Jun 28, 2016 at 21:20 | Source: PTI
Beleaguered businessman Vijay Mallya may be declared a proclaimed offender if he does not present himself before a PMLA court by July 27 in connection with a case of alleged loan fraud
Jun 26, 2016 at 14:28 | Source: PTI
"Banks have been asked to provide all the details of the loans given to the Kingfisher Airlines. The agency wants to know whether all the procedures were followed by the lenders while giving loans to the airlines," a banking source said, adding the details have been furnished.
Jun 23, 2016 at 21:28 | Source: PTI
HDFC Ltd has invoked 35,000 shares of United Spirits pledged to it by Kingfisher Finvest India, a firm promoted by embattled businessman Vijay Mallya
Jun 22, 2016 at 18:19 | Source: CNBC-TV18
The decision to allow 100 percent foreign direct investment (FDI) in the aviation sector is going to help bring in more investment into the sector, said Ashok Gajapathi Raju, Union Minister for Civil Aviation.
Jun 21, 2016 at 17:54 | Source: PTI
Embattled businessman Vijay Mallya is quitting as the Chairman of Bayer CropScience Ltd after over 12 years of holding the position in the company
Jun 18, 2016 at 10:34 | Source: PTI
The Karnataka High Court on June 17 stayed for three months the Debt Recovery Tribunal's order issuing a demand notice to Vijay Mallya-owned United BreweriesHoldings Limited (UBHL) and Kingfisher Airlines to pay Rs 192 crore on an application by three banks
Jun 16, 2016 at 17:36 | Source: PTI
Domestic aviation industry is likely to see a strong growth period with air traffic estimated to grow at 14 percent helped by a positive outlook for crude prices, says a report
Jun 15, 2016 at 07:32 | Source: NEWS18.com
In December 2015, the Bank of Baroda, which lent Rs 550 crore to Mallya, started freezing accounts of those who stood guarantors for him. But some of them turned out to be wrong account holders, forcing the bank to admit it was 'a technical glitch'.
Jun 15, 2016 at 07:26 | Source: PTI
In a counter submission, bankers' counsel said he used the unparliamentary words not against Kingfisher Finvest but other defendants.
Jun 14, 2016 at 21:19 | Source: CNBC-TV18
About 913 borrowers have been classified as wilful defaulters and they collectively owe over Rs 11,480 crore to the bank as of March 2016 compared to Rs 10,870 crore in February.