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  Fresh blow to Vijay Mallya: SEBI bars fugitive liquor baron from securities trading for 3 years

  Business | July 26, 2024 22:09 IST

  The Securities Exchange Board of India (SEBI) has barred fugitive liquor baron Vijay Mallya from trading in India's securities market for three years. SEBI also froze Mallya's existing holdings, including units of mutual funds.

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  SBI-led bank consortium gets Rs 792cr by sale of Kingfisher Airlines' shares in Vijay Mallya case

  Business | July 16, 2021 18:57 IST

  The Enforcement Directorate claimed that the banks and the government exchequer have realised 58 per cent out of the total fraud perpetrated in two of the country's biggest criminal bank loan heist cases till date.

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  Vijay Mallya takes swipe at NDA govt over PSU banks' UK court pursuit

  India | April 19, 2019 10:45 IST

  In his latest Twitter intervention, the 63-year-old former Kingfisher Airlines boss made another reference to Prime Minister Narendra Modi's interview last month in which he had claimed that the government has recovered assets worth Rs 14,000 crores related to the now-defunct airline's loan defaults.

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  No laxity in dealing with loan default by Mallya’s Kingfisher Airlines: SBI

  Business | September 14, 2018 20:17 IST

  The clarification from India’s biggest lender came after reports suggested that the bank, which was the lead lender to Kingfisher Airlines, was in February 2016 advised to move the Supreme Court to stop Mallya from fleeing the nation.

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  Vijay Mallya's 'great escape' was aided by CBI, says Rahul Gandhi

  India | September 14, 2018 13:47 IST

  Rahul Gandhi said the CBI changed the status of the lookout notice against Mallya and claimed that the PM was aware of it.   

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  Vijay Mallya to return for extradition hearing in UK court today

  India | July 31, 2018 8:19 IST

  Mallya is fighting extradition to India on charges of fraud and money laundering amounting to around Rs 9,000 crores.

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  Recovered Rs 963 crore from auction of Vijay Mallya's Indian assets: SBI

  Business | July 07, 2018 17:15 IST

  A British court had allowed the Indian banks to search and seize the properties owned by Vijay Mallya. The Indian banks are working in sync with the UK authorities on this.

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  Mallya wants to 'settle with banks', says 'CBI, ED moving aggressively to recover bank loans is unprecedented'

  India | June 26, 2018 15:39 IST

  Vijay Mallya, who sneaked out of India in March 2016, said he has become the "poster boy" of bank default.

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  Vijay Mallya case: 'Obvious' Indian banks broke rules, says UK judge

  Business | March 17, 2018 9:51 IST

  Judge Emma Arbuthnot described the case as a "jigsaw puzzle" with different pieces of "massive evidence" to be put together to paint a picture.

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  UK court allows three-fold increase in Vijay Mallya’s weekly allowance

  Business | February 14, 2018 23:28 IST

  Vijay Mallya’s defence team has deposed a series of expert witnesses to claim he had no fraudulent intentions and that he is unlikely to get a fair trial in India.

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  Vijay Mallya loses court battle linked to Kingfisher Airlines in UK, told to pay Rs 579 crore

  Business | February 12, 2018 17:15 IST

  The legal claim relates to a leasing agreement between Kingfisher Airlines and aircraft leasing company BOC Aviation involving four planes, of which three were delivered.

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  Vijay Mallya's defence questions impartiality of Indian judicial system, media

  Business | December 11, 2017 23:29 IST

  Last week, the defence claimed that a consortium of Indian banks led by SBI had rejected an offer by the liquor baron in early 2016 to pay back nearly 80 per cent of the principle loan amount owed to them.

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  Vijay Mallya arrives in London court as extradition trial resumes

  Business | December 11, 2017 16:42 IST

  Lawyers for Mallya have been granted an extension to respond to that case due to his ongoing extradition trial, expected to conclude on Thursday.

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  Extradition case: Mallya misled banks, misused loans; has prima facie case, India tells UK court

  Business | December 05, 2017 10:29 IST

  The CPS detailed "three chapters of dishonesty" by the former Kingfisher boss -- the first being misrepresentations to various banks to acquire the loans, then how he misused the money and finally his conduct after the banks recalled the loans.

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  In crackdown on Mallya's Kingfisher, officials, directors now under scanner for violations

  Business | October 08, 2017 17:26 IST

  Sources said the probe agency has red-flagged a slew of violations of companies law by Mallya, Kingfisher Airlines and officials, including serious corporate governance lapses

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  ‘Prime mover’ Mallya used IDBI loan for Kingfisher Airlines to fund F1 race team, says ED

  June 14, 2017 22:19 IST

  The ED filed the chargesheet a day after the Westminster Magistrates Court in London granted Mallya bail till December 4 in the extradition case.

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  Timeline of Vijay Mallya case

  April 18, 2017 18:10 IST

  According to the CBI, Mallya was arrested on the basis of the probe agency’s formal extradition request which it had sent to the Britain in February this year.

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  The many controversies of Kingfisher owner Vijay Mallya

  April 18, 2017 17:04 IST

  Mallya, whose now-defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks, had fled India on March 2, 2016.

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  ‘Faulty’ Pratt and Whitney engines reason for Kingfisher Airlines failure, tweets Mallya

  March 03, 2017 15:46 IST

  Beleaguered loan defaulter and fugitive Vijay Mallya has now come up with a new assertion, alluding the reason behind the failure of Kingfisher Airlines business to faulty engines. In a tweet today, Mallya blamed “faulty”

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  Manmohan, Chidambaram deny BJP allegation of favouring Mallya

  Politics | January 30, 2017 21:40 IST

  BJP today accused Manmohan Singh led UPA government of helping beleaguered industrialist Vijay Mallya in availing him bank loans for his now-grounded Kingfisher Airlines, a charge rejected by the former Prime Minister.