Grounded Kingfisher Airlines
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What Fugitive Tycoon Vijay Mallya Said On Election In Karnataka
Vijay Mallya, the fugitive billionaire wanted in India for defaulting on loan worth crores, said today that it is his democratic right to vote in Karnataka but he "cannot travel". The liquor baron was at a UK court today for the hearing on India's request for his extradition. He has argued against being dispatched to India on grounds that the jails...
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Vijay Mallya Trial To Hear Evidence From Political Expert
Vijay Mallya's extradition trial is set to hear more expert witness statements today as the fugitive liquor tycoon's defence seeks to establish that there are no grounds to force him to return to India to face allegations of fraud over his now-defunct Kingfisher Airlines.
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Vijay Mallya Could Fight Extradition On Political Grounds, Says Experts
Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, is likely to challenge his extradition to India from the UK on the grounds that the charges against him are politically motivated, a legal expert said today.
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Cheque Bounce Case: Second Non-Bailable Warrant Issued Against Vijay Mallya
A Delhi court issued a fresh non-bailable warrant (NBW), the second one today, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.
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Cheque Bounce Case: Second Non-Bailable Warrant Issued Against Vijay Mallya
A Delhi court issued a fresh non-bailable warrant (NBW), the second one, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.
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Kingfisher House Auction Fails Again As No Bidder Turns Up
The auction of Kingfisher House proved a damp squib yet again today as no bidder turned up for the erstwhile headquarters of Vijay Mallya-led group's long- grounded airline at a reduced reserve price of Rs 135 crore.
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Mallya Says 'No Legal Basis' For Enforcement Directorate Action
Exiled tycoon Vijay Mallya said on Sunday that government authorities trying to recover about $1.4 billion from his collapsed Kingfisher Airlines had no legal grounds for sequestering certain assets in a money laundering case.
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Lenders Begin Process To Take Over Vijay Mallya's Kingfisher Villa
Lenders to the grounded Kingfisher Airlines on Friday started the process to take physical possession of Kingfisher Villa, which was pledged by beleaguered businessman Vijay Mallya to the bankers as collateral for over Rs 7,800-crore loan.
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Vijay Mallya Brought 'Terrible Name' To India Inc: Arun Jaitley
Union Finance Minister Arun Jaitley on Monday said the behaviour of liquor baron Vijay Mallya, the chairman of grounded Kingfisher Airlines and who has defaulted on Rs 9,000 crore repayment to 17 banks, has brought the private sector entrepreneurs in India a "terrible name."
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Vijay Mallya Left Country On March 2, Government Tells Supreme Court
A group of 17 banks had petitioned the Supreme Court to stop Mr Mallya from leaving India because of the massive debt that his grounded Kingfisher Airlines owes them.
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Airlines Owe Rs 3,030 Crore to Airports Authority
The grounded Kingfisher Airlines owe Rs 294.57 crore, including interest. As on December 31, 2015, SpiceJet and GoAir have to pay Rs 78.87 crore and Rs 50.89 crore, respectively, Sharma said.
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Vijay Mallya's USL Exit: Kingfisher Airlines Lenders to Move Debt Recovery Tribunal
A consortium of 17 lenders to the long grounded Kingfisher Airlines has decided to move the Debt Recovery Tribunal (DRT) against the airline's chairman Vijay Mallya to stake claim on the $75 million (Rs 515 crore) severance package he will be getting for quitting United Spirits Ltd (USL).
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Vijay Mallya in Talks With Banks to Clear Kingfisher Dues
The debt-ridden airline was grounded on October 1, 2012 when it cancelled all 50 flights after a section of employees went on a flash strike, leaving thousands of passengers stranded. It lost operator's licence on October 20, 2012.
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Lenders to Grounded Kingfisher Airlines to Auction Some Assets
Lenders who are owed more than $1 billion by grounded carrier Kingfisher Airlines Ltd are putting up for sale some of its assets including cars and forklifts.
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Kingfisher Airlines Company Secretary Leaves
Grounded Kingfisher Airlines on Tuesday said Bharath Raghavan has ceased to be its company secretary and compliance officer from July 31.
