Kingfisher to challenge United Bank's decisionIn a statement, the Vijay Mallya-owned company said, "KFA and its directors will vigorously challenge the decision of UBI."
02 Sep, 2014, 04.04 PM IST
United Bank of India first bank to declare KFA and Vijay Mallya as wilful defaulterThere are several serious repercussions of a company being declared a wilful defaulter, which include restricting any future access to bank...
02 Sep, 2014, 10.50 AM IST
United Bank of India files caveat in Supreme Court against Kingfisher AirlinesHigh Court dismissed a KFA appeal against UBI and upheld decision of single judge of not allowing the company to be represented by a lawyer.
29 Aug, 2014, 03.34 PM IST
IDBI Bank plunges as CBI registers inquiry against loan to Kingfisher Airlines"CBI has registered a preliminary enquiry (PE) to enquire into the role of IDBI and KFA," the CBI spokesperson said on Saturday.
11 Aug, 2014, 10.02 AM IST
Another setback for Vijay Mallya as court rules in favour of united Bank of IndiaA day after being dragged to court by Kingfisher Airlines, UBI has got a shot in the arm in its fight against the grounded airline.
10 Jul, 2014, 05.26 PM IST
Fresh setback for Vijay Mallya in United Bank caseThe Calcutta High Court has refused to grant him exemption from a personal appearance before the United Bank of India Grievance Redressal P...
09 Jul, 2014, 07.25 PM IST
Kingfisher Airlines drags United Bank to courtThe development comes on the day that Vijay Mallya and KFA officials were supposed to meet with United Bank of India officials to present t...
09 Jul, 2014, 03.02 PM IST
Lenders may declare Kingfisher Airlines wilful defaulter; EY to conduct forensic auditIf the audit report throws up conclusive proof of fund diversion or other such activities, the banks could proceed with declaring KFA a wil...
26 Mar, 2014, 02.18 PM IST
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.
25 Nov, 2013, 10.39 AM IST
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.
25 Nov, 2013, 06.27 AM IST
Kingfisher Airlines’s 15 leased planes may land in scrapyardsA majority of the 15 leased planes that still remain on Kingfisher Airlines's (KFA) name may be headed to the scrapyards.
11 Apr, 2013, 02.21 PM IST
AAI to release deregistered KFA planes after govt nodAAI to release the deregistered leased aircraft of the grounded KFA for the lessors to fly them back only after permission from the Civil A...
15 Mar, 2013, 04.42 PM IST
- Airports Authority of India writes to Kingfisher Airlines to vacate two hangars
The authority has also decided to tell the DGCA that the Vijay Mallya promoted carrier must first clear its dues before getting a clearance...
29 Oct, 2012, 11.34 AM IST
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...
22 Oct, 2012, 12.20 PM IST
- Kingfisher Airlines: Aircraft lessors, bankers invoke United Breweries' corporate guarantee
Certain aircraft lessors and bankers to ailing Kingfisher Airlines (KFA) have invoked corporate guarantees given by Vijay Mallya-led United...
08 Aug, 2012, 10.24 PM IST
- SBI may classify Kingfisher Airlines account as NPA, cut further funding till CDR completed
According to sources, other banks like Bank of Baroda and Bank of India may also be mulling similar action if the airline misses its repaym...
05 Jan, 2012, 03.42 PM IST
- SBI may classify Kingfisher Airlines account as Non-Performing Assets, cut further funding till CDR completed
SBI has the highest exposure to KFA among a consortium of banks including IDBI Bank, Bank of Baroda, Bank of India and ICICI Bank.
05 Jan, 2012, 02.14 PM IST