Vijay Mallya news: Vijay Mallya’s extradition delayed, speculation mounts over his application for asylum – Times of India

Vijay Mallya (File photo: AFP) LONDON: Fugitive tycoon Vijay Mallya’s extradition has been delayed and it could be months before he is brought back to India. It is understood that the UK home office has delayed his extradition for legal reasons. There is speculation he may have applied for asylum in Britain, or that the…

Details

Government may need to pump $20 billion into coronavirus-hit state banks: Report – Times of India

MUMBAI/NEW DELHI: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government and banking sources told Reuters. The government initially considered a budget of around Rs 25,000 crore for bank recapitalisations but…

Details