Kingfisher Airlines

Vijay Mallya's Extradition Cleared By UK; Will Appeal, Says Liquor Baron

India News | Reported by Radhika Iyer, Edited by Anindita Sanyal | Tuesday February 5, 2019

Fugitive liquor baron Vijay Mallya will be extradited to India to face trial for alleged fraud and money laundering amounting to Rs 9,000 crore, UK's home secretary Sajid Javed has decided. The order for his extradition was signed on Mondayfollowing India's request.

Winding Up Of United Breweries Holdings: Court To Hear Case on Thursday

Karnataka News | Press Trust of India | Tuesday December 18, 2018

The Karnataka High Court on Monday adjourned the hearing to December 20 on a plea which sought not to wind up liquor baron Vijay Mallya-linked UBHL and give the company an opportunity to clear the debts related to his defunct Kingfisher Airlines Limited.

"Fraud Unacceptable": Nitin Gadkari Clarifies On Vijay Mallya Comment

India News | Edited by Jimmy Jacob | Friday December 14, 2018

A day after kicking up a storm by pointing out the alleged unfairness of tagging fugitive businessman Vijay Mallya as a thief over a "one-time loan default", Union Minister Nitin Gadkari today chose to deflect criticism by accusing the media of taking his remarks out of context.

"Who Leaves With 300 Bags?": Probe Agency On Vijay Mallya

India News | Press Trust of India | Wednesday December 12, 2018

Who goes to attend a meeting with "300 bags", the Enforcement Directorate or ED asked Vijay Mallya's lawyer in a special court in Mumbai on Wednesday, countering the claim that the liquor baron had left India in March 2016 only to attend an event in Geneva and did not run away from the country.

"Bejewelled, Billionaire Playboy," Was How UK Court Described Vijay Mallya

India News | Edited by Deepshikha Ghosh | Monday December 10, 2018

Fugitive businessman Vijay Mallya was described as a "bejeweled, flashy, ostensibly billionaire playboy", by a UK court that today ordered his extradition to India to stand trial.

Vijay Mallya To Be Extradited Rules London Court: 10 Points

India News | Reported by Radhika Iyer, Edited by Deepshikha Ghosh | Monday December 10, 2018

Fugitive tycoon Vijay Mallya can be extradited to India to face fraud investigations, a court in the UK ruled today. Vijay Mallya is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines. There was no sign of a false case being mounted against him, UK judge Emma Arbuthnot said. Calling it a great day for India,...

Highlights: I Do Regret The Long Process, Says Vijay Mallya After Extradition Verdict

India News | Edited by Ridhima Shukla | Monday December 10, 2018

Fugitive tycoon Vijay Mallya who is wanted in India for alleged default on Rs 9,000 crore loans for Kingfisher airlines faced hearing in a Britain court which ruled that he should be extradited to India.

Vijay Mallya In UK Court For Decision On Return To India: 10 Points

India News | Reported by Radhika Iyer, Edited by Deepshikha Ghosh | Monday December 10, 2018

Whether fugitive tycoon Vijay Mallya will be extradited to India to face fraud investigations is likely to be decided by a court in the UK today. He is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines. He repeated to reporters that he was ready to repay 100 per cent the principle that he owes -- an offer h...

UK Court May Decide On Vijay Mallya's Extradition Today: 10 Points

India News | Reported by Radhika Iyer, Edited by Anindita Sanyal | Monday December 10, 2018

A court in UK is expected to decide today whether fugitive tycoon Vijay Mallya will be extradited to face trial in India. The 62-year-old chief of the defunct Kingfisher Airlines is wanted for alleged fraud and money laundering amounting to Rs 9,000 crore. Vijay Mallya has argued that the case is politically motivated and appealed against extraditi...

Indian Banks To Sell Vijay Mallya's Fleet Of Cars In UK To Recover Loans

India News | Press Trust of India | Friday October 19, 2018

A UK High Enforcement Officer is set to sell a fleet of Vijay Mallya's cars in the UK as part of efforts to recover loan repayment dues owed by the beleaguered liquor baron to a consortium of 13 Indian banks, the banks' legal representative confirmed on Friday.

Vijay Mallya's 2 Personal Helicopters Auctioned For Over Rs 8 Crore

India News | Indo-Asian News Service | Thursday September 20, 2018

A Delhi-based company, Choudhary Aviation, had bought two helicopters of fugitive business tycoon Vijay Mallya in an e-auction conducted by the Debt Recovery Tribunal (DRT-II) in Bengaluru, a company official said on Wednesday.

Bank Officials Who Loaned To Vijay Mallya May Be Charged Soon: Sources

India News | Press Trust of India | Sunday September 16, 2018

Many senior bank officials who had dealt with loans given to liquor baron Vijay Mallya's Kingfisher Airlines may be named as accused in a CBI charge sheet which is likely to be filed within a month, sources said.

Sonia Gandhi, Rahul Gandhi Flew Free In Vijay Mallya's Airline: BJP

India News | Press Trust of India | Friday September 14, 2018

Firing a fresh salvo on the Vijay Mallya issue, the BJP on Friday alleged that the Congress-led government had "raised and protected" the fugitive businessman and Rahul Gandhi and Sonia Gandhi had flown free of cost in his airlines in exchange for bank loans given to him.

Taking Strong Measures To Recover Dues From Vijay Mallya, Says SBI

India News | Press Trust of India | Friday September 14, 2018

The country's biggest lender State Bank of India (SBI) today said there was no laxity on its part in dealing with loan default by now defunct Kingfisher Airlines of fugitive liquor baron Vijay Mallya.

PM Behind Vijay Mallya's "Great Escape": Rahul Gandhi's Direct Attack

India News | Edited by Deepshikha Ghosh | Friday September 14, 2018

Rahul Gandhi today took direct aim at Prime Minister Narendra Modi and accused him of a role in fugitive businessman Vijay Mallya's "Great Escape". The Congress president implied in a tweet that the CBI's move to dilute a lookout notice against Mr Mallya was sanctioned by the PM.