The Indian government has failed to provide any substantial evidence to justify extraditing tycoon Vijay Mallya from Britain to face fraud charges, his lawyer told a London court on Wednesday. India wants to extradite 62-year-old Indian businessman from Britain to face criminal action relating to loans taken out by his defunct Kingfisher Airlines and Indian authorities want to recover about $1.4 billion they say Kingfisher owes. In her closing submission, […]

Amid the controversy over public sector lender SBI reportedly writing off loans worth Rs. 7,000 crore, including that of Vijay Mallya-promoted Kingfisher Airlines, a sanitation worker in Nashik has written to the SBI, seeking a ‘similar’ waiver of his Rs. 1.5 lakh loan. Bhaurao Sonawane, a safai worker with the Tryambakeshawar municipal council in Maharashtra’s Nashik district, said he had written to the SBI, seeking waiver of his loan, “in […]