Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner Expanding its probe into the Rs 7000 crore (Rs 70 billion) loan default by liquor......
A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans. Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......
RBI, Enforcement Directorate to see if money was sent to tax haven The Enforcement Directorate (ED) and Reserve Bank of India have launched a probe into the transfer of Rs 4,000 crore (Rs 40......
United Breweries Ltd Chairman Vijay Mallya received over Rs 1.4 crore as commission and sitting fees during 2011-12 from the company. According to the company's annual report for 2011-12, Mallya......
As companies step into the new year, they realise that they may have to live with lower growth and costlier money as 2010 could be more challenging than 2009. That's because companies expect the......