Kingfisher Airlines
-
USL writes off Rs 566 cr related to dues from UB Group firms
Diageo-owned United Spirits Ltd today said it has written off Rs 566 crore in connection with recovery of funds that were “diverted” from the company and its subsidiaries to Vijay Mallya-led UB Group firms, including defunct Kingfisher Airlines.
-
Bank freezes farmer’s accounts for being Vijay Mallya’s ‘guarantor’
Manmohan Singh, a 54-year-old farmer of a nondescript village here, does not even know who Vijay Mallya is, but his banking facilities have been terminated for standing as “guarantor” for the liquor baron
-
Agencies will make every endeavour to bring back Vijay Mallya: FM Arun Jaitley
With the UK declining to deport owner of defunct Kingfisher Airlines Vijay Mallya, Finance Minister Arun Jaitley today said investigative agencies will make every endeavour to bring him back to face law.
-
In bad times, Vijay Mallya’s luxury jet awaits a buyer!
Waiting to be auctioned off by tax authorities for recovery of their dues, the erstwhile ‘King of Good Times’ Vijay Mallya’s private luxury jet is reminiscent of his high-flying days.
-
CPI says BJP elected Vijay Mallya to Rajya Sabha, asks it to apologise
CPI today demanded apology from BJP for “having had elected” Vijay Mallya to Rajya Sabha and asked if Prime Minister Narendra Modi will react over the episode involving the businessman who is accused of not paying the debts to the tune of Rs 9,000 crore.
-
Vijay Mallya’s Kingfisher Villa: Lenders seek police help for possession
Senior bankers told FE that with several guards, some of them armed, keeping a watch, it might not be possible to take over the property without support from the police.
-
Loan defaulters must not be judged by their lifestyle: CII President
As banks continue with their efforts to recover dues worth over Rs 9,000 crore from beleaguered businessman Vijay Mallya, industry body CII’s President Naushad Forbes today said loan defaulters should not judged on “moral perspectives” or by their lavish lifestyle.
-
Vijay Mallya’s jet auction: Service tax department buys time to address queries
The luxury airbus was to be auctioned on May 12 to recover part of alleged service tax dues of over Rs 800 crore of defunct Kingfisher Airlines.
-
North Goa collector allows banks to take over Vijay Mallya’s Kingfisher Villa
In a major setback to liquor baron Vijay Mallya, revenue officials in Goa today allowed the lenders to Kingfisher Airlines to take physical possession of ‘Kingfisher Villa’ in Candolim.
-
Court notice to Vijay Mallya on ED’s plea to withdraw personal exemption
A Delhi court has issued notice to liquor baron Vijay Mallya on ED’s plea seeking to withdraw the exemption granted to him from personal appearance in a case for allegedly evading summons in connection with purported violation of foreign exchange rules.
-
SFIO probe of Kingfisher Airlines is on, says government
The Serious Fraud Investigation Office (SFIO), the agency with a mandate to probe white-collar crimes, is investigating the long-grounded Kingfisher Airlines for alleged financial irregularities, Parliament was informed today.
-
Cheque bounce case: Court to pass order against Vijay Mallya on May 9
A local court today said it will pronounce on May 9 its order on the quantum of sentence for beleaguered industrialist Vijay Mallya, who was convicted in two cheque bounce cases filed against him by GMR Hyderabad International Airport Ltd.
-
Gave personal guarantee for loans to Kingfisher Airlines under coercion: Vijay Mallya
Embattled tycoon Vijay Mallya has defended his position of not being personally liable for repayment of Rs 9,431 crore loan to now defunct Kingfisher Airlines…
-
Vijay Mallya hits out again in Kingfisher loan default case; says verify facts before calling me a defaulter
Vijay Mallya tweeted, “In all humility and not in defiance as they report, I would like Indian media to check and verify facts before calling me a defaulter.”
-
India seeks Vijay Mallya’s deportation from the UK
External Affairs Ministry emphasised that India will continue pursuing Mallya’s deportation matter with the UK authorities.
