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National Stock Exchange of India - National Stock Exchange of India Delayed Price. Currency in USD
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  • Reuterslast year

    Exiled tycoon Mallya: India wrong to sequester some assets in graft case

    Exiled tycoon Vijay Mallya said on Sunday that Indian authorities trying to recover about $1.4 billion from his collapsed Kingfisher Airlines had no legal grounds for sequestering certain assets in a money laundering case. The Enforcement Directorate (ED) tweeted on Saturday that it had "attached" properties worth 14.11 billion Indian rupees ($210.78 million) in the case involving a loan from state-owned IDBI Bank (IDBI.NS) to Kingfisher to buy properties abroad. The assets were purchased several years before Kingfisher was launched, Mallya said in a statement to the media on Sunday.

  • Bloomberglast year

    Mallya Doubts Fair Trial in `Hysteria' Over Kingfisher Loans

    Vijay Mallya, the businessman India termed a fugitive after defaulting on debt owed by his failed Kingfisher Airlines Ltd., said he is skeptical he will get a fair trial back home amid the “media frenzy ...

  • Mallya Faces Expulsion From Indian Parliament as Passport Voided
    Bloomberglast year

    Mallya Faces Expulsion From Indian Parliament as Passport Voided

    Vijay Mallya, the founder of the failed Kingfisher Airlines Ltd. who is now battling creditors, is facing expulsion from the upper house of India’s parliament in the latest move by the government in its ...