Vijay Mallya has sought closure of the long-pending case before the High Court, arguing that his civil liabilities have been settled.
ijay Mallya says ₹14,131.60 crore was recovered against a ₹6,203-crore judgment debt. An official figure supports about ₹14,000 crore in restitution, but the accounting dispute is unresolved.
Mallya claimed that the Indian government had been "grossly unjust" to him in a barrage of social media posts.
Earlier, Mallya questioned why he is still an 'economic offender' while highlighting Nirmala Sitharaman’s statement in Parliament confirming that public sector banks recovered ₹14,131.60 crore from his seized assets.
Although UK courts have approved his extradition to India, his return has been delayed by further legal proceedings in Britain
Satyabrata Kumar, former ED Special Director and lead investigator in some of India's most high-profile money laundering cases, has taken voluntary retirement from service at the age of 48
The sale of Royal Challengers Bengaluru and Rajasthan Royals has dramatically reset the valuation benchmark of the IPL, with both franchises now valued at around ₹16,000 crore. These landmark deals—along with the earlier Gujarat Titans transaction—are reshaping how investors look at the league’s financial strength and long-term potential. Brokerage insights suggest a strong ripple effect across franchises, with teams like Chennai Super Kings emerging as potentially undervalued despite strong brand and performance metrics. Meanwhile, comments from Vijay Mallya highlight the extraordinary wealth creation since the IPL’s early days. As valuations surge, the impact is expected to extend beyond men’s cricket into the Women's Premier League, signalling the rise of a year-round sports business ecosystem.
According to Modi, the base transaction for the franchise stands at $1.78 billion, but additional costs push the total higher
RCB sale: In a post on X, Mallya went down the memory lane after the franchise was sold at ₹16,600 crore. Here's what he wrote.
Mallya, who left India in March 2016, faces allegations of defaulting on multiple loan repayments running into several thousand crore
The apology came after uproar over Lalit Modi's video on Instagram from a party hosted in London to mark Mallya's 70th birthday
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