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You Searched For "Vijay Mallya Debt" and got 20 results


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Jail time awaits Vijay Mallya even as he tries his best to stall extradition — a timeline of his downfall

India’s most wanted borrower Vijay Mallya is filing appeal after appeal to stall his extradition ba…

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2 mins read

Mallya now appeals to overturn London High Court's bankruptcy order

Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeal…

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1 min read

UK court allows Indian banks to collect claims worth $1.55 billion from tycoon Vijay Mallya

The prosecution, which was representing the banks, successfully argued that Mallya “willfully …

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1 min read

Lost hopes! SBI expects to recover only part of Kingfisher loans

"There are no takers for the Kingfisher Airlines brands which are valued (at) Rs 7-315 crore." a se…

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1 min read

Banks see another Vijay Mallya in Alok Industries, look to recover Rs 20,000 crore

The banks in India are looking to trace the use of loans. A forensic audit of Alok Industries will …

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1 min read

Vijay Mallya makes another attempt, this time he is offering Rs 6,000-crore settlement

Mallya is now offering to make Rs 6,000 crore settlement offer to banks, which are looking to recov…

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1 min read

Vijay Mallya to disclose assets, fly back to India as banks reject settlement offer

Not only this, the apex court has also sought reply on when Mallya would appear personally in the c…

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1 min read

To recover dues, Kingfisher Airlines’ logo will also go under hammer

“This is part of the 'sale of trademarks including the brand value of 'Kingfisher logo,” it stated.…

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1 min read

UK refuses to deport debt-laden Vijay Mallya, money lenders grope in dark

Britain said it could consider an extradition request for him. "The UK government has informed us …

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1 min read

SC issues notice to Vijay Mallya, asks to respond within four weeks

In his statement, the Attorney General added that Mallya is accountable to the public money that he…

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1 min read

Vijay Mallya's Rs 4,000-crore offer doesn't impress banks; don’t want any terms or conditions

The 17 lenders are looking for a repayment of over Rs 9,000 crore, whereas Mallya offered Rs 4,000 …

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1 min read

This one step by RBI led Vijay Mallya to lend huge amount

As per a report by Economic Times, banks restructured loans after RBI’s nod and an independent agen…

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1 min read

These are the 14 MPs that have ever been expelled from the Parliament. Know why

The latest on this is that Mallya, who is a Rajya Sabha member, is likely to be expelled from the p…

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1 min read

Vijay Mallya - the escapee who didn't escape, apparently

Now they're trying to get him to return. #GharWapsi with a twist, eh?

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1 min read

UB says Kingfisher Airlines’ logo only for aviation, warns of legal challenges

The Kingfisher Airlines’ logo would be sold with other trademarks like Fly Kingfisher, the logo of …

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1 min read

‘You have blood on your hands’, employees of Kingfisher Airlines write to Mallya as he owes Rs 300 crore in salary

While many of the employees have changed their jobs, the ground staff, technicians and engineers ar…

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1 min read

Another name appears in witch-hunting by banks; diamond house Winsome Group under Rs 6, 800 crore debt

In 2013, two Winsome Group companies, a diamond house, defaulted with 14 banks and created a debt o…

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1 min read

This is what Vijay Mallya has taught Sebi

As per the new clause, the company would require to inform the stock exchanges within one worki…

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1 min read

Vijay Mallya debt fiasco comes to some good use for Indian business schools

"This is a live case study for us and we have to build our arguments based on limited resources. A …

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Defaulters must not flaunt money: Raghuram Rajan's veiled snide at Vijay Mallya for celebrating 60th birthday in style in Goa

"If you are in trouble, you should be cutting down your expenses," said Rajan in what appeared to b…