In another blow to beleaguered liquor baron Vijay Mallya, the board of United Breweries (UB) has sent him a notice asking him to step down as its non-executive chairman following a Sebi order which barred
The Nitish Kumar governnment's move to impose a total ban on consumtion of alcohol in Bihar has left liquor manufacturers high and dry. It has not been long when Kumar made desperate bids to woo
Mumbai: After a protracted legal battle, State Bank of India (SBI) has declared industrialist Vijay Mallya a 'wilful defaulter' for defaults on nearly Rs 7,000 crore loans to the long-grounded Kingfisher Airlines."SBI has declared Mallya,
Bengaluru: A contempt application was filed by a consortium of 17 banks in the Karnataka High Court today against liquor baron Vijay Mallya, his grounded airline Kingfisher Airlines and UBHL for allegedly violating an undertaking
New Delhi, Jun 10: Vijay Mallya-led UB Group, whose aviation entity Kingfisher Airlines is passing through turbulent times, spent Rs 400 crore more on its staff across various businesses during the last fiscal. The group's
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