Tag: Vijay Mallya
17 Results
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Vijay Mallya offers 100% payback to banks again
The 63-year-old former Kingfisher Airlines (KFA) boss is currently appealing against his extradition order from the UK to India to face charges of fraud and money laundering amounting to Rs 9,000 crore.
April 29, 2019 -
Financially stressed Jet Airways suspends operations
Going by the sources in the industry, the company is almost out of funds and is relying only on the negligible funds being infused by lenders on an expense-to-expense basis.
April 17, 2019 -
Feel sorry for Jet Airways and Naresh Goyal: Vijay Mallya
Alleged the government saying it is discriminating between public sector and private airlines
April 17, 2019 -
UK court rejects Vijay Mallya’s plea against extradition; to face oral hearing next
In February, UK's Home Office said the British government had signed an order to extradite Mallya.
April 8, 2019 -
PM Modi has fully vindicated me as ‘poster boy’ for BJP govt: Vijay Mallya
Mallya's latest social media comments follow a recent interview in which Prime Minister Modi said that recovering an amount more than what Mallya defrauded was a big win for India.
April 1, 2019 -
Nirav Modi, Mallya to share same cell in Mumbai jail? ‘There is space’, quips UK judge
The UK court earlier on Friday rejected Nirav Modi’s second bail application, saying there are 'substantial grounds' to believe the fugitive diamantaire will fail to surrender.
March 30, 2019 -
Double standards under NDA, says Vijay Mallya after Jet Airways bailout by PSU banks
Mallya, who is facing extradition to India from the UK, said while the PSU banks bailed out Jet Airways they allowed his Kingfisher Airlines to “fail ruthlessly”.
March 26, 2019 -
Nirav Modi’s extradition likely to take long time, says top UK law expert
The news of the arrest sent ripples of excitement through the ruling Bharatiya Janata Party (BJP) which dared the opposition Congress to question the developments, at the height of the 2019 parliamentary elections.
March 21, 2019 -
Why is PM Modi not instructing banks to accept my offer, tweets Vijay Mallya
Fugitive economic offender Vijay Mallya on Thursday posted a series of tweets asking why Prime Minister Narendra Modi was not instructing banks to accept the money he is offering to pay off the loans on Kingfisher.
February 14, 2019 -
UK government approves Vijay Mallya’s extradition
UK Home Secretary Sajid Javid on Monday signed the order to extradite Mallya which has already been allowed by a lower court.
February 5, 2019 -
Vijay Mallya becomes first tycoon to be declared fugitive offender
Mallya now becomes the first tycoon to be named an economic offender under the Fugitive Economic Offenders Act, 2018 – the new law that aims to prevent financial fraud.
January 5, 2019 -
Unfair to tag ‘one-time loan defaulter Vijay Mallya’ as thief: Nitin Gadkari
Gadkari, however, clarified that he has no business dealing with Vijay Mallya, who faces extradition from the UK for alleged bank fraud and money laundering amounting to an estimated Rs. 9,000 crore.
December 14, 2018 -
Vijay Mallya’s extradition to speed up loan recovery process: SBI
India had expressed its satisfaction over a British court's judgement ordering Mallya's extradition to stand trial on charges of committing bank loan fraud.
December 11, 2018 -
India ‘deeply satisfied’ with UK court order to extradite Vijay Mallya to India
External Affairs Ministry Spokesperson Raveesh Kumar said India will continue to work with the British government for 'expeditious' implementation of the court order.
December 11, 2018 -
Taint on armed forces as parties gear up for polls
The government was never in a hurry to get Christian Michel, the middleman in the AgustaWestland scam, back to India, despite the UAE court clearing his extradition.
December 11, 2018 -
Vijay Mallya extradition: The case so far
Vijay Mallya fled to London in March 2016. Almost a year later, India sent a request to the UK to extradite the "fugitive" liquor baron who owed nearly Rs 9,000 crore (including interest) to 17 Indian banks
December 10, 2018 -
UK court orders Vijay Mallya extradition to India
Case referred to UK Secretary of State; Mallya can file for a permission to appeal in the UK High Court against the ruling
December 10, 2018