close
This ad will auto close in 10 seconds
Banks to auction Kingfisher Airlines brands again on Thursday at lower price

Banks to auction Kingfisher Airlines brands again on Thursday at lower price

In their second attempt at recovering a part of the dues of over Rs 9,000 crore from now defunct Kingfisher Airlines, lenders will re-auction the airlines' trademarks, including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on Thursday, but at a lower reserve price of Rs 330.03 crore.

Service Tax Dept may go for reauction of Vijay Mallya's jet

Service Tax Dept may go for reauction of Vijay Mallya's jet

The Service Tax Department may go for another round of bidding for luxury jet of embattled businessman Vijay Mallya as the highest bid received during the auction here was a measly Rs 27 crore against the reserve price of Rs 152 crore.

Vijay Mallya PMLA case: ED expands probe, to add fresh charges

Vijay Mallya PMLA case: ED expands probe, to add fresh charges

The Enforcement Directorate (ED) has expanded the ambit of its money laundering probe against beleaguered businessman Vijay Mallya and will now investigate the alleged default of loans to the tune of Rs 6,027 crore availed from a consortium of nationalised banks, a case taken over by CBI recently.

Fresh trouble brews for Vijay Mallya; CBI registers cheating case

Fresh trouble brews for Vijay Mallya; CBI registers cheating case

CBI has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore by not keeping commitments to repay loans taken for his now-defunct Kingfisher Airlines.

 CBI files FIR against Vijay Mallya  in SBI loan default case

CBI files FIR against Vijay Mallya in SBI loan default case

In the latest, CBI has filed FIR against Vijay Mallya in SBI loan default case.

Vijay Mallya PMLA case: ED to attach assets worth Rs 6,000 crore

Vijay Mallya PMLA case: ED to attach assets worth Rs 6,000 crore

Enforcement Directorate has identified assets worth over Rs 6,000 crore which it plans to attach as part of its fresh action against liquor baron Vijay Mallya in connection with a money laundering probe against him and others in an alleged bank loan fraud case.

Delhi court issues non-bailable warrants against Vijay Mallya in cheque bounce case

Delhi court issues non-bailable warrants against Vijay Mallya in cheque bounce case

Court has asked Mallya to be present in the court on November 4.

Kingfisher House auction fails again; no bidder turns up

Kingfisher House auction fails again; no bidder turns up

The auction of Kingfisher House proved a damp squib yet again Thursday as no bidder turned up for the erstwhile headquarters of Vijay Mallya-led group's long- grounded airline at a reduced reserve price of Rs 135 crore.

Mallya cheque-bouncing case posted to September 2

Mallya cheque-bouncing case posted to September 2

A court here on Thursday posted to September 2, the two cheque bounce cases filed against beleaguered businessman Vijay Mallya by GMR Hyderabad International Airport Ltd.

Bidders remain elusive for Kingfisher House; auction may fail

Bidders remain elusive for Kingfisher House; auction may fail

The proposed auction of Kingfisher House, the erstwhile headquarters of Vijay Mallya-led group's long-grounded airline, may prove to be a damp squib yet again tomorrow as bidders have remained elusive even at a reduced reserve price of Rs 135 crore.

Vijay Mallya deals brings Diageo under Sebi lens

Vijay Mallya deals brings Diageo under Sebi lens

In brewing troubles for Diageo, markets regulator Sebi is mulling directing the British liquor giant to make additional payment to United Spirits' minority shareholders from whom it had acquired shares under an open offer in 2013 to compensate them for some 'preferential' treatment to the erstwhile promoter Vijay Mallya.

Couches to jet: Vijay Mallya assets to go under hammer for Rs 700 crore

Couches to jet: Vijay Mallya assets to go under hammer for Rs 700 crore

As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.

Vijay Mallya fails to appear before PMLA court; ED to initiate fresh attachment of assets

Vijay Mallya fails to appear before PMLA court; ED to initiate fresh attachment of assets

The Enforcement Directorate is expected to initiate a fresh action of attachment of assets against liquor baron Vijay Mallya, who today skipped appearance before a PMLA court here in connection with a money laundering probe against him in an alleged bank loan fraud case.

HC upholds summoning of Vijay Mallya in cheque-bounce cases

HC upholds summoning of Vijay Mallya in cheque-bounce cases

The Delhi High Court on Friday upheld the trial court order summoning liquor baron Vijay Mallya as an accused in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, saying being incharge of the company he was "equally liable to be prosecuted".

Delhi HC upholds trial court's order summoning Vijay Mallya

Delhi HC upholds trial court's order summoning Vijay Mallya

The Delhi High Court on Friday upheld a trial court order summoning the liquor baron Vijay Mallya as an accused in the cheque bounce cases.

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.

Panama papers: SC seeks Centre, RBI's response in four weeks

A Multi-Agency Group (MAG) of various investigative agencies has been formed by the government to go into the disclosures made in the list which includes about 500 Indian entities.

SC issues notice to Vijay Mallya for not disclosing assets

SC issues notice to Vijay Mallya for not disclosing assets

The Supreme Court on Monday issued notice to Vijay Mallya on plea seeking contempt proceedings against him alleging that he has not given full details of his assets.

Vijay Mallya's loan default case: DRT to resume hearing on UBHL's plea countering banks

Vijay Mallya's loan default case: DRT to resume hearing on UBHL's plea countering banks

The Debt Recovery Tribunal in Bengaluru will resume its hearing Monday on the application filed by UBHL and Vijay Mallya seeking cross-examination the "shady" documents submitted by the consortium of bankers with regard to Rs 6,000 crore, which allegedly did not even have the seals of the parties.

Vijay Mallya's 8 luxury cars to be auctioned today

Vijay Mallya's 8 luxury cars to be auctioned today

The auction will be held today for cars that will fetch the bank Rs 13.70 lakh.