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Ravi Nedungadi

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Did former PMO, finance minister bailout Vijay Mallya?

The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya’s ailing Kingfisher Airlines against the run of play, e-mails and......

ED issues fresh summons to Vijay Mallya

ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA). Image: Mallya had sought time till April for......

Mallya's loan default case: CBI seeks help of four nations

Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner Expanding its probe into the Rs 7000 crore (Rs 70 billion) loan default by liquor......

Mallya seeks more time to appear before ED

Officials are mulling options and "studying the reply and reasons" cited by Mallya in his communication and will take a final decision soon whether to grant his request or not. Liquor baron Vijay......

CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

Rs 4,000-crore USL funds transfer under scanner

RBI, Enforcement Directorate to see if money was sent to tax haven The Enforcement Directorate (ED) and Reserve Bank of India have launched a probe into the transfer of Rs 4,000 crore (Rs 40......

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