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Enforcement Directorate unearths new shell firms linked to Vijay Mallya; raids his close associate
Business

Enforcement Directorate unearths new shell firms linked to Vijay Mallya; raids his close associate

The man, V Shashikant, was an employee of the Mallya group till February 2017 and worked as an executive assistant to the businessman for about nine years, they said.

ED attaches Vijay Mallya's farm house, flats, FDs and shares worth Rs 6,630 cr
Business

ED attaches Vijay Mallya's farm house, flats, FDs and shares worth Rs 6,630 cr

The total attachment made by the agency in this case has now shot up to Rs 8,044 crore as it had attached assets worth Rs 1,411 crore few months back

United Breweries' Rs 130 crore worth of pledged shares invoked by ECL Finance
Business

United Breweries' Rs 130 crore worth of pledged shares invoked by ECL Finance

ECL Finance had invoked 7.05 lakh shares pledged by Kamsco Industries Pvt Ltd, accounting for 0.27 percent stake, on March 17,

Yes Bank offloads 79.81 lakh pledged shares of United Breweries worth Rs 778 cr
Business

Yes Bank offloads 79.81 lakh pledged shares of United Breweries worth Rs 778 cr

The move comes after State Bank of India (SBI) declared Mallya, Kingfisher Airlines and its holding company United Breweries Holdings, as wilful defaulters