Skip to content
Search

Latest Stories

Vijay Mallya hints at desire to return to India

Liquor baron Vijay Mallya has reportedly reached out to Indian authorities expressing his desire to return to the country to face the law.

 Source, however, refused to divulge more details about Mallya’s future actions, reported news agency PTI.


Mallya is the main accused in a Rs 9,000 crore bank fraud case. The 62-year-old is contesting in a London court the Indian government’s action for extradition. He is also contesting the recent action against him under the Fugitive Economic Offender Ordinance, which gives authorities permission to immediately confiscate Mallya’s properties in India as well as abroad, which is estimated to be worth around Rs 12,500 crore.

In June, Mallya expressed his wish to repay the public sector banks that gave loans to his now defunct Kingfisher Airlines, saying the value of his assets is much more than what it was in 2016.

Back then he had offered to pay back Rs 4,400 crore worth of loans to state-run lenders.

Last month, Mallya said he and UB Holding Ltd have filed an application before the Karnataka High Court on June 22, 2018, setting out available assets of approximately Rs 13,900 crore.

"We have requested the Courts permission to allow us to sell these assets under judicial supervision and repay creditors, including the Public Sector Banks such amounts as may be directed and determined by the Court," the tycoon said.

Countering claims he had no intention to repay banks, Mallya tweeted, "I have made an application to the Honourable Karnataka HC showing assets far in excess of the Banks claims and requesting sale under judicial supervision."

"It is incorrect that my settlement offer before the Karnataka HC was motivated by the latest charge sheet under the media reported Fugitive Ordinance. I always had honest intentions to settle and there is ample proof," Mallya added.

More For You

Global ChatGPT Outage Affects Millions of Users

Widespread disruption reported

iStock

ChatGPT crashes worldwide – users left stranded without AI assistant

ChatGPT has experienced a significant outage, with OpenAI confirming widespread service disruptions affecting users. The chatbot, known for generating human-like responses and assisting with various queries, has grown rapidly since its launch in November 2022, becoming a widely used AI tool with approximately 500 million users globally.

The issue was first investigated at 7:36 am on Tuesday, with OpenAI later acknowledging the problem on its website at 11:30 am, stating: "Some users are experiencing elevated error rates and latency across the listed services. We are continuing to investigate this issue."

Keep ReadingShow less
Apple Redefines iOS Experience with Sleek iOS 26 Beta Update

At the heart of this redesign is a newly developed material called Liquid Glass

Apple

Apple unveils a refined software design with iOS 26 beta

Apple has introduced a new software design across its platforms, aimed at making apps and system interactions more expressive, seamless, and engaging. The update brings a cohesive visual experience that spans across iOS 26 beta, iPadOS 26, macOS Tahoe 26, watchOS 26, and tvOS 261, providing users with a more fluid and immersive digital environment.

At the heart of this redesign is a newly developed material called Liquid Glass, which enhances the visual dynamism of apps, system elements, and user interfaces. This translucent material intelligently reflects and refracts surrounding content, creating a more vivid and intuitive experience while ensuring focus on essential elements.

Keep ReadingShow less
UK business district

The Canary Wharf business district including global financial institutions in London.

Getty Images

UK unemployment rises to 4.6 per cent, highest since 2021

THE UK’s unemployment rate has increased to its highest level since July 2021, according to official data released on Tuesday, following the impact of a business tax rise and the introduction of US tariffs.

The Office for National Statistics (ONS) said the unemployment rate rose to 4.6 per cent in the three months to the end of April. This was up from 4.5 per cent in the first quarter of the year.

Keep ReadingShow less
Marks and Spencer

M&S had initially disclosed on April 22 that it was managing a 'cyber incident'.

Reuters

Marks and Spencer resumes online clothing orders after 46-day cyberattack disruption

MARKS AND SPENCER (M&S) resumed online clothing orders on Tuesday, 46 days after suspending services due to a cyberattack.

Shares in the British retailer rose 3 per cent after it restarted standard home delivery in England, Scotland and Wales for most of its clothing range.

Keep ReadingShow less
Resident Evil: Requiem to Switch 2 — Biggest Summer Game Fest 2025 Reveals

From surprise drops to stunning trailers, Summer Game Fest 2025 lit up screens worldwide with unforgettable gaming moments

Youtube Screengrab

Resident Evil: Requiem, Switch 2 and Death Stranding 2: 10 biggest reveals from Summer Game Fest 2025

Forget just watching trailers because Summer Game Fest 2025 felt like getting sucker-punched by pure gaming hype. Midnight drops, world premieres that actually stunned us, moments that genuinely shook the community, this year’s show proved why gaming is still one of the most exciting places to be. Let’s dive into the ten moments that had everyone talking, sharing clips, and questioning what’s possible next.

1. Resident Evil: Requiem stole the show

Capcom closed the show with Resident Evil: Requiem (27 February 2026), a franchise reboot returning to Raccoon City with chilling realism. First came whispers of a “30th-anniversary project,” then, boom: Requiem. Returning Raccoon City to its rotted roots, this 27 February 2026 release promises sweat-beaded character models and a terror so vivid you’ll feel it in your bones. That fake-out tease from Jun Takeuchi? Pure genius, and fans are still reeling.

Keep ReadingShow less