UB Group
SC finds Mallya guilty of contempt over $40-mn transfer to kids
09 May 2017
The Supreme Court directed former liquor baron and absconding businessman Vijay Mallya to appear before it for arguments on the quantum of punishment on 10 July
Heineken in strong bid to buy out Mallya’s UB stake: report
03 May 2017
Dutch beer maker Heineken International has approached banks with a proposal to buy out all of embattled businessman Vijay Mallya’s shares in United Breweries that are pledged with them
Vijay Mallya arrested in London, likely to be deported to India
18 Apr 2017
Vijay Mallya had fled the country and sought refuge in the United Kingdom, after a lookout notice was issued against him over financial irregularities in his dealings with banks and within his business empire
Vijay Mallya to be extradited, UK court may issue arrest warrant
24 Mar 2017
The British government has certified India's request for loan defaulting liquor baron Vijay Mallya's extradition and a UK court is considering issuing warrant for the same, an MEA spokesman said
India again asks UK to extradite Vijay Mallya
10 Feb 2017
Karnataka HC orders winding up of United Breweries to recover Kingfisher dues
07 Feb 2017
Justice Vineet Kothari delivered the winding-up order while allowing a petition filed in 2012 by IAE International Aero Engines AG, Connecticut, USA over the Rs153 crore that KAL and UBHL owed it in 2012
ED seizes Rs1,600-cr worth of Vijay Mallya’s assets in PMLA case
12 Nov 2016
These seizures will be over and above the two earlier attachments worth around 8,000 crore under anti-money laundering laws
Mallya served two non-bailable warrants in one day
05 Nov 2016
A Delhi court on Friday issued a fresh non-bailable warrant (NBW), the second one in a day, against beleaguered liquor baron and chairman of grounded Kingfisher Airlines, Vijay Mallya, over refusal to present himself in a 2012 cheque bounce case
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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