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IDBI KINGFISHER AIRLINES
Karnataka High Court dismisses United Spirits' plea for release of IDBI-held sharesVijay Mallya, UBHL had pledged shares for securing loans for Kingfisher Airlines.- Kingfisher Airlines loan default case: Court extends judicial custody of all nine accusedCBI counsel alleged that the loans were given without accepting shares or any tangible asset as collateral in contravention to what was dec...
- Vijay Mallya used IDBI loan for KFA to fly private jet: ChargesheetAviation profits, however, plunged from 2008 in kilter with a decelerating global economy and subsequent record prices of crude oil, pushin...
- CBI probe into Vijay Mallya may widen to more banksAbout two dozen banks including IDBI under scanner for alleged irregularities in loans to KFA.
- Atleast 38 cos with poor rating like Kingfisher got loans from IDBI: CBI in chargesheetCBI said at least 38 companies with Double B minus rating — similar to Kingfisher Airlines — and two with a lower rating of B were given lo...
- IDBI brass brushed aside junior execs’ concerns on Kingfisher Airlines loansThe CBI chargesheet has alleged that despite junior staff in IDBI Bank seeking shares as collateral for the Rs 750-crore loans, the then he...
- IDBI-Kingfisher inquiry: CBI scanner on role of ex-Finance Ministry officials, senior politiciansCBI is reviewing emails and info in these exchanges offers ‘credible indications’ that not only IDBI’s top mgmt but former finmin officials...
- Not concerned with or connected to Kingfisher Airlines: United Breweries Limited"UBL is an independent listed entity engaged in beer business and is not concerned with KFA (Kingfisher Airlines) in any manner whatsoever."
- Kingfisher diverted Rs 263 cr from Rs 900-cr IDBI loan for personal use: CBICBI sources said the agency has kept its probe open in the issue of suspected quid pro quo by Mallya and executives of Kingfisher Airlines ...
- Vijay Mallya's group denies he diverted loan money to buy property abroadRejecting the charge that he diverted Rs 430 cr for purchase of an overseas property, the group said he would provide full details in the n...
- KFA case: CBI quizzes top KFA, UB Group officials for 2nd dayCBI questioned two top former officials of the Kingfisher Airlines and UB Group for the second day in connection with the loan default case...
- Vijay Mallya case: CBI questions CFOs of Kingfisher Airlines, UB GroupCBI sources said both appeared for questioning in the afternoon and the exercise is still continuing.
- CBI was aware that Vijay Mallya was leaving India on March 2The Bureau of Immigration (BoI) had alerted CBI on Mallya’s departure because there was a lookout circular on Mallya, issued last year at t...
- CBI searches Vijay Mallya's residence in Rs 900 crore loan default caseThe CBI sources said the agency has registered a total of 27 inquiries and cases with regards to "bad loans" given by public sector banks.
- IDBI Bank to declare Kingfisher Airlines wilful defaulterOther banks like SBI and PNB are also ready to declare the airline a wilful defaulter after a report by Ernst & Young pointed to gaps in it...
- SBI, PNB and IDBI may soon begin process to declare Kingfisher Airlines as wilful defaulterVijay Mallya-promoted Kingfisher Airlines has an outstanding debt of about Rs 4,022 crore to a consortium of banks, led by SBI.
- Not being investigated over Kingfisher loan: IDBI BankThe CBI has launched an initial probe over the loan against both companies, a spokeswoman for the agency said on Saturday.
- Mallya's stake in United Spirits Limited declines as Kingfisher Airlines’ lenders invoke sharesUSL said lender IDBI Trusteeship Services invoked 3.14 million pledged shares held by United Breweries Holdings (UBHL) in USL, now a Diageo...
- Kingfisher got IDBI Bank loan despite poor ratingThe Rs 900 crore in loans to Kingfisher Airlines that IDBI Bank recalled in May were made despite internal reports at the bank questioning ...
- IDBI asks KF to pay back Rs 900 crIDBI Bank has recalled a Rs 750-crore loan advanced to Kingfisher Airlines, after the company failed to stick to its repayment schedule.
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