A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines.
The beleaguered public sector Punjab National Bank (PNB) has admitted to 1,142 big and small defaulters all over India who have defaulted a stupendous Rs 25,090.3 crore.
National News-Blow to Mallya as court restrains withdrawal of Diageo's Rs 500 cr severance payoutIn a setback for long defunct Kingfisher Airlines Director Vijay Mallya, the Debt Recovery Tribunal has restrained him from withdrawing an
Bengaluru: The Karnataka High Court on Friday issued notice to industrialist Vijay Mallya and others on a plea by the State Bank of India (SBI) seeking the arrest of Vijay Mallya, impounding of his passport
Mumbai, Jul1:A section of pilots of the near-bankrupt Kingfisher Airlines went on strike today to protest against non-payment of salaries for the past five months, forcing the airline to cancel its ATR-operated flights.Following the strike,
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