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  Indebted Vijay Mallya lives in a mansion worth $15 million in Britain

  April 25, 2016 16:17 IST

  London: Indian liquor baron Vijay Mallya, who owes Rs 9,000 crores to various banks in the country, has been living in a $15 million mansion in England's Hertfordshire county, The Sunday Times reported. The mansion

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  Enforcement Directorate's charges against Vijay Mallya incorrect: Kingfisher tells PMLA court

  April 18, 2016 17:19 IST

  Kingfisher Airlines today moved an application in the special Prevention of Money Laundering Act (PMLA) court here terming as "false and incorrect" Enforcement Directorate's charges against its owner Vijay Mallya that he had siphoned off Rs 430 crore

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  Vijay Mallya takes pay package worth Rs 1.7 cr from US brewery firm

  April 17, 2016 20:07 IST

  London: Beleaguered liquor baron Vijay Mallya got a pay package of over Rs 1.7 crore last year from his US-based brewery firm that itself is struggling for funds and has been served 'default' notices by

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  Vijay Mallya may offer Rs 6,000 crore as revised settlement to banks

  April 14, 2016 16:34 IST

  New Delhi: Beleaguered industrialist Vijay Mallya who is faced with the threat of having his passport revoked, may make a revised settlement offer of Rs. 6000 crore to the banks against the due he owes

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  Lenders to auction 9 logos of Mallya’s Kingfisher to recover dues

  March 30, 2016 14:06 IST

  New Delhi/Mumbai: Tightening the noose around the troubled business tycoon Vijay Mallya, bankers have decided to auction 9 logos of Kingfisher to recover an outstanding loan of Rs 9,000 crore. According to a report in

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  Vijay Mallya offers to repay Rs 4,000 cr to banks by September

  March 30, 2016 15:24 IST

  iquor baron Vijay Mallya today made an offer to repay Rs 4,000 crore by September 2016 to banks against an outstanding loan of Rs 9,000 crore.

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  Vijay Mallya brought terrible name to India Inc: Arun Jaitley

  March 22, 2016 10:20 IST

  Mumbai: Union Finance Minister Arun Jaitley on Monday said the behaviour of liquor baron Vijay Mallya, the chairman of grounded Kingfisher Airlines and who has defaulted on Rs 9,000 crore repayment to 17 banks, has

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  Banks to auction Vijay Mallya's Kingfisher House today

  March 17, 2016 9:19 IST

  New Delhi: Lenders to the now defunct Kingfisher Airlines will auction one of promoter Vijay Mallya's flagship properties, Kingfisher House, in Mumbai, on Thursday. Last month, the SBI-led bank consortium decided to auction Kingfisher House

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  Being ‘hunted’ by media but won’t speak to them: Vijay Mallya

  March 13, 2016 11:58 IST

  New Delhi: Beleaguered industrialist Vijay Mallya, who is believed to have fled the country as he faced pressure from banks to repay more than US$1bn (£700m) owed by his collapsed Kingfisher Airlines, has re-emerged. 'I

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  ED summons Vijay Mallya, asks him to appear within a week

  March 11, 2016 17:39 IST

  Issuing summons to beleaguered business tycoon Vijay Mallya, the Enforcement Directorate (ED) today beckoned the liquor baron to appear before its investigators by March 18th as part of its probe in the alleged loan defaults by his group.

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  Plea in SC to stop Vijay Mallya, but reports say he’s already left India

  March 09, 2016 10:38 IST

  upreme Court will today hear a plea by the consortium of 13 banks led by the SBI seeking to restrain beleaguered liquor baron Vijay Mallya from leaving the country. But Mallya is believed to have left for a foreign destination a few days ago.

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  Mallya blames media for defaming him, says 'I am not an absconder'

  March 07, 2016 7:13 IST

  Bengaluru: Under fire for his alleged role in huge unpaid loans of now defunct Kingfisher Airlines, beleaguered industrialist Vijay Mallya on Sunday blamed media for spoiling his reputation and sought to clarify why his dream

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  Kingfisher Airlines lenders to move Debt Recovery Tribunal

  February 29, 2016 7:26 IST

  New Delhi: The consortium of 17 lenders to the long-grounded Kingfisher Airlines have decided to move the Debt Recovery Tribunal (DRT) against the airline chairman Vijay Mallya to stake claim to the $75-million severance package

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  Will start thinking retirement after hitting 60: Vijay Mallya

  November 24, 2015 21:46 IST

  Bengaluru: USL Chairman Vijay Mallya today said he will not retire from the company's board anytime soon, but would start thinking about it when he turns 60."I am not retiring quite yet, but as I

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  CBI likely to file more FIRs into Kingfisher loans

  October 12, 2015 21:09 IST

  New Delhi: CBI is likely to register more FIRs into alleged loan defaults of Kingfisher even as it plans to expand its probe to look into the allegations of diversion of about USD 200 million

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  CBI searches Mallya houses Kingfisher offices: files case

  October 11, 2015 9:16 IST

  New Delhi/Bengaluru/Panaji: Tighetening the noose around the flamboyant business tycoon Vijay Mallya, the CBI on Saturday searched his residences and Kingfisher offices in connection with a Rs.900 crore loan default case.The loan, provided by state-run

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  United Bank says lost hope to recover money from Kingfisher

  May 25, 2015 14:51 IST

  Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.Interestingly, the Kolkata-based lender was

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  Diageo asks Vijay Mallya to quit USL board; alleges fund diversion

  April 25, 2015 22:13 IST

  New Delhi: Alleging fund diversion to Kingfisher and other UB group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as Chairman and Director of the Indian liquor firm, a demand

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  Vijay Mallya's prized jet sold to scrap dealer, torn down to recover dues

  April 16, 2015 12:10 IST

  New Delhi: In an unsual ending to what once was UB Group chairman Vijay Mallya's royal flavour, a midsize jet belonging to him was auctioned by Mumbai International Airport Ltd (MIAL) to a local scrap

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  Kingfisher, UB Engineering shares tumble 5%

  November 10, 2014 14:41 IST

  Mumbai: Shares of Kingfisher Airlines and UB Engineering fell as much as five per cent today after top exchanges — BSE and NSE — announced suspension of trading in the shares of these firms from