New Delhi (TIP)- The Supreme Court on Thursday reserved its verdict on the quantum of sentence to be awarded to fugitive businessman Vijay Mallya in a contempt case. Mallya, an accused in a bank loan default case of over Rs 9,000 crore involving his now defunct Kingfisher Airlines, has been in the UK since March 2016. He is on bail on an extradition warrant executed by Scotland Yard in April 2017. He was held guilty of contempt of court in 2017 and the matter has been getting deferred as the top court wanted to hear him on the punishment to be awarded to him.
Business & Economics
Crisis looms as Indonesia export ban halts palm oil shipments
Mumbai (TIP) Indonesia’s wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and oil mills in the world’s top producer, four […]
Comments
Rajya Sabha ticket racket
Audacity reflects the social sanction to corruption How else to describe it but as the audacity of the corrupt when a racket promising a Rajya Sabha seat or a governorship for up to Rs 100 […]
Entertainment
Avatar crosses $1 billion in 14 days
James Cameron’s Avatar: The Way of Water has crossed the $1 billion mark at the global box office within 14 days of its release. It has now become the fastest movie this year to hit […]
Be the first to comment