Jun 21, 2016 at 17:54 | Source: PTI
Embattled businessman Vijay Mallya is quitting as the Chairman of Bayer CropScience Ltd after over 12 years of holding the position in the company
Jun 16, 2016 at 06:54 | Source: PTI
Making submissions before DRT Presiding Officer C R Benakanahalli, SCB's counsel G Krishnamurthy argued that the fact that Mallya did not object to the interim order passed by DRT preventing SCB's transaction with Diageo Plc stands clear 'testimony' to collusion between the liquor baron and banks.
Jun 07, 2016 at 19:18 | Source: PTI
The Debt Recovery Tribunal today advised SBI-led consortium of banks in Vijay Mallya case to make coordinated efforts among themselves to recover around Rs 2000 crore parked in courts in the country and reduce losses to the tune of over Rs 9000 core incurred by the banks.
Jun 02, 2016 at 21:04 | Source: PTI
After filing of interlocutory applications by Diagio, UBHL and Kingfisher, DRT Presiding Officer Benakanahalli posted the matter for next hearing tomorrow.
May 27, 2016 at 17:34 | Source: PTI
The company, which had got shareholders' approval in September 2014 for remuneration of the two top executives, said in a regulatory filing it has approached the government to reconsider the decision and approve its proposal.
May 27, 2016 at 07:54 | Source: PTI
USL said in 2013-14 "certain parties had claimed that they had advanced certain amounts to certain alleged UB Group entities and that the dues owed by such parties to the company would be paid/refunded by them to the company only on receipt of their dues from such alleged UB Group entities".
May 17, 2016 at 20:12 | Source: PTI
During the proceedings, the DRT here also took the bankers to task for not exercising due deligence and take appropriate action to prevent Mallya from receiving USD 40 million.
May 12, 2016 at 11:42 | Source: NEWS18.com
Meanwhile, revenue officials in Goa have allowed the lenders to Kingfisher Airlines to take physical possession of 'Kingfisher Villa' in Candolim. The Villa, valued at Rs 90 crore, used to be Mallya's base in Goa and also the venue of many of the famous parties hosted by him during the `good times'.
May 11, 2016 at 08:19 | Source: NEWS18.com
India had written to the British High Commission in Delhi seeking Mallyas deportation to India. The ministry has written so that Vijay Mallya's presence can be secured for investigations against him under the Prevention of Money Laundering Act 2002, said MEA spokesperson Vikas Swarup had said.
Apr 21, 2016 at 14:08 | Source: CNBC-TV18
The memo was filed with respect to a USD 75 million severance package Diageo-controlled United Spirits had given to troubled tycoon Vijay Mallya, its erstwhile chairman.