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Gulf Independent - Vijay-Mallya
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Indian parliament rejects Mallya's resignation INTERNATIONAL

Indian parliament rejects Mallya's resignation

India's upper house of parliament has rejected Vijay Mallya's resignation of his seat, saying a letter the embattled tycoon sent from Britain did not conform to "procedures" or carry an original signature.

4:45 AM November 25 2016
Indian tycoon Mallya prepared to settle debts: FT INTERNATIONAL

Indian tycoon Mallya prepared to settle debts: FT

Former Indian airline boss Vijay Mallya said he is prepared to settle millions of dollars owed to banks after the collapse of his firm, in an interview published in the Financial Times on Friday.

4:45 AM November 25 2016
Indian investigators want Britain to deport Mallya INTERNATIONAL

Indian investigators want Britain to deport Mallya

India's financial crimes agency is seeking the deportation of former airline boss Vijay Mallya from Britain, after he left the country owing more than $1bn.

4:45 AM November 25 2016
Indian foreign ministry suspends Vijay Mallya's passport INTERNATIONAL

Indian foreign ministry suspends Vijay Mallya's passport

India's government said it had temporarily suspended the passport of beleaguered tycoon Vijay Mallya, after he failed to appear before financial crime investigators in connection with a money laundering probe.

4:45 AM November 25 2016
India regulator gets tough on 'wilful defaulters' INTERNATIONAL

India regulator gets tough on 'wilful defaulters'

India's market regulator Saturday announced a clampdown on "wilful defaulters" as the government tackles mounting bad bank loans, days after tycoon Vijay Mallya left the country owing more than $1 billion.

4:45 AM November 25 2016
Indian tribunal halts $75mn payout to Vijay Mallya INTERNATIONAL

Indian tribunal halts $75mn payout to Vijay Mallya

An Indian tribunal halted a $75mn severance payout from spirits giant Diageo to Vijay Mallya, a beleaguered liquor baron accused of defaulting on hundreds of millions of dollars in loans.

4:45 AM November 25 2016