close
This ad will auto close in 10 seconds

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.

Vijay Mallya files plea for recalling contempt order

Vijay Mallya files plea for recalling contempt order

Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries to Diageo Plc.

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors and Kingfisher Airlines are among the four companies that owe over Rs 1,000 crore in indirect taxes to the exchequer, Parliament was informed on Friday.

Supreme Court to hear detailed affidavit on Vijay Mallya assets today

Supreme Court to hear detailed affidavit on Vijay Mallya assets today

The Supreme Court will hear the detailed affidavit about the assets of liquor baron Vijay Mallya on Thursday.

After Theresa May-Narendra Modi talks, is extradition of Vijay Mallya at hand?

After Theresa May-Narendra Modi talks, is extradition of Vijay Mallya at hand?

India expects early extradition of industrialist Vijay Mallya from the UK to face probe in the money laundering case against him after the two countries on Monday agreed not to allow fugitives and criminals escape law and resolved to facilitate outstanding extradition requests.

Supreme Court asks Vijay Mallya to give complete details of his foreign assets in 4 weeks

Supreme Court asks Vijay Mallya to give complete details of his foreign assets in 4 weeks

The court also told Mallya to disclose what he did with USD 40 million he had received from Diageo.

 

SC to hear banks' plea against Vijay Mallya today

SC to hear banks' plea against Vijay Mallya today

The Supreme Court on Tuesday will hear the plea filed by SBI-led consortium of banks against beleaguered businessman Vijay Mallya for recovery of more than Rs 6,000 crore from him.

Vijay Mallya case: Debt Recovery Tribunal raps banks for casual approach

Vijay Mallya case: Debt Recovery Tribunal raps banks for casual approach

Terming GoAir and Indigo as "innocent" third parties, the Debt Recovery Tribunal has rapped banks for filing interim applications in a "casual and routine manner" to make them party to the Vijay Mallya case.

Vijay Mallya case: Karnataka HC summons beleaguered liquor baron to appear on November 24

Vijay Mallya case: Karnataka HC summons beleaguered liquor baron to appear on November 24

In a case involved with alleged violation of an undertaking given by beleaguered liquor baron Vijay Mallya, Karnataka High Court summoned him on Thursday. Mallya and his companies had earlier provided an undertaking to not transfer their equity shares in United Breweries to Diageo Plc.

Vijay Mallya's Goa Kingfisher Villa auction fails to get bidder

Vijay Mallya's Goa Kingfisher Villa auction fails to get bidder

The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.

 Vijay Mallya bets on judiciary for relief from criminal cases

Vijay Mallya bets on judiciary for relief from criminal cases

A defiant liquor baron Vijaya Mallya on Thursday asserted that he would get judicial relief soon from criminal charges filed against him by a consortium of banks for defaulting on loans his defunct airline raised.
 

'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya

'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya

Beleaguered liquor baron Vijay Mallya on Thursday said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.

Vijay Mallya made UBHL Principal Officer, monitoring ops from London

Vijay Mallya made UBHL Principal Officer, monitoring ops from London

 Embattled tycoon Vijay Mallya, who is in London avoiding court summons here, has been made Principal Officer of United Breweries (Holdings) Ltd (UBHL) in the absence of a Managing Director and is 'monitoring' the operations of the company from the UK.

Loan default case: SC to hear banks' plea against Vijay Mallya today

Loan default case: SC to hear banks' plea against Vijay Mallya today

The Supreme Court on Tuesday will hear the plea of the State Bank of India-led consortium of 17 banks against liquor baron and Kingfisher chairman Vijay Mallya for bringing him back to India in connection with a loan defaulting case.

 

Vijay Mallya's plane: HC paves way for fresh auction

Vijay Mallya's plane: HC paves way for fresh auction

The Bombay High Court on Monday allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.

Mallya cheque bounce cases: Court sends Kingfisher official Raghunathan to 18-month jail

Mallya cheque bounce cases: Court sends Kingfisher official Raghunathan to 18-month jail

A local Hyderabad court on Thursday sentenced Kingfisher official A Raghunathan to 18-month imprisonment in cheque bounce cases involving Vijay Mallya.

 

Lenders likely to auction Mallya's Kingfisher Villa next month

Lenders likely to auction Mallya's Kingfisher Villa next month

After multiple failed attempts to sell assets of Kingfisher Airlines (KFA), lenders are likely to auction the long-defunct carrier's prime property in Goa, Kingfisher Villa, next month at a reserve price of Rs 85 crore.

Vijay Mallya cheque bounce cases posted to September 20

Vijay Mallya cheque bounce cases posted to September 20

 A court here today posted to September 20 the two cheque bounce cases filed against businessman Vijay Mallya by GMR Hyderabad International Airport Ltd.

SC asks banks to respond to Vijay Mallya's plea against contempt notice

SC asks banks to respond to Vijay Mallya's plea against contempt notice

Giving ten days time to the SBI to file its response, the bench of Justice Kurian Joseph and Justice Rohinton Fali Nariman gave Mallya a week`s time to file his rejoinder as it directed the hearing of the matter on September 27, 2016.

SFIO widens Vijay Mallya probe; former top bankers under scanner

SFIO widens Vijay Mallya probe; former top bankers under scanner

Widening its probe into the financial irregularities at erstwhile Kingfisher Airlines, SFIO has started examining former chiefs of various banks, including public sector lenders, for having extended fresh loans allegedly without full due-diligence amid ballooning losses at the Vijay Mallya-owned carrier.