8:29 pm - Friday November 24, 2017

Runaway businessman Vijay Mallya arrested in London

Vijay Mallya, accused of defaulting on loans worth crores, was arrested in London today in what the CBI counted as a major win in attempts to bring the business tycoon to India to face trial. He has been granted bail. Mr Mallya, 61, is wanted for loan fraud and is also facing charges of money-laundering.

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