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News
Mallya default case
Mallya default case News
Vijay Mallya
25 Oct 2016
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.
Vijay Mallya
07 Mar 2016
Fresh trouble for Vijay Mallya as ED cracks whip in loan default case
The Enforcement Directorate (ED) has registered a case against Vijay Mallya under Prevention of Money Laundering Act (PMLA) in connection with the alleged default of over Rs 900 crore loan from IDBI bank.
Vijay Mallya
07 Mar 2016
Vijay Mallya in talks to settle debt with lenders
Indian liquor baron Vijay Mallya said he has been in talks to enter into a one-time settlement with state-run banks, to which his now-defunct carrier Kingfisher Airlines owes more than USD 1 billion.
Vijay Mallya
07 Mar 2016
Vijay Mallya default case: DRT to pass its orders today
The DRT had reserved its order after hearing submissions made by both parties—bankers and Mallya—on 4 March.
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