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Vijay Mallya
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Vijay Mallya

Articles

Zoom Developers' saga shows collateral safety is a myth; banks are sitting ducks

Jul 03, 2015

Zoom Developers' saga shows collateral safety is a myth; banks are sitting ducks

Jaitley should hurry on legislating a bankruptcy law; it is critical for the recovery of bank loans in many similar cases #RBI #finance ministry #Vijay Mallya #Loan recovery #Bankruptcy law #Zoom Developers #wilful defaulter #Bank NPAs #Vijay Choudhary
RCB takeover: Jindal confirms 'idea to acquire' an IPL team

Jul 02, 2015

RCB takeover: Jindal confirms 'idea to acquire' an IPL team

Mallya made the second highest bid of $111.6 million to buy the Bangalore franchise in 2008. #IPL #Indian Premier League #Royal Challengers Bangalore #Vijay Mallya #SportsTracker #RCB #Jindal group
JSW group reportedly close to $100 million takeover of Mallya's Royal Challengers Bangalore

Jul 01, 2015

JSW group reportedly close to $100 million takeover of Mallya's Royal Challengers Bangalore

Royal Challengers Bangalore (RCB), the Virat Kohli-led Indian Premier League team, could be about to have a new owner. #IPL #Cricket #Indian Premier League #Twenty20 #Royal Challengers Bangalore #Vijay Mallya #SportsTracker #Parth Jindal
UPA left the banking system toxic, and Jaitley's moving too slowly to fix it

Jun 23, 2015

UPA left the banking system toxic, and Jaitley's moving too slowly to fix it

The UPA's worst legacy was to leave behind a limping banking system that will be unable to finance growth. Jaitley is moving too slow to fix what's broken. #Economy #Pranab Mukherjee #P. Chidambaram #Kingfisher Airlines #InMyOpinion #Arun Jaitley #Vijay Mallya #PSU banks #bad loans #recapitalisation #Jan Dhan Yojana #Toxic Banks #TARP
Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him

Jun 09, 2015

Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him

The finance minister promised a bankruptcy code this year. Arun Jaitley should get this done quickly as the action against loan defaults and corporate failure is moving faster on the RBI side than on the legislative side. #Crony capitalism #RBI #Duvvuri Subbarao #ConnectTheDots #Kingfisher Airlines #Arun Jaitley #Vijay Mallya #Raghuram Rajan #Corporate Debt Restructuring #wilful defaulters #bankruptcy code #Sick Industrial Companies Act #Strategic Debt Restructuring
United Spirits fund diversion saga gets murkier: How the case unfolded so far

May 28, 2015

United Spirits fund diversion saga gets murkier: How the case unfolded so far

Unfortunately going by the history of our government investigating agencies, a quick outcome is expecting too much from them #Corporate governance #Vijay Mallya #United Spirits #United Breweries (Holdings) #fund diversion
More trouble for Vijay Mallya: MCA, I-T dept to inspect United Spirits accounts

May 28, 2015

More trouble for Vijay Mallya: MCA, I-T dept to inspect United Spirits accounts

A probe had revealed that between 2010 and 2013, funds were diverted from USL and/or its subsidiaries to certain UB Group companies, including Kingfisher Airlines. #Business #Vijay Mallya #Ministry of Corporate Affairs #I-T Department #corporate #UB Group #United Spirits #Anand Kripalu
C S Santosh receives FMSCI's Motor Sport Man of the Year award

May 26, 2015

C S Santosh receives FMSCI's Motor Sport Man of the Year award

54 champions across nine principal categories were awarded at the event #Motorsport #FMSCI #Arjun Maini #fmsci awards #dr vijay mallya #c s santosh
Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh

May 26, 2015

Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh

More than being an individual case, banks' approach to Kingfisher and its disgraced King should set a strong example for other wily promoters #Kingfisher Airlines #SBI #Vijay Mallya #NPA #public sector banks #wilful defaulter #Unted Bank of India