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KINGFISHER AIRLINES MALLYA
Vijay Mallya accuses PSU banks of double standards after Jet bailoutA day after lenders to Jet Airways announced their decision to take over the cash-strapped airline and infuse cash to stabilise operations.- SFIO conducting additional inquiries in Kingfisher caseThe SFIO had red-flagged a slew of violations of companies law by Mallya, Kingfisher Airlines and officials, including serious corporate go...
- Faulty aircraft engines led to Kingfisher collapse: MallyaMallya said amid aviation regulator DGCA ordering detailed inspection of P&W engines powering some Airbus 320 neo planes being operated in ...
- Former Kingfisher Airlines CFO gets 18-mnth imprisonment in cheque bounce casesThe magistrate, in his order, sentenced Raghunathan to undergo one year and six months imprisonment and also imposed a fine of Rs 20,000 in...
- Lenders find no takers for Kingfisher brand, trademarksThe brand Kingfisher was collateralised to banks for a whopping Rs 4,000 crore (by Grant Thornton) in 2010, now down to a trickle.
- Banks seek better repayment offer from Vijay MallyaLenders to the long-defunct Kingfisher Airlines are likely to press for a better offer on payment of dues from its promoter Vijay Mallya.
- Have received dues settlement offer from Kingfisher: SBIMallya and Kingfisher Airlines owe Rs 7,800 crore to the consortium led by SBI, which had an exposure of over Rs 1,600 crore to the airline.
- Investing lessons from Vijay MallyaThe Kingfisher chief may have fled India but he offers some valuable lessons for small investors.
- SBI tags Vijay Mallya, his 2 firms as wilful defaultersSBI has declared industrialist Vijay Mallya a 'wilful defaulter' for defaults on nearly Rs 7,000 crore loans to the long-grounded Kingfishe...
- Kingfisher's turbulence: Has Vijay Mallya lost his zest for battling crises?"In the past seven years, he has lost focus on the liquor business because of Kingfisher," said a former associate of Vijay Mallya.
- Will Vijay Mallya ditch Kingfisher Airlines to save United Spirits?Vijay Mallya is desperately trying to save his empire. But he has to choose between a shaky airline and a healthier spirits business.
- Emirates signals Kingfisher Airlines stake buy"All that I would say is that we had a good meeting with the lenders. There are confidentiality clauses between the banks and the client, a...
- Kingfisher Airlines staff demands overdue payments by Tuesday nightIn reply to Vijay Mallya's letter to Kingfisher Airlines' employees, the staff has hit out and asked for their dues to be cleared by Tuesda...
- Vijay Mallya's looking at TINA to save Kingfisher AirlinesFor its part, Kingfisher plans to run as a smaller, leaner airline without the frills for now, until equity comes in, according to a compan...
- Kingfisher Airlines' crisis: Vijay Mallya likely to reveal survival plan by TuesdayThe government could 'pull the plug' on the crisis-ridden airline if a credible plan was not presented by the indicated date, said a govt o...
- Mallya has to take proactive interest to save Kingfisher Airlines: MoilyNoting that IndiGo was making profits, he said other airlines have to learn a lesson from that carrier and "take it forward".
- Kingfisher Airlines not seeking bailout, to focus on high-end business: Vijay MallyaMallya said that Kingfisher was undertaking steps to reduce interest cost, streamlining of existing fleet order & has applied for direct im...
- Kingfisher to go abroad by Aug; Deccan to fly into sunsetThe Deccan brand will cease to exist after its merger with Kingfisher Airlines, which will takeoff for international destinations by August.
- Kingfisher may break even in 2008-09: MallyaKingfisher Airlines chairman Vijay Mallya has said his airline will not fold up despite incurring losses although it may take a year longer...
- Kingfisher eyes MAXjet of USLiquor baron Vijay Mallya is out shopping again. And this time round, Mallya has set his sights on a US-based premium-class-only airline MA...
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