ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

Enforcement Directorate to approach court to attach industrialist’s properties worth Rs 4,000 crore The Enforcement Directorate (ED) has attached nine assets of beleaguered industrialist......

Who is the key man of Mallya empire abroad?

An Indian origin attorney based in Switzerland is turning out to be a key man of Vijay Mallya’s empire abroad. Sixty-four-year-old Jay Vallabh is named director and authorised signatory in......

ED, Sebi to probe Mallya-Diageo deal for South African Breweries

The acquisition of South African Breweries’ traditional beer business by Diageo is part of a complex web of transactions signed by the British firm with Mallya. The Securities and Exchange......

Mallya received part of Diageo funds in offshore accounts

In 2012, Diageo had paid Rs 3,635 crore to Mallya for his 19.3 per cent stake in United Spirits. Vijay Mallya, chairman of UB group, received part of the proceeds from the sale of shares in United......

Why Sahara may find it difficult to sell stake in Force India F1 team

- Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be......