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MALLYA KINGFISHER AIRLINES
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.
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 case: Court orders issuance to Mallya, 18 others on SFIO complaintA Special Court, constituted under the Companies Act, in Bengaluru has directed issuance of arrest warrants against Mallya and 18 others, a...
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...
Kingfisher case: SFIO gets nod for filing prosecution casesThe corporate affairs ministry has approved filing of prosecution cases by the SFIO against defaulter businessman Vijay Mallya and others i...
Kingfisher probe: Officials, directors under lens for violationsThe probe agency has red flagged a slew of violations of companies law by Mallya, Kingfisher Airlines and officials, including serious corp...
Not concerned with or connected to Kingfisher Airlines: United Breweries Limited"UBL is an independent listed entity engaged in beer business and is not concerned with KFA (Kingfisher Airlines) in any manner whatsoever."
Kingfisher diverted Rs 263 cr from Rs 900-cr IDBI loan for personal use: CBICBI sources said the agency has kept its probe open in the issue of suspected quid pro quo by Mallya and executives of Kingfisher Airlines ...
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.
Kingfisher Airlines' brand valuation under SFIO scannerUnder fire from multiple agencies, Vijay Mallya's Kingfisher Airlines now faces a probe by the Serious Fraud Investigation Office.
CBI was aware that Vijay Mallya was leaving India on March 2The Bureau of Immigration (BoI) had alerted CBI on Mallya’s departure because there was a lookout circular on Mallya, issued last year at t...
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.
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' 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 Mallya
Mallya said that Kingfisher was undertaking steps to reduce interest cost, streamlining of existing fleet order & has applied for direct im...
- Kingfisher plans 25% stake sale
Mallya's Kingfisher Airlines is holding exploratory talks with international carriers for diluting up to 25% stake. ATF fuel cheaper, will ...
- Kingfisher to go abroad by Aug; Deccan to fly into sunset
The Deccan brand will cease to exist after its merger with Kingfisher Airlines, which will takeoff for international destinations by August.