This is the first time that action has been initiated under the ordinance recently promulgated by the Modi government to deal with fugitive...

Mallya tweeted: "Wide sensational media coverage on my attendance at the IND v PAK match at Edgbaston. I intend to attend all games to chee...

Kingfisher Airlines collected service tax from passengers but did not deposit it with the Department of Service Tax. The department then mo...

Earlier today, CBI has searched the offices of Vijay Mallya-owned United Breweries (UB) group in Bengaluru, informed a CBI official.

"Although we are not leader of the consortium, we want him to pay the full amount," PNB MD Usha Ananthasubramanian said.

The rules laid down for wilful default should be strictly followed," Ficci President Harshavardhan Neotia said in a statement.

Resolution of debt and financial disputes take a long time in the country due to lack of a bankruptcy law, Mazumdar-Shaw said.

Several members said until they receive any government or regulator's notice questioning Mallya's position they have no plans to ask him to...

Amid probe against Vijay Mallya in the alleged loan fraud case, Former Union Finance Minister Yashwant Sinha said willful defaulters having...

JDS's backing had helped Mallya become a Rajya Sabha member for two terms from Karnataka in 2002 and 2010.

The government will use all resources including extradition treaty to bring Vijay Mallya back home if he is found guilty by the courts.

UBI 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.

Sources said that Mallya's role is being probed as the head of the company as initial investigations have pointed to possible misuse of ban...

A two judge bench of the SC summarily waived off Kingfisher's objections that its chairman was declared a "wilful defaulter" by the UBI's G...

A day after being dragged to court by Kingfisher Airlines, UBI has got a shot in the arm in its fight against the grounded airline.

The Calcutta High Court has refused to grant him exemption from a personal appearance before the United Bank of India Grievance Redressal P...

The development comes on the day that Vijay Mallya and KFA officials were supposed to meet with United Bank of India officials to present t...