Mallya's legal team had claimed that the loan defaults by KFA were the result of wider issues faced by the aviation industry at the time.
Great day for India, no one who cheats India will go scot-free, says Arun Jaitley on Vijay Mallya's extradition order
Finance Minister Arun Jaitley on Monday said that the alleged offender, who benefited during the UPA rule, is being brought to the book by the NDA government.
The ad hoc committee will be chaired by Bhubaneshwar Kailta, who has earlier held important positions in the IOA. The other two members are IOA joint secretary Rakesh Gupta and Indian Weightlifting Federation Secretary Sahdev Yadav.
Vijay Mallya asked to appear before Mumbai court tomorrow; first action under new fugitive economic offenders law
Fugitive liquor baron Vijay Mallya has been asked to appear before a special court tomorrow as part of first action against him under the newly enacted fugitive economic offenders law.
In a series of tweets a day after claiming that he has become the "poster boy" of bank default and a lightning rod for public anger, Vijay Mallya said he will continue to make every effort to settle dues with the bank
Vijay Mallya discloses letter written to Narendra Modi in 2016: 'Fall of Kingfisher Airlines caused by circumstances'
Mallya said he has been accused by politicians and the media alike of having stolen and run away with Rs 9,000 crore that was loaned to Kingfisher Airlines
ED files fresh charge sheet against embattled ex-liquor baron Vijay Mallya; prepares for fugitive tag
The ED had last year filed its first charge sheet against Vijay Mallya, now in London, in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines (KFA) loan fraud case
Nirav Modi vs Vijay Mallya: Tales of two scamsters who used unlawful and legit tactics to swindle public money
Nirav Modi hoodwinked bankers with greater brazenness, by gaming banking system, to commit Punjab National Bank scam
Regional connectivity was an unfulfilled dream for me, says Captain Gopinath as he gears up for relaunch
Captain Gopinath believes many stakeholders like the monopoly private sector airports are not aligned to the vision of Udan
Kingfisher loan case: Banks made a mistake by not accepting Vijay Mallya’s settlement offer, says former SBI executive
Lenders have intensified their legal battle with Vijay Mallya after the liquor baron left the country in March, 2016
The Enforcement Directorate has said that liquor baron Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies in US, Ireland, Mauritius and France.
Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said public funds were used to bail out state-owned Air India, but not the then "largest domestic airline".
The Villa, owned by United Breweries Holding (UBHL), was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010
In April, the banks had made a failed attempt to sell brands and trademarks of the airlines, owned by Mallya. The auction was unsuccessful as none of the bidders came forward due to the higher reserve price of Rs 366.70 crore.
With the new case, ED wants to strengthen its probe against Vijay Mallya and expedite a slew of actions it has already initiated against him
Mallya cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court.
Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, on Thursday began auctioning the KFA headquarters — Kingfisher House — situated near the domestic airport in Mumbai.
Asserting that non-payment of loans by big borrowers will erode people's faith in the law, the CBI on Wednesday blasted lenders for not coming forward with a complaint in the Kingfisher Airlines "fraud", saying the delay helped the company "divert funds and destroy evidence".
Domestic airlines now need to earn DFCs to fly abroad, fleet size requirement reduced to 5