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KFA MANAGEMENT ISSUES
Why South Korea's World Cup exit has become a national political controversySouth Korea's World Cup exit has ignited a national outcry, prompting presidential calls for an investigation and the coach's resignation. ...- IDBI officials relaxed loan rules for Kinghfisher Airline: CBIIn the letter, Nadkarni said that KFA’s capacity and revenue were reduced after the airline suffered 20 engine failures in the first half o...
- HC upholds summoning of Vijay Mallya in cheque-bounce casesMallya's counsel had earlier told the high court that his client was not involved in day-to-day affairs of Kingfisher Airlines (KFA).
- Vijay Mallya was not involved in daily affairs of Kingfisher Airlines: HC toldDelhi airport operator DIAL has filed four cases in June 2012 against Mallya over KFA's cheques totalling Rs 7.5 crore not being honoured.
- Kingfisher Airlines' lenders put Kingfisher logo on block to recover duesThe logo belongs to Kingfisher Airlines and was pledged with lenders by the company before it collapsed amidst a price war and spiralling b...
- Why Vijay Mallya's default on loan payments is just the tip of a rapidly melting icebergWilful defaulters who do not pay back their loans and make timely interest payments add a layer of complexity to India’s corporate debt pro...
- ED gets leads in Rs 900 crore money laundering case on Kingfisher AirlinesThe Enforcement Directorate (ED) is learnt to have got a couple of crucial leads while examining bank documents in the Rs 900-crore money l...
- Kingfisher Airlines' PF contributions to be probed: Bandaru DattatreyaLabour Ministry will soon launch an investigation into the provident fund contributions made by Kingfisher Airlines for its employees.
- Kingfisher saga: How banks can still recover Rs 9,000 crore from Vijay MallyaIf Vijay Mallya has given his personal guarantee, then his personal assets can be identified and the DRT can be requested to attach them.
- Loan default case: ED quizzes Kingfisher Airlines' ex-CFO Raghunathan for 2nd dayThe ED has pressed charges under various sections of the PMLA against Mallya and others named in the CBI complaint.
- ED summons Vijay Mallya, gives him a week's timeOfficial sources said Mallya has been summoned to appear before investigators of the ED here on March 18.
- Loan default case: Enforcement Directorate quizzes former CFO of Kingfisher Airlines A RaghunathanAccording to the official, Raghunathan has blamed Mallya (for the financial crisis that befell KFA) and said he worked as per the direction...
- SBI sends letter to Kingfisher Airlines, may declare Vijay Mallya as a wilful defaulter soonSBI, the largest public sector bank, has allgedly sent a letter to Vijay Mallya's carrier, Kingfisher Airline, asking for an explanation.
- Unpaid Kingfisher employees approach move Labour CommissionerIn a related development, the airline management failed to attend a meeting called by the RLC on the issue.
- KFA ex-executive heads company seeking dues from airlineThe airline was grounded last October and its licence has not been renewed. Patel was among the key people trying to restart the airline.
- KFA ex-executive heads company seeking dues from airlineAn Indo-American aviation whiz kid, who helped Vijay Mallya launch Kingfisher Airlines (KFA) nine years ago, quit earlier this year.
- Kingfisher First: Banks staring at Rs 6000-crore writeoff on loans to debt-ridden airlinesLenders are reconciling to the fact that chances of an equity investor coming forward is remote while the airline's troubles are rising.
- Airports Authority of India won't let lessors take Kingfisher Airlines planeSceptical of KFA claim of submitting a viable plan to restart operations, aviation ministry is going to turn the heat on the debt-laden car...
- Kingfisher Airlines' employees get income-tax notices on non-payment of taxesVijay Mallya-controlled airline deducts TDS but fails to transfer amount, income-tax department finds mismatch in refunds claimed by employ...
- Kingfisher Airlines to sell property to fly out of debt crisisOver the next two years, Kingfisher plans to raise close to Rs 900 crore by selling Kingfisher House, the airline’s headquarters and other ...
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