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Ubs Billionaire

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'Gandhi would not have approved of this circus'

UB Group Chairman Vijay Mallya made international headlines last Thursday when he bought Mahatma Gandhi's memorabilia for a whopping $1.8 million from an auction in New York. The New York Times......

Special: How the vote was won

Managing Editor Sheela Bhatt provides an inside view of the behind-the-scenes wheeling and dealing that culminated in the trust vote in Parliament last week. "The glamour of winning the confidence......

UK court denies Mallya nod to appeal extradition

‘The appellant (Mallya) has five business days to apply for oral consideration. If a renewal application is made, it will be listed before a high court judge and dealt with at a......

Banks set to reject Mallya's loan repayment offer

Vijay Mallya, once known as the ‘King of Good Times’, left India on March 2 as Kingfisher's creditor banks stepped up pressure on him.     A group of Indian......

No longer so secret, Swiss banks look to expand after purge

A global tax data sharing programme, which Switzerland is set to implement from 2018, could trigger a fresh round of outflows, especially from emerging market depositors.  Switzerland's......

Companies facing huge debts run by billionaires!

"You only have to do a very few things right in your life so long as you don't do too many things wrong." Warren Buffett  Image: UB Chairman Vijay Mallya. Photograph:Reuters   Warren......

Asian cities dominate top 20 billionaire places

New York City has the world's largest number of billionaires but Asian cities, which include Mumbai, dominate the list of top 20 billionaire places in the world, indicating that the region is at......

Formula One delays $3 bln Singapore IPO on weak markets

Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the......

Mallya wants Indian driver in F1

Indian businessman Vijay Mallya said on Tuesday he wants to bring an Indian driver back into Formula One once he takes over the struggling Spyker team. "An Indian team with an Indian driver would......

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