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Latest Articles in kingfisher airlines

Verbatim: Quotable Quotes

The obstruction of GST is now not a Lok Sabha issue, but has become a Gram Sabha issue! The public in states like UP, Bihar and West Bengal will be the biggest beneficiaries. Therefore, I do not think any political party will try to commit suicide by opposing GST

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Mumbai Court Issues Arrest Order Against Mallya

The court heard applications filed by AAI against Kingfisher Airlines in connection with two cheques of Rs 100 crores which were dishonoured

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Mallya Cheque Bounce Cases: Court Adjourns Order Till Aug 4

As the NBWs are still pending, the court directed GMR to furnish addresses of the company (Kingfisher) and Vijay Mallya for execution of the warrants

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When Gayle Spent 5 Days In Vijay Mallya's Goa Mansion

'It's James Bond, it's Playboy Mansion, it's the land of plenty in white concrete and glass', the cricketer says of the liquor baron's Kingfisher villa

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Exiled Tycoon Vijay Mallya: India Wrong To Sequester Some Assets In Graft Case

Says there is no rationale nor any legal basis for the series of actions initiated by the ED which is now making it more difficult to raise resources to pay the banks

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Cheque Bounce Case Against Mallya Adjourned To July 5

The III Special Magistrate Court here is yet to pronounce its order on the quantum of sentence for Mallya, who was convicted in two cheque bounce cases

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Disclose Loan Default By Kingdom Of Dreams, IDBI Told

IDBI Bank, which is already being probed by the CBI for alleged loan default of Rs 900 crore to Kingfisher Airlines, has denied information citing commercial confidence and fiduciary relationship with Kingdom of Dreams

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Bank Freezes Farmer's Accounts For Being Mallya's 'Guarantor'

The farmer in Uttar Pradesh was informed by a branch of Bank of Baroda that his two accounts were being frozen for standing as "guarantor" for liquor baron Vijay Mallya

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Government Efforts To Deport Vijay Mallya, Probe Overseas Assets A Drama?

Billionaire Vijay Mallya, who fled to the UK in March after the controversy on loan defaults by his troubled airline became hot in India, had twice made his offer to settle Kingfisher Airlines’ loans to the banks though with a huge haircut

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Auction Fails As No Bidder Turns Up For Kingfisher Brands

Auction of brands and trademarks of Kingfisher Airlines turned out to be a damp squib on Saturday as lenders failed to attract a single bidder for sale of these pledged assets at a reserve price of Rs 366.70 crore in their efforts to recover unpaid loans from beleaguered Vijay Mallya

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Lenders Begin Auction Of Brand Kingfisher, Trademarks

Vijay Mallya had pledged the trademarks as collateral with banks at the time of taking loans from them

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Vijay Mallya Says Willing To Reach 'Reasonable' Debt Settlement

Embattled tycoon Vijay Mallya wants a "reasonable" settlement with creditor banks to his defunct airline, he said in an interview in London published by the Financial Times

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Banks Have No Right Over Info On Overseas Assets: Vijay Mallya To Supreme Court

Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988

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Vijay Mallya Convicted In Cheque-bouncing Case

A local court has convicted industrialist Vijay Mallya in a cheque-bouncing case filed against him by GMR Hyderabad International Airport Ltd

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Kingfisher Airlines Challenges ED’s Charges Against Mallya In Mumbai Court

The court had on Saturday reserved its order till Monday. It is likely to hear the arguments of KFA and may pass an order on ED’s NBW request later in the day

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