Apr 19, 2017 at 14:18 | Source: Moneycontrol.com
In its dossier, the ED has also made a case against KFA and Mallya regarding the sale of a land of 264 acres in Coorg, the proceeds of which have been laundered overseas
Feb 20, 2017 at 21:00 | Source: PTI
The Home Ministry today forwarded to the Ministry of External Affairs (MEA) a court-issued request to bring back embattled liquor baron Vijay Mallya from the United Kingdom to India to face money laundering probe.
Feb 07, 2017 at 17:18 | Source: CNBC-TV18
A CBI special court on Tuesday adjourned the case pertaining to the bail pleas of the nine officials arrested in connection with the alleged wilful default of the Kingfisher Airlines and IDBI Bank loan on Monday. The court also extended the judicial custody of the officials till February 20, when it will hear the matter.
Jan 28, 2017 at 12:08 | Source: PTI
Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said public funds were used to bail out state-owned Air India, but not the then "largest domestic airline".
Jan 28, 2017 at 10:10 | Source: PTI
Just a month before the now-defunct Kingfisher Airlines approached the IDBI Bank for a corporate loan of Rs 950 crore in October 2009, two UB Group companies had settled their outstanding dues and obtained 'no dues' certificates from the bank.
Jan 27, 2017 at 19:11 | Source: CNBC-TV18
DRT Bengaluru had passed an order against KFA on January 19 that allowed banks to recover Rs 6,203 crore.
Jan 27, 2017 at 11:46 | Source: PTI
"Till this minute, there is no final judicial determination on what KFA owes to banks and what I may owe in my personal capacity after trial," Mallya tweeted.
Jan 23, 2017 at 21:36 | Source: CNBC-TV18
Terming the RS 950 crore loan to the defunct Kingfisher Airlines (KFA) as unsecure, the Central Bureau of Investigation (CBI) on Monday arrested nine people linked to this cae including former CEO of the airlines and two former Chairmen of IDBI Bank.
Dec 19, 2016 at 11:22 | Source: CNBC-TV18
Exclusive sources tell CNBC-TV18 that the auction for KFA House in Mumbai has turned a cropper for the third time as no bids were received for former tycoon Vijay Mallyas asset.
Nov 25, 2016 at 09:15 | Source: Moneycontrol.com
Once known as 'king of good times', Vijay Mallya told the Supreme Court (SC) that it is unfair to project him as the poster boy of non-performing assets (NPAs). With the commercial failure of Kingfisher Airlines, Mallya is having troubled times with banks who are after his return to India as he has dues to settle of over Rs 9,000 crore.