• Wed, December 18, 2024

by: Business Today

'And I'm still an economic offender...': ?14,131.6 cr recovery by FM Sitharaman is 'double my debt', says Vijay Mallya

Mallya's response came after Finance Minister Nirmala Sitharaman informed the Lok Sabha that public sector banks have recovered ₹14,131.6 crore from the sale of his assets. This recovery is part of a larger drive by the Enforcement Directorate (ED ...

by: The Daily Star

Beximco lays off 40,000 workers at 15 apparel units

The Beximco Group has laid off nearly 40,000 workers across its 15 apparel units, citing a lack of work orders for its export-oriented garment and textile factories in Dhaka's outskirts of Gazipur.
  • Thu, December 19, 2024

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Mergers and acquisitions trajectory looks set to continue upwards in 2025

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ADIO and EXIM forge MoU to boost US-UAE trade in key sectors

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SEBI cracks down on finfluencer with Rs 9.5 cr refund and ban

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by: The Motley Fool

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by: Euromoney

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by: Channel NewsAsia Singapore

'We are very sorry': Government apologises for confusion, anxiety over NRIC unmasking saga

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by: AOL

Why Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst

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by: Business Line

New Bill proposes jail, stiff fine for unregulated lending

by: Finance & Commerce

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by: Pensions&Investments

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by: Fortune

Does size matter? Comparing the classes of top MBA schools

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by: The Straits Times

askST: What the move away from masked NRIC numbers means for Singaporeans

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by: Seeking Alpha

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by: Forbes

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by: The Straits Times

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by: Channel NewsAsia Singapore

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by: Business Line

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by: AOL

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by: Fortune

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by: CBS News

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by: Seeking Alpha

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by: MSN

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by: Reuters

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by: Yahoo Finance

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'And I'm still an economic offender...': ?14,131.6 cr recovery by FM Sitharaman is 'double my debt', says Vijay Mallya

Mallya's response came after Finance Minister Nirmala Sitharaman informed the Lok Sabha that public sector banks have recovered ₹14,131.6 crore from the sale of his assets. This recovery is part of a larger drive by the Enforcement Directorate (ED ...
The article from Business Today discusses Vijay Mallya's reaction to Finance Minister Nirmala Sitharaman's statement in Parliament about recovering Rs 14,13,16 crore from economic offenders. Mallya, who is currently in the UK and facing extradition to India for financial fraud, sarcastically remarked that the amount recovered is double his own debt, which he claims is Rs 6,963 crore. He criticized the government's focus on him while highlighting that the recovery from other economic offenders is significantly higher. Mallya also mentioned that he has been labeled an economic offender despite his efforts to settle his debts, and he questioned the fairness of the legal proceedings against him.

Read the Full Business Today Article at:
https://www.businesstoday.in/india/story/and-im-still-an-economic-offender-rs141316-cr-recovery-by-fm-sitharaman-is-double-my-debt-says-vijay-mallya-457843-2024-12-19

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