No risk to us via Kingfisher Airlines loan: SREI
Mar 18, 2013
Thursday July 24, 2014
The government on Thursday said some banks have initiated the process of declaring debt-ridden Kingfisher Airlines as a wilful defaulter.
Wednesday July 23, 2014
The bank proposes to issue 8.45 crore shares to LIC at a price of Rs 35.50 per share.
Monday July 21, 2014
Cases have been filed in the Bombay High Court against Kingfisher which has shut operations, Minister of State for Civil Aviation G M Siddeshwara said in reply to a question in the Lok Sabha.
Monday July 21, 2014
Vijay Mallya-led Kingfisher Airlines on Monday withdrew its appeal in the Supreme Court seeking to restrain the SBI-led consortium of 17 banks from taking over possession of the 'Kingfisher House' in Mumbai.
Friday July 18, 2014
United Bank of India will soon embark upon a process to 'name and shame' its willful defaulters as part of its effort to recover dues.
Tuesday July 15, 2014
Unable to recover over Rs 50 crore dues from Kingfisher Airlines, the services tax department has moved courts to get a share from sale of securities being undertaken by lenders.
Sunday June 29, 2014
The bank had earlier sent a notice to Mr Mallya and he was given 15 days' time to give a reply. Subsequently Mr Mallya requested that he had something to say in this regard.
Tuesday June 24, 2014
SpiceJet shares traded with over 10 per cent gains, while Jet Airways jumped 6.6 per cent. Grounded Kingfisher Airlines also traded 5 per cent higher.
Friday June 20, 2014
United Bank of India (UBI) will ask Vijay Mallya, chairman of the grounded Kingfisher Airlines, to appear before an internal committee to defend himself before the lender declares him a wilful defaulter.
Friday May 23, 2014
The source said that as per RBI guidelines, it would have to be proven that the borrower had diverted funds which he taken from the bank and not paying up despite having the ability to pay.
India | Press Trust of India | Saturday April 26, 2014
State Bank of India (SBI) chairperson Arundhati Bhattacharya today said the process of recovery of dues from Vijay Mallya-promoted Kingfisher Airlines is going on, "but there are legal challenges."
Saturday April 26, 2014
State Bank of India Chairperson Arundhati Bhattacharya today said the process of recovery of dues from Vijay Mallya-promoted Kingfisher Airlines is going on, "but there are legal challenges."
India | Indo-Asian News Service | Saturday April 19, 2014
The Delhi High Court has directed the grounded Kingfisher Airlines to pay the outstanding salaries of three of its ex-pilots who had moved the court over non-payment of salaries.
Tuesday April 15, 2014
Diageo intends to keep United Spirits listed in India even if its offer is successful. The new offer will be launched in June, the statement said.
Monday April 7, 2014
The trademarks put on the block include Fly Kingfisher and Fly Kingfisher (Label), both registered with KFA and each having a validity of up to January 10, 2017. Flying Models registered with United Breweries (airline promoter) and valid up to August...
Tuesday March 25, 2014
The bank expects more to come from the ongoing recovery process of the consortium, he said.
Wednesday February 19, 2014
The IGR directed the Department of Revenue (DR), Gandhinagar for assessment of the same in April 2010, the report said. In his assessment,the department arrived at stamp duty payable at Rs 48.33 lakh and conveyed it to the court and the IGR in May 20...
Monday February 17, 2014
Shares of Kingfisher Airlines today fell by nearly 5 per cent amid reports saying its chief executive officer Sanjay Aggarwal has resigned.
Soumitra Bose | Saturday February 15, 2014
In the IPL player auction held in Bangalore this week, Royal Challengers Bangalore, owned by Vijay Mallya, spent a record Rs 14 crore to buy Indian star Yuvraj Singh. Mallya's Kingfisher Airlines employees have not been paid their dues for 18 months.
Wednesday February 12, 2014
United Breweries Holdings on Wednesday reported a net loss of Rs 3.55 crore for the third quarter that ended in December 2013.