Kingfisher
After Jet Airways, Pawan Hans faces financial crunch; salaries for April on Hold
Mon, Apr 29, 2019
Pawan Hans' management released a circular for its employees on April 25, stating that the company is not in a sound position to release salaries of the employees for April due to "uncomfortable financial position in Pawan Hans.
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UK: Vijay Mallya extradition trial hearing inconclusive
Thu, Jan 11, 2018
Embattled liquor baron Vijay Mallya, wanted in India on charges of fraud and money laundering allegedly amounting to around Rs 9,000 crore, today appeared in court here for his extradition trial but the hearing was inconclusive as the defence is yet to complete its arguments.
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Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings
Tue, Feb 07, 2017
The Karnataka High Court on Tuesday ordered winding up of United Breweries Holdings Ltd (UBHL) for recovering dues payable by the UBHL-promoted defunct Kingfisher Airlines of Vijay Mallya.
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Begged for help, not loans, says Mallya
Sat, Jan 28, 2017
Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said public funds were used to bail out state-owned Air India, but not the then "largest domestic airline."
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Mallya's jet to be re-auctioned; HC allows claimant to withdraw Rs 27 crore bid
Tue, Sep 27, 2016
The Bombay High Court today allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.
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United Breweries Holdings Q4 net loss narrows to Rs 43 crore
Thu, Sep 01, 2016
United Breweries (Holdings) Ltd today reported narrowing of its standalone net loss at Rs 43.14 crore for the fourth quarter ended March 31, 2016. The company had posted a net loss of Rs 373.73 crore during the same period of the previous fiscal.
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Rules say we need Mallya to appear before Supreme Court: Attorney General
Mon, Aug 29, 2016
The Supreme Court trial for hearing the banks’ plea against Vijay Mallya concluded with the attorney general, Mukul Rohtagi, appearing for the banks, saying that the businessman has breached court order by not appearing in front of it.
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SGI Commex claims to win auction of Mallya's jet for Rs 27 crore
Wed, Aug 24, 2016
Days after the service tax department held an auction to sell embattled businessman Vijay Mallya's personal jet, little-known SGI Commex today said it emerged as the 'successful bidder' at a price of Rs 27.39 crore (USD 4.1 million), which is nearly one-sixth of the reserve price.
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Mallya PMLA case: ED expands probe, to add fresh charges
Wed, Aug 17, 2016
The Enforcement Directorate (ED) has expanded the ambit of its money laundering probe against beleaguered businessman Vijay Mallya and will now investigate the alleged default of loans to the tune of Rs 6,027 crore availed from a consortium of nationalised banks, a case taken over by CBI recently
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CBI registers fresh case against Mallya on SBI's complaint
Sat, Aug 13, 2016
The Central Bureau of Investigation (CBI) on Saturday registered a fresh case against liquor baron Vijay Mallya under Section 420 of the Indian Penal Code (IPC) in connection with State Bank of India loan default case.
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