Dec 17, 2015 at 20:52 | Source: PTI
PNB, in its plea, had challenged the high court order which had allowed lawyers to represent the airline in the proceedings to decide whether the carrier and its guarantors, Mallya and United Breweries (Holdings) Ltd (UBHL) are to be held wilful defaulters for non-payment of dues of over Rs 770 crore.
Dec 11, 2015 at 18:14 | Source: PTI
Speaking to reporters after the central bank's board meeting here, he said that banks have a number of ways to deal with the problem of stressed assets. "The idea is not to postpone the day of reckoning. But banks have the wherewithals to accelerate the process to recover the assets," he said.
Dec 10, 2015 at 21:59 | Source: PTI
CBI has registered a case against Mallya, Director of defunct Kingfisher Airlines; the company; A Raghunathan, Chief Financial Officer of the Airlines; and unknown officials of IDBI Bank.
Dec 10, 2015 at 21:51 | Source: PTI
The (now defunct) Kingfisher Airlines also has dues amounting to Rs 294.57 crore to AAI and its bank guarantee amounting to Rs 100 crore was encashed, Minister of State for Civil Aviation Mahesh Sharma told Lok Sabha in reply to a question on private airlines' dues.
Nov 29, 2015 at 16:21 | Source: PTI
The move comes after State Bank of India (SBI) declared Mallya, Kingfisher Airlines and its holding company United Breweries Holdings, as willful defaulters for defaults on nearly Rs 7,000-crore loans to the long-grounded carrier.
Nov 27, 2015 at 15:57 | Source: CNBC-TV18
According to Gautam Trivedi, MD & CEO, Religare Capital Markets companies like Shemaroo Entertainment, which has got lot of video content and Saregama India with lot of audio content of songs will gain hugely from 4G penetration going forward.
Nov 24, 2015 at 18:32 | Source: CNBC-TV18
Vijay Mallya,United Spirits,Diageo,UB Group entities,UB Group entities,Kingfisher Airlines.
Nov 21, 2015 at 15:44 | Source: Reuters
The reserve price for the assets going on sale has set at Rs 65 crore, meaning that at most the auction will let the lenders recover just a fraction of what they are owed. The banks earlier this year took over USD 15 million worth of airline property after a two-year legal battle
Nov 20, 2015 at 08:20 | Source: CNBC-TV18
Amtek Auto | NTPC | Dr Reddy's Labs | Jubilant Foodworks | Hindalco Industries | PTC India Financial Services | Ruchi Soya | Punjab Alkalies and Jindal Steel & Power are stocks, which are in the news today.
Nov 16, 2015 at 16:43 | Source: CNBC-TV18
Vijay Chopra of enochventures.com is of the view that one may exit DB Realty and prefer Oberoi Realty.