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DIAGEO ARREST
Who is Nikhil Sosale, the RCB marketing head arrested over the stampede outside Bengaluru’s Chinnaswamy Stadium?Following Royal Challengers Bengaluru's (RCB) IPL victory, a stampede during a celebration parade outside M. Chinnaswamy Stadium resulted i...- Diageo India refuses its Delhi police has summoned CEO in liquor payments case, acknowledges receiving a noticeDiageo India rebutted claims that its CEO was summoned by Delhi police over billing and discounts practices from 2017-2020. While Reuters r...
- Lens on Foreign Investment Promotion Board approvals given to Diageo under ChidambaramED and CBI probe if former FM Chidambaram and his son Karti received any kickbacks in lieu of these approvals.
- Congress: Who asked CBI to change ‘Look Out’ to ‘Inform’ notice?Surjewala asked despite Mallya owing `9,000 crore to banks, how did “the government permit” Mallya to receive millions of dollars in India ...
- Karnataka High Court issues bailable arrest warrant against Vijay MallyaThe warrant has been issued after Mallya failed to appear before the bench
- Debt Recovery Tribunal to pronounce verdict in Vijay Mallya case tomorrowDRT had on July 16 allowed another IA of the bankers for lifting of corporate veil to pierce protection against personal liability enjoyed ...
- Mallya Case: DRT reserves order on banks plea for dues recoveryThis brings the curtains down on nearly three-year legal battle in the tribunal by the consortium comprising 17 banks to recover the money ...
- After IDBI case, Enforcement Directorate probing Rs 900-crore 'forex violations' by Vijay MallyaUSL said Mallya had diverted the funds to over half a dozen companies in which he had a direct or indirect interest, mostly located in tax ...
- Vijay Mallya case: DRT advises banks to coordinate recovery of Rs 2,000 crore parked in courtsDefendants Diageo (Holdings) Netherlands and SBI-led consortium pleaded that their respective interlocutory applications be taken up for he...
- Diageo files interlocutory applicationDiageo had issued a guarantee to Standard Chartered Bank for a $135 million loan to Watson to release certain UBL shares that were to be ac...
- 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...
- Congress criticises Centre for not inquiring Vijay Mallya's transactionsCongress today made a scathing attack on the Centre "for not inquiring" various transactions of money paid to Vijay Mallya by Diageo Plc, i...
- 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...
- Banks move Supreme Court to seek Vijay Mallya's arrest over loan recoveryBanks moved the Supreme Court on Tuesday seeking the arrest of Vijay Mallya over the recovery of loans worth Rs 9,000 crore.
- United Bank of India says efforts on to declare Vijay Mallya wilful defaulterUBI was the first lender to make an attempt to declare Mallya as wilful defaulter in 2014 but it was dismissed by the Calcutta High Court.
- Vijay Mallya default case: DRT to pass its orders tomorrowDRT had reserved its order after hearing the submissions made by both parties - bankers and Mallya - on March 4.
- Vijay Mallya case: DRT reserves order on SBI plea for lender's rightSBI had moved DRT against the airline's chairman Mallya in its bid to recover over Rs 7,000-crore dues from him.
- Karnataka High Court orders issue of notice to Vijay MallyaThe Karnataka High Court today ordered issue of notice to Mallya and his defunct Kingfisher Airlines and nine other respondents on a petiti...
- Vijay Mallya's sole regret: Kingfisher Airlines not flying when oil is cheapWhen asked about his long professional journey, Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got '...
- SBI seeks Vijay Mallya's arrest, wants his passport impoundedThe move comes after Mallya struck a $75-million deal with Diageo to exit United Spirits. He had also indicated that he was likely to reloc...
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