It Investigates Vijay

The Paytm Payments Bank today dismissed the report that it was facing an investigation by the Enforcement Directorate (ED) over money laundering charges.

A special CBI court in Mumbai has issued a Letter of Request to the United States for aiding the Central Bureau of Investigation in its probe into a multi-crore bank fraud case against Vijay Mallya.

Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.

Fugitive tycoon Vijay Mallya can be extradited to India to face fraud investigations, a court in the UK ruled today. Vijay Mallya is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines. There was no sign of a false case being mounted against him, UK judge Emma Arbuthnot said. Calling it a great day for India,...

Five days before a UK court's verdict on whether Vijay Mallya can be extradited, the fugitive businessman, who is being investigated for fraud and money-laundering, appealed to various Indian banks to accept his offer to pay back 100 per cent of the principal loan amount he owes them.

A London court will announce its decision on former liquor baron Vijay Mallya's extradition on December 10, but with CBI Special Director Rakesh Asthana sent on forced leave by the central government, it's still unclear who will represent the agency at the hearing.

A lookout notice against Vijay Mallya, calling for his detention on sight at airports, was diluted months before he left India for the UK in the middle of loan fraud investigations against him. After the fugitive businessman's sensational claim about meeting Finance Minister Arun Jaitley before leaving, questions have been raised about the notice a...

A proposed law to help choke fugitives involved in major economic offences has been cleared by the government, amid investigations into a massive bank scam involving jewellery billionaires who have left the country. The Fugitive Economic Offenders Bill will help the government seize properties of those involved in fraud worth more than Rs 100 crore...

The process to extradite business tycoon Vijay Mallya from the UK -- where he had gone last year after facing heat for defaulting on loans worth Rs 9000 crore -- has started. The External Affairs Ministry is currently processing the formal request for it from the Central Bureau of Investigation, which will be sent to the authorities in UK. The liqu...

The process to extradite business tycoon Vijay Mallya - who is living in the United Kingdom -- is expected to start today, with the Central Bureau of Investigation filing an affidavit in court saying he is a wanted criminal. The move came days after the agency filed a chargesheet against the liquor baron in the Rs 900 crore IDBI loans case. The af...

The agency, probing the case for money laundering charges, has said its investigation found that the processes deployed to structure and re-structure the loan by the bank to the now-defunct airline was planned to be defrauded and that Mr Mallya and Kingfisher Airlines (KFA) had "no intent" to repay it.

Widening its probe into financial irregularities at erstwhile Kingfisher Airlines, the Serious Fraud Investigation Office (SFIO) has started examining former chiefs of various banks, including public sector lenders, for having extended fresh loans allegedly without full due-diligence amid ballooning losses at the Vijay Mallya-owned carrier.

The Enforcement Directorate (ED) has expanded the ambit of its money laundering probe against beleaguered businessman Vijay Mallya and will now investigate the alleged default of loans to the tune of Rs 6,027 crore availed from a consortium of nationalised banks, a case taken over by CBI recently.

State Bank of India has expressed its inability to divulge details of loans given to Vijay Mallya and his now defunct Kingfisher Airlines in response to an RTI query, holding that the matter is sub-judice and being looked into by investigation agencies.

A special team has been formed to investigate the AgustaWestland case and the one against Vijay Mallya by the Central Bureau of Investigation.

The Paytm Payments Bank today dismissed the report that it was facing an investigation by the Enforcement Directorate (ED) over money laundering charges.

A special CBI court in Mumbai has issued a Letter of Request to the United States for aiding the Central Bureau of Investigation in its probe into a multi-crore bank fraud case against Vijay Mallya.

Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.

Fugitive tycoon Vijay Mallya can be extradited to India to face fraud investigations, a court in the UK ruled today. Vijay Mallya is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines. There was no sign of a false case being mounted against him, UK judge Emma Arbuthnot said. Calling it a great day for India,...

Five days before a UK court's verdict on whether Vijay Mallya can be extradited, the fugitive businessman, who is being investigated for fraud and money-laundering, appealed to various Indian banks to accept his offer to pay back 100 per cent of the principal loan amount he owes them.

A London court will announce its decision on former liquor baron Vijay Mallya's extradition on December 10, but with CBI Special Director Rakesh Asthana sent on forced leave by the central government, it's still unclear who will represent the agency at the hearing.

A lookout notice against Vijay Mallya, calling for his detention on sight at airports, was diluted months before he left India for the UK in the middle of loan fraud investigations against him. After the fugitive businessman's sensational claim about meeting Finance Minister Arun Jaitley before leaving, questions have been raised about the notice a...

A proposed law to help choke fugitives involved in major economic offences has been cleared by the government, amid investigations into a massive bank scam involving jewellery billionaires who have left the country. The Fugitive Economic Offenders Bill will help the government seize properties of those involved in fraud worth more than Rs 100 crore...

The process to extradite business tycoon Vijay Mallya from the UK -- where he had gone last year after facing heat for defaulting on loans worth Rs 9000 crore -- has started. The External Affairs Ministry is currently processing the formal request for it from the Central Bureau of Investigation, which will be sent to the authorities in UK. The liqu...

The process to extradite business tycoon Vijay Mallya - who is living in the United Kingdom -- is expected to start today, with the Central Bureau of Investigation filing an affidavit in court saying he is a wanted criminal. The move came days after the agency filed a chargesheet against the liquor baron in the Rs 900 crore IDBI loans case. The af...

The agency, probing the case for money laundering charges, has said its investigation found that the processes deployed to structure and re-structure the loan by the bank to the now-defunct airline was planned to be defrauded and that Mr Mallya and Kingfisher Airlines (KFA) had "no intent" to repay it.

Widening its probe into financial irregularities at erstwhile Kingfisher Airlines, the Serious Fraud Investigation Office (SFIO) has started examining former chiefs of various banks, including public sector lenders, for having extended fresh loans allegedly without full due-diligence amid ballooning losses at the Vijay Mallya-owned carrier.

The Enforcement Directorate (ED) has expanded the ambit of its money laundering probe against beleaguered businessman Vijay Mallya and will now investigate the alleged default of loans to the tune of Rs 6,027 crore availed from a consortium of nationalised banks, a case taken over by CBI recently.

State Bank of India has expressed its inability to divulge details of loans given to Vijay Mallya and his now defunct Kingfisher Airlines in response to an RTI query, holding that the matter is sub-judice and being looked into by investigation agencies.

A special team has been formed to investigate the AgustaWestland case and the one against Vijay Mallya by the Central Bureau of Investigation.