Vijay Mallya

Diageo Wins $135 Million Claim Against Vijay Mallya in UK Court

Business | Press Trust of India | Saturday May 25, 2019

Over and above the $135 million, Vijay Mallya is liable to pay interest incurred at a commercial rate as well as 200,000 pounds towards legal costs.

Government Will Not Share Extradition Details Of Vijay Mallya, Nirav Modi

India News | Press Trust of India | Thursday May 16, 2019

The Ministry of External Affairs has refused to share details on the extradition of fugitive businessmen Vijay Mallya and Nirav Modi, citing an RTI clause barring disclosure of information which would "impede the process of prosecution of offenders".

The Rise Of India's New Billionaires As Business Dynasties Flounder

Business | PR Sanjai and Saritha Rai, Bloomberg | Wednesday May 8, 2019

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

"Devastated" Vijay Mallya Reacts To RCB's Last-Place Finish In IPL 2019

Samrat Chakraborty | Tuesday May 7, 2019

Vijay Mallya also took a sly dig on Royal Challengers Bangalore's (RCB) ever star-studded batting line-up.

UK High Court To Hear Vijay Mallya's Plea On July 2

India News | Press Trust of India | Friday April 26, 2019

Embattled liquor tycoon Vijay Mallya has been allocated July 2 as the date for a brief hearing to convince a High Court judge that he should be given permission to proceed to a full-blown appeal process against his extradition to India to face alleged fraud and money laundering charges amounting to Rs 9,000 crores.

Vijay Mallya Accuses SBI Of Wasting Indian Taxpayers' Money On UK Legal Fees

Business | Press Trust of India | Friday April 19, 2019

Vijay Mallya issued a string of statements on Twitter to allege that the SBI led consortium of PSU banks were wrongly going after him in the UK courts.

"Who Does One Believe?" Vijay Mallya's Swipe At PM Again In Tweet

India News | Edited by Shylaja Varma | Thursday April 18, 2019

Businessman Vijay Mallya, who is wanted in India for defaulting crores in loans to his failed Kingfisher Airlines, took to Twitter again this morning to hit out at Prime Minister Narendra Modi. The fugitive liquor baron said that by PM Modi's assertion that the recovery of assets was higher than the alleged Rs. 9,000 crores he owed.

"My Sympathies To Naresh And Neeta Goyal": Vijay Mallya On Jet Crisis

India News | Edited by Swati Sharma | Wednesday April 17, 2019

Fugitive businessman Vijay Mallya lashed out at the centre for allegedly "discriminating" between state-owned and private airlines, and extended his "sympathies" to Jet Airways founder Naresh Goyal.

Money For NYAY To Come From Pockets Of Fugitive Businessmen: Rahul Gandhi

India News | Press Trust of India | Tuesday April 16, 2019

Congress president Rahul Gandhi Monday said funds for his party's "NYAY" minimum income guarantee scheme will come from the pockets of fugitive businessmen like Vijay Mallya, Nirav Modi and Mehul Choksi.

Vijay Mallya Renews Application For Appeal Against Extradition

India News | Press Trust of India | Friday April 12, 2019

Embattled liquor tycoon Vijay Mallya has submitted a "renewal application" in the UK High Court, making another attempt at appealing against his extradition to India to face fraud and money laundering charges amounting to Rs 9,000 crores.

Vijay Mallya Fails To Delay $40 Million Diageo Claim; Costs Mount In UK

India News | Press Trust of India | Friday April 12, 2019

Even as Vijay Mallya renewed an appeal against his extradition to India, the liquor tycoon suffered another legal setback on Friday in a separate USD 40-million claims case brought by British liquor giant Diageo plc in the UK High Court.

Vijay Mallya Appeal Against UK Extradition Rejected, Verbal Hearing Next

India News | Reported by Radhika Iyer, Edited by Jimmy Jacob | Monday April 8, 2019

Fugitive businessman Vijay Mallya's written appeal against an extradition order passed by a magistrate late last year has been rejected by a High Court judge in the United Kingdom. He will now face an oral hearing on his appeal against the decision.

Beer King Vijay Mallya May Have To Cut $24,000-A-Week Allowance

India News | Thomas Beardsworth, Bloomberg | Thursday April 4, 2019

Vijay Mallya, the ex-billionaire known as the "king of good times" in India, may have to prepare for a bout of relative austerity as he fights multiple lawsuits against creditors.

Vijay Mallya Fights Indian Banks' Attempt To Recover Dues In UK

India News | Press Trust of India | Thursday April 4, 2019

Embattled liquor tycoon Vijay Mallya on Wednesday faced yet another legal battle to prevent a consortium of Indian banks led by State Bank of India (SBI) getting access to nearly 260,000 pounds in a UK bank account.

"Draconian": Vijay Mallya On His Properties Being Seized Under New Law

India News | Press Trust of India | Monday April 1, 2019

Fugitive businessman Vijay Mallya Monday told the Bombay High Court that confiscation of his properties under the newly-enacted Fugitive Economic Offenders Act (FEOA) was draconian and it will not help the creditors.