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Mallya

India court issues arrest warrant against tycoon Mallya

A court on Monday issued a warrant for the arrest of tycoon and lawmaker Vijay Mallya, who has left the country with creditors stepping up pressure to recover about $1.4 billion owed by his defunct Kingfisher Airlines. The latest

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India suspends passport of embattled tycoon Mallya

India has suspended for four weeks a diplomatic passport issued to embattled tycoon Vijay Mallya, who left the country last month, after creditor banks of his defunct Kingfisher Airlines stepped up pressure to recover about $1.4 billion in deb

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Mallya will not sell 'family silver' for Kingfisher

  Indian liquor baron Vijay Mallya does not have to do a deal with UK drinks giant Diageo and will not sell prized assets to rescue his grounded Kingfisher airline, he told Reuters at the weekend.  

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Kingfisher to cancel 31 flights

India's No.2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya, plans to cancel 31 flights daily till November 19, including four international flights to Bangkok, the Mint newspaper reported, citing an unnamed airline official.

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Kingfisher may launch Bahrain flights

Kingfisher Airlines could one day be operating in Bahrain, said United Breweries Group chairman Dr Vijay Mallya in Manama. Mallya, who is also the owner and team principal of Formula One team Force India, was with his motor racing outfit a

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Gandhi items to return to India after auction

Items that belonged to revered Indian independence leader Mahatma Gandhi were sold at auction for $1.8 million on Thursday to an Indian tycoon who plans to donate them to his country. The seller had tried at the last minute to withdraw the

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