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Kingfisher Airlines News
Banks to again auction Kingfisher House,Villa at lower prices this week
Sun, Dec 18, 2016
Two plush properties belonging to troubled businessman Vijay Mallya, Kingfisher House in the city and Kingfisher Villa in north Goa, will be re-auctioned this week by the 17-lender consortium at lower reserve prices compared to the failed previous three auctions.
Rs 1376 crore of UB Holding assets attached in Mallya's money laundering case
Fri, Dec 09, 2016
UB Holdings said, "It is in consultation with its legal counsels for filing an appeal against the said order of the adjucating authority and to take appropriate steps that may be required in this regard. "
Vijay Mallya files plea in Karnataka HC for recalling contempt order
Sat, Nov 26, 2016
Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court (HC) for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
Kingfisher House to go on auction for 3rd time on Dec 19, reserve price at Rs 115 crore
Sat, Nov 26, 2016
The 17-lender consortium to the defunct Kingfisher Airlines has again put on sale its erstwhile headquarters, Kingfisher House, but with a 15% reduction in the reserve price.
Tata Motors, Kingfisher owe over Rs 1000 crore each in indirect tax
Fri, Nov 25, 2016
Vijay Mallya-promoted Kingfisher Airlines, now defunct, owes Rs 1,012.96 crore in service tax and penalty.
Karnataka High Court asks Vijay Mallya to appear on Nov 24
Fri, Oct 21, 2016
The Karnataka High Court on Thursday summoned beleaguered liquor baron Vijay Mallya to appear before it on November 24 for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.
'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya
Thu, Sep 29, 2016
Beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.
Former Kingfisher Airlines CFO A Raghunathan gets 18-month jail in cheque bounce cases
Thu, Sep 22, 2016
Former chief financial officer (CFO) of the grounded carrier Kingfisher Airlines, A Raghunathan, was on Thursday sentenced to 18-month imprisonment by a court in Hyderabad in connection with two cheque bounce cases filed against him and businessman Vijay Mallya by GMR Hyderabad International Airp
Vijay Mallya flew away just like 'Kingfisher' bird: Bombay HC
Mon, Sep 19, 2016
The Bombay High Court on Monday observed that businessman Vijay Mallya aptly named his company 'Kingfisher', as like the bird of the same name he too flew away without bothering about boundaries.
Mallya desires of returning India after summoning notice against him
Fri, Sep 09, 2016
Mallya desires of returning India after summoning notice against him. Watch complete news story of News @ 5:00 PM for getting detailed updates!
ED attaches Vijay Mallya's assets worth Rs 6,630 crore in bank loan default case
Sat, Sep 03, 2016
The Enforcement Directorate (ED) on Saturday issued its second attachment order for assets worth Rs 6,630 crore against beleaguered businessman Vijay Mallya as it seized his farmhouse, flats and fixed deposits (FDs) in connection with its money laundering case against him and his associates.
Jet Airways launches in-flight video streaming service
Sat, Sep 03, 2016
Jet Airways on Friday launched an in-flight entertainment service under the 'JetScreen' label that allows fliers to stream 220 hours of digital content on smartphones, tablets or laptops for free.
SC asks banks to respond to Mallya's plea against contempt notice
Mon, Aug 29, 2016
The Supreme Court on Monday asked the consortium of banks led by the State Bank of India to respond to beleaguered liquor baron Vijay Mallya`s plea seeking the recall of the notice of contempt for allegedly not making full disclosure of all the assets owned by him and his family as directed by th
Vijay Mallya case: Serious frauds office starts investigating top PSB bankers
Mon, Aug 29, 2016
The Serious Fraud Investigations Office (SFIO), the government agency that investigates white collar crimes, has widened its search to include bankers and former heads of public sector banks.
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.
Non-bailable warrants issued against Vijay Mallya in cheque bounce case
Sat, Aug 06, 2016
The Delhi Court issued non-bailable warrants after three cheques, each of Rs 7.5 crore, issued by the airline bounced.
Here's how you can participate in e-auction of Vijay Mallya's eight cars
Mon, Jul 25, 2016
The last day for registering a bidding spot is August 23. There's a registration charge of Rs 2,000.
Bank Unions threatens to disclose names of 7000 willful defaulters
Mon, Jul 18, 2016
Finance Ministry is planning to merge other public sector banks to reduce their number to 10.
Supreme Court to hear banks plea against Vijay Mallya on July 18
Thu, Jul 14, 2016
The Supreme Court (SC) said on Thursday that it would hear the contempt petition filed by a consortium of banks against businessman Vijay Mallya on July 18.
Did United Spirits just accept Mallya's wrongdoing?
Sun, Jul 10, 2016
Beleagured liqour-barron Vijay Mallya has time and again said that he is being unfairly targetted. He fled India fearing an unfair trial because of the media campaign to tarnish his image. He constantly pleads not-guilty on social media.