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ED says Vijay Mallya created 20 shell companies; will confiscate more assetsMallya was holding movable and immovable assets, in the form of shares of public listed companies, by way of creating a web of shell compan...- How Vijay Mallya became king of bad timesFrom a flamboyant billionaire to a man who watched his empire go bust, here’s how the journey unfolded for Mallya, now the king of bad time...
- Kingfisher case: Bombay High Court refuses relief to Vijay Mallya, banks free to sell pledged United Spirits sharesBombay High Court has dismissed United Breweries Holding’s plea to direct banks to stop selling the shares of United Spirits.
- Clear all dues before seeking licence renewal: DGCA to Kingfisher AirlinesThe regulator's apprehension stems from the fact the airline management has repeatedly failed to act on its promise.
- Banks to recover Rs 1,000 crore from Kingfisher in current quarter: SBIKingfisher lenders hope to recover up to Rs 1,000 crore of their dues by monetising the securities in the March quarter itself, a senior of...
- Diageo-USL deal: Use the funds to revive KingfisherThough Mallya has denied speculation that he will use cash to revive KFA, there is no other way to get the airline back up into the skies.
- DGCA may let Kingfisher fly if airline meets conditionsDGCA said it was willing to renew the flying licence of debt-ridden KFA if the airline proves that it can operate in a "safe, efficient and...
- Kingfisher crisis: Vijay Mallya's personal staff fear loss of personal Airbus Corporate Jet (VT-VJM)Will the Airports Authority of India (AAI) impound Kingfisher Airlines promoter Vijay Mallya's personal Airbus Corporate Jet (VT-VJM) if he...
- 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.
- 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 extends lockout till October 12 as talks with staff failThe beleaguered airline, meanwhile, got some reprieve as bankers agreed to release funds from escrow accounts.
- Kingfisher Airlines' crisis to have minimal impact on Bangalore-Delhi faresEven with Kingfisher Airlines (KFA) going in for a partial lockout till October 4, airfares on trunk routes have not appreciated to alarmin...
- Kingfisher Airlines' pilots to continue strike as talks failOver 200 pilots of Kingfisher Airlines today decided to prolong their two-day-old strike after talks with the management.
- Junior staff of Kingfisher Airlines get salariesAfter a long wait of four months, a section of employees of crisis-ridden KFA today received part of their pending salaries.
- Kingfisher Airlines asked to pay Rs 600 million in service tax soonTax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of Rs 600 million ($11.84 million) at the earliest.
- Kingfisher Airlines staff withdraw agitation threat on Vijay Mallya's wordIn between two meetings and seven hours on the go Vijay Mallya managed to avert Kingfisher's worst crisis till date.
- Kingfisher Airlines' staff may stop work if arrears not cleared by todayVijay Mallya's commitment to resume paying salaries cut little ice with an increasingly restive workforce who responded by threatening to s...
- Kingfisher Airlines to layoff staff members?The drastic step comes in lieu of Kingfisher's operational fleet being reduced to 16 planes. The current employee strength of the ailing ai...
- Jan salaries paid to 75% of staff: Jet AirwaysJet Airways said on Tuesday that the salary for January 2012 has been paid to about 75% of its staff and described an ET report on the issu...
- Kingfisher shares hit all-time low; Analysts' takeShares of Kingfisher Airlines plunged nearly 20% to its all-time low of Rs 17.55 on the Bombay stock Exchange.
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