Vijay Mallya summoned by court over payment dues

The court has also directed Superintendent of Police Bengalaru to ensure attendance of the accused in court of ACJM here on October 6.

Payment default case: Kingfisher moves HC against PNB notice

KFA moved the Delhi High Court against PNB's notice alleging the carrier has wilfully defaulted in payment of outstanding dues of over Rs 770 crore.

Vijay Mallya may quit UBL board if declared 'wilful defaulter'

SBI, PNB and IDBI may soon initiate the process to declare Kingfisher Airlines and others as wilful defaulters after the firms failed to service their debt.

`Banks initiate process of declaring KFA as wilful defaulter'

Once declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company.

Kingfisher Airlines to pay Rs 14K to flier for loss of luggage

Kingfisher Airlines has been asked by a consumer forum here to pay a compensation of Rs 14,000 to a flier for losing his luggage in transit from Srinagar to Delhi.

Kingfisher stocks down 5%; falls for fourth straight day

Falling for the fourth straight day, shares of Kingfisher Airlines were down about 5 percent as hopes of the ailing company resuming operations faded on Thursday with management failing to persuade striking engineers and pilots to return to work.