Vijay Mallya

Embattled Mallya spends £16k a month on fleet of cars

Vijay Mallya, the former head of India's United Spirits, spends £16,000 a month on maintaining his fleet of cars while his overseas assets, outside of India, total just $114 million, his legal team told the High Court in London yesterday.

Courts raise Mallya’s weekly spending limit to £18,000

Vijay Mallya, the former head of India's United Spirits facing extradition proceedings in London, has been given a raise to fund his lavish lifestyle.

Heineken poised to take majority stake in United Breweries

Heineken could become a majority shareholder in United Breweries after reportedly approaching the Indian authorities about buying the shares confiscated from the company's former owner, Vijay Mallya.

Indian banks ‘broke rules’ when lending money to Mallya

The chief magistrate at the extradition hearing of the former head of United Spirits, Vijay Mallya, has said that it was "blindingly obvious" that rules were being broken by Indian banks that loaned funds to his failed Kingfisher Airlines.

Vijay Mallya given bail

June 14th, 2017

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