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Vijay Mallya News
Sebi bars Vijay Mallya from accessing markets; can't hold directorship in any company
Wed, Jan 25, 2017
Securities and Exchange Board of India (Sebi) on Wednesday announced seven names of people including Kingfisher Airlines owner Vijay Mallya who have been restrained from accessing the stock markets on account of fund diversions or improper transactions in the United Spirits Limited (USL).
Kingfisher tycoon Vijay Mallya charged in loan default case: CBI
Tue, Jan 24, 2017
The Central Bureau of Investigation on Tuesday charged Vijay Mallya, the liquor and aviation tycoon, with having misappropriated a 9 billion rupee ($132 million) loan granted by a government-owned bank, a CBI spokesman said.
Mallya loan default case: Ex-IDBI Bank chairman among 8 arrested
Tue, Jan 24, 2017
UB Group issued a statement in Bengaluru confirming the visit of CBI team.
Recover Rs 6200 crore from Vijay Mallya, DRT tells bank consortium
Thu, Jan 19, 2017
In November, CBI had initiated an extradition request to bring him back from Britain through a special court in Mumbai.
Respond to banks' plea on $40 million transfer: SC to Vijay Mallya
Wed, Jan 11, 2017
Acting on banks' allegations that liquor baron Vijay Mallya had transferred $40 million (nearly Rs 266.11 crore) to his children in "flagrant violation" of various judicial orders, the Supreme Court (SC) on Wednesday asked him to file his response on the matter in three weeks.
Banks to again auction Kingfisher House,Villa at lower prices this week
Sun, Dec 18, 2016
Two plush properties belonging to troubled businessman Vijay Mallya, Kingfisher House in the city and Kingfisher Villa in north Goa, will be re-auctioned this week by the 17-lender consortium at lower reserve prices compared to the failed previous three auctions.
If we release data, it will create ''chaos'' in India: Legion
Mon, Dec 12, 2016
"Legion wasn`t even interested in `political data` until a few weeks ago. ...the group was in possession of several terabytes of raw data concerning all sorts of `interests` and that within that trove the hackers had identified gigabytes worth of information relating to Indian public figures," the report quoted the user marked LC from "Legion Crew" as saying.
Vijay Mallya's Twitter account hacked
Fri, Dec 09, 2016
A group called ‘Legion’ tweeted from Vijay Mallya’s account on Friday, giving details of his whereabouts in London along with his phone number and assets held with several banks.
Lenders lower Kingfisher Villa price by 5%; reauction on December 22
Mon, Dec 05, 2016
Lenders to the defunct Kingfisher Airlines have decided to again put up for auction on December 22 the plush sea-facing Kingfisher Villa at Condolim in north Goa at a marginal discount of 5 per cent to the last reserve price.
Bankers seeks criminal action against Vijay Mallya, other 'defaulters'
Mon, Dec 05, 2016
The All India Bank Employees Association (AIBEA) has demanded that criminal action be initiated against around 8,000 loan defaulters including beleaguered businessman Vijay Mallya.
Vijay Mallya files plea in Karnataka HC for recalling contempt order
Sat, Nov 26, 2016
Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court (HC) for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
Kingfisher House to go on auction for 3rd time on Dec 19, reserve price at Rs 115 crore
Sat, Nov 26, 2016
The 17-lender consortium to the defunct Kingfisher Airlines has again put on sale its erstwhile headquarters, Kingfisher House, but with a 15% reduction in the reserve price.
Tata Motors, Kingfisher owe over Rs 1000 crore each in indirect tax
Fri, Nov 25, 2016
Vijay Mallya-promoted Kingfisher Airlines, now defunct, owes Rs 1,012.96 crore in service tax and penalty.
Enforcement Directorate seizes fresh Mallya assets worth over Rs 1600 crore
Fri, Nov 11, 2016
With a special Prevention of Money laundering Act (PMLA) court allowing its plea for further attachments, Enforcement Directorate (ED) has seized under CrPC laws fresh assets worth Rs 1,620 crore of liquor baron Vijay Mallya in connection with its money laundering case against him and others.
Karnataka High Court asks Vijay Mallya to appear on Nov 24
Fri, Oct 21, 2016
The Karnataka High Court on Thursday summoned beleaguered liquor baron Vijay Mallya to appear before it on November 24 for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya
Thu, Sep 29, 2016
Beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.
Mallya's jet to be re-auctioned; HC allows claimant to withdraw Rs 27 crore bid
Tue, Sep 27, 2016
The Bombay High Court today allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.
Former Kingfisher Airlines CFO A Raghunathan gets 18-month jail in cheque bounce cases
Thu, Sep 22, 2016
Former chief financial officer (CFO) of the grounded carrier Kingfisher Airlines, A Raghunathan, was on Thursday sentenced to 18-month imprisonment by a court in Hyderabad in connection with two cheque bounce cases filed against him and businessman Vijay Mallya by GMR Hyderabad International Airp
Vijay Mallya flew away just like 'Kingfisher' bird: Bombay HC
Mon, Sep 19, 2016
The Bombay High Court on Monday observed that businessman Vijay Mallya aptly named his company 'Kingfisher', as like the bird of the same name he too flew away without bothering about boundaries.
Mallya’s Goa villa, cars up for grabs at Rs 85 crore
Tue, Sep 13, 2016
The 17 bank consortium led by State Bank of India will be auctioning embattled businessman, Vijay Mallya’s Goa villa at a reserve price of Rs 85.29 crore.