News for 'Mallyas'

Foreign ministry awaits ED's advice on next action against Mallya

Foreign ministry awaits ED's advice on next action against Mallya

Rediff.com12 May 2016

India on April 28 asked the UK authorities to deport Mallya.

From couches, jet to bathrobe, Mallya's assets up for grabs!

From couches, jet to bathrobe, Mallya's assets up for grabs!

Rediff.com1 Aug 2016

For almost all the properties owned by Vijay Mallya, the reserve price has been marked down after the earlier attempts failed to attract bidders.

ED has no objection to restoration of Mallya's properties to banks

ED has no objection to restoration of Mallya's properties to banks

Rediff.com5 Feb 2019

The agency said that since all the applicants, except one, were public banks, the money sought to be recovered was public money, restoration of assets in their favour was in public interest.

Vijay Mallya blames 'policy paralysis' for slowdown

Vijay Mallya blames 'policy paralysis' for slowdown

Rediff.com8 Sep 2013

He has also said that the overall mood of the Indian consumer remains subdued

Banks reject Mallya's proposal to pay back Rs 4,000 crore

Banks reject Mallya's proposal to pay back Rs 4,000 crore

Rediff.com7 Apr 2016

Indian banks on Thursday rejected the loan repayment offer made by Vijay Mallya.

Court defers service tax dept plea against Mallya to March 28

Court defers service tax dept plea against Mallya to March 28

Rediff.com11 Mar 2016

No one appeared for Mallya and Kingfisher Airlines on Friday.

A look at some of Mallya's little-known firms

A look at some of Mallya's little-known firms

Rediff.com14 Mar 2016

Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.

I am not an absconder, says Mallya

I am not an absconder, says Mallya

Rediff.com7 Mar 2016

'I have been most pained at being painted as an absconder'.

ED, Sebi to probe Mallya-Diageo deal for South African Breweries

ED, Sebi to probe Mallya-Diageo deal for South African Breweries

Rediff.com17 Mar 2016

The money was paid to Mallya in two tranches in his offshore accounts.

ED to ask depositories to freeze shares owned by Vijay Mallya

ED to ask depositories to freeze shares owned by Vijay Mallya

Rediff.com11 May 2016

The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.

SBI declines info on Mallya's loan, says matter is sub-judice

SBI declines info on Mallya's loan, says matter is sub-judice

Rediff.com11 Jul 2016

RTI activist Anil Galgali had asked SBI about the total amount of loans given to the beleaguered businessman.

Bihar farmers lodge forgery case against Mallya

Bihar farmers lodge forgery case against Mallya

Rediff.com8 Jan 2015

A case has been lodged against UB group chairman Vijay Mallya by farmers allegedly for forgery in the Patna district police on Thursday said.

Kingfisher Airlines in talks with an investor: Mallya

Kingfisher Airlines in talks with an investor: Mallya

Rediff.com24 Sep 2013

Kingfisher Airlines Ltd, which has been grounded for almost a year for want of cash, is in talks with a foreign investor for a potential stake sale, Chairman Vijay Mallya said on Tuesday, without naming any investor.

Vijay Mallya saga: SFIO seeks loan details from banks

Vijay Mallya saga: SFIO seeks loan details from banks

Rediff.com26 Jun 2016

As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry

Victory for Indian banks, UK court orders seizure of Mallya's UK assets

Victory for Indian banks, UK court orders seizure of Mallya's UK assets

Rediff.com5 Jul 2018

The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.

Bad times erode $50 mn from Vijay Mallya's fortune

Bad times erode $50 mn from Vijay Mallya's fortune

Rediff.com29 Oct 2013

His position in India's 100 richest list by is 11 places down to 84th.

More trouble for Mallya as SFIO probes Kingfisher Airlines

More trouble for Mallya as SFIO probes Kingfisher Airlines

Rediff.com8 Mar 2016

The agency is looking at alleged "diversion of funds and financial reporting frauds".

Mallya's Force India go pink for 2017 F1 season

Mallya's Force India go pink for 2017 F1 season

Rediff.com14 Mar 2017

Team co-owner Vijay Mallya said in a statement on Tuesday that the deal, which will make the cars stand out at the Australian season-opener next week, is one of the most significant partnerships in Force India's 10-year history.

Absent Mallya hopes for Force India boost in Spain

Absent Mallya hopes for Force India boost in Spain

Rediff.com10 May 2016

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.

Vijay Mallya drops out of India's 100 richest club

Vijay Mallya drops out of India's 100 richest club

Rediff.com25 Sep 2014

UB Group Chairman Vijay Mallya is no longer a member of India's 100 Richest club, even as fortunes of the country's uber-rich have seen a significant growth since last year.

Mallya bought Tipu Sultan's sword

Mallya bought Tipu Sultan's sword

Rediff.com7 Apr 2004

Mallya said he bought the majestic sword at an auction from the descendants of Major General Baird, who was presented with it through the then army commander Lt General Harris more than 200 years ago.