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What Fugitive Tycoon Vijay Mallya Said On Election In Karnataka
Vijay Mallya, the fugitive billionaire wanted in India for defaulting on loan worth crores, said today that it is his democratic right to vote in Karnataka but he "cannot travel". The liquor baron was at a UK court today for the hearing on India's request for his extradition. He has argued against being dispatched to India on grounds that the jails...
-
Vijay Mallya Trial To Hear Evidence From Political Expert
Vijay Mallya's extradition trial is set to hear more expert witness statements today as the fugitive liquor tycoon's defence seeks to establish that there are no grounds to force him to return to India to face allegations of fraud over his now-defunct Kingfisher Airlines.
-
Vijay Mallya Could Fight Extradition On Political Grounds, Says Experts
Indian tycoon Vijay Mallya, who has been declared a proclaimed offender, is likely to challenge his extradition to India from the UK on the grounds that the charges against him are politically motivated, a legal expert said today.
-
Cheque Bounce Case: Second Non-Bailable Warrant Issued Against Vijay Mallya
A Delhi court issued a fresh non-bailable warrant (NBW), the second one today, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.
-
Cheque Bounce Case: Second Non-Bailable Warrant Issued Against Vijay Mallya
A Delhi court issued a fresh non-bailable warrant (NBW), the second one, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.
-
Kingfisher House Auction Fails Again As No Bidder Turns Up
The auction of Kingfisher House proved a damp squib yet again today as no bidder turned up for the erstwhile headquarters of Vijay Mallya-led group's long- grounded airline at a reduced reserve price of Rs 135 crore.
-
Mallya Says 'No Legal Basis' For Enforcement Directorate Action
Exiled tycoon Vijay Mallya said on Sunday that government authorities trying to recover about $1.4 billion from his collapsed Kingfisher Airlines had no legal grounds for sequestering certain assets in a money laundering case.
-
Lenders Begin Process To Take Over Vijay Mallya's Kingfisher Villa
Lenders to the grounded Kingfisher Airlines on Friday started the process to take physical possession of Kingfisher Villa, which was pledged by beleaguered businessman Vijay Mallya to the bankers as collateral for over Rs 7,800-crore loan.
-
Vijay Mallya Brought 'Terrible Name' To India Inc: Arun Jaitley
Union Finance Minister Arun Jaitley on Monday said the behaviour of liquor baron Vijay Mallya, the chairman of grounded Kingfisher Airlines and who has defaulted on Rs 9,000 crore repayment to 17 banks, has brought the private sector entrepreneurs in India a "terrible name."
-
Vijay Mallya Left Country On March 2, Government Tells Supreme Court
A group of 17 banks had petitioned the Supreme Court to stop Mr Mallya from leaving India because of the massive debt that his grounded Kingfisher Airlines owes them.
-
Airlines Owe Rs 3,030 Crore to Airports Authority
The grounded Kingfisher Airlines owe Rs 294.57 crore, including interest. As on December 31, 2015, SpiceJet and GoAir have to pay Rs 78.87 crore and Rs 50.89 crore, respectively, Sharma said.
-
Vijay Mallya's USL Exit: Kingfisher Airlines Lenders to Move Debt Recovery Tribunal
A consortium of 17 lenders to the long grounded Kingfisher Airlines has decided to move the Debt Recovery Tribunal (DRT) against the airline's chairman Vijay Mallya to stake claim on the $75 million (Rs 515 crore) severance package he will be getting for quitting United Spirits Ltd (USL).
-
Vijay Mallya in Talks With Banks to Clear Kingfisher Dues
The debt-ridden airline was grounded on October 1, 2012 when it cancelled all 50 flights after a section of employees went on a flash strike, leaving thousands of passengers stranded. It lost operator's licence on October 20, 2012.
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Lenders to Grounded Kingfisher Airlines to Auction Some Assets
Lenders who are owed more than $1 billion by grounded carrier Kingfisher Airlines Ltd are putting up for sale some of its assets including cars and forklifts.
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Kingfisher Airlines Company Secretary Leaves
Grounded Kingfisher Airlines on Tuesday said Bharath Raghavan has ceased to be its company secretary and compliance officer from July 31.
