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India asks UK to deport embattled tycoon Vijay Mallya| Reuters

Apr 28, 2016 at 23:30 | Source: FirstPost

NEW DELHI India said on Thursday it had asked Britain to deport Vijay Mallya, the liquor tycoon who flew to London last month as bankers pressed him to repay about $1.4 billion owed by his defunct Kingfisher Airlines.The Ministry of External Affairs ...

Dear SC: Judiciary too has to take blame for the bad loan mess

Apr 28, 2016 at 09:51 | Source: FirstPost

The Supreme Court has raised certain important questions on the state of bad loans that has gripped India's Rs 101 trillion banking industry and has sought to overhaul the banking system in this context. Responding to a petition filed by NGO 'Centre ...

Dear SC: Judiciary too has its share in the bad loan mess

Apr 27, 2016 at 18:19 | Source: FirstPost

The Supreme Court has raised certain important questions on the state of bad loans that has gripped India's Rs 101 trillion banking industry and has sought to overhaul the banking system in this context. Responding to a petition filed by NGO 'Centre ...

SCs concern on bad loan issue is welcome; but judiciary too has its share in the mess

Apr 27, 2016 at 15:44 | Source: FirstPost

The Supreme Court has raised certain important questions on the state of bad loans that has gripped India's Rs 101 trillion banking industry and has sought to overhaul the banking system in this context. Responding to a petition filed by NGO 'Centre ...

SC orders assets details of Mallya family be given to banks

Apr 26, 2016 at 19:17 | Source: FirstPost

New Delhi: The Supreme Court today dismissed beleagured Vijay Mallya's prayer for protection from disclosure of his assets and those of his family, in India and abroad, to Kingfisher Airlines' lenders, saying "no tangible" grounds have been...

Supreme Court asks Mallya to disclose all assets including that of wife, children

Apr 26, 2016 at 17:17 | Source: FirstPost

The Supreme Court on Tuesday cracked the whip on embattled liquor-baron, Vijay Mallya asking him to disclose all assets, including foreign assets and that of his wife and children. The apex court, hearing a plea from Mallya, also directed the Bangalo...

Supreme Court asked Mallya to disclose all assets including that of wife, children

Apr 26, 2016 at 16:53 | Source: FirstPost

The Supreme Court on Tuesday cracked the whip on embattled liquor-baron, Vijay Mallya asking him to disclose all assets, including foreign assets and that of his wife and children. The apex court, hearing a plea from Mallya, also directed the Bangalo...

Applying for job in SBI? Make sure you haven't defaulted on your EMIs

Apr 25, 2016 at 10:37 | Source: FirstPost

Hyderabad: If you want to apply for a job atState Bank of India (SBI), any default on loans or credit cardpayment will render your ineligible.SBI, which is in the process of recruiting JuniorAssociates (Customer Support & Sales) and Junior Ag...

CBI to seek diplomatic help in Vijay Mallya case, to send letter rogatory to five nations

Apr 25, 2016 at 08:00 | Source: FirstPost

After revoking the passport of Vijay Mallya, the government is all set to take the next step to intensify the investigation against the embattled liquor baron, facing charges of Rs 9,000 crore loan default and alleged financial irregularities. The go...

All noise, no proof: Is govt chasing a wild goose by revoking Mallya's passport?

Apr 25, 2016 at 07:18 | Source: FirstPost

After revoking the passport of Vijay Mallya, the government is all set to take the next step to intensify the investigation against the embattled liquor baron, facing charges of Rs 9,000 crore loan default and alleged financial irregularities. The go...

All noise, no proof: Is govt chasing wild goose by revoking Mallya's passport?

Apr 24, 2016 at 13:54 | Source: FirstPost

After revoking the passport of Vijay Mallya, the government is all set to take the next step to intensify the investigation against the embattled liquor baron, facing charges of Rs 9,000 crore loan default and alleged financial irregularities. The go...

Mallya default case : Diageo says DRT has no power to attach $40 million

Apr 22, 2016 at 13:10 | Source: FirstPost

Bengaluru: Diageo plc on Thursday challenged Debt Recovery Tribunal's power to direct it to deposit USD 40million, a part of USD 75 million payout package signed with liquor baron Vijay Mallya who is facing a multi-agency probe including for alleged ...

Defiant Vijay Mallya tells SC he won't disclose foreign asset details to banks

Apr 21, 2016 at 19:04 | Source: FirstPost

Liquor Baron, Vijay Mallya, in an affidavit submitted in the Supreme Court on Thursday, said non-resident Indians (NRIs) are not obliged to disclose overseas assets, CNBC TV 18 reported. Mallya also sought permission to submit details of his assets i...

Defiant Vijay Mallya refuses to disclose foreign asset details to banks

Apr 21, 2016 at 18:23 | Source: FirstPost

Liquor Baron, Vijay Mallya, in an affidavit submitted in the Supreme Court on Thursday, said non-resident Indians (NRIs) are not obliged to disclose overseas assets, CNBC TV 18 reported. Mallya also sought permission to submit details of his assets i...

Marathwadas drought: Crop insurance for farmers not adequate to cover cultivation costs

Apr 18, 2016 at 14:32 | Source: FirstPost

Latur: Ram Venkat Rao Hande rues the day he paid the insurance premium to safeguard his crop. In 2014, the farmer shelled out Rs 3,001 to cover the channa (chickpea) that he had cultivated on his 4.5 acres land in Ausa taluka of Latur district. Unsea...

Vijay Mallya passport suspended: Is he another Lalit Modi in the making?

Apr 16, 2016 at 08:05 | Source: FirstPost

If Vijay Mallya doesnt fall in line within a weeks time and explain his intent to return home and pay up banks, he will officially become a an outlaw staying in a foreign country without valid legal documents (Mallya is believed to be in UK now). On ...

Is Vijay Mallya a Lalit Modi in the making? It's a battle where no one really wins

Apr 15, 2016 at 19:45 | Source: FirstPost

If Vijay Mallya doesnt fall in line within a weeks time and explain his intent to return home and pay up banks, he will officially become a an outlaw staying in a foreign country without valid legal documents (Mallya is believed to be in UK now). On ...

Vijay Mallya is a Lalit Modi in making? Its a battle where no one really wins

Apr 15, 2016 at 18:56 | Source: FirstPost

If Vijay Mallya doesnt fall in line within a weeks time and explain his intent to return home and pay up banks, he will officially become a an outlaw staying in a foreign country without valid legal documents (Mallya is believed to be in UK now). On ...

Marathwada's drought: Why debt-ridden farmers are deemed least creditworthy

Apr 15, 2016 at 15:22 | Source: FirstPost

Latur: Mujeeb Sheik, a farmer from Gangapur Village in Latur district owns three acres of land. He cannot raise a loan of more than Rs 15,000 per acre from a bank. Going by prevalent market rates, Sheiks farm is worth Rs 10 lakh per acre.His difficul...

Celebrations can wait: One good monsoon will not undo two droughts

Apr 15, 2016 at 07:35 | Source: FirstPost

Indians have hailed twin, almost identical predictions, about a bountiful monsoon this year after two successive years of deficient rainfall. It is as if the skies will open up with good fortune.In essence, 106 per cent in 2016 could mean the highest...

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