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Vijay Mallya

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RBI fixed guarantors' responsibility 2 years ago but not their credentials

May 24, 2016

RBI fixed guarantors' responsibility 2 years ago but not their credentials

It is good that the RBI in its September 2014 circular went tough on the guarantors of wilful defaulter but it should have at the same time made the credential of a guarantor also clear #Vijay Mallya #Kingfisher #Bank loan #wilful default #Guarantor #farmer Manmohan Singh
Why thousands of crores of cash distribution during polls skip I-T sleuths' attention?

May 24, 2016

Why thousands of crores of cash distribution during polls skip I-T sleuths' attention?

Tamil Nadu’s dubious electoral reputation therefore does not rest merely on market gossip. Over the years, its cash for vote capers have become the stuffs of legend #Election Commission #Vijay Mallya #Political parties #I-T Department #Tamil Nadu elections #cash distribution
ED to invoke India-UK mutual treaty to extradite Mallya

May 23, 2016

ED to invoke India-UK mutual treaty to extradite Mallya

ED is soon expected to make a fresh request for Vijay Mallya's extradition under the India- UK Mutual Legal Assistance Treaty (MLAT) in connection with its money laundering probe against the liquor baron in an alleged bank loan fraud case. #NewsTracker #Kingfisher Airlines #Vijay Mallya #India- UK Mutual Legal Assistance Treaty #Mallya money laundering case
Vijay Mallya's famed US beer maker Mendocino in trouble too

May 23, 2016

Vijay Mallya's famed US beer maker Mendocino in trouble too

Mendocino said if UBHL does not consummate debt financing, it would have a material adverse effect on the company's ability to continue to operate #Vijay Mallya #Financial Fraud #bank NPA #Sausalito #Mendocino #Michael Laybourn #Red Tail Ale #Blue Heron Pale Ale #Black Hawk Stout #Peregrine Golden Ale
Farmer's guarantee for Mallya a cruel joke but Fardeen's weight gain bigger issue

May 23, 2016

Farmer's guarantee for Mallya a cruel joke but Fardeen's weight gain bigger issue

Mr Singh’s accounts of Rs 14000 and Rs 4000 were frozen by the Bank of Baroda because the records showed he had pledged to back Vijay Mallya’s defaults, if any. #Manmohan Singh #Banks #InMyOpinion #farmer #Vijay Mallya #loan #Guarantor
Not so good times: UBL withholds dividend payment to Mallya

May 17, 2016

Not so good times: UBL withholds dividend payment to Mallya

Liquor firm United Breweries Ltd has withheld dividends payable to its beleaguered Chairman Vijay Mallya for the financial year 2015-16 following the directions of Debt Recovery Tribunal. #NewsTracker #Vijay Mallya #United Breweries #UBL #United Breweries Ltd #Vijay Mallya dividend payment #UBL dividend payment
FM Jaitley says RBI and finance ministry share mature relationship

May 16, 2016

FM Jaitley says RBI and finance ministry share mature relationship

The governor's push to banks to make provision for bad loans - something previous governors could have done but chose not to - besides myriad other initiatives should give enough reasons to this government to ask Rajan for a second term #Disinvestment #Subramanian Swamy #Vijay Mallya #GST #Finance Minister Arun Jaitley #RBI governor Raghuram Rajan
Vijay Mallya case: ED calls up more banks to get details of transactions

May 16, 2016

Vijay Mallya case: ED calls up more banks to get details of transactions

The Enforcement Directorate has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the long-grounded air carrier and its top executives. #Enforcement Directorate #NewsTracker #SEBI #Vijay Mallya #Kingfisher
AgustaWestland, Uttarakhand crisis find echo in Parliament's budget session

May 13, 2016

AgustaWestland, Uttarakhand crisis find echo in Parliament's budget session

The session of Rajya Sabha came to an end on Friday after passing 12 bills and wasting 19 hours due to disruptions over various issues like imposition of President's Rule in Uttarakhand and AgustaWestland helicopter deal controversy. #CAG #Congress #BJP #Narendra Modi #Rajya Sabha #NewsTracker #Lok Sabha #Vijay Mallya #GST #parliament #finance bill #Drought #AgustaWestland #CAMPA