UK not yet approached for extradition of Mallya, Lalit: Sushma Swaraj

UK not yet approached for extradition of Mallya, Lalit: Sushma Swaraj

India has not yet approached the UK for extradition of liquor baron Vijay Mallya and former IPL boss Lalit Modi, wanted by Indian investigators in multiple cases, External Affairs Minister Sushma Swaraj said on Sunday, as the ED is still to provide required documents to her ministry.

Vijay Mallya quietly sold 2 properties worth several crore before ED move

Vijay Mallya quietly sold 2 properties worth several crore before ED move

Vijay Mallya had quietly sold two properties worth several crore before Enforcement Directorate's move to attach his properties to the tune of Rs 1,411 crore

Bank loans utilised for legitimate business purposes; no legal basis for ED action: Vijay Mallya

Bank loans utilised for legitimate business purposes; no legal basis for ED action: Vijay Mallya

Vijay Mallya has issued a statement saying that there was no misappropriation or diversion of funds given by banks and he was pained to read reports about the agencies planning an action against him.

Vijay Mallya tweets defence after ED attaches his properties

Vijay Mallya tweets defence after ED attaches his properties

After his properties worth Rs 1,411 crore were attached by the Enforcement Directorate (ED) on Saturday in the issue of money laundering related with the IDBI loan default case beleaguered businessman Vijay Mallya tweeted his defence.

ED attaches Mallya's properties worth Rs 1,411 cr; beleaguered businessman tweets defence

ED attaches Mallya's properties worth Rs 1,411 cr; beleaguered businessman tweets defence

In the latest, properties worth Rs 1,411 crore belonging to Vijay Mallya have been attached by the Enforcement Directorate (ED) on Saturday in the issue of money laundering related with the IDBI loan default case.

Mallya cannot be deported; extradition after charge sheet

Mallya cannot be deported; extradition after charge sheet

Government had cancelled Mallya's passport weeks after he flew first-class to London on March 2. Public sector banks had also knocked on the doors of the Supreme Court to recover the loans.

Vijay Mallya deportation: Jaitley says not surprised by UK's stand

Vijay Mallya deportation: Jaitley says not surprised by UK's stand

Finance Minister Arun Jaitley said that he is not surprised by the UK government's stand on liquor baron Vijay Mallya's deportation.

Setback for Indian government! UK declines Vijay Mallya's deportation

Setback for Indian government! UK declines Vijay Mallya's deportation

The MEA quoted the UK government saying that it recognises the seriousness of allegations made against the liquor baron and will fully cooperate with government of India.

Will recover complete due fro Mallya, Say's IDBI bank's MD

Will recover complete due fro Mallya, Say's IDBI bank's MD.

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Congress criticises Centre for not inquiring Vijay Mallya's transactions

Congress criticises Centre for not inquiring Vijay Mallya's transactions

Congress today made a scathing attack on the Centre "for not inquiring" various transactions of money paid to Vijay Mallya by Diageo Plc, including the USD 40 million Sweetheart deal.
 

 Vijay Mallya not cooperating in investigation process: Banks tell SC

Vijay Mallya not cooperating in investigation process: Banks tell SC

The consortium of banks today alleged in the Supreme Court that Vijay Mallya, who has been in United Kingdom, is not cooperating in the investigation of cases lodged against him and was averse to disclosing foreign assets.

Breaking News - Vijay Mallya's Passport Suspended

Absconding business tycoon Vijay Mallya's passport has been suspended on the request of ED

Kingfisher Airlines loan case: CBI to send Letters Rogatory to the US, UK, France

Kingfisher Airlines loan case: CBI to send Letters Rogatory to the US, UK, France

The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.

Delhi CM Kejriwal writes to PM Modi, says stop privatisation of IDBI

Delhi CM Kejriwal writes to PM Modi, says stop privatisation of IDBI

Opposing Centre's move to privatise Industrial Development Bank of India (IDBI), Delhi Chief Minister Arvind Kejriwal on Saturday wrote a letter to Prime Minister Narendra Modi, urging him to proposed move.

IDBI claims strike failed, unions say near success

IDBI claims strike failed, unions say near success

Even as unions of state-run IDBI Bank today claimed a successful one-day strike, the management said the bank "functioned normally".

Govt to infuse Rs 5,050 crore in PSU banks soon

Govt to infuse Rs 5,050 crore in PSU banks soon

The government is likely to infuse additional capital of about Rs 5,050 crore in some public sector banks this week

Privatisation of IDBI Bank: AIBEA takes up issue with FM Arun Jaitley

Privatisation of IDBI Bank: AIBEA takes up issue with FM Arun Jaitley

The All India Bank Employees Association, representing the banking services industry, has taken up the issue of opposing privatisation of IDBI Bank, with Union Finance Minister Arun Jaitley. 

CBI to investigate if PSBs were forced into lending to Mallya

Central Bureau of Investigation (CBI) is looking into whether some influential politicians used pressure tactics to force public sector banks (PSBs) into lending and restructuring loans now defunct Kingfisher Airlines

Vijay Mallya still has pledge-free assets worth more than Rs 5,500 crore

Vijay Mallya still has pledge-free assets worth more than Rs 5,500 crore

Liquor baron Vijay Mallya’s loan-default case, there is a good news for lenders that the beleaguered businessman still has pledge-free assets worth more than Rs 5,500 crore to back up guarantees provided by him and his UB Holdings

Moody's retains ratings on SBI, IDBI; sees NPA woes stabilising

Moody's retains ratings on SBI, IDBI; sees NPA woes stabilising

Moody's Investors Service has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P and expects not much deterioration in its asset quality.