Last week, Vijay Mallya was declared bankrupt by a British court. Watch the video to know the larger implication of this order on Mallya’s legal battle with Indian banks and law enforcement agencies.

Last week, Vijay Mallya was declared bankrupt by a British court. Watch the video to know the larger implication of this order on Mallya's legal battle with Indian banks and law enforcement agencies.

Are the walls closing in on Bad Boy Billionaire Vijay Mallya?

The corporate affairs ministry on Monday said it will take necessary action in the Gensol Engineering matter after examining market regulator Sebi's order against the company.
Last week, Sebi barred the company's promoters Anmol Singh Jaggi and Puneet Singh Jaggi from the securities market for various violations.
The order came amid accusations of siphoning off loan funds from their publicly listed company Gensol Engineering for personal use, raising concerns over corporate governance and financial misconduct.
When contacted, the Ministry of Corporate Affairs (MCA) told PTI that it is examining the Sebi order in light of the provisions of the Companies Act, 2013.
"Necessary action would be taken accordingly," the ministry said.

Last week, Sebi barred the company's promoters Anmol Singh Jaggi and Puneet Singh Jaggi from the securities market for various violations

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US Vice President J D Vance, his Indian-origin wife Usha and their three children began their India trip on Monday with a visit to the sprawling Swaminarayan Akshardham Temple near the banks of the Yamuna.
The Vances, who are here for a four-day visit during which they are also scheduled to travel to Jaipur and Agra, were at the temple complex for about an hour.
The children -- Ewan, Vivek and Mirabel, all three dressed in Indian attire -- were the cynosure of many an eye.
"Thank you all so much for your hospitality and kindness in welcoming me and my family to this beautiful place. It is a great credit to India that you built a beautiful temple with precision and care. Our kids, in particular, loved it. God bless," the vice president wrote in the temple guest book.
Once done, the family posed for camera crews outside the imposing facade of the temple.
"They were given a traditional welcome after which they had 'darshan'. A carved wooden elephant, a model of the Delhi Akshardham .

The Vances, who are here for a four-day visit during which they are also scheduled to travel to Jaipur and Agra, were at the temple complex for about an hour

Prime Minister Narendra Modi on Monday asked civil servants to follow the principle of "Nagrik Devo Bhava" while redressal of issues of underprivileged people, and emphasised last-mile delivery to ensure inclusivity in development.
Addressing the 17th Civil Services Day function here, he said the civil servants should see themselves not just as administrators but as architects of a developed India.
Modi said that India has become the most populous country in the world and emphasised the prioritisation of saturation in basic amenities and a strong focus on last-mile delivery.
Citing evolving needs and aspirations of the citizens, he said that the civil service must adapt to contemporary challenges to remain relevant.
The prime minister said that the achievements so far must be surpassed manifold, setting higher benchmarks for progress.
He stressed the importance of human judgment in a technology-driven world, urging civil servants to remain sensitive, listen to the voices of the ..

PM Modi said that India has become the most populous country in the world and emphasised the prioritisation of saturation in basic amenities

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Are the walls closing in on Bad Boy Billionaire Vijay Mallya?

Last week, Vijay Mallya was declared bankrupt by a British court. Watch the video to know the larger implication of this order on Mallya’s legal battle with Indian banks and law enforcement agencies.

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