loan default case

Value of Vijay Mallya's British mansion is around Rs 100 crore!

Indian liquor baron Vijay Mallya, who owes Rs. 9,000 crores to various banks in the country, has been living at a $15 million mansion (around Rs 100 crore at INR-USD rate of 66.5275) in England`s Hertfordshire county.

Apr 25, 2016, 13:01 PM IST

Government revokes Vijay Mallya's passport; deportation may follow next

The Ministry of External Affairs has revoked Vijay Mallya's passport, announced the spokesperson of India foreign office. The founder of Kingfisher Airlines is alleged to have defaulted on loans of over Rs 9,000 crore to a consortium of banks. 

Apr 24, 2016, 10:20 AM IST

Forcing Mallya to come back to India is bad strategy: Mohandas Pai

Forcing beleaguered businessman Vijay Mallya, who owes over Rs 9,000 crore to several banks, to come back to India is a "bad strategy", says tech investor T V Mohandas Pai, who favours a negotiated settlement

Apr 22, 2016, 18:07 PM IST

Vijay Mallya will be brought home to 'face justice', says government

MEA has said that it has received received request from ED regarding deportation of Vijay Mallya

Apr 22, 2016, 16:39 PM IST

Billionaire Vijay Mallya pocketed salary, perks as Rajya Sabha MP

Liquor baron Vijay Mallya may be a billionaire, but he did not hesitate to claim amounts as little as Rs 20,000 as perks to which he was entitled to as a Rajya Sabha MP, a reply to an RTI querry has revealed.

 

Apr 22, 2016, 15:24 PM IST

Loan default case: SFIO gives time to Vijay Mallya till May to appear for hearing

Zee Media Bureau

New Delhi: Serious Fraud Investigation Office or SFIO has given time to Vijay Mallya till May to appear personally  for hearing.

Apr 22, 2016, 14:57 PM IST

Enforcement Directorate asks MEA to deport Vijay Mallya

ED asks MEA to deport Mallya

Apr 21, 2016, 18:50 PM IST

ED seeks Vijay Mallya's deportation; writes to MEA

The agency has written to MEA and will also soon write to the CBI to get an Interpol Red Corner Notice (RCN) issued against the Rajya Sabha MP to get him arrested, based on the NBW directed by a Mumbai court.

Apr 21, 2016, 15:14 PM IST

Will Vijay Mallya disclose his total assets before SC today?

Vijay Mallya was earlier directed by the Supreme Court to disclose by April 21 the total assets owned by him and his family in India and abroad.

Apr 21, 2016, 09:12 AM IST

Banks need to ensure no defaulter manages to get away: Arun Jaitey

Amid a raging row over recovery of soured debt from tycoon Vijay Mallya, Finance Minister Arun Jaitley on Wednesday said it was responsibility of banks to ensure no defaulter manages to get away.

Apr 20, 2016, 18:57 PM IST

No relief to Vijay Mallya; court rejects KFA's plea seeking rebuttal of ED's charges

Special court has rejected Kingfisher Airlines' plea to not to pronounce any retrograde order against Vijay Mallya, as sought by ED in Prevention of Money Laundering Act.

Apr 18, 2016, 16:12 PM IST

Court's order on ED's plea seeking non-bailable warrant against Vijay Mallya today

The Prevention of Money Laundering Act (PMLA) court in Mumbai will pronounce its order on Enforcement Directorate's (ED) plea for the non-bailable warrant (NBW) against liquor baron Vijay Mallya in a money laundering case.

 

Apr 18, 2016, 12:37 PM IST

ED’s charges against Vijay Mallya shocking, says UB Group

Rejecting the charge that Vijay Mallya siphoned off nearly Rs 430 crore from the loan extended to Kingfisher Airlines by IDBI bank for acquiring property abroad., the UB Group said it would provide full details of foreign exchange remittances in the next few days.

Apr 18, 2016, 10:11 AM IST

Big blow to Vijay Mallya: RBS to terminate banking services to Kingfisher Beer Europe

Beleaguered businessman Vijay Mallya's troubles with lenders do not seem to be limited to India, with the global banking major RBS planning to terminate next month a credit line and all other banking services provided to his European beer venture.

Apr 17, 2016, 15:38 PM IST

PMLA court to pronounce order on plea seeking NBW against Vijay Mallya on April 18

In the latest, Prevention of Money Laundering Act (PLA) court has said that it will pronounce order on Non Bailable Warrant (NBW) against Vijay Mallya on April 18

Apr 16, 2016, 17:26 PM IST

Breaking News - Vijay Mallya's Passport Suspended

Absconding business tycoon Vijay Mallya's passport has been suspended on the request of ED

Apr 15, 2016, 19:50 PM IST

Vijay Mallya's passport suspended; ED seeks non-bailable warrant against him

Government on Friday suspended the passposrt of Vijay Mallya, whose Kingfisher Airlines has defaulted on loans of over Rs 9,400 crores and who has been defying Enforcement Directorate summons, and even threatened to revoke it.

Apr 15, 2016, 18:34 PM IST

Disclose all your assets by April 21, tell us when you will return to India: SC to Vijay Mallya

The court also asked Vijay Mallya to disclose all the assets held by his wife and children and indicate the date when he can appear before it in person.

Apr 07, 2016, 15:43 PM IST

SC directs Vijay Mallya to disclose assets by Apr 21, banks reject his loan repayment offer

The Supreme Court on Thursday directed beleaguered liquor baron Vijay Mallya to disclose to it all his assets -- movable and immovable and tangible and intangible -- and other interests in India and abroad by April 21.

 

Apr 07, 2016, 11:10 AM IST