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Vijay Mallya Arrested In UK In Money Laundering Case: Sources

Liquor baron Vijay Mallya was arrested for the second time in the UK this year, in a case of money laundering, sources said today. Mr Mallya is out on bail in another case in which he was arrested in April following India's extradition request. The...

Working to recover loans from Kingfisher Airlines: Banks

NewZNew (Mumbai) : Private sector banks, which have shied away from tagging Kingfisher Airlines chairman Vijay Mallya a 'wilful defaulter' as some key public sector lenders have done, say that they are exploring "all options" to recover their loans. At least two banks, the...