Page 26 - Latest Updates on Vijay Mallya

Mallya group's Rs 350-cr UB shares sold in 4th quarter

Significant portion of sales included unencumbered shares of UB (Holdings); stake of Mallya-controlled entities fall 1.58%

Banks look to drive a hard bargain with Mallya

Facing flak for not being prompt enough in taking action against Vijay Mallya, banks now want to be seen as acting in public interest

Vijay Mallya takes Rs 1.7 cr pay package from US brewery firm

More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands

Mallya's group denies he diverted loan money to buy property abroad

Vijay Mallya's business model could be at fault: Arun Jaitley

Said the airline sector is doing well in India, with many carriers making good profits

Mallya's passport suspended; ED seeks warrant

Liquor baron has a week to respond why his passport should not be revoked

Post-suspension of Mallya's diplomatic passport, here's what awaits him

Once his passport is cancelled, Mallya will lose the right to live in any other country or travel outside India and CBI can ask Interpol to issue a notice for Mallya's arrest

Vijay Mallya may make a revised offer of Rs 6,000 crore: Report

Offer to involve staggered payments through to September, but banks seek principal payment immediately, The Economic Times reports

No further summons, ED may move court against Vijay Mallya

Revoking passport, non-bailable warrant or action under Prevention of Money Laundering Act on the cards

Vijay Mallya's Rs 4,000 crore offer shows his 'intention' to repay loan: Assocham

In the case of Kingfisher Airlines and Mallya, Assocham secretary general said let there not be a media and public trial

Mallya fails to appear before ED again

He was first summoned by the ED to "appear in person" at its office in Mumbai on March 18 but he sought more time citing his prior engagements

Vijay Mallya misses ED meeting again, seeks extension till May

Mallya said in an email that he is working on a repayment plan with banks and needs time until May

Panama Papers: Firm in British Virgin Islands linked directly to Vijay Mallya

Industrialist said to be operating the entity from his residential address in Bengaluru, The Times of India reports

Double blow for Mallya

Banks reject proposal to pay back Rs 4,000 crore by September; SC orders disclosure of his personal and family assets by April 21

Lenders to step up pressure on Vijay Mallya for a better offer

Recovery proceeding a to stay on course; lenders to make sure that Mallya does not use delaying tactics

Disclose all assets by April 21, says SC to Mallya as banks seek deposit

Lenders say they cannot forego principal amount; court grants Mallya time till April 21 to respond

5 questions that Vijay Mallya's settlement offer raises

Vijay Mallya has offered to settle dues of Rs 9,000 crore by paying Rs 4,000 crore, less than half of what he owes to a consortium of banks

ED preparing for Letters Rogatory in Mallya-Kingfisher Airlines probe

The agency, meanwhile, has also written to the RBI to understand the nuances of a 2010 policy decision to widen the corporate debt restructuring scheme to include the aviation sector

Vijay Mallya's craft beer firm brews fresh funding in US

California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its Chairman and is owned by UB Group through a complex shareholding s

ED preparing for LRs in Vijay Mallya's money laundering probe

Investigators are looking at countries like South Africa, UK, USA, Hong Kong, France, as part of its probe conducted till now in the case