Mallya denies giving interview, newspaper to release his e-mails

Mallya denies giving interview, newspaper to release his e-mails

Rediff.com15 Mar 2016

Mallya, mired in a controversy for leaving India in the middle of a massive loan default probe, on Monday appeared to distance himself from an interview that quoted him as having said that time was not 'right' to return to the country.

Mallya's Force India put into administration; Owes Mercedes 13 million euros

Mallya's Force India put into administration; Owes Mercedes 13 million euros

Rediff.com28 Jul 2018

There has been speculation within Formula One that Lawrence Stroll, the billionaire father of Canadian driver Lance, is willing to invest in Force India as part of a move for his son from Williams.

Mallya asked to appear before a Mumbai court on July 29

Mallya asked to appear before a Mumbai court on July 29

Rediff.com29 Jun 2016

Under Section 83 of the CrPC, ED may seek attachment of more of his property.

What about Quattrocchi's escape? Jaitley counters Rahul's attack on Mallya

What about Quattrocchi's escape? Jaitley counters Rahul's attack on Mallya

Rediff.com10 Mar 2016

A combative Rahul Gandhi asked how the govt allowed liquor baron Vijay Mallya, who owes over Rs 9,000 crore to banks, to leave the country.

Mallya went abroad 4 times after 'Look Out' Circular

Mallya went abroad 4 times after 'Look Out' Circular

Rediff.com10 Mar 2016

Beleaguered businessman Vijay Mallya had made at least four trips abroad before his controversial March 2 departure since a look-out notice was issued by CBI on October 16 last to know his movements.

SBI tags Mallya, his 2 firms as wilful defaulters

SBI tags Mallya, his 2 firms as wilful defaulters

Rediff.com22 Nov 2015

Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines

Mallya seen at book launch event attended by India's UK envoy

Mallya seen at book launch event attended by India's UK envoy

Rediff.com18 Jun 2016

The High Commissioner upon seeing Mallya walk in actually at the mid of the event, got up and left

More threat to Mallya's stake in United Spirits

More threat to Mallya's stake in United Spirits

Rediff.com23 Dec 2013

The sale came when Mallya was trapped in a sea of debt, mainly as a result of the losses his now grounded carrier, Kingfisher Airlines, had been piling.

Non-bailable warrant against Mallya in IDBI fraud case

Non-bailable warrant against Mallya in IDBI fraud case

Rediff.com18 Apr 2016

The special court on Monday rejected Kingfisher's plea challenging ED's claim that Rs 430 crore (Rs 4.3 billion) was siphoned off and used to acquire properties abroad.

Vijay Mallya files for permission to appeal against extradition order

Vijay Mallya files for permission to appeal against extradition order

Rediff.com15 Feb 2019

The process, to be heard in the Royal Courts of Justice in London, could take months as the listing of a hearing will depend on the availability of judges and other factors.

I am not a gatecrasher, retorts Mallya after book event row

I am not a gatecrasher, retorts Mallya after book event row

Rediff.com19 Jun 2016

"Never gatecrashed in my life... I am not a gatecrasher and would never be one," Mallya tweeted on Sunday, responding to the claims that he was not among the invitees.

India submits Mallya's extradition paper to his legal team

India submits Mallya's extradition paper to his legal team

Rediff.com1 Aug 2017

The next hearing to assess the progress in the case will be held at Westminster Magistrates' Court on September 14.

What makes Mallya a 'wilful defaulter'?

What makes Mallya a 'wilful defaulter'?

Rediff.com3 Sep 2014

Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.

HC defers hearing on Mallya's plea in cheque bounce cases

HC defers hearing on Mallya's plea in cheque bounce cases

Rediff.com8 May 2015

DIAL has filed four cases against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.

Banks pile pressure on Mallya over airline loans

Banks pile pressure on Mallya over airline loans

Rediff.com6 Sep 2014

Mallya, once known as the "King of Good Times" for his flamboyant lifestyle, has until Friday to appear before an IDBI committee to explain why he should not be declared a "wilful defaulter".

Mallya mulling Kingfisher, Deccan merger

Mallya mulling Kingfisher, Deccan merger

Rediff.com31 Oct 2007

After strong statements to the contrary, UB Group chairman Vijay Mallya on Tuesday said that he was considering the merger of Kingfisher Airlines with budget carrier Simplifly Deccan (earlier Air Deccan), in which the former bought a 26 per cent stake in June. Mallya said Kingfisher had asked consulting firm Accenture to study the integration of the two airlines, including the possibility of a merger.

ED to seize fresh Rs 17,00 crore assets of Mallya

ED to seize fresh Rs 17,00 crore assets of Mallya

Rediff.com11 Nov 2016

The court had, however, rejected ED's request for attachment of the liquor baron's overseas properties

A giant leap for Vijay Mallya

A giant leap for Vijay Mallya

Rediff.com24 May 2007

As an overnight producer of nearly 10 per cent of the world's Scotch whisky, Vijay Mallya has moved to a global liquor arena.