Skip to content
Search

Latest Stories

Mallya To Fight Extradition Order With Lengthy Appeal

EMBATTLED business tycoon Vijay Mallya has confirmed his plans to initiate a "lengthy" appeal process against the UK government's order to extradite him to face charges of fraud and money laundering amounting to nearly Rs 90 billion in India.

The 63-year-old liquor baron's extradition was approved by UK home secretary Sajid Javid on Sunday (3), boosting India's efforts to bring back the fugitive businessman.


Mallya has two weeks to lodge a permission to appeal in the high court after Javid signed off on his extradition order.

Hours later, Mallya took to social media to confirm his plans to appeal against the decision.

"After the decision was handed down on December 10, 2018 by the Westminster Magistrates Court, I stated my intention to appeal. I could not initiate the appeal process before a decision by the Home Secretary. Now I will initiate the appeal process," Mallya said in a statement on Twitter.

Once the application is made, the court will consider whether there are grounds for the appeal to be admitted. That, in turn, would trigger another set of hearings over the next few months in the administrative court, which is part of the UK high court.

Following the outcome at the high court, both sides could apply for the right to appeal at the Supreme Court, which would possibly take a further six weeks.

Mallya has been in the UK since March 2016 and remains on bail on an extradition warrant executed by Scotland Yard in April 2017.

(PTI)

More For You

enforcement directorate

The Enforcement Directorate searches were conducted at locations linked to the Gupta brothers, Piyoosh Goyal of World Window Group, and entities such as Sahara Computers and ITJ Retails Pvt Ltd.

Getty Images

India agency acts on South Africa request in Gupta brothers probe

INDIA's financial crime fighting agency, the Enforcement Directorate (ED) on Tuesday carried out searches at locations connected to the Gupta brothers of South Africa and their associates in a money laundering case.

The action followed a Mutual Legal Assistance Request (MLAR) received by India from South Africa in connection with the "state capture scam," reported PTI quoting sources.

Keep ReadingShow less
Trump and Modi

Donald Trump speaks with the press as he meets with Narendra Modi in the Oval Office of the White House on February 13, 2025. (Photo: Getty Images)

Getty Images

Trump’s doubling of tariffs on Indian imports takes effect

Highlights

  • US tariffs on Indian imports rise to as much as 50 per cent
  • Nearly 55 per cent of India’s $87bn exports to US could be affected
  • Exporters warn of job losses and call for loan moratoriums
  • India says support measures will be offered to affected exporters

US PRESIDENT Donald Trump’s doubling of tariffs on Indian imports took effect on Wednesday, raising duties on some shipments to as much as 50 per cent. The move escalates trade tensions between India and the United States.

Keep ReadingShow less
Surat-diamond-Reuters

Craftsmen work on diamonds at a diamond processing unit in Surat, India, August 15, 2025. (Photo credit: Getty Images)

Getty Images

Tariff surge threatens one-third of India’s diamond exports

THE SURAT Diamond Bourse, billed as the world's largest office complex and bigger than the Pentagon, remains largely empty with only a few traders working.

Business has slowed, and the outlook is uncertain.

Keep ReadingShow less
Earn $7k/day through mining contracts by Bitcoin (BTC) plummets, BTC holders

Earn $7k/day through mining contracts by Bitcoin (BTC) plummets, BTC holders

Bitcoin whale dumped 24,000 BTC, triggering a flash crash that sent the price plummeting by $110,000. This depressed market sentiment, led to the liquidation of numerous leveraged long positions, and intensified short-term selling pressure.

At the same time, GoldenMining launched a new Bitcoin mining contract to mitigate the risk of Bitcoin's price decline and help Bitcoin holders earn daily returns.

Keep ReadingShow less
From office workers to freelancers, users around the world use GoldenMining to earn $2,500 a day

From office workers to freelancers, users around the world use GoldenMining to earn $2,500 a day

Have you ever thought about making money from cryptocurrency without any technical knowledge, equipment, or time commitment? It's not about speculation or scalping, but rather a more stable and simple method: cloud mining.

The GoldenMining platform is designed specifically for everyday users like you. You don't need professional background, mining equipment, or even a server. With just a mobile phone or computer and a small investment, you can automatically participate in mining mainstream cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC), with daily profits automatically deposited into your account.

Keep ReadingShow less