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KFA

Lenders cut reserve prices of KFA properties for March 6 auction

Lenders cut reserve prices of KFA properties for March 6 auction

The 17-lender consortium to the defunct Kingfisher Airlines (KFA) has once again put on block Kingfisher House in the city and Kingfisher Villa in Goa, with a 10 percent reduction in the reserve prices.

Karnataka HC orders winding up of Vijay Mallya's Kingfisher Airlines Ltd

Karnataka HC orders winding up of Vijay Mallya's Kingfisher Airlines Ltd

In yet another jolt to beleaguered liquor baron Vijay Mallya, the Karnataka High Court on Friday ordered winding up of his now-defunct Kingfisher Airlines Limited for non-payment of dues to a UK-based firm.

Bad time continues for banks; Kingfisher Airlines brands auction fails again

Bad time continues for banks; Kingfisher Airlines brands auction fails again

In a big disappointment for the lenders for the second time, auction of the long-grounded Kingfisher Airlines' (KFA) trademarks and logo turned out to be damp squib once again despite having a lower reserve price.

Not liable to repay Rs 6,000 crore debt due to breach of terms: Kingfisher Airlines

Not liable to repay Rs 6,000 crore debt due to breach of terms: Kingfisher Airlines

The Kingfisher Airlines Limited, a holding company of Vijay Mallya, Monday said it is not liable to repay over Rs 6,000 crore debt to the consortium of banks as the lenders have breached terms and conditions of Master Debt Restructuring Agreement between both parties, which caused needless damages to the firm's business.

Why the witch hunt, come to London to interview me: Vijay Mallya to Indian authorities

Why the witch hunt, come to London to interview me: Vijay Mallya to Indian authorities

The UB Group chairman, who is being chased in connection with an alleged debt of around USD 1.4-billion linked to the collapsed Kingfisher Airlines, has been based in the UK since March this year.

Court to hear chaque bounce case against Vijay Mallya on August 6

Court to hear chaque bounce case against Vijay Mallya on August 6

A Delhi court Sunday fixed August 6 for hearing a cheque bounce case against liquor baron Vijay Mallya by Delhi International Airport Ltd (DIAL).

Vijay Mallya to make rare public appearance today–Know where

Vijay Mallya to make rare public appearance today–Know where

Troubled Indian businessman Vijay Mallya is set to make a rare public appearance in the United Kingdom.

Enforcement Directorate requests Interpol to issue red corner notice against Vijay Mallya

Enforcement Directorate requests Interpol to issue red corner notice against Vijay Mallya

The ED is also mulling attaching domestic assets and shares worth about Rs 9,000 crore owned by Mallya in connection with its money laundering probe against him

Will recover complete due fro Mallya, Say's IDBI bank's MD

Will recover complete due fro Mallya, Say's IDBI bank's MD.

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IDBI loan case: KFA counters ED's charges against Vijay Mallya in court

IDBI loan case: KFA counters ED's charges against Vijay Mallya in court

Kingfisher Airlines on Monday moved an application in the special PMLA court here terming as "false and incorrect" Enforcement Directorate's charges against its owner Vijay Mallya that he had siphoned off Rs 430 crore of the IDBI loan and used this money to acquire property abroad.

Big blow to Vijay Mallya; government suspends his passport on ED's request

Big blow to Vijay Mallya; government suspends his passport on ED's request

In what could give a big blow to liquor baron Vijay Mallya, his passport was on Friday suspended on the request of Enforcement Directorate (ED).

Kingfisher Airlines loan case: CBI to send Letters Rogatory to the US, UK, France

Kingfisher Airlines loan case: CBI to send Letters Rogatory to the US, UK, France

The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.

SC orders Mallya to notify detail of full property up to 21 April

SC orders Mallya to notify detail of full property up to 21 April

SC orders Mallya to notify detail of full property up to 21 April. Watch First Trade and stay updated with the latest news and updates of share market and stock exchange.

Vijay Mallya has retweeted something! What angle do you see in it?

Vijay Mallya has retweeted something! What angle do you see in it?

Beleaguered businessman Vijay Mallya has been retweeting a lot lately –from birthday messages, to matches, to parties –you will see a lot of things being retweeted.

Pay dues honourably or face coercive action: FM to Mallya

Pay dues honourably or face coercive action: FM to Mallya

In a stern warning to wilful defaulters like Vijay Mallya, Finance Minister Arun Jaitley said they should settle their dues honourably with the banks or else be ready to face "coercive action" by lenders and investigative agencies.

Kingfisher Airlines' brand valuation under SFIO scanner

Kingfisher Airlines' brand valuation under SFIO scanner

Under fire from multiple agencies, Vijay Mallya's Kingfisher Airlines now faces a probe by the Serious Fraud Investigation Office (SFIO) into its allegedly 'inflated' brand valuation of over Rs 4,000 crore.

Kingfisher Airlines valuation under scanner; SFIO probes discrepancy

Kingfisher Airlines valuation under scanner; SFIO probes discrepancy

The agency had also sent a notice to Grant Thornton seeking clarification on valuation.

CBI to seek details of Vijay Mallya's properties and investments abroad

CBI to seek details of Vijay Mallya's properties and investments abroad

This is a part of investigation into allegations that he diverted funds raised from Govt banks for Kingfisher Airlines.

Vijay Mallya should come back, settle disputes with banks, says KFA's Ex-ED

Vijay Mallya should come back, settle disputes with banks, says KFA's Ex-ED

Ex- Executive Director of Kingfisher Airlines (KFA), Parvez Damania, said that Mallya wasn’t absconding but had gone through legal immigration.

 

Vijay Mallya: Out of India, his official account retweets 'now is a good time to get ready for the game'

Vijay Mallya: Out of India, his official account retweets 'now is a good time to get ready for the game'

Liquor baron Vijay Mallya has left the country, now reportedly in London, but it seems he is very active on Twitter.