Day: July 2, 2018

UK Court allowed India’s Banks to seize Vijay Mallya’s Assets

Vijay Mallya who has Rs. 9,000 crore loan pending with India’s Banks and went to Britain without paying the loan back is now bind with UK Court orders who has allowed India’s Banks to search and seize the assets of Vijay Mallya to recover loan amount.

Managing Director of State Bank of India said in Delhi, “We are very happy with court order and with this kind of order we should be able to go after this Assets.”

He also said that, “The UK Enforcement order is a worldwide freezing order and Indian Banks are looking at recovering the entire debt.”

This order has allowed officer to enter into Ladywalk and Bramble Lodge in Tewin, Welwyn, which is at present is the address of Mr. Mallya.

 

Source: www.ndtv.com

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Russia enters quarter finals beating Spain

Russia has entered quarter-finals of FIFA World Cup 2018 by beating Spain in Moscow. It was a penalty shootout that moves Russia towards victory. Since 1970, Russia had never qualified for a quarter-final in FIFA World Cup but year 2018 has given Russians proud feeling of getting into the quarter finals.

Spain was FIFA World cup winner in the year 2010 but this time Spain unable to prove their claim of a champion in 2018 FIFA World cup.

Russian Player Alexander Yerokhin has become a first player in FIFA world cup for going on in the 97th  minute against Spain as a fourth Substitute.

In Second half Spain had made 1194 passes in the game and Russia was playing defensive with only 290 passes in the game.

Source: www.business-standard.com &  www.hindustantimes.com

* The Content stated above is for informational purpose only. Expert Software Team is not responsible if any part of content found meaningless in any manner or condition.