Vijay Mallya New

India is in touch with the British government over the extradition of fugitive liquor baron Vijay Mallya after he exhausted legal options against New Delhi's request to the UK to extradite him.

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

Fugitive businessman Vijay Mallya Monday told the Bombay High Court that confiscation of his properties under the newly-enacted Fugitive Economic Offenders Act (FEOA) was draconian and it will not help the creditors.

Vijay Mallya became the first tycoon to be charged under a new anti-fraud law, with a court in Mumbai today naming him as an offender under the Fugitive Economic Offenders Act, 2018. The anti-corruption court was hearing an application by the Enforcement Directorate, seeking a direction to declare Mr Mallya a fugitive economic offender.

The Sahara Force India F1 team was finally put to rest when the team changed hands from Vijay Mallya to Lawrence Stroll, and was renamed Racing Point Force India. The new Stroll-led consortium of investors decided to drop Force India altogether and keep the name as just 'Racing Point' for 2019. Now, however, it seems that the Silverstone-based team...

BJP parliamentarian Shatrughan Sinha's latest darts on social media at Prime Minister Narendra Modi came with Ganesh Chaturthi greetings -- and another broadside, amid a massive controversy and sparring over fugitive businessman Vijay Mallya and his claim that he met with Finance Minister Arun Jaitley before his escape to the UK.

Absconding tycoon Vijay Mallya wants to return to India and has been sending feelers continuously for the last two months, sources in investigating agencies have told NDTV. Officials say the tycoon, who has extensive property in India which has been attached by the investigative agencies, want to regain control over it.

A special court in Mumbai today fixed September 3 as the next date of hearing in the Vijay Mallya fugitive economic offender declaration case as some other parties have sought to implead themselves in the matter pertaining to the alleged default of over Rs 9,000 crore bank loans, officials said.

The Force India Formula 1 team co-owned by Vijay Mallya has been in deep financial trouble for a while now. With rumours of the team shutting down day-to-day operations, Sergio Perez, one of the current drivers approached courts in the United Kingdom. His move was prompted by the fact that last Wednesday (July 25, 2018), one of the creditors who is...

A PMLA court in Mumbai today summoned diamond jeweller Nirav Modi and his uncle Mehul Choksi to appear before it on September 25 and 26 respectively on the Enforcement Directorate's plea seeking action against them under the new fugitive economic offenders law in the alleged USD 2 billion PNB bank fraud case, officials said.

Vijay Mallya, the embattled tycoon wanted in India on loan default and money-laundering charges, is reported to have sent feelers to central agencies and the government that he is willing to come back to the country to face the law, sources in the Enforcement Directorate, which fights financial crimes, have said.

Billionaire Lawrence Stroll and father of Formula 1 driver Lance Stroll has reported to have bought the Sahara Force India F1 team. Stroll will be replacing its current owners Vijay Mallya, Subrata Roy and Michael Mol. Both Roy and Mallya have been embroiled in financial illegalities respectively, while the team hasn't been doing well financials, w...

India made its first official move today to clampdown against big bank loan defaulters under a new law as the Enforcement Directorate (ED) moved a court against liquor baron Vijay Mallya seeking to declare him a 'fugitive offender' and to confiscate his assets worth Rs 12,500 crore.

The Enforcement Directorate on Monday charged embattled liquor baron Vijay Mallya and his two firms for fraudulently "diverting" over Rs 3,700 crore bank loan funds to a UK-based F1 motorsport firm, a T20 IPL team, and for enjoying private jet sorties.

The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Brew...

India is in touch with the British government over the extradition of fugitive liquor baron Vijay Mallya after he exhausted legal options against New Delhi's request to the UK to extradite him.

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country's old dynasties.

Fugitive businessman Vijay Mallya Monday told the Bombay High Court that confiscation of his properties under the newly-enacted Fugitive Economic Offenders Act (FEOA) was draconian and it will not help the creditors.

Vijay Mallya became the first tycoon to be charged under a new anti-fraud law, with a court in Mumbai today naming him as an offender under the Fugitive Economic Offenders Act, 2018. The anti-corruption court was hearing an application by the Enforcement Directorate, seeking a direction to declare Mr Mallya a fugitive economic offender.

The Sahara Force India F1 team was finally put to rest when the team changed hands from Vijay Mallya to Lawrence Stroll, and was renamed Racing Point Force India. The new Stroll-led consortium of investors decided to drop Force India altogether and keep the name as just 'Racing Point' for 2019. Now, however, it seems that the Silverstone-based team...

BJP parliamentarian Shatrughan Sinha's latest darts on social media at Prime Minister Narendra Modi came with Ganesh Chaturthi greetings -- and another broadside, amid a massive controversy and sparring over fugitive businessman Vijay Mallya and his claim that he met with Finance Minister Arun Jaitley before his escape to the UK.

Absconding tycoon Vijay Mallya wants to return to India and has been sending feelers continuously for the last two months, sources in investigating agencies have told NDTV. Officials say the tycoon, who has extensive property in India which has been attached by the investigative agencies, want to regain control over it.

A special court in Mumbai today fixed September 3 as the next date of hearing in the Vijay Mallya fugitive economic offender declaration case as some other parties have sought to implead themselves in the matter pertaining to the alleged default of over Rs 9,000 crore bank loans, officials said.

The Force India Formula 1 team co-owned by Vijay Mallya has been in deep financial trouble for a while now. With rumours of the team shutting down day-to-day operations, Sergio Perez, one of the current drivers approached courts in the United Kingdom. His move was prompted by the fact that last Wednesday (July 25, 2018), one of the creditors who is...

A PMLA court in Mumbai today summoned diamond jeweller Nirav Modi and his uncle Mehul Choksi to appear before it on September 25 and 26 respectively on the Enforcement Directorate's plea seeking action against them under the new fugitive economic offenders law in the alleged USD 2 billion PNB bank fraud case, officials said.

Vijay Mallya, the embattled tycoon wanted in India on loan default and money-laundering charges, is reported to have sent feelers to central agencies and the government that he is willing to come back to the country to face the law, sources in the Enforcement Directorate, which fights financial crimes, have said.

Billionaire Lawrence Stroll and father of Formula 1 driver Lance Stroll has reported to have bought the Sahara Force India F1 team. Stroll will be replacing its current owners Vijay Mallya, Subrata Roy and Michael Mol. Both Roy and Mallya have been embroiled in financial illegalities respectively, while the team hasn't been doing well financials, w...

India made its first official move today to clampdown against big bank loan defaulters under a new law as the Enforcement Directorate (ED) moved a court against liquor baron Vijay Mallya seeking to declare him a 'fugitive offender' and to confiscate his assets worth Rs 12,500 crore.

The Enforcement Directorate on Monday charged embattled liquor baron Vijay Mallya and his two firms for fraudulently "diverting" over Rs 3,700 crore bank loan funds to a UK-based F1 motorsport firm, a T20 IPL team, and for enjoying private jet sorties.

The Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Brew...