Indian tycoon Vijay Mallya should be extradited from Britain to India to face fraud charges resulting from the collapse of his defunct Kingfisher Airlines, a London court ruled on Monday.
CPI(M) General Secretary Sitaram Yechury Monday alleged that the BJP government at the Centre has been resorting to “illegal diversion” of clean energy funds to pay the states their share of Goods and Services Tax (GST).
The key concept in the wake of the decision to reduce crude oil output by Opec and its allies is “balance”. It’s something everybody in the market says they want, but they all have different ideas of what it means and how to get there.
Brent Crude oil prices might swing back to $70 a barrel with the Organization of Petroleum Exporting Countries (OPEC) deciding to cut production by close to 1.2 million barrels per day (mbpd).
Air travel is growing in popularity across the world, and the global aviation system is undergoing projects big and small to keep up.
A Delhi Court on Monday granted five-day remand of Christian Michel, the alleged middleman in AgustaWestland VVIP chopper deal, for his custodial interrogation by the CBI.
Private carrier Jet Airways Monday announced signing of an agreement with Saudi budget airline Flynas to operate codeshare flights in each other’s territories.
Hindustan Aeronautics Ltd (HAL) has displayed its proficiency in the demanding field of helicopter design by successfully testing its indigenously developed Light Utility Helicopter (LUH) to an altitude of six kilometres (almost 20,000 feet).
Embattled liquor tycoon Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 90 billion, is set to appear before the Westminster Magistrates’ Court here on Monday when his extradition trial is listed for a judgment hand-down.
A team of officials led by the CBI’s Joint Director, S Sai Manohar, left for London on Sunday to attend a crucial hearing in the extradition case of embattled liquor baron Vijay Mallya on Monday, sources said. Manohar will take the place of Special Director Rakesh Asthana, who had been attending the trial till now.