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KINGFISHER AIRLINES LOANS
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- CBI closes DA case against IDBI ex-deputy MD under probe in Kingfisher Airlines loan fraudThe CBI has closed a disproportionate assets case against former IDBI deputy managing director B K Batra, who faces scrutiny in the Kingfis...
- CBI charge sheet against Vijay Mallya likely in a month, bank officials may be includedThe agency has already filed a charge sheet against Mallya last year in connection with a separate case related to Rs 900 crore pending loa...
- 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 court remands 9 accused to judicial custody in Kingfisher Airlines loan default caseThe accused persons are well connected and there is reason to believe they may tamper with evidence and influence witnesses, CBI said in it...
- SFIO seeks loan details from banks to Vijay Mallya-owned defunct Kingfisher AirlinesAs a multi-disciplinary organisation, the SFIO probes cases of financial frauds that are referred to it by the Corporate Affairs Ministry.
- 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...
- Kingfisher Airlines lenders stumped as value of pledged properties crashesGoa Villa and Kingfisher House in Mumbai valued at Rs 128 crore, compared to Rs 200 crore at time of loan in 2010.
- Kingfisher woes: What about loan recovery from others? Vijay Mallya asks bank chiefsWhat about loan recovery from those other than Kingfisher?, wondered its promoter Vijay Mallya while taking a dig at bank chiefs in his twe...
- Kingfisher Airlines lenders demand Vijay Mallya's presence for loan talkLenders of KFA have demanded that Vijay Mallya should present himself before lenders to resolve the deadlock.
- Goa villa, Mumbai office not up for sale: Kingsfisher AirlinesA day after lenders asked HDFC Securities to value two Kingfisher properties, the cash- starved airline today said the Goan property is not...
- ICICI bank deplanes, sells Rs 450 crore Kingfisher Airlines loans to Srei FundICICI Bank has exited Kingfisher Airlines by selling the last of its nearly Rs 600-crore loans to a fund run by Srei Infrastructure Finance.
- ICICI seeks more security for Kingfisher Airlines loan; asks for more collateralICICI has asked Kingfisher to provide more collateral for loans given to it or face cut in credit even as Mallya prepares to present reviva...
- Bank of India says Kingfisher loan "sub-standard"The troubles of cash-strapped Kingfisher Airlines worsened today with another lender classifying its loan as "sub-standard"
- Subrata Roy lends Rs 750 crore to Vijay Mallya's Kingfisher AirlinesThe deal was directly structured by Vijay Mallya & Subrata Roy. One source said that Sahara may have asked for collaterals to secure the lo...
- Global consultant may script Kingfisher Airlines revival planBeleaguered Kingfisher Airlines may ask an international consultant to help prepare a turnaround plan as lenders remain wary of giving more...
- Kingfisher Airlines may convert part of debt into forex loansKingfisher Airlines plans to convert a part of its rupee debt into foreign currency loans to cut debt as interest rates abroad is lower tha...
- UB Group borrows Rs 400 crore from SICOM for KingfisherFour companies linked to Kingfisher and the UB Group have collectively borrowed Rs 400 crore from SICOM, in which the state government hold...
- 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 ...
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