News Details
Trouble mounts for Mallya in India
Vijay Mallya
Force India supremo and entrepreneur Vijay Mallya has run into serious business trouble in his native India.
Amid the decline of his airline Kingfisher, the former billionaire has now been declared a wilful defaulter by the public sector lender the United Bank of India.
India's Telegraph newspaper said it means Mallya will lose his director positions from his companies and be unable to borrow from Indian banks.
An insider explained: 'Any company in which they are directors, those companies would be affected. The idea is to exclude them from the financial sector.' Tweet !function(d,s,id){var...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Force India boss Vijay Mallya trouble in India
Force India boss Vijay Mallya trouble in IndiaPosted On 02 Sep 2014By :...
10y ago from ThisIsF1.com
Ecclestone at loggerheads with German bank
Lawyer Sven Thomas with his client Bernie Ecclestone
Formula 1 supremo...
10y ago from GrandPrix247.com
F1 boss still fighting with German bank
F1 boss still fighting with German bankPosted On 26 Aug 2014By :...
10y ago from ThisIsF1.com
Mallya: Battle for fifth will remain tight
Force India team principal Vijay Mallya believes the battle for fifth...
10y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin targets podium after injury hit his 2025...
No description available...
11h ago from Motorsport.com
MotoGP to use 100% non-fossil fuels by 2027 season
MotoGP has announced that the fuel used across all Grand Prix classes...
12h ago from MotorsportWeek.c...
How 2025 became Marc Marquez’s most dominant MotoGP...
No description available...
1d ago from Motorsport.com
Unpacking the art of value betting in MotoGP
Value betting in MotoGP is a strategic blend of data analysis,...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
15h ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
1d ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
3d ago from MotorsportWeek.c...
Colton Herta praises IndyCar's delayed cautions;...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
5d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'The pressure on him is incredible' - Michael Owen...
Michael Owen has backed Liverpool to retain the Premier League title but...
10h ago from SportsKeeda.com
Report: Arsenal and Fulham in talks to complete double...
Arsenal and Fulham are in active discussions over a potential double...
9h ago from FreshArsenal.com
Arteta praises Gyokeres' impact ahead of 'possible'...
Mikel Arteta says Viktor Gyokeres' determination to join Arsenal was one...
12h ago from SkySports.com
Arsenal boss Mikel Arteta makes feelings clear about...
Arsenal boss Mikel Arteta has claimed that Viktor Gyokeres already...
12h ago from SportsKeeda.com
Comments
Hottest News
Hamilton reveals that he has 'called on lots of meetings'...
Confirming his commitment and desire to succeed... Read More »
2h ago from F1Technical.net
Max Verstappen quickly jetted out of Spa for very special...
Max Verstappen had a few good reasons to leave... Read More »
6h ago from GPFans.com
Max Verstappen hits back at Helmut Marko's Red Bull claim
Reigning F1 champion Max Verstappen has hit back... Read More »
10h ago from GPFans.com
