In an important revelation regarding the loan default case, the ED today said that the two initial tranches of loan worth Rs 350 crore were hastily disbursed by IDBI bank to Kingfisher Airlines after a
Troubled liquor tycoon Vijay Mallya today sought to blame the erstwhile Congress-led UPA government’s policies and economic conditions for collapse of Kingfisher Airlines (KFA).
The Karnataka High Court today ordered winding up Vijay Mallya’s now-defunct Kingfisher Airlines Limited for non-payment of dues to a UK-based firm.
Blaming government’s adverse taxation policies and higher fuel prices for the business failure, beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a ‘nightmare’.
New Delhi: Delhi Police Cyber Crime Cell arrested a former employee of Air India under the Economic Offences Wing for hacking the airliners website and illegally selling tickets. The accused, 23-year-old, Anitesh Giri Goswami,
New Delhi: A day after the Enforcement Directorate attached assets worth Rs 1,411 crore of Vijay Mallya and one of his companies, the liquor baron today said there is “no rationale nor any legal basis”
New Delhi: Central Bureau of Investigation (CBI) is planning to file multiple charge sheets against former liquor baron Vijay Mallya under its one FIR the cases of his alleged loan default, of now defunct Kingfisher
New Delhi: UBHL has sought a month's time to file last fiscal's results citing "uncertainties" resulting from ongoing cases against its Chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal over the Rs
New Delhi: In a departure from its earlier stance, the consortium of banks is now willing to settle the loan default with Vijay Mallya-promoted Kingfisher Airlines even with lesser amount provided the government assures that
Mumbai: An auction of various brands and trademarks of the long-grounded Kingfisher Airlines, including its once-famous tagline ‘Fly The Goodtimes’, failed on Saturday. Lenders are trying to recover their dues from liquor tycoon Vijay Mallya.
the Finance ministry has said that the service tax department will "very shortly" auction liquor baron Vijay Mallya's aircraft to recover dues estimated at nearly Rs 535 crore.
New Delhi/Mumbai: Tightening the noose around the troubled business tycoon Vijay Mallya, bankers have decided to auction 9 logos of Kingfisher to recover an outstanding loan of Rs 9,000 crore. According to a report in
Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said today.
"Air India has lost about Rs 30,000 crore. Why don't you hold the people who manage it accountable for Air India losses like you hold Vijay Mallya accountable for losses in Kingfisher Airlines?"
Kingfisher Airlines’ employees write to PM Modi, seeking intervention to recover dues
Long before some Indian banks termed Vijay Mallya, the promoter of Kingfisher Airlines, a "wilful defaulter", workers of the city based Best and Crompton Engineering had publicly called him an "NPA" -- non-performing asset.
New Delhi: He may be in the dock over a spate of unpaid loans totalling a whopping Rs 7,600 crore, but former Director of the now defunct Kingfisher Airlines Vijay Mallya has displayed no sign
New Delhi/Bangalore: Director of the now defunct Kingfisher Airlines Vijay Mallya, recognised for his glamorous business ventures as well as his flamboyant persona, today claims to be fighting a lone battle against the media and
New Delhi: The issue of non-payment of salary to staff of the long-defunct Kingfisher Airlines came back to haunt its chairman Vijay Mallya again with the employees, in an open letter, accusing him of damaging the
Mumbai: Central Bureau of Investigation today pulled up state run banks for not registering with the investigating agency any complaint against Vijay Mallya-led Kingfisher Airlines and its earlier management despite the company's default of Rs
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