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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.

Vijay Mallya loan default case: CBI court to announce order today

Vijay Mallya loan default case: CBI court to announce order today

This is a case where IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.

 

Vijay Mallya was not given a 'rupee benefit' under Modi govt: Arun Jaitley

Vijay Mallya was not given a 'rupee benefit' under Modi govt: Arun Jaitley

Insisting that Vijay Mallya was not given even "a rupee benefit" under the Modi government, Finance Minister Arun Jaitley today said loans were reportedly given to the businessman during the previous UPA rule through intervention of the North Block, a reference to the Finance Ministry.

Mallya loan default case: CBI court to announce order on February 10

Mallya loan default case: CBI court to announce order on February 10

This is a case were IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.

Media used as pitch, I am the football: Vijay Mallya

Media used as pitch, I am the football: Vijay Mallya

Absconding liquor baron Vijay Mallya on Friday tweeted that the media is happily being used as the pitch and he is the Football.

Vijay Mallya exposé: Did UPA era bureaucrat liason for Mallya with banks?

Vijay Mallya exposé: Did UPA era bureaucrat liason for Mallya with banks?

Newer claims have emerged about absconding liquor baron Vijay Mallya receiving undue favours from the Manmohan Singh-led UPA government .

Service Tax Dept to auction Vijay Mallya's aircraft on March 15-16

Service Tax Dept to auction Vijay Mallya's aircraft on March 15-16

The Service Tax Department will auction liquor baron Vijay Mallya-led now-defunct Kingfisher Airlines' corporate jet in March to recover dues of Rs 535 crore.

Vijay Mallya-IDBI bank CMD holiday meeting led to hasty sanction of Rs 350 crore loan: ED

Vijay Mallya-IDBI bank CMD holiday meeting led to hasty sanction of Rs 350 crore loan: ED

Two initial tranches of loan worth Rs 350 crore were hastily disbursed by IDBI bank to Kingfisher Airlines after a "holiday" meeting between liquor baron Vijay Mallya and the then bank CMD as both organisations "criminally conspired" to clear the entire deal despite weak financials of the airline, the ED has said.

Vijay Mallya demands proof from SEBI, CBI over fraud charges

Vijay Mallya demands proof from SEBI, CBI over fraud charges

Continuing to play the victim card, chairperson of defunct Kingfisher Airlines, Vijay Mallya on Saturday demanded evidence from the Central Bureau of Investigation (CBI) and Security Exchange Board of India (SEBI) so as to justify the fraud charges they have levelled against him.

Karnataka High Court issues bailable warrant against Vijay Mallya

Karnataka High Court issues bailable warrant against Vijay Mallya

The Karnataka High Court on Friday issued a bailable warrant against liquor baron Vijay Mallya for contempt of court.

Media convicted me guilty without trial with widespread influence: Vijay Mallya

Media convicted me guilty without trial with widespread influence: Vijay Mallya

SEBI barred Mallya from the stock market for fraudulently diverting about Rs. 1,881 crore from USL to various other entities within the UB Group.

Used to these witch hunts with no legal basis: Mallya after barred by SEBI

Used to these witch hunts with no legal basis: Mallya after barred by SEBI

Liquor baron Vijay Mallya on Thursday rubbished the SEBI`s allegations of indulging in fraudulent activities and said that he is getting used to these witch hunts coming from all directions with no legal basis whatsoever.

Sebi bars Vijay Mallya, 6 others from securities market

Sebi bars Vijay Mallya, 6 others from securities market

Markets regulator Sebi on Wednesday barred Vijay Mallya, six others from the securities market in the United Spirits matter.

Kingfisher Airlines diverted Rs 263 cr from Rs 900 cr IDBI loan for personal use

Kingfisher Airlines diverted Rs 263 cr from Rs 900 cr IDBI loan for personal use

Kingfisher Airlines allegedly diverted Rs 263 crore from Rs 900 crore IDBI loan for "personal use", CBI today said in its charge sheet filed in a special court in Mumbai.

Vijay Mallya loan case: CBI arrests eight officials of Kingfisher Airlines and IDBI Bank

Vijay Mallya loan case: CBI arrests eight officials of Kingfisher Airlines and IDBI Bank

The CBI on Monday four former executives of IDBI Bank including a former chairman of the bank in the alleged money laundering case involving beleaguered businessman Vijay Mallya.

Vijay Mallya Case: DRT reserves order on banks plea for dues recovery

Vijay Mallya Case: DRT reserves order on banks plea for dues recovery

The Debt Recovery Tribunal here has reserved its order on the pleas of SBI-led consortium of banks for recovery of over Rs 9,000 crore from beleaguered liquor baron Vijay Mallya in the Kingfisher Airlines case.

VIJAY MALLYA – India's runaway corporate honcho

VIJAY MALLYA – India's runaway corporate honcho

In early March, liquor baron Vijay Mallya, facing probe amid continuing efforts by banks to recover dues totalling over Rs 9,000 crore of unpaid loans and interest from him, managed to leave the country in spite of a look-out notice against him by CBI.

Consortium of banks to again auction Kingfisher House,Villa at lower reserve prices this week

Consortium of banks to again auction Kingfisher House,Villa at lower reserve prices this week

A consortium of 17-banks will once again be auctioning plush properties of beleaguered liquor baron Vijay Mallya - Kingfisher House in the city and Kingfisher Villa in north Goa - this week at lower reserve prices compared to the previous 3 auctions. 

Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

Lenders cut Kingfisher Villa auction price by 5%; auction scheduled on December 22

The plush sea-facing Kingfisher Villa at Condolim in north Goa will once again be put up for auction on December 22 as decided by the lenders to the now defunct Kingfisher Airlines.

Kingfisher House goes on sale 3rd time, reserve price down 15%

The 17-lender consortium to the defunct Kingfisher Airlines has again put on sale its erstwhile headquarters, Kingfisher House, but with a 15 per cent reduction in the reserve price.