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 ...
The Fugitive Economic Offenders Bill law will go to the upper house and the president in the coming days.
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 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 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.
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.
Indebted tycoon Vijay Mallya on Sunday accused Indian government agencies of deeming him ‘guilty without trial’ and lambasted the country's financial crime ...
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'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'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.
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.
Embattled Indian tycoon Vijay Mallya has proposed to repay ?40bn ($603mn), less than half of what his defunct Kingfisher Airlines owes to creditor banks.