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Vijay Mallya summoned by special court under fugitive offenders ordinance; first such action under law
•If Vijay Mallya does not appear before the court, he risks being declared a fugitive economic offender, besides properties linked to him being confiscated.
Vijay Mallya breaking silence because 'prime minister, finance minister did not respond' to his letters
Fp Staff •Mallya wrote a letter to Prime Minister Narendra Modi which he made public on Twitter on Tuesday.
Narendra Modi speech: Yes, NPAs are making of Congress-era, but isn’t it time PM moved past ghosts of UPA?
Dinesh Unnikrishnan123 •PM Narendra Modi calls 'NPAs scam' bigger than those linked to Commonwealth Games, 2G telecom spectrum allocation and coal block allocation
Delhi Court issues non-bailable warrant against Vijay Mallya; seeks MEA's support
Fp Staff •In more trouble for Vijay Mallya, Delhi's Patiala House Court issued non-bailable warrants against the liquor baron on Saturday, in the 2012 cheque bounce case filed against him by the GMR Hyderabad International Airport Ltd.
Applying for job in SBI? Make sure you haven't defaulted on your EMIs
•The development comes against the backdrop of lenders, including SBI, facing flak for mounting bad loans, including the one related to Vijay Mallya's Kingfisher Airline to which the SBI-led consortium extended loans now amounting to Rs 9,000 crore.
Online petition demanding criminal proceedings against big corporate defaulters goes viral; Mallya's name included
•An online petition demanding launch of criminal proceedings against big corporate defaulters like businessman Vijay Mallya has gone viral on social media platform with over 1.10 lakh people signing the plea on technology platform Change.org in this regard.
More trouble for Vijay Mallya: Hyderabad court issues four non-bailable warrants in cheque bouncing case
Fp Archives •The non-bailable warrants against Vijay Mallya have to be executed by 29 March.
No money or flying permit for Kingfisher but Mallya's 'never say die' spirit intact
Sindhub •The chairman of Kingfisher Airlines has no flying permit, crores in debt from lenders with myriad legal cases, unpaid employee dues and no visible plan in sight to bring in fresh capital to restart the airline. But he still dreams of restarting the airline.
Getting USL: United Breweries may hold the key for Diageo
Fp Editors •Banks are desperately trying to recover as much as possible from the grounded Kingfisher Airlines, which has a Rs 7,500 crore loan outstanding with them.
Kingfisher crisis will not impact our balance sheet: SBI
Fp Archives •The country's largest public sector lender State Bank of India has said the prevailing crisis in Kingfisher Airlines would not have any impact on its balance sheet due to small exposure to the beleagured company.