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Latest Articles in kingfisher airlines

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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IDBI Loan Case: Kingfisher Counters ED's Charges In Court

Kingfisher Airlines on Monday moved an application in the special PMLA court here terming as "false and incorrect" Enforcement Directorate's charges against its owner Vijay Mallya that he had siphoned off Rs 430 crore of the IDBI loan and used this money to acquire property abroad

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UB Group Denies Kingfisher Loans Funded Offshore Property

Mallya has not disclosed his whereabouts since leaving India, but media reports have traced him to the Hertfordshire village of Tewin, north of London

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Mallya's Business Model Could Be At Fault: Jaitley

Jaitley's remarks came on a day when the External Affairs Ministry suspended Mallya's diplomatic passport for four weeks and threatened to revoke it if he fails to respond within a week on why his passport should not be impounded

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ED Seeks Revocation Of Vijay Mallya's Passport

In further trouble for liquor baron Vijay Mallya, ED has sought revocation of his passport in connection with its money laundering probe in the Rs 900 crore IDBI bank loan fraud case

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Mallya Again Skips Enforcement Directorate Hearing

Tycoon seeks time till May to depose before investigators in connection with a money laundering probe in the Rs 900 crore IDBI loan fraud case

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Kingfisher: It's Haircut Time For Banks

Let's get this clear: there's no way on earth that Mallya will better his offer - if he does so now, it can only mean he has more in his wallet, but was not being truthful about it

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Banks Reject Mallya's Loan Repayment Offer, Say Need More

A lawyer representing the banks told the Supreme Court that Mallya had made the lenders a revised offer on Wednesday but that this was still not acceptable to them

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Banks Set To Reject Mallya's $600 Million Loan Repayment Offer

The lenders, led by State Bank of India, are due to inform the Supreme Court of their decision on the offer at a hearing on Thursday

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Sahara, Kingfisher Recovery Plan: All That Glitters Is Not Gold

The recovery actions spelt out early this week in two controversial cases of economic offence related to Sahara Group and Kingfisher Airlines are unlikely to fetch the desired outcome as the sales of the assets are neither easy nor adequately compensating

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Kingfisher, Mallya Propose To Repay Rs 4,000 Crore To Banks

A Supreme Court bench gives the consortium of banks a week's time to respond to the liquor baron's proposal

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Finance Minister Warns Mallya Of Stern Action If Bank Loans Not Repaid

Banks have certain collaterals of group companies of Vijay Mallya and will take legal action to recover dues that are in excess of Rs 9,000 crore

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Vijay Mallya To Step Down As Sanofi India Chairman

Sanofi India's board has recommended to elect Aditya Narayan as the new chairman of the board after Mallya conveyed his decision not to seek re-election

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Mallya Brought Terrible Name To India Inc: Jaitley

'How long can you lead a life like this?' Jaitley asks in an apparent reference to liquor baron's lavish lifestyle

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Vijay Mallya Seeks Time Till April, Won't Appear Before ED On Friday

The liquor baron on Thursday sought time till April for making a personal appearance before the Enforcement Directorate of India, virtually making it clear he would not present himself before the anti-money laundering agency pursuant to summons issued by it in the IDBI bank loan default case

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