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MALLYA DEBT
Vijay Mallya slams Indian banks, says they should be ‘ashamed’ over recovery transparencyFugitive businessman Vijay Mallya has criticized Indian public sector banks for allegedly withholding details of asset recoveries. He state...- Vijay Mallya claims Pranab Mukherjee told him to keep flying despite crisis in Kingfisher cabinVijay Mallya accuses former Finance Minister Pranab Mukherjee of denying Kingfisher Airlines' downsizing request during the 2008 crisis, cl...
- Vijay Mallya loses appeal against UK bankruptcy orderVijay Mallya lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to...
- Vijay Mallya claims banks have recovered Rs 14,131 crore in case, double debt he owedIndian banks have recovered assets worth Rs 14,131.6 crore linked to Vijay Mallya, surpassing the Debt Recovery Tribunal's 2017 award. Mall...
- Vijay Mallya challenges bankruptcy proceedings in London HC, seeks annulmentVijay Mallya is seeking an annulment of a bankruptcy order by Indian banks in English courts following Finance Minister Nirmala Sitharaman'...
- Will pursue relief for ED, banks taking twice debt owed: Vijay MallyaVijay Mallya claims banks have recovered over double the Rs 6,203 crore debt adjudicated by the Debt Recovery Tribunal, including interest....
- Do not use Indian cases to stall proceedings in UK: SC to MallyaThe Supreme Court on Monday asked chairman of the now defunct Kingfisher Airlines Vijay Mallya not to use the cases pending against him in ...
- Declaring me fugitive offender is like giving 'economic death penalty': Mallya tells High CourtMallya made the statement through his counsel Amit Desai before a bench of justices Ranjit More and Bharati Dangre.
- Vijay Mallya will have to pay Rs 1.5 crore more for banks' legal costsMallya will have to fork out £375,000 (Rs 3.3 crore) in total in legal costs for the banks in this case.
- Vijay Mallya says ready to talk to banks for one-time settlementMallya added that he has "humbly obeyed every single court order without exception" and "seems as if government is bent on holding me guilt...
- SBI seeks DRT certificate to recover debts from Vijay MallyaHe made the plea while making a submission on its original application seeking recovery of debts from Mallya and his companies before DRT P...
- USL to reduce debt by up to Rs 2,000 crore in two yearsMallya is currently facing arrest over allegations of defaulting bank loans of over Rs 9,400 crore. India is trying to bring Mallya back in...
- Vijay Mallya's debt case may be studied at IIM-AThe IIM-A professors are mulling over project 'The Liquor Baron's debt fiasco' as a case study for the business school students.
- Give fair chance to Vijay Mallya, stop media trial: Kiran Mazumdar-ShawResolution of debt and financial disputes take a long time in the country due to lack of a bankruptcy law, Mazumdar-Shaw said.
- Vijay Mallya row: Why no action against other big defaulters, asks Deve GowdaJDS's backing had helped Mallya become a Rajya Sabha member for two terms from Karnataka in 2002 and 2010.
- In bid to reduce debt, USL puts plan to sell properties on fast trackAccording to the agreement between Diageo and Vijay Mallya, United Spirits’ former chairman, the controversial businessman has the right of...
- 13 banks move SC to stop Vijay Mallya, but he's already left IndiaMallya is believed to have left for overseas a few days ago. Banks urged the court to stop him from going abroad as they claimed he owed th...
- Diageo starts talks to buy into United SpiritsNegotiations are underway to structure a deal that would arm Mallya with enough cash to revoke pledges on shares of United Spirits, the fla...
- Kingfisher Airlines not seeking bailout, to focus on high-end business: Vijay MallyaMallya said that Kingfisher was undertaking steps to reduce interest cost, streamlining of existing fleet order & has applied for direct im...
- Mallya plans to raise Rs 1,500 cr to cut United Spirits debtLiquor baron Vijay Mallya has said he will look at raising funds to the tune of Rs 1,500 crore to bring down the debt of his flagship compa...
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