In a hurry to garner business, PSUs conveniently forgot the golden rules of the game and looked at the celebrity status of borrowers like Mallya and Modi rather than at their assets against the loan.

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Bollywood actress Deepika Padukone has ended her relationship with business tycoon Siddharth Mallya ‘citing irreconcilable differences in class and status’.

Indian tycoon Vijay Mallya is accused of breaching foreign currency laws and faces an extradition appeal. Photograph: Peter Nicholls/Reuters A New Delhi court on Thursday declared India’s flammanant tycoon Vijay Mallya a “proclaimed offender” for failing to appear to answer allegations of

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Are Deepika Padukone and Sidharta Mallya headed for splitsville? Cryptic tweet begs lots of questions By Priyanka Srivastava Updated: 21:40 EDT, 19 January 2012

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Unlike previous extradition cases that progressed through the courts over years and were eventually unsuccessful, Indian officials are delighted that the Vijay Mallya case has moved swiftly from the initial request.

Filing of recent case pertains to Rs 6,400 crore that the Vijay Mallya backed Kingfisher Airlines had raised as loan from banks

GST Council asks Centre & states to expedite setting up of appellate authorities. The GST Council has asked the Centre and States to expedite setting up of appellate authorities for aggrieved entities to appeal against orders of …