Apr 30, 2016 at 13:48 | Source: PTI
This is the second failed attempt by the 17-bank consortium led by state-run behemoth SBI to recover some money from Mallya, after an earlier auction of Kingfisher House -- the erstwhile headquarters of the long-defunct airline -- met with a similar fate, with no bidder coming forward.
Apr 30, 2016 at 12:10 | Source: PTI
Seeking to recover their dues from businessman Vijay Mallya, lenders have initiated an auction of various brands and trademarks of the long-grounded Kingfisher Airlines, including its once-famoustagline 'Fly The Goodtimes', but bidders were hard to come by.
Apr 29, 2016 at 11:00 | Source: Reuters
Mallya, 60, flew first class from Delhi to London on March 2 at a time when the Indian government and mainly state-controlled banks are trying to recover USD 1.4 billion owed by his collapsed Kingfisher Airlines Ltd.
Apr 25, 2016 at 08:24 | Source: PTI
The 60-year-old, who strongly rejects any suggestion of wrongdoing and denies that he has deliberately absconded from India, has been living at a three-storey mansion called Ladywalk in the village of Tewin in Hertfordshire, just over a one-hour drive north of London.
Apr 25, 2016 at 08:22 | Source: PTI
"Having considered the reply furnished by Vijay Mallya to the show cause notice, facts got by Enforcement Directorate and non-bailable warrant under the PMLA Act, 2002 issued by special judge, Mumbai, the MEA has revoked the passport of Vijay Mallya," External Affairs spokesperson Vikas Swarup said.
Apr 22, 2016 at 18:44 | Source: PTI
On revocation of the passport of Mallya, whose Kingfisher Airlines has allegedly defaulted on loans of over Rs 9,400 crores, the ministry, which has "suspended" his passport, said it was examining the reply sent by him while declining to divulge its contents.
Apr 22, 2016 at 16:57 | Source: CNBC-TV18
SFIO is believed to have doubts that the lease amount was inflated on the books of KFA and has asked the Directorate General of Civil Aviation (DGCA) to submit related lease rental documents, sources say.
Apr 21, 2016 at 11:56 | Source: PTI
"Based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors at its meeting held on April 20, 2016 have approved the appointment of Ajay Kumar Vijay as Chief Financial Officer (CFO) of the company with effect from April 20, 2016," UBHL said in a BSE filing.
Apr 21, 2016 at 07:54 | Source: PTI
The court, however, did not pronounce the quantum of punishment as the Rajya Sabha MP, who left the country last month, was not present in the court, Mallya's lawyer H Sudhakar Rao said.
Apr 18, 2016 at 16:28 | Source: CNBC-TV18
ED has claimed that Vijay Mallya diverted loans proceeds from Kingfisher Airlines to buy properly in London and seeks to issue a non-bailable warrant against the liquor baron.