CBI to probe if netas pushed Vijay Mallya loansThe Central Bureau of Investigation (CBI) will probe if some public sector banks were pressured into lending and restructuring loans.
13 Mar, 2016, 11.16 AM IST
Vijay Mallya's key advisor Ravi Nedungadi stepping down from UB GroupEven though the group wanted him to continue, Nedungadi has decided not to extend his stint beyond the prescribed retirement age.
09 Mar, 2016, 04.00 AM IST
- Vijay Mallya considering 49% stake sale in Whyte & Mackay: Report
Vijay Mallya-promoted United Spirits is considering to sell 49% stake in its Glasgow based subsidiary Whyte & Mackay to pay off debt.
27 Feb, 2012, 09.04 PM IST
- UB CFO Ravi Nedungadi predicted Kingfisher Airlines would be a drain on company's finances
UB Group CFO Ravi Nedungadi is the man who had expressed reservations about the foray when Mallya first broached the idea of an airline wit...
20 Feb, 2012, 06.56 AM IST
- Kingfisher Airlines told to pay dues for more loans
Lenders have told Kingfisher to clear its dues within a fortnight before they can release any more money sought by the beleaguered private ...
20 Dec, 2011, 01.04 AM IST
- Lenders counter Kingfisher CFO's claim on rights
Lenders to Kingfisher have a contrasting opinion to offer to Kingfisher CFO Ravi Nedungadi's comment that some bank treasury heads are keen...
18 Nov, 2011, 01.50 AM IST
Kingfisher Airlines' stake-buy talks report denied by Reliance IndustriesIt was reported that Reliance might make a financial investment or pick up a stake through a preferential offer by the carrier.
16 Nov, 2011, 04.27 PM IST
- There is no reason why we need to hold on to a majority in Kingfisher Airlines: Ravi Nedungadi, UB Group
Ravi Nedungadi, president and group CFO of UB Group, has clarified that it has not pledged any other group company shares with the bankers ...
16 Nov, 2011, 06.57 AM IST
- Debt is not a big concern for the company: UB Group
In a chat with ET Now, Ravi Nedungadi, President & Group CFO, UB Group, gives his views on company's performance and strategies.
04 Aug, 2011, 02.09 PM IST
- Seeing strong growth across businesses: UB Group
In an interview with ET Now, Ravi Nedungadi, President and Group CFO, UB Group, talks about the group’s financial health and growth strateg...
17 Jun, 2011, 02.56 PM IST
UB Group now focusses on manufacturing to derisk business: Ravi NedungadiRavi Nedungadi, President and Group CFO,UB Group in an interview with ET Now, talks about the group's prospect and its strategic planning.
11 Apr, 2011, 04.08 PM IST
- Lenders get Kingfisher equity at 60% premium
Kingfisher Airlines disclosed that lenders including SBI and ICICI have converted debt amounting to Rs 1,400 crore into equity at a 60% pre...
07 Apr, 2011, 10.56 AM IST
- Kingfisher lost Rs 70-80 cr from direct costs of grounded planes: Ravi Nedungadi, UB Group
With the market wondering whether companies would undertake price hikes, ET Now talks to Ravi Nedungadi, President & CFO, UB Group to know ...
16 Feb, 2011, 04.07 PM IST
- Kingfisher to decide on $100-mn GDR issue on Tuesday
Kingfisher Airlines is likely to decide on its fund-raising programme through the Global Depository Receipts (GDRs) route at its Board meet...
30 Aug, 2010, 05.11 PM IST
- United Spirits to raise $300 mn to repay debt
The country largest liquor manufacturer, United Spirits Limited (USL) today said it will raise USD 300 million through various channels to ...
26 Sep, 2009, 04.19 PM IST
- UB earmarks up to $1bn for overseas acquisition
The UB Group on Wednesday said that it has earmarked $500 million to $1 billion for an overseas acquisition.
28 Dec, 2006, 01.06 AM IST
- UB pledges Aventis stake to raise $40m for airline
UB Holdings (UBHL) has raised $35-40m (Rs 160-185cr) for its subsidiary Kingfisher Airlines by pledging its entire minority holding in Aven...
23 Sep, 2006, 02.56 AM IST