- Vijay Mallya is willing to return to India provided he is assured safe passage into the country. The liquor baron also said he will has made a new settlement offer to main lender State Bank of India and is hopeful of making quick progress on the matter. (The Economic Times)
- Mallya said this while chairing a UB Group board meeting. The board meeting was held in Mumbai on Friday, with Mallya logging on remotely from London.
- The Enforcement Directorate is seeking to extradite Mallya from the UK, where he’s been for the past two months or so. The chairman of UBL has the support of the board and strategic partner Heineken.
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