Mallya runs out of legal options, faces extradition

Mallya runs out of legal options, faces extradition

Fugitive businessman Vijay Mallya on Thursday lost his appeal in the UK Supreme Court against his extradition to India, clearing a major roadblock for the Narendra Modi government ...

India approves bill to prosecute fugitive tycoons

India approves bill to prosecute fugitive tycoons

The Fugitive Economic Offenders Bill law will go to the upper house and the president in the coming days.

India plans to seize property of economic offenders who flee abroad

India plans to seize property of economic offenders who flee abroad

The cabinet had also approved the constitution of a National Financial Reporting Authority, which would be "an oversight body" monitoring accounting and auditing irregularities, Jaitley said.

Indian tycoon Mallya in UK court for extradition hearing

Indian tycoon Mallya in UK court for extradition hearing

Indian tycoon Vijay Mallya appeared in a London court on Monday to start his fight against extradition to his homeland, where he is accused of fraud.

India's Vijay Mallya sacked from United Breweries board

India's Vijay Mallya sacked from United Breweries board

India's United Breweries has fired indebted beer baron Vijay Mallya from his non-executive chairman role following an order from the country's market regulator, it said in a stock exchange filing late Wednesday.

India lenders told to recover loans from tycoon Mallya

India lenders told to recover loans from tycoon Mallya

An Indian court ordered a consortium of banks Thursday to start the process of recovering loans from the tycoon Vijay Mallya who has refused demands to return home from exile in Britain.

India's Mallya says being deemed 'guilty without trial'

India's Mallya says being deemed 'guilty without trial'

Indebted tycoon Vijay Mallya on Sunday accused Indian government agencies of deeming him ‘guilty without trial’ and lambasted the country's financial crime ...

India's bid to bring home tycoon Mallya rebuffed; to keep trying

India's bid to bring home tycoon Mallya rebuffed; to keep trying

India has failed in its initial attempt to secure the return of debt-strapped tycoon Vijay Mallya from Britain but New Delhi said on Wednesday it would continue to seek his repatriation to face his creditors.

India asks Britain to deport liquor tycoon

India asks Britain to deport liquor tycoon

India's foreign ministry said Thursday it has asked Britain to deport the embattled former airline boss Vijay Mallya, who is embroiled in money laundering investigations.

India revokes liquor baron Mallya's passport amid loan probe

India revokes liquor baron Mallya's passport amid loan probe

India's government has revoked former airline boss Vijay Mallya's passport, after he failed to appear before investigators over a loan probe, the foreign ministry said Sunday.

Indian court issues arrest warrant for liquor tycoon

Indian court issues arrest warrant for liquor tycoon

An Indian court on Monday issued an arrest warrant for the embattled tycoon Vijay Mallya, who left the country owing more than $1 billion, an official told AFP.

Indian tycoon Mallya offers to repay $603mn of loans

Indian tycoon Mallya offers to repay $603mn of loans

Embattled Indian tycoon Vijay Mallya has proposed to repay ?40bn ($603mn), less than half of what his defunct Kingfisher Airlines owes to creditor banks.