From The Grand Garden to Trump Plaza condo: Will Vijay Mallya disclose his...
The liquor baron owns several marque real estate properties across the globe, including Trump Plaza condo The post From The Grand Garden to Trump Plaza condo: Will Vijay Mallya disclose his assets...
View ArticleVijay Mallya vs banks: All-or-nothing approach won’t get them a penny
in Vijay Mallya's case, it appears, banks think quite differently from common lenders. They have taken the all-or-nothing approach to recover dues from him, which they claim amounts to around Rs 9,000...
View ArticleA Thank You letter from a crony-capitalist to PM Narendra Modi on Raghuram Rajan
Dearest Modiji, At the outset, let me thank your esteemed colleague in the BJP, Subramanian Swamy, for his brave fight against the Reserve Bank of India (RBI) governor Raghuram Rajan. Thanks to you too...
View ArticleNarendra Modi delivers punches to a media of which he is ‘scared’
Narendra Modi, an elected representative, has faced and continues to face overarching, ruthless and relentless animosity from the media. The post Narendra Modi delivers punches to a media of which he...
View ArticleVijay Mallya gets SC contempt notice for not disclosing entire assets
The contempt plea was moved by the consortium of 17 banks, which had lend to Malyya's Kingfisher Airlines, nearly to weeks back The post Vijay Mallya gets SC contempt notice for not disclosing entire...
View ArticleKingfisher House auction failed to yield a single bidder yet again
Bankers said they may have to further lower the reserve price -- which was set at Rs 150 crore in the earlier failed auction in March -- to get any prospective buyer The post Kingfisher House auction...
View ArticleVijay Mallya PMLA case: ED to now attach overseas assets, fails to evoke UK...
The ED has already attached assets worth Rs 8,041 crore as part of its criminal probe against Mallya and this time the targeted assets would include those in countries such as the UK, South Africa and...
View ArticleSBI-led lenders to auction Kingfisher Villa next month, price set at Rs 85 cr
The Villa, owned by United Breweries Holding, was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010 The post SBI-led lenders to auction Kingfisher Villa next month, price set at Rs...
View ArticlePoster boy of bad loans: Why Vijay Mallya is partly right in playing the victim
Vijay Mallya is partly correct as the government policy was a factor in the decline of Kingfisher Airlines. But it has to be remembered that other airlines too were operating in the same system. The...
View ArticleSBI’s Bhattacharya says not to write off Rs 7,000 cr loans, will go after...
SBI chairman, Arundharti Bhattacharya said it only an accounting entry, and will not write off the loans of the top defaulters The post SBI’s Bhattacharya says not to write off Rs 7,000 cr loans, will...
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