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Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

The plush sea-facing Kingfisher Villa at Condolim in north Goa will once again be put up for auction on December 22 as decided by the lenders to the now defunct Kingfisher Airlines.

Service Tax Dept to auction Vijay Mallya's luxury personal jet on November 28-29

Service Tax Dept to auction Vijay Mallya's luxury personal jet on November 28-29

In its bid to recover around Rs 535 crore due from beleaguered businessman Vijay Mallya, the Service Tax Department is looking at having more participation when it reauctions his luxury personal jet on November 28-29.

Kingfisher House goes on sale 3rd time, reserve price down 15%

The 17-lender consortium to the defunct Kingfisher Airlines has again put on sale its erstwhile headquarters, Kingfisher House, but with a 15 per cent reduction in the reserve price.

Vijay Mallya files plea for recalling contempt order

Vijay Mallya files plea for recalling contempt order

Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court 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.

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors and Kingfisher Airlines are among the four companies that owe over Rs 1,000 crore in indirect taxes to the exchequer, Parliament was informed on Friday.

Supreme Court to hear detailed affidavit on Vijay Mallya assets today

Supreme Court to hear detailed affidavit on Vijay Mallya assets today

The Supreme Court will hear the detailed affidavit about the assets of liquor baron Vijay Mallya on Thursday.

CBI secures non-bailable warrant against Vijay Mallya, moves extradition request

CBI secures non-bailable warrant against Vijay Mallya, moves extradition request

The investigative agency secured a non-bailable warrant against Mallya, following it with an extradition request from the Special Court, to competent authorities in the United Kingdom, CBI sources said.

Maharashtra 'safai' worker writes to SBI seeking loan waiver like Vijay Mallya

Maharashtra 'safai' worker writes to SBI seeking loan waiver like Vijay Mallya

Just after the controversy arose over State Bank of India (SBI) reportedly writing off loans worth Rs 7,000 crore, including that of Vijay Mallya-promoted Kingfisher Airlines, a letter has been written to the public sector lender by a sanitation worker in Nashik asking for a “similar”waive off on his Rs 1.5 lakh loan.

Karnataka HC orders winding up of Vijay Mallya's Kingfisher Airlines Ltd

Karnataka HC orders winding up of Vijay Mallya's Kingfisher Airlines Ltd

In yet another jolt to beleaguered liquor baron Vijay Mallya, the Karnataka High Court on Friday ordered winding up of his now-defunct Kingfisher Airlines Limited for non-payment of dues to a UK-based firm.

 Govt serious about bringing back Vijay Mallya: Rajya Sabha informed

Govt serious about bringing back Vijay Mallya: Rajya Sabha informed

The government is serious about bringing back Lalit Modi and Vijay Mallya, who are facing various allegations, to India, Rajya Sabha was informed on Thursday.

SBI Rs 7,000 crore loan 'write off' not a loan waiver: Arun Jaitley

SBI Rs 7,000 crore loan 'write off' not a loan waiver: Arun Jaitley

As a controversy arose over SBI reportedly writing off loans worth Rs 7,000 crore including that of Vijaya Mallya promoted Kingfisher Airlines, government and the bank today maintained that there was no loan waiver and the liability on the borrowers still remains.

Vijay Mallya loan not waived off, we are pursuing it: FM Arun Jaitley

Vijay Mallya loan not waived off, we are pursuing it: FM Arun Jaitley

Finance Minister Arun Jaitley referred to the Mallya loan issue as a "terrible legacy" which the NDA government had inherited from UPA.

Vijay Mallya PMLA case: ED to seize fresh assets worth Rs 17,00 crore

Vijay Mallya PMLA case: ED to seize fresh assets worth Rs 17,00 crore

With a special PMLA court allowing its plea for further attachments, ED will soon seize fresh assets worth Rs 1,700 crore, under CrPC laws, of liquor baron Vijay Mallya in connection with its money laundering case against him and others.

Banks to cut price of Kingfisher Villa and auction again: PNB

Banks to cut price of Kingfisher Villa and auction again: PNB

The consortium of 17 banks may reduce the reserve price of over Rs 85 crore to auction Kingfisher Villa in Goa again as efforts to sell the property to recover dues failed last month.

After Theresa May-Narendra Modi talks, is extradition of Vijay Mallya at hand?

After Theresa May-Narendra Modi talks, is extradition of Vijay Mallya at hand?

India expects early extradition of industrialist Vijay Mallya from the UK to face probe in the money laundering case against him after the two countries on Monday agreed not to allow fugitives and criminals escape law and resolved to facilitate outstanding extradition requests.

 Courts issue two NBWs against Vijay Mallya, say he has no intention to return to India

Courts issue two NBWs against Vijay Mallya, say he has no intention to return to India

In a double whammy, two non- bailable warrants (NBW) were on Friday issued against beleaguered businessman Vijay Mallya in separate criminal cases by two courts here, observing that he neither has any regard for law, nor any intention to return to India.

Now, Delhi court issues non-bailable warrant against Vijay Mallya in FERA violation case

Now, Delhi court issues non-bailable warrant against Vijay Mallya in FERA violation case

 The Patiala House Court in Delhi court issued non-bailable warrant against Vijay Mallya on Friday for allegedly evading summons in a FERA violation matter. Mallya has scant regard for the law of the land and has no intention to return to India, said the court. 

SC orders Vijay Mallya to disclose his foreign assets in four weeks

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Supreme Court asks Vijay Mallya to give complete details of his foreign assets in 4 weeks

Supreme Court asks Vijay Mallya to give complete details of his foreign assets in 4 weeks

The court also told Mallya to disclose what he did with USD 40 million he had received from Diageo.

 

SC to hear banks' plea against Vijay Mallya today

SC to hear banks' plea against Vijay Mallya today

The Supreme Court on Tuesday will hear the plea filed by SBI-led consortium of banks against beleaguered businessman Vijay Mallya for recovery of more than Rs 6,000 crore from him.