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IDBI sanctioned Rs 350 crore loan after Mallya’s holiday meeting with bank’s ex-CMD: ED
January 29, 2017 18:05 ISTIn an important revelation regarding the loan default case, the ED today said that the two initial tranches of loan worth Rs 350 crore were hastily disbursed by IDBI bank to Kingfisher Airlines after a
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Mallya blames UPA govt’s policies for KFA collapse, questions bailout plan for Air India
January 28, 2017 15:01 ISTTroubled liquor tycoon Vijay Mallya today sought to blame the erstwhile Congress-led UPA government’s policies and economic conditions for collapse of Kingfisher Airlines (KFA).
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Another jolt to Vijay Mallya as Karnataka HC orders winding up of Kingfisher Airlines Limited
November 18, 2016 20:42 ISTThe Karnataka High Court today ordered winding up Vijay Mallya’s now-defunct Kingfisher Airlines Limited for non-payment of dues to a UK-based firm.
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Failure of Kingfisher Airlines has now turned into ‘nightmare’: Vijay Mallya
September 30, 2016 7:38 ISTBlaming government’s adverse taxation policies and higher fuel prices for the business failure, beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a ‘nightmare’.
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Former Air India employee held for hacking into airlines website, selling tickets illegally
July 18, 2016 12:59 ISTNew Delhi: Delhi Police Cyber Crime Cell arrested a former employee of Air India under the Economic Offences Wing for hacking the airliners website and illegally selling tickets. The accused, 23-year-old, Anitesh Giri Goswami,
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No legal basis for ED action, govt agencies pursuing a ‘heavily biased investigation,’ says Mallya
June 12, 2016 22:25 ISTNew Delhi: A day after the Enforcement Directorate attached assets worth Rs 1,411 crore of Vijay Mallya and one of his companies, the liquor baron today said there is “no rationale nor any legal basis”
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CBI may file multiple charge sheets against Vijay Mallya; Lenders start valuation of Kingfisher Villa
June 02, 2016 23:31 ISTNew Delhi: Central Bureau of Investigation (CBI) is planning to file multiple charge sheets against former liquor baron Vijay Mallya under its one FIR the cases of his alleged loan default, of now defunct Kingfisher
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UBHL seeks a month's time to file results due to Mallya cases
May 23, 2016 18:05 ISTNew Delhi: UBHL has sought a month's time to file last fiscal's results citing "uncertainties" resulting from ongoing cases against its Chairman Vijay Mallya in the Supreme Court and Debt Recovery Tribunal over the Rs
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Banks willing to settle loans with Mallya but seek government's cover: Report
May 17, 2016 10:32 ISTNew Delhi: In a departure from its earlier stance, the consortium of banks is now willing to settle the loan default with Vijay Mallya-promoted Kingfisher Airlines even with lesser amount provided the government assures that
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No flying good times: Banks find no bidders for Kingfisher’s trademarks at auction
April 30, 2016 17:11 ISTMumbai: An auction of various brands and trademarks of the long-grounded Kingfisher Airlines, including its once-famous tagline ‘Fly The Goodtimes’, failed on Saturday. Lenders are trying to recover their dues from liquor tycoon Vijay Mallya.
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Service Tax deptt moves to recover Rs 535cr dues, Vijay Mallya's aircraft to go under hammer
April 02, 2016 22:42 ISTthe Finance ministry has said that the service tax department will "very shortly" auction liquor baron Vijay Mallya's aircraft to recover dues estimated at nearly Rs 535 crore.
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Lenders to auction 9 logos of Mallya’s Kingfisher to recover dues
March 30, 2016 14:06 ISTNew Delhi/Mumbai: Tightening the noose around the troubled business tycoon Vijay Mallya, bankers have decided to auction 9 logos of Kingfisher to recover an outstanding loan of Rs 9,000 crore. According to a report in
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Kingfisher Airlines owes about Rs 295 cr to Airport Authority of India
March 15, 2016 15:10 ISTDefunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said today.
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“Why only Mallya, target govt’s Air India too for Rs 30,000 cr loss”
March 13, 2016 16:24 IST"Air India has lost about Rs 30,000 crore. Why don't you hold the people who manage it accountable for Air India losses like you hold Vijay Mallya accountable for losses in Kingfisher Airlines?"
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Kingfisher Airlines’ employees write to PM Modi, seeking intervention to recover dues
March 12, 2016 21:24 ISTKingfisher Airlines’ employees write to PM Modi, seeking intervention to recover dues
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In 1990s, Best and Crompton workers addressed Vijay Mallya as 'Non-Performing Asset'
March 10, 2016 19:11 ISTLong before some Indian banks termed Vijay Mallya, the promoter of Kingfisher Airlines, a "wilful defaulter", workers of the city based Best and Crompton Engineering had publicly called him an "NPA" -- non-performing asset.
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An open letter to Vijay Mallya by women employees of Kingfisher Airlines
Life | March 08, 2016 19:09 ISTNew Delhi: He may be in the dock over a spate of unpaid loans totalling a whopping Rs 7,600 crore, but former Director of the now defunct Kingfisher Airlines Vijay Mallya has displayed no sign
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Vijay Mallya: From the 'King of Good Times' to 'poster boy of bad loans'
March 09, 2016 14:29 ISTNew Delhi/Bangalore: Director of the now defunct Kingfisher Airlines Vijay Mallya, recognised for his glamorous business ventures as well as his flamboyant persona, today claims to be fighting a lone battle against the media and
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Employees accuse Vijay Mallya of damaging country's image
March 05, 2016 20:31 ISTNew Delhi: The issue of non-payment of salary to staff of the long-defunct Kingfisher Airlines came back to haunt its chairman Vijay Mallya again with the employees, in an open letter, accusing him of damaging the
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CBI slams state-run banks for not filing complain against Kingfisher
India | March 03, 2016 10:30 ISTMumbai: Central Bureau of Investigation today pulled up state run banks for not registering with the investigating agency any complaint against Vijay Mallya-led Kingfisher Airlines and its earlier management despite the company's default of Rs
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