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United Breweries Group And Kingfisher Airlines

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Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

Diageo gets hardly half a per cent in USL in open offer

Diageo Plc’s move to acquire up to 26 per cent in India’s leading whisky maker United Spirits Ltd through an open offer has failed on expected lines. Diageo got 0.4 per cent, or a......

SBI-led consortium gets over Rs 5,800-cr in Mallya loan default case: ED

A State Bank of India (SBI)-led consortium that gave loans to fugitive businessman Vijay Mallya on Friday received Rs 5,824.5 crore in its accounts after shares of UBL, earlier attached under the......

ED unearths new shell firms linked to Mallya; raids his close aide

The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd. The ED has unearthed an alleged nexus of slush funds......

Mallya diverted Rs 3,700 cr bank loan to F1, IPL and for pvt jet sorties: ED

The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law. The Enforcement Directorate on Monday charged embattled......

Mallya can be regarded as a 'fugitive from justice': UK high court

The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain......

Vijay Mallya: A man who knows the law too well

Mallya has lived on the edge for long enough to know that his extradition from the UK is not a given, says N Sundaresha Subramanian. Illustration: Dominic Xavier/Rediff.com   His recent......

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......

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