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Lenders lower Kingfisher Villa price by 5%;reauction on Dec 22

Vijay Mallya     Mumbai : Lenders to the defunct Kingfisher Airlines have decided to again put up for auction on December 22 the plush sea-facing Kingfisher Villa at Condolim in north [...]

December 5th, 2016 | Posted in Highlights,Mumbai | Read More »

ED attaches Mallya’s assets worth Rs 6,630 cr

Vijay MallyaNew Delhi : The Enforcement Directorate (ED) today issued its second attachment order for assets worth Rs 6,630 crore against beleaguered businessman Vijay Mallya as it seized his farmhouse, flats [...]

September 3rd, 2016 | Posted in Highlights,Nation,Topnews | Read More »

CBI registers fresh case against Mallya

Vijay Mallya     New Delhi : CBI has registered a fresh case against beleaguered liquor baron Vijay Mallya for alleged irregularities in repayment of Rs 1,600 crore loan taken from State [...]

August 13th, 2016 | Posted in Highlights,Mumbai,Topnews | Read More »

Mallya asked to appear before PMLA court on July 29

Vijay MallyaMumbai : Liquor baron Vijay Mallya has been asked to appear before a PMLA court here on July 29 in connection with its money laundering probe against him in an [...]

June 29th, 2016 | Posted in Highlights,Mumbai,Topnews | Read More »

Auction fails as no bidder turns up for Kingfisher brands

Kingfisher     Mumbai : Auction of brands and trademarks of Kingfisher Airlines turned out to be a damp squib today as lenders failed to attract a single bidder for sale [...]

April 30th, 2016 | Posted in Highlights,Mumbai,Topnews | Read More »

Have received dues settlement offer from Kingfisher: SBI

Vijay MallyaMumbai : Lenders to defunct Kingfisher Airlines today said they have received an offer to settle loan from the company and they will examine the proposal. Liquor baron Vijay Mallya [...]

March 30th, 2016 | Posted in Business,Highlights | Read More »

Kingfisher, Mallya propose in SC to repay Rs 4000 cr to banks

Vijay MallyaNew Delhi : Liquor baron Vijay Mallya and Kingfisher Airlines Ltd today submitted in a sealed cover a proposal for repayment of Rs 4000 crore out of the loan amount [...]

March 30th, 2016 | Posted in Highlights,Nation,Topnews | Read More »

Loan default case:ED quizzes former CFO of Kingfisher Airlines

Kingfisher      Mumbai : Former Chief Financial Officer (CFO) of long-grounded carrier Kingfisher Airlines, A Raghunathan today appeared before the Enforcement Directorate here for questioning in connection with its money [...]

March 11th, 2016 | Posted in Highlights,Mumbai,Topnews | Read More »

SBI tags Mallya, his 2 firms as wilful defaulters

Vijay MallyaMumbai :  After a protracted legal battle, State Bank of India (SBI) has declared industrialist Vijay Mallya a ‘wilful defaulter’ for defaults on nearly Rs 7,000 crore loans to the [...]

November 22nd, 2015 | Posted in Business,Highlights | Read More »

UCO Bank weighing options to send notice to KFA

Vijay MallyaKolkata: State-owned UCO Bank today said that it was mulling options of sending wilful defaulter notice to debt-ridden Vijay Mallya-owned Kingfisher Airlines, which is now grounded. “We are weighing the [...]

September 19th, 2014 | Posted in Business | Read More »