Sunday, January 18, 2026 | 08:31 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 31 - Vijay Mallya

Mallya showed zero debt in Rajya Sabha affidavit

Net worth of Rs 615 crore, but owns no real estate

Mallya showed zero debt in Rajya Sabha affidavit
Updated On : 11 Mar 2016 | 1:56 PM IST

Return, with passport: SC to Vijay Mallya

Liquor baron has left for UK, reveals Centre

Return, with passport: SC to Vijay Mallya
Updated On : 11 Mar 2016 | 1:50 AM IST

Mallya is in country home outside London

Mallya, 60, is facing legal proceedings in India for allegedly defaulting on loans worth over Rs 9,000 cr from various banks

Mallya is in country home outside London
Updated On : 11 Mar 2016 | 1:24 AM IST

Letters: Monitoring PSBs

With reference to the editorial, "Lax legal system allows defaulters like Mallya to get away" (March 10), it's unbelievable that Vijay Mallya has left the country despite a lookout notice issued against him by the Central Bureau of Investigation. It's even harder to believe that he is a member of Parliament.The entire episode is proof that crony capitalism has grown deep roots in the country and that banks drag their feet when big names are involved. These banks have suddenly woken up from their slumber and are shedding crocodile tears now. But they had virtually co-opted Mallya, the proud owner of the erstwhile Kingfisher Airlines, during his heyday.There are enough reasons to suspect that the top brass of these banks were hand in glove with the tycoon and his dirty tricks. No wonder the Supreme Court has taken these banks to task and posed several "inconvenient" questions to them. Despite a plethora of laws and powerful institutions - the Securitisation and Reconstruction of Financia

Image
Updated On : 10 Mar 2016 | 9:25 PM IST

SBI denies 'laxity' in tackling Kingfisher Airlines debts

The bank also refuted media reports purportedly blaming SBI, for the crisis and termed these as based on 'hearsay and conjecture'

SBI denies 'laxity' in tackling Kingfisher Airlines debts
Updated On : 10 Mar 2016 | 7:59 PM IST

Mallya's case should be made a test case for exposing crony capitalism

All those who allowed him to use the banking system as his personal ATM should be named and shamed

Mallya's case should be made a test case for exposing crony capitalism
Updated On : 10 Mar 2016 | 7:38 PM IST

Govt highlights Quattrocchi episode to silence Congress

Jaitley said Ottavio Quattrocchi was allowed to leave the country during the Congress regime despite a CBI request to impound his passport

Govt highlights Quattrocchi episode to silence Congress
Updated On : 10 Mar 2016 | 4:18 PM IST

Rahul Gandhi questions govt on how Vijay Mallya could leave country

He also said that Modi has failed to fulfill promises he made to people for bringing back black money

Rahul Gandhi questions govt on how Vijay Mallya could leave country
Updated On : 10 Mar 2016 | 3:01 PM IST

Government will act against Mallya: Arun Jaitley

Jaitley said the sanction of money made to Mallya was during the UPA regime

Government will act against Mallya: Arun Jaitley
Updated On : 10 Mar 2016 | 2:16 PM IST

In 1990s, Best and Crompton workers called Vijay Mallya 'NPA'

Mallya later sold Best and Crompton to an Indonesian group

In 1990s, Best and Crompton workers called Vijay Mallya 'NPA'
Updated On : 10 Mar 2016 | 2:05 PM IST

Why was Vijay Mallya allowed to leave India, Cong asks govt

Ghulam Nabi Azad accused BJP of not arresting Mallya, while Arun Jaitley said it was under UPA regime when Mallya went abroad

Why was Vijay Mallya allowed to leave India, Cong asks govt
Updated On : 10 Mar 2016 | 1:05 PM IST

You had no intention of reviving Kingfisher Airlines, ex-women staff tell Mallya

Open letter by ex-employees accuses industrialist of rendering hundreds of people jobless

You had no intention of reviving Kingfisher Airlines, ex-women staff tell Mallya
Updated On : 10 Mar 2016 | 10:13 AM IST

Mallya attended Parliament on March 1, left country a day later

Has not informed Rajya Sabha secretariat about his whereabouts or that he would be leaving country

Mallya attended Parliament on March 1, left country a day later
Updated On : 10 Mar 2016 | 10:11 AM IST

Ex-Kingfisher employees protest against Mallya, seek payment of dues

Stage protest outside airline's former office in Mumbai, currently under sale by banks

Image
Updated On : 10 Mar 2016 | 12:13 AM IST

Mallya aide Nedungadi steps down from UB Group

Former CFO of UB Holdings, who opposed launch of Kingfisher Airlines, says he is retiring

Image
Updated On : 10 Mar 2016 | 12:11 AM IST

Bank Staffers' body wants parliamentary probe on Kingfisher issue

The All India Bank Employees Association (AIBEA) has demanded a parliamentary probe into the into the issues related to Kingfisher. The association said that this is needed to bring out in public that how the loan was processed and sanctioned by Banks, the role of Reserve Bank of India and why timely action was not taken to recover the bad loan.In a statement issued today, the association demanded the government to order extradition and force a trial on Vijay Mallya, if he has moved out to United Kingdom."It is shocking and a matter of dismay that the Government has informed the Supreme Court that Vijay Mallya has already fled to UK when nearly Rs 10,000 crore of loan is due by him to the Banks in India. It is not a sudden development that Kingfisher Airline is a defaulter. For the past few years, the issue is going on," stated the association. It maintained that Banks did not even declare him as a willful defaulter. "It is reported that while sanctioning the loan, brand value of ...

Bank Staffers' body wants parliamentary probe on Kingfisher issue
Updated On : 09 Mar 2016 | 10:01 PM IST

Vijay Mallya has left the country: Attorney General informs Supreme Court

SC issues notice to Mallya, gives him two weeks to respond

Vijay Mallya has left the country: Attorney General informs Supreme Court
Updated On : 09 Mar 2016 | 3:01 PM IST

Banks ask Supreme Court to stop Vijay Mallya leaving India, hearing today

The Supreme Court agreed to hear on Wednesday a plea filed by a consortium of 17 PSU banks seeking to restrain Vijay Mallya from leaving India

Banks ask Supreme Court to stop Vijay Mallya leaving India, hearing today
Updated On : 09 Mar 2016 | 2:18 PM IST

As banks tighten noose, question arises: where is Vijay Mallya?

The Times of India reports that Vijay Mallya may have already moved abroad along with the first tranche of $75 million settlement he made with Diageo

As banks tighten noose, question arises: where is Vijay Mallya?
Updated On : 09 Mar 2016 | 9:44 AM IST

Mallya paid foreigners their dues but not local ones, allege former KFA female employees

They also said that they couldn't claim income tax refunds and also their provident fund due

Mallya paid foreigners their dues but not local ones, allege former KFA female employees
Updated On : 09 Mar 2016 | 1:17 AM IST