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Home Tag Archives: Vijay Mallya

Tag Archives: Vijay Mallya

Spotted: Absconded Businessman Makes Appearance In IND vs PAK ICC Champions Trophy 2017

By FabNewz Team
June 4, 2017
in :  Business, News
Absconded Businessman Makes Appearance

BIRMINGHAM: The much-anticipated cricket match between India and Pakistan was enjoyed by many and much to everyone’s surprise, Indian businessman Vijay Mallya was seen amongst the stands along with Indian commentator and former batsman Sunil Gavaskar. Mallya owes about Rs 9000 crore to various Indian banks and has been out of Indian jurisdiction since March 2016. However, that did not …

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Force India have signed Mercedes junior Esteban Ocon to partner Sergio Perez for F1 2017 Season

By FabNewz 2016
November 25, 2016
in :  Sports
Force

Esteban Ocon will partner Sergio Perez as Nico Hulkenberg’s replacement at Force India for the 2017 season. The young Frenchman currently drives for backmarkers Manor but will move up the grid to replace the Renault-bound Hulkenberg next year. Pascal Wehrlein, Jolyon Palmer – ultimately retained by Renault – and Felipe Nasr were also on Force India’s shortlist, but it was Ocon who …

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Vijay Mallya Has No Intention to Return, Confirmed Enforcement Directorate to the Court

By FabNewz 2016
October 21, 2016
in :  Finance
Vijay Mallya

One of the most controversial businessmen of India has no interest to return to India. The statement was given by the Enforcement Directorate to the Delhi Court. The statement was made in the backdrop of Mallya’s claim that he wanted to return to India but was “incapacitated” to travel as his passport had been revoked by Indian authorities. ED submitted …

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Vijay Mallya is Asked by the Supreme Court to Disclose His Assets In a Month

By FabNewz 2016
October 6, 2016
in :  Business News
Vijay Mallya

When it comes to the latest victim of stark controversy, we are aware of the liquor baron Vijay Mallya. According to the latest news, the Supreme Court has directed Vijay Mallya to fully disclose his foreign assets within a month. The well-known owner of Kingfisher Airlines was caught in a scandal when in the year 2009 after IDBI Bank provided …

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CBI Set SIT To Take Action Against Agusta Westland & Vijay Mallya

By FabNewz 2016
June 11, 2016
in :  Business News
Vijay Mallya

Central Bureau of Investigation (CBI) accessed over to form Special Investigation Team (SIT) whilst entering into a matter of Augusta Westland VVIP Chopper bribery scam along with loan defaulter Liquor Baron Vijay Mallya. The team queried against IAF Chief S P Tyagi in an aspect of answers regarding scams. Tyagi accused of receiving “kind” services from the middlemen procured to …

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Vijay Mallya Arrest: ED To Take Help of Interpol

By FabNewz 2016
April 27, 2016
in :  Business News
Vijay Mallya Arrest

After a series of disagreement on settlement on Kingfisher Airlines Chairman Vijay Mallya surrendering over money laundering case worth 9,000 crores INR. Now, the case got more twisted as Enforcement Directorate will take help of Interpol to arrest Mallya. The measures to curb debt of thousands of crores of rupees is likely to settle down finally after the arrest of …

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Trouble Mounts Over Liquor Baron Vijay Mallya Again

By FabNewz 2016
April 16, 2016
in :  Business
Vijay Mallya

The curious case of King of Liquor Vijay Mallya has been rounding up from past few months. The buzz of media houses, news agency and most importantly Bank officials who are trying hard to chase him down. The latest being is that Minister of External Affairs (MEA) has passed orders of deportation of Vijay Mallya and that his passport ought …

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UB Group Disclaim Diversion of 430 crores INR By Mallya

By FabNewz 2016
April 16, 2016
in :  Business News
Mallya

Former liquor baron, Vijay Mallya has get into yet another trouble but with same standards. The UB Group Chairman has been accused of misusing 430 crores INR out of 900 crores INR funded by IDBI bank for his personal purposes and buying property outside the country. The higher authorities are denying the fact and assuring that whole amount of money …

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