Vijay Mallya

British beverages company wins USD 175 million claim against Vijay Mallya

Beverages giant Diageo claimed that that Mallya, his son Sidhartha and two companies associated with them are liable for repayment of funds dating back to the company's claiming stake of USL.

published on : 24th May 2019

MEA refuses to share details on extradition of fugitive businessmen Vijay Mallya, Nirav Modi

In a reply to an RTI query, it said requests for extradition of Mallya and Modi have been sent to the UK government.

published on : 15th May 2019

Vijay Mallya settles for more time to pay off mortgage loan for London home

The bank had sought possession of the 63-year-old businessman's plush Cornwall Terrace apartment over the non-payment of a 20.4-million pounds loan and a trial in the case was due last week.

published on : 15th May 2019

The rise of India's new billionaires (and the fall of the old)

India is going through one of the greatest periods of wealth creation -- and destruction -- all at the same time.

published on : 8th May 2019

Vijay Mallya's extradition: UK High Court to hear liquor tycoon's plea on July 2

On June 2, Mallya's legal team and the Crown Prosecution Service will go head to head to reiterate factors for and against the businessman's extradition to Arthur Road Jail in Mumbai.

published on : 26th April 2019

Declaring me fugitive offender is like giving 'economic death penalty': Vijay Mallya tells Bombay HC

Mallya made his statement through his counsel during arguments on his plea challenging several provisions of the Fugitive Economic Offenders Act that came into existence in August last year.

published on : 24th April 2019

Vijay Mallya asks SBI to disclose 'legal fees' spent to recover funds

Mallya also accused the SBI Lawyers representing SBI in the UK of 'making presentations on their accomplishments against him' at the 'cost of Indian taxpayers' money'.

published on : 19th April 2019

Vijay Mallya laments 'airline karma' in message for cash-strapped Jet Airways

The former Kingfisher Airlines boss took yet another swipe at the media as well, claiming every offer he makes to pay back funds owed by his now-defunct Kingfisher Airlines.

published on : 17th April 2019

Vijay Mallya fails to convince UK court to dismiss Indian banks' attempt to recover dues

The funds in the account will meanwhile remain frozen as part of the worldwide freezing order in favour of the Indian banks last year.

published on : 17th April 2019

Mallya's Rs 35,000 crore question to Modi: You saved Air India, why not Jet? 

Last month, Mallya had urged the banks to take his money and save the cash-strapped Jet Airways.

published on : 17th April 2019

Vijay Mallya fails to delay USD 40mn Diageo claim, legal costs mount in UK

Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming USD 40 million paid to him as part of an alleged breach of agreement.

published on : 12th April 2019

Vijay Mallya’s appeal against extradition rejected by UK High court

The 62-year-old former Kingfisher Airlines boss is wanted in India on alleged fraud and money laundering charges amounting to about Rs 9,000 crore.

published on : 8th April 2019

From Rs 17 lakh to Rs 7 lakh per week: Broke Mallya to cut down expenses by 60 per cent

Mallya’s lawyers told State Bank of India that their client is willing to cut his spending to 29,500 pounds a month. He is currently spending about 18,300 pounds a week.

published on : 4th April 2019

Vijay Mallya fights Indian banks' attempt to recover dues in UK

At a hearing before Master David Cook at the Queen's Bench Division of the court, Mallya's legal team sought a dismissal of the interim order.

published on : 3rd April 2019

Confiscating properties draconian, will not help creditors: Mallya counsel tells Bombay HC

As per provisions of the Act, once a person is declared a fugitive, his properties can be confiscated by the prosecuting agency, Enforcement Directorate (ED).

published on : 1st April 2019
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