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Latest Articles in kingfisher airlines

Kingfisher Airlines Case: Vijay Mallya Mocks Banks For Saying He Still Owes Them Money

The 65-year-old businessman remains on bail in the UK while a "confidential" legal matter, believed to be related to an asylum application, is resolved in connection with the unrelated extradition proceedings.

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Banks Can Sell Vijay Mallya's Properties, Shares Worth Rs 5,646 Cr To Recover Dues

The special PMLA court in Mumbai on Tuesday allowed the restoration of properties worth Rs 5,646.54 crore to banks.

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Mallya receives fresh blow as judge denies appeal to dismiss bankruptcy proceedings

Mallya receives fresh blow as judge denies appeal to dismiss bankruptcy proceedings

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SC reserves order in Mallya's plea seeking review of 2017 order holding him guilty of contempt

SC reserves order in Mallya's plea seeking review of 2017 order holding him guilty of contempt

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Keeping Airlines Afloat

The industry holds a lot of promise, given favourable conditions for growth. But just like the rest of the country, poor strategic decisions by the private sector and government are proving fatal for its survival.

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Enforcement Directorate 'Resisted' My Efforts To Repay Banks, Mallya Claims In PMLA Court

Vijay Mallya's reply also stated that the ED's application, in its endeavour to confiscate assets, is one which is contrary to public and national interest

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SBI Denies Any Leniency On Its Part In Dealing With Fugitive Vijay Mallya Case

Denying any laxity on its part in dealing with the loan default by Vijay Mallya's now defunct Kingfisher Airline, SBI has said that rather it has been taking proactive measures to recover the defaulted amounts

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UK Court To Deliver Its Verdict On Mallya's Extradition Case On Dec 10

In conclusion to the trial regarding liquor baron Vijay Mallya's extradition to India, a UK court has set Dec 10 as the verdict date concluding the year-long trial which opened on Dec 4 last year

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Mallya Says He Made Comprehensive Settlement Offer Before Karnataka High Court

Former Kingfisher boss, Vijay Mallya today said before a London court that he made a "comprehensive settlement" offer before the Karnataka High Court in paying off all his dues

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Vijay Mallya To Return To UK Court For Extradition Hearing

Former Kingfisher airline boss Vijay Mallya will return to a London court today for a hearing on his extradition to India on charges of fraud and money laundering of around Rs. 9,000 crores

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The Great Corporate Governance Challenge

Satyam, Kingfisher Airlines, United Spirits, Ricoh India, Fortis... the list of companies that have duped minority shareholders is long and worrisome. Is there a way to keep unscrupulous promoters /managements under check?

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India Asks UK Court To Extradite Tycoon Vijay Mallya On Fraud Charges

Mark Summers, a British lawyer acting for India, told the court at the start of a two-week extradition hearing that it was entitled to conclude that he never intended to repay money borrowed by Kingfisher from IDBI in 2009

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Mallya Extradition Hearing Confirmed For 8 Days From Dec 4

The previous fraud charges relate to Mallya's now-defunct Kingfisher Airlines owing more than Rs 9,000 crore to various Indian banks

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Return $40 Million Given As Part Of Exit Pay: Diageo Tells Vijay Mallya

Diageo has stopped payment of $7 million a year to Mallya as part of the deal and sought compensation for the losses incurred by it

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India Asks United Kingdom To Ensure Early Extradition Of Fugitive Businessman Mallya

India has asked the United Kingdom to ensure early extradition of fugitive businessman Vijay Mallya who is facing cases of bank loan default to the tune of Rs 9,000 crore by his now-defunct Kingfisher Airlines

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