfisher Airlines and United Breweries Holdings Limited have also been named as accused
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
Katrina Kaif is the latest Bollywood star to join the list of celebrities endorsing the various Indian Premiere League cricket teams. She will support Vijay Mallya's team. "Katrina is the face of Mallya's cricket team, not a brand ambassador to his Royal Challenge products," clarified a source close to the actress.
Indian drinks and aviation tycoon Vijay Mallya plans to gather his Formula One, cricket and soccer interests into one company and float it on the Mumbai stock exchange early next year. As well as his Formula One team, Mallya owns the Royal Challengers Bangalore cricket team in the Indian Premier League (IPL) and has 50 percent stakes in Kolkata-based Mohun Bagan and East Bengal soccer clubs.
Chairman of United Breweries group Vijay Mallya on Monday said that his company was keen to enter into the alcohol retail sector.
According to the The Times, the move is a part of a drive to cut UB Group's $4 billion (2.5 billion pounds) debt.
"By taking my passport or arresting me, they are not getting any money," Vijay Mallya said.
Kingfisher Airlines chief Vijay Mallya on Saturday said the company would make a bid to buyout the entire stake in Air Sahara.
They said creditors would be paid in full and all 405 jobs at the Silverstone-based team, that was co-owned by embattled Indian businessman Vijay Mallya and finished fourth last year, were safe.
The objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled Kingfisher Airlines
Even as 59 Rajya Sabha seats will be up for re-election in April, at least two industrialists are likely to get re-elected for another six years -- Vijay Mallya and Rajkumar Dhoot.
Royal Challengers Bangalore owner Vijay Mallya on Tuesday slammed the Board of Control for Cricket in India (BCCI), saying that the rules and regulations for the Indian Premier League were made without the consultation of the franchisees involved.
Justifying the coming together of the two airlines, which account for about 60 per cent of the market share, Goyal said that the break-even point for the aviation sector is at 90 per cent capacity utilisation whereas, "We are now operating between 60-70 per cent." Goyal said, "On top of all this, international airlines are dumping capacity in India, lowering their prices knowing we cannot match the competition.... therefore, we have to work together."
Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts
Sebastian Vettel's historic win in the Italian Grand Prix would boost independent teams and Vijay Mallya wants his Force India drivers to take a leaf out of the rookie German's book.
The airline's pilots and engineers at Delhi, Bangalore and Chennai have rejected the three-month salary offer.
Vijay Mallya has ensured that his brands do not fall out of Indian Premier League (IPL) viewership, though his team Royal Challengers Bangalore bowed out of the tournament. After RC's series of defeats, the UB Group chairman decided to cash in on his smaller investments in rival teams such as Rajasthan Royals, Delhi Daredevils, Chennai Superkings and Mumbai Indians.
The liquor baron said he would seek support of the current incumbent Priya Ranjan Dasmunshi.
BJP alleged that banks were 'pushed' into giving Rs 3,100 crore loan to him and unfreezing his bank accounts in 2012.
After declaring that it would do whatever it takes to cut flab, Kingfisher Airlines has now said it will not retrench cabin staff.
Vijay Mallya has been contending he is the rightful owner of Officer's Choice whisky and not Kishore Chhabria
He sold 8.84% stake for Rs 55 crore based on average stock price in September quarter.
Amidst strong speculations that Nico Hulkenberg will leave Sahara Force India to join Sauber for the next season, Team Prinicpal Vijay Mallya on Sunday said he will reveal the drivers' line-up next month.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
Here's a look at what your favourite celebrities are tweeting.
The tax authorities have been piling pressure for a long time against Mallya and on Kingfisher Airlines to cough up the dues.
McDowell & Co Ltd and Phipson Ltd, both part of Vijay Mallya's UB group, and associates have made a counter offer to shareholders of Herbertsons Ltd to acquire additional 45.2% stake at Rs 200 per share.
UB group chairman Vijay Mallya on Tuesday said that Delhi Chief Minister Arvind Kejriwal was pursuing "unconventional methods" to attain his objectives while asserting that there should be no "witch-hunt" against industrialists.
Here's everything you need to know about Barrack 12 at Arthur Road jail, where Mallya may be lodged As we await the next move, here's everything you want and need to know about Barrack 12 at Arthur Road Jail.
There is no way out for Mallya's debt problems unless he sells some of his stake, says an analyst.
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
Sebi, in an affidavit, said its August 1 order asking Mallya and Chhabrias to make open offers to divest their stakes in excess of 21.38 per cent and 10 per cent shares respectively in Herbertsons Ltd, should be upheld by the Apex Court.
Force India Chairman Vijay Mallya is expecting both Adrian Sutil and Vitantonio Liuzzi to be among points in Sunday's British Grand Prix and reckons a podium finish is possible in Spa and Monza.
The business tycoon wants to bring an Indian driver back into Formula One once he takes over the struggling Spyker team.
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