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Ubs Billionaire

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In Space, On a Joyride

Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek. IMAGE: Sir Richard Branson poses on the floor of the New York Stock Exchange ahead of......

'Gandhi would not have approved of this circus'

UB Group Chairman Vijay Mallya made international headlines last Thursday when he bought Mahatma Gandhi's memorabilia for a whopping $1.8 million from an auction in New York. The New York Times......

Special: How the vote was won

Managing Editor Sheela Bhatt provides an inside view of the behind-the-scenes wheeling and dealing that culminated in the trust vote in Parliament last week. "The glamour of winning the confidence......

Private philanthropy outstripped corporate largesse by 42% in FY20

The share of domestic companies in total private philanthropy, declined from 29 per cent to 28 per cent. Illustration: Uttam Ghosh/Rediff.com Individuals flew the flag for philanthropy in FY20,......

UK court denies Mallya nod to appeal extradition

‘The appellant (Mallya) has five business days to apply for oral consideration. If a renewal application is made, it will be listed before a high court judge and dealt with at a......

Banks set to reject Mallya's loan repayment offer

Vijay Mallya, once known as the ‘King of Good Times’, left India on March 2 as Kingfisher's creditor banks stepped up pressure on him.     A group of Indian......

How Mallya squandered money on yachts, jets and islands

  Vijay Mallya went on a buying spree abroad, including a penthouse in New York’s Trump Plaza, but had to sell some as troubles mounted at home In his declaration of interests to the......

No longer so secret, Swiss banks look to expand after purge

A global tax data sharing programme, which Switzerland is set to implement from 2018, could trigger a fresh round of outflows, especially from emerging market depositors.  Switzerland's......

Formula One delays $3 bln Singapore IPO on weak markets

Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the......

Jordan is Force India's role model

Eddie Jordan had fun in Formula One and now Indian tycoon Vijay Mallya intends to bring back the good times after buying the team founded by the Irish entrepreneur. Force India will represent a......

Mallya wants Indian driver in F1

Indian businessman Vijay Mallya said on Tuesday he wants to bring an Indian driver back into Formula One once he takes over the struggling Spyker team. "An Indian team with an Indian driver would......

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