Page 31 - Vijay Mallya

Both UPA and NDA have helped Vijay Mallya: Mayawati

She said UPA govt did not stop banks from giving heavy loan to Mallya and now NDA has helped him to exit from the nation

Vijay Mallya episode another case of Lalit Modi: NCP

NCP leader Majeed Memon suspected 'connivance' on part of the NDA govt to help liquor baron Vijay Mallya flee the nation

I haven't fled India, dont need media trial, says Vijay Mallya

The liquor baron, in a series of tweets, justifies his decision to go abroad; says he will abide by the law

ED summons five IDBI Bank officials, Kingfisher Airlines executives

The probe agency will question bank officials with regards to their roles in sanctioning the loan to the airline

Mallya showed zero debt in Rajya Sabha affidavit

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

Return, with passport: SC to Vijay Mallya

Liquor baron has left for UK, reveals Centre

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

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

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'

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

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

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

Government will act against Mallya: Arun Jaitley

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

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

Mallya later sold Best and Crompton to an Indonesian group

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

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

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

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

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

Mallya aide Nedungadi steps down from UB Group

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

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 ...