Kingfisher Airlines today moved an application in the special Prevention of Money Laundering Act (PMLA) court here terming as "false and incorrect" Enforcement Directorate's charges against its owner Vijay Mallya that he had siphoned off Rs 430 crore
London: Beleaguered liquor baron Vijay Mallya got a pay package of over Rs 1.7 crore last year from his US-based brewery firm that itself is struggling for funds and has been served 'default' notices by
New Delhi: Beleaguered industrialist Vijay Mallya who is faced with the threat of having his passport revoked, may make a revised settlement offer of Rs. 6000 crore to the banks against the due he owes
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
iquor baron Vijay Mallya today made an offer to repay Rs 4,000 crore by September 2016 to banks against an outstanding loan of Rs 9,000 crore.
Mumbai: Union Finance Minister Arun Jaitley on Monday said the behaviour of liquor baron Vijay Mallya, the chairman of grounded Kingfisher Airlines and who has defaulted on Rs 9,000 crore repayment to 17 banks, has
New Delhi: Lenders to the now defunct Kingfisher Airlines will auction one of promoter Vijay Mallya's flagship properties, Kingfisher House, in Mumbai, on Thursday. Last month, the SBI-led bank consortium decided to auction Kingfisher House
New Delhi: Beleaguered industrialist Vijay Mallya, who is believed to have fled the country as he faced pressure from banks to repay more than US$1bn (£700m) owed by his collapsed Kingfisher Airlines, has re-emerged. 'I
Issuing summons to beleaguered business tycoon Vijay Mallya, the Enforcement Directorate (ED) today beckoned the liquor baron to appear before its investigators by March 18th as part of its probe in the alleged loan defaults by his group.
upreme Court will today hear a plea by the consortium of 13 banks led by the SBI seeking to restrain beleaguered liquor baron Vijay Mallya from leaving the country. But Mallya is believed to have left for a foreign destination a few days ago.
Bengaluru: Under fire for his alleged role in huge unpaid loans of now defunct Kingfisher Airlines, beleaguered industrialist Vijay Mallya on Sunday blamed media for spoiling his reputation and sought to clarify why his dream
New Delhi: The consortium of 17 lenders to the long-grounded Kingfisher Airlines have decided to move the Debt Recovery Tribunal (DRT) against the airline chairman Vijay Mallya to stake claim to the $75-million severance package
Bengaluru: USL Chairman Vijay Mallya today said he will not retire from the company's board anytime soon, but would start thinking about it when he turns 60."I am not retiring quite yet, but as I
New Delhi: CBI is likely to register more FIRs into alleged loan defaults of Kingfisher even as it plans to expand its probe to look into the allegations of diversion of about USD 200 million
New Delhi/Bengaluru/Panaji: Tighetening the noose around the flamboyant business tycoon Vijay Mallya, the CBI on Saturday searched his residences and Kingfisher offices in connection with a Rs.900 crore loan default case.The loan, provided by state-run
Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.Interestingly, the Kolkata-based lender was
New Delhi: Alleging fund diversion to Kingfisher and other UB group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as Chairman and Director of the Indian liquor firm, a demand
New Delhi: In an unsual ending to what once was UB Group chairman Vijay Mallya's royal flavour, a midsize jet belonging to him was auctioned by Mumbai International Airport Ltd (MIAL) to a local scrap
Mumbai: Shares of Kingfisher Airlines and UB Engineering fell as much as five per cent today after top exchanges — BSE and NSE — announced suspension of trading in the shares of these firms from
Kolkata: Grounded Kingfisher Airlines has written to UCO Bank wanting to know the basis of attaching the `wilful defaulter' tag on the carrier."First we had sent the airline and its corporate guarantor a notice asking
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