Tag: Vijay Mallya

UK court orders Vijay Mallya’s extradition to India

UK court orders Vijay Mallya’s extradition to India

A court in the United Kingdom orders Vijay Mallya’s extradition to India today to face charges of financial irregularities running into thousands of crores. The 62-year-old former boss of Kingfisher Airlines has been on bail since his arrest on an extradition warrant in April last year.

Vijay Mallya offers to repay 100% public money back

Vijay Mallya offers to repay 100% public money back

Fugitive liquor businessman and former Member of Parliament Vijay Mallya in a series of tweets on Wednesday said that he is “offering to pay 100%” of the public money back. Saying that while the matter of his extradition will take its own course, he “humbly requests the Banks and Government[Read More…]

Extradition blade hanging, Mallya offers to repay 100% bank money

Extradition blade hanging, Mallya offers to repay 100% bank money

New Delhi: Absconding liquor baron Vijay Mallya, wanted in a Rs 9,000 crore bank loan default case, on Wednesday offered to pay back “100 per cent of the principal amount” as speculations over his extradition were raised after AgustaWestland middleman Christian Michel was brought here for interrogation. His move came[Read More…]

Who is chief architect of Mallya's escape, Congress asks Modi

Who is chief architect of Mallya’s escape, Congress asks Modi

New Delhi, Sep 14 (IANS) The Congress on Friday accused Prime Minister Modi of maintaining “conspiratorial silence on fugitive businessman Vijay Mallya, demanding to know who the “chief architect and protector of his escape” was. Party spokesman Randeep Singh Surjewala demanded an independent probe into the episode and asked: “Who is[Read More…]

Rahul Gandhi demands Jaitley's resignation over Mallya's claim

Rahul Gandhi demands Jaitley’s resignation over Mallya’s claim

Hours after fugitive businessman Vijay Mallya said he met Finance Minister Arun Jaitley before leaving the country, Congress President Rahul Gandhi on Wednesday demanded Jaitley’s resignation. Prime Minister Narendra Modi should order an “independent probe” into the matter, he said. “Given Vijay Mallya’s extremely serious allegations in London, the PM[Read More…]

Jual Oram advises Vijay Mallya’s path to tribals

Jual Oram advises Vijay Mallya’s path to tribals

Hyderabad: As per the Union Minister Jual Oram, the only way for SC’s and ST’s to fulfill their entrepreneurial dreams was by following the Vijay Mallya path. These remarks by the Union Minister came in while he was addressing a gathering at National Tribal Entrepreneurs Conclave 2018 in Hyderabad. Oram[Read More…]

London: Vijay Mallya's extradition hearing today

London: Vijay Mallya’s extradition hearing today

The extradition hearing of wanted tycoon Vijay Mallya is scheduled on Tuesday in London’s Westminster court, who is out on bail on a warrant by India after being arrested in April by Scotland Yard. As per schedule, Britain’s Crown Prosecution Service (CPS) will be arguing on behalf of India at[Read More…]

As slippery as a Mallya

Soon after making it to the headlines for being arrested in London, it took only three hours for businessman Vijay Mallya to bail himself out of custody. Mallya, who has left a number of Indian banks in worries over unpaid loans of about Rs 9,000 crore tied to his now[Read More…]

Vijay Mallya arrested in London

Indian business tycoon Vijay Mallya who is wanted in India for defaulting on loans worth Rs 9,000 crore related to Kingfisher Airlines (KFA) that was suspended in 2012, has been arrested by the Scotland Yard in London on Tuesday. He will be produced before the Westminster Magistrates’ Court. Mallya, who[Read More…]

Vijay Mallya offers one-time settlement to banks

Business tycoon Vijay Mallya, on Friday took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default. “Public-sector banks have policies for one-time settlements. Hundreds of borrowers have settled. Why should this be denied to us?” he tweeted. Public[Read More…]

Why I am being targeted? Mallya asks SC

Business tycoon Vijay Mallya on Thursday asked Supreme Court “Why have I been made the poster boy for loan defaulters?” As his debts mount and his properties stay attached under the Prevention of Money Laundering Act, Mallya accused the judiciary of targetting him, of treating him worse than a terrorist[Read More…]

Evading look-out notice, arms dealer may flee to London   

Evading a look-out notice, Arms dealer Sanjay Bhandari, who was under the scanner of multiple investigating agencies, may have fled the country.  According to a report in The New Indian Express, government sources suspect Bhandari might have reached London via Nepal. If verified, this could invite more embarrassment to the[Read More…]

More trouble! CBI moves extradition request for Vijay Mallya

In fresh trouble fro beleagured businessman Vijay Mallya, the CBI on Monday initiated an extradition request to bring back the former liquor baron from the United Kingdom through a Special Court in Mumbai. The investigative agency secured a non-bailable warrant against Mallya, following it with an extradition request from the[Read More…]

Esteban Ocon joins Force India for 2017 season

French driver Esteban Ocon will race for Force India in the 2017 Formula 1 season after agreeing a ‘multi-year deal’ with the team. A vacancy was created at the Vijay Mallya-backed team with Nico Hulkenberg making a switch to Renault. The 20-year-old, a junior Mercedes driver, made his Formula One[Read More…]

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