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Kingfisher Airlines News
Fresh non-bailable warrant against Mallya in a FERA violation matter
Wed, Apr 12, 2017
The exemption from personal appearance to Mallya was granted in December 2000 on ED's complaint for evading summons issued by it.
Vijay Mallya's Kingfisher Villa finally sold for over Rs 73 crore
Sat, Apr 08, 2017
The Goa property was sold to a film production company Viiking Media & Entertainment
Rs 8,040 crore loan given to Mallya in 2004, declared NPA in 2009
Sat, Mar 18, 2017
The loan, granted in September 2004, was reviewed in February 2008, the Minister said.
Mallya says ready to talk to banks for one-time settlement
Fri, Mar 10, 2017
The embattled liquor baron Vijay Mallya on Friday took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default.
Auction fails fourth time for Mallya's Kingfisher house, villa
Mon, Mar 06, 2017
An SBI-led consortium`s attempt to auction properties of industrialist Vijay Mallya in order to recover loans made to his Kingfisher Airlines, failed again on Monday as these had no takers despite around a 10 % cut in their reserve price.
Faulty aircraft engines led to Kingfisher collapse: Vijay Mallya
Fri, Mar 03, 2017
Vijay Mallya, the embattled businessman who is in the UK, today said faulty engines were one of the factors for the collapse of Kingfisher Airlines.
Indian authorities have no grounds to extradite me from Britain,won't come back: Mallya
Thu, Feb 23, 2017
It took India close to 11 months to get the extradition process in motion from the date Mallya left the country on March 2.
India asks UK for Mallya's deportation
Thu, Feb 09, 2017
India has handed over a request for the extradition of liquor baron Vijay Mallya to the British High Commission here, the Ministry of External Affairs on Thursday said.
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.
United Breweries Holding seeks more time for Q3 results after CBI seizes records
Sat, Feb 04, 2017
The company said,"UBHL is not in a position to compile the financial data required for preparation and submission of the financial results and complying with the requirements of filing the unaudited financial results within the prescribed 45 days from the end of the quarter ended December 31, 2016. The circumstances are beyond the control of UBHL."
UPA, NDA treat me like football: Vijay Mallya
Fri, Feb 03, 2017
Former Kingfisher Airlines chief Vijay Mallya on Friday said he was being treated like a "football" between the NDA and the UPA governments without "refrees".
CBI court issues warrant against Vijay Mallya in IDBI loan case
Tue, Jan 31, 2017
CBI court in Mumbai has issured non-bailable warrant against Kingfisher Airlines owner Vijay Mallya on Tuesday in the IDBI Bank loan default case.
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."
Karnataka High Court issues bailable arrest warrant against Vijay Mallya
Fri, Jan 27, 2017
The Karnataka High Court on Friday issued a bailable arrest warrant against Vijay Mallya for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries Limited (UBL) to British spirits company Diageo Plc.
Vijay Mallya plays 'innocence' card, talks of 'witch-hunt'
Fri, Jan 27, 2017
Kingfisher Airlines owner Vijay Mallya has claimed "innocence" in the alleged funds diversion case related to his airline company.
Vijay Mallya's sweetheart deal: Sebi may order payout for small investors
Thu, Jan 26, 2017
Market regulator Sebi is likely to order additional payout to small investors by way of a fresh open offer in loss to minority shareholders of United Spirits promoted by Vijay Mallya and new owner Diageo.
Sebi bars Vijay Mallya from accessing markets; can't hold directorship in any company
Wed, Jan 25, 2017
Securities and Exchange Board of India (Sebi) on Wednesday announced seven names of people including Kingfisher Airlines owner Vijay Mallya who have been restrained from accessing the stock markets on account of fund diversions or improper transactions in the United Spirits Limited (USL).
Kingfisher tycoon Vijay Mallya charged in loan default case: CBI
Tue, Jan 24, 2017
The Central Bureau of Investigation on Tuesday charged Vijay Mallya, the liquor and aviation tycoon, with having misappropriated a 9 billion rupee ($132 million) loan granted by a government-owned bank, a CBI spokesman said.
Mallya loan default case: Ex-IDBI Bank chairman among 8 arrested
Tue, Jan 24, 2017
UB Group issued a statement in Bengaluru confirming the visit of CBI team.
Recover Rs 6200 crore from Vijay Mallya, DRT tells bank consortium
Thu, Jan 19, 2017
In November, CBI had initiated an extradition request to bring him back from Britain through a special court in Mumbai.