News Details
The beginning of the end for Vijay Mallya?
Eccentric Indian entrepreneur Vijay Mallya is currently facing an arrest warrant issued by a Mumbai court. 60-year-old Mallya, whose Kingfisher Airlines folded in 2012, is believed to be living in London. India's Enforcement Directorate for financial crimes stated on Monday that the court had granted its request for a warrant to seek Mallya. He is to be questioned over a claim that a 120,000 ($135,000) loan from the IDBI bank was actually invested in properties overseas. Vijay Mallya's UB group, Kingfisher Airline's owners claimed the warrant was 'unjustified,' adding that it would give complete details in the coming days to account for foreign exchange remittances. Just last week India...
Full Story »
Full Story »
You May Also Be Interested In...
Non-bailable arrest warrant issued for Force India...
Non-bailable arrest warrant issued for Force India boss Vijay Mallya...
9y ago from ThisIsF1.com
Indian government suspends Mallya's passport
India's government has announced it had temporarily suspended the...
9y ago from GrandPrix247.com
Indian crime agency wants Mallya's passport be revoked
India's financial crimes agency revealed it has asked the government to...
9y ago from GrandPrix247.com
Troubled Mallya will be absent in China
Beleaguered businessman Vijay Mallya looks set to sit out yet another...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Exclusive: Jorge Martin finalising two-year Yamaha...
No description available...
8h ago from Motorsport.com
Exclusive: Honda signs Fabio Quartararo for 2027...
No description available...
12h ago from Motorsport.com
MotoGP Sepang shakedown test: Schedule, riders and how...
No description available...
1d ago from Motorsport.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
D.C. race "would be massive opportunity for...
No description available...
1d ago from Motorsport.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
2d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
3d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
5h ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'They gave us a bit of hope' - Manchester City star...
Manchester City midfielder Bernardo Silva has said that Arsenal dropping...
3h ago from SportsKeeda.com
Scouting mission confirmed: Man Utd step up move for...
Manchester United have been linked with Nathaniel Brown in recent weeks,...
5h ago from CaughtOffside.com
Little bugs
When I zoom out, it does feel a little strange to be convening a crisis...
5h ago from Arseblog.com
Paul Merson predicts Leeds vs Arsenal, Tottenham vs...
Some unbelievable stuff happened in the Premier League last weekend! I...
6h ago from SportsKeeda.com
Comments
Hottest News
Radical Aston Martin breaks cover as revolutionary design...
RacingNews365 technical analyst Paolo Filisetti... Read More »
1h ago from RacingNews365.com
A first look at Aston Martin’s radical Newey-designed...
Aston Martin finally revealed its 2026... Read More »
1h ago from F1i.com
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 4
The fourth day of on-track action for F1 in 2026... Read More »
13h ago from RacingNews365.com
