After attachment of his numerous properties in India, Mallya is on his way to lose a prized possession — a toilet seat made of gold.

Aviation profits, however, plunged from 2008 in kilter with a decelerating global economy and subsequent record prices of crude oil, pushin...

CBI is reviewing emails and info in these exchanges offers ‘credible indications’ that not only IDBI’s top mgmt but former finmin officials...

Mallya's UB Group moved the courts to prevent sale of pledged assets and shares by the lenders, slowing the loan recovery process.

Goa Villa and Kingfisher House in Mumbai valued at Rs 128 crore, compared to Rs 200 crore at time of loan in 2010.

What about loan recovery from those other than Kingfisher?, wondered its promoter Vijay Mallya while taking a dig at bank chiefs in his twe...

Corporation Bank has said that its loan exposure to the financially troubled Kingfisher Airlines was about Rs 160 crore and it is hopeful o...

Lenders are reconciling to the fact that chances of an equity investor coming forward is remote while the airline's troubles are rising.

Debt-ridden Kingfisher Airlines can come out of the crisis with the infusion of capital as it is still a "good brand", SBI said today.

The troubles of cash-strapped Kingfisher Airlines worsened today with another lender classifying its loan as "sub-standard"

Beleaguered Kingfisher Airlines may ask an international consultant to help prepare a turnaround plan as lenders remain wary of giving more...

Kingfisher Airlines plans to convert a part of its rupee debt into foreign currency loans to cut debt as interest rates abroad is lower tha...

In an interview with ET Now, N Seshadri, Executive Director, Bank of India, talks about the company's performance. Excerpts:

Four companies linked to Kingfisher and the UB Group have collectively borrowed Rs 400 crore from SICOM, in which the state government hold...

Kingfisher Airlines has given a little over Rs 50 crore as commission to its chairman and key promoter Vijay Mallya, who provided guarantee...

Delay showcases dangers & uncertainties that lie ahead for an airline that has not turned an annual net profit since 2006.

Kingfisher Airlines is in the process of implementing the debt restructuring plan, which also includes raising $250 mn to $350 mn via GDR.