File Photo/IANS: G.V.L. Narasimha Rao

Chidambaram is behaving like Vijay Mallya, Nirav Modi: BJP – 1 min read

New Delhi: The BJP on Wednesday accused former Union Minister P. Chidambaram of behaving like fugitive businessmen Vijay Mallya and Nirav Modi by not cooperating with the central agencies probing alleged corruption in the INX Media case. Bharatiya Janata Party (BJP) spokesman G.V.L. Narasimha Rao made the comment after the Supreme Court refused to grant […]

Vijay Mallya (File photo)

Vijay Mallya gets reprieve from UK HC, can appeal extradition ruling

London: The UK High Court on Tuesday allowed Indian business tycoon Vijay Mallya, charged with fraud and money-laundering back home, to appeal against his extradition to India, local media reported. Mallya, whose extradition order had been upheld by the Westminister Magistrates’ Court last year and his appeal against it rejected earlier this year, had moved […]

Vijay Mallya (File Photo/Facebook)

Vijay Mallya expresses sympathy with Jet founder Naresh Goyal, slams Centre

New Delhi: Embattled liquor baron Vijay Mallya has once again attacked the government for discriminating between public sector and private airlines while extending solidarity with crisis-hit Jet Airways and its founder Naresh Goyal. In a series of tweets, Mallya said he was sorry that so many airlines had bitten the dust in the country. “Even […]

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UK High Court rejects Vijay Mallya’s plea against extradition

London: In another setback for fugitive Indian businessman Vijay Mallya, the United Kingdom High Court has rejected his appeal against his extradition. Mallya, who is facing charges of defaulting on bank loans to the tune of Rs 9,000 crore, fraud and money-laundering, had moved the High Court after the Westminster Magistrates Court, on December 10, 2018, […]

Vijay Mallya (File Photo)

ED probe reveals Vijay Mallya sent money from loans outside India, had no intention of repaying

New Delhi : Absconding liquor baron Vijay Mallya had no intention of paying back loans of over Rs 5,500 crore to a consortium of banks even though creditors agreed to restructure debt for his Kingfisher Airlines Ltd (KAL) offering a lifeline to the now defunct airline. Investigations into the financial mess at KAL undertaken by […]