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`Banks initiate process of declaring KFA as wilful defaulter'

Last Updated: Thursday, July 24, 2014, 16:42

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

United Bank to 'name and shame' wilful defaulters: Narang

Last Updated: Friday, July 18, 2014, 14:02

State-owned United Bank of India will soon embark upon process to 'name and shame' its wilful defaulters as part of its effort to recover dues.

Kingfisher Airlines is the nation's biggest defaulter: Report

Last Updated: Thursday, July 17, 2014, 14:02

Kingfisher Airlines has emerged as the country's biggest defaulter as per a report published Thursday by a leading English daily.

KFA dues: Service Tax Dept seeks its share from banks' pie

Last Updated: Tuesday, July 15, 2014, 20:06

Unable to recover over Rs 50 crore dues from Kingfisher Airlines, the services tax department has moved courts to get a share from sale of securities being undertaken by lenders.

UBI asks Mallya, Kingfisher directors to appear on July 9

Last Updated: Sunday, June 29, 2014, 11:11

UBI was the first among other banks in the country to take such a stern step against the grounded airline.

UBI slaps petition against Kingfisher Airlines

Last Updated: Thursday, May 29, 2014, 18:08

City-based United Bank of India (UBI) has filed a winding up petition against Kingfisher Airlines for failing to retire loans amounting to Rs 336 crore.

Kingfisher logs rising Q1 sales

Last Updated: Thursday, May 29, 2014, 15:11

Kingfisher owns French home-improvement chains Castorama and Brico Depot as well as B&Q in Britain.

United Breweries Q4 Net surges over 11-fold to Rs 68 crore

Last Updated: Wednesday, May 28, 2014, 15:45

The company's net sales rose to Rs 973.9 crore for the fourth quarter as compared to Rs 931.92 crore in the same period of previous fiscal, United Breweries Ltd said in a filing to the BSE

Oneworld open to taking Indian carrier onboard

Last Updated: Sunday, May 04, 2014, 13:23

Global airlines grouping Oneworld has said it is open to taking on board an Indian carrier provided it complements other members and has high service standards like Kingfisher Airlines, which has now been grounded due to financial troubles.

Process of recovery of dues from Kingfisher on: SBI chief

Last Updated: Saturday, April 26, 2014, 18:48

Asked how much the bank has recovered from the sale of Kingfisher Airlines' shares, she said, "Nothing very much. I think the recovery is in the range of Rs 350 to Rs 400 crore."

Pay outstanding salaries to pilots: HC to Kingfisher

Last Updated: Sunday, April 20, 2014, 10:40

The Delhi High Court has directed the grounded Kingfisher Airlines to pay the outstanding salaries of three of its ex-pilots who had moved the court over non-payment of salaries.

Nine Kingfisher trademarks put up for sale

Last Updated: Monday, April 07, 2014, 22:32

Kingfisher lenders Monday put on block nine trademarks of the grounded carrier to recover dues running into crores of rupees.