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Kingfisher Airlines (KFA)

Vijay Mallya case: India takes issue of defaulters very seriously, says FM Jaitley

Vijay Mallya case: India takes issue of defaulters very seriously, says FM Jaitley

Tue, Feb 28, 2017

Earlier this month, the Indian government formally requested Britain to extradite him to India to stand trial for alleged loan default and money laundering.

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

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

Mon, Jan 30, 2017

The ED probe also found that the considered brand valuation of the KFA, taken as a collateral by the bank for loan security in the said case, was not a sound decision.

Vijay Mallya's Twitter account hacked

Vijay Mallya's Twitter account hacked

Fri, Dec 09, 2016

A group called ‘Legion’ tweeted from Vijay Mallya’s account on Friday, giving details of his whereabouts in London along with his phone number and assets held with several banks.

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Lenders lower Kingfisher Villa price by 5%; reauction on December 22

Lenders lower Kingfisher Villa price by 5%; reauction on December 22

Mon, Dec 05, 2016

Lenders to the defunct Kingfisher Airlines have decided to again put up for auction on December 22 the plush sea-facing Kingfisher Villa at Condolim in north Goa at a marginal discount of 5 per cent to the last reserve price.

Bankers seeks criminal action against Vijay Mallya, other 'defaulters'

Bankers seeks criminal action against Vijay Mallya, other 'defaulters'

Mon, Dec 05, 2016

The All India Bank Employees Association (AIBEA) has demanded that criminal action be initiated against around 8,000 loan defaulters including beleaguered businessman Vijay Mallya.

Mallya's jet to be re-auctioned; HC allows claimant to withdraw Rs 27 crore bid

Mallya's jet to be re-auctioned; HC allows claimant to withdraw Rs 27 crore bid

Tue, Sep 27, 2016

The Bombay High Court today 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’s Goa villa, cars up for grabs at Rs 85 crore

Mallya’s Goa villa, cars up for grabs at Rs 85 crore

Tue, Sep 13, 2016

The 17 bank consortium led by State Bank of India will be auctioning embattled businessman, Vijay Mallya’s Goa villa at a reserve price of Rs 85.29 crore.

Vijay Mallya wants to return to India

Vijay Mallya wants to return to India

Fri, Sep 09, 2016

On April 15, after the Enforcement Directorate recommendation, the Ministry of External Affairs had suspended Mallya's passport.

Rules say we need Mallya to appear before Supreme Court: Attorney General

Rules say we need Mallya to appear before Supreme Court: Attorney General

Mon, Aug 29, 2016

The Supreme Court trial for hearing the banks’ plea against Vijay Mallya concluded with the attorney general, Mukul Rohtagi, appearing for the banks, saying that the businessman has breached court order by not appearing in front of it.

Apex court to hear banks’ plea against Vijay Mallya today

Apex court to hear banks’ plea against Vijay Mallya today

Mon, Aug 29, 2016

The Supreme Court will hear Kingfisher Airlines' 17-lender banks’ plea against Vijay Mallya on Monday, in the on-going proceedings of the beleaguered liquor baron.

Bad time continues for banks; Kingfisher Airlines' brands fail to find buyers

Bad time continues for banks; Kingfisher Airlines' brands fail to find buyers

Fri, Aug 26, 2016

The Kingfisher House has a built-up area of over 17,000 sq ft and is located in the plush Vile Parle area near the domestic airport in the megapolis.

ED registers new money laundering case against Vijay Mallya

ED registers new money laundering case against Vijay Mallya

Wed, Aug 24, 2016

In more trouble for businessman Vijay Mallya, the Enforcement Directorate (ED) has registered a fresh money laundering case against him and his associates to investigate the alleged loan default of Rs 6,027 crore availed from a consortium of nationalised banks, a case taken over by Central Bureau

CBI registers fresh case against Mallya on SBI's complaint

CBI registers fresh case against Mallya on SBI's complaint

Sat, Aug 13, 2016

The Central Bureau of Investigation (CBI) on Saturday registered a fresh case against liquor baron Vijay Mallya under Section 420 of the Indian Penal Code (IPC) in connection with State Bank of India loan default case.

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

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

Sun, Jul 31, 2016

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.

Last deadline for Mallya; ED ask him to appear before PMLA court on July 29

Last deadline for Mallya; ED ask him to appear before PMLA court on July 29

Wed, Jun 29, 2016

The proclamation has been published in some prominent national dailies here and in Bangalore.

United Breweries down over 2% on Mallya exit talks

United Breweries down over 2% on Mallya exit talks

Thu, Jun 16, 2016

Shares of United Breweries Ltd fell by over 2 % today amid intense speculation that its Chairman Vijay Mallya may have to step down soon and sell his shares due to tightening of noose by markets regulator Sebi.

Aviation sector to see strong growth; air traffic to rise 14%

Aviation sector to see strong growth; air traffic to rise 14%

Thu, Jun 16, 2016

Domestic aviation industry is likely to see a strong growth period with air traffic estimated to grow at 14 % helped by a positive outlook for crude prices, says a report.

ED attaches Vijay Mallya, UBHL assets worth nearly Rs 1,400 crore in IDBI Bank loan default case

ED attaches Vijay Mallya, UBHL assets worth nearly Rs 1,400 crore in IDBI Bank loan default case

Sun, Jun 12, 2016

Enforcement Directorate (ED) on Saturday attached assets worth Rs 1,411 crore of liquor baron Vijay Mallya and one of his companies in connection with its money laundering probe in the the alleged IDBI Bank loan default case.

When Bank of Baroda goofed up on Vijay Mallya's loan 'guarantor'

When Bank of Baroda goofed up on Vijay Mallya's loan 'guarantor'

Thu, Jun 09, 2016

As the news of a marginal farmer`s accounts being frozen for being a `guarantor` to Mallya`s loan spread, the bank admitted to the inadvertent mistake.

Extradition only way to bring Vijay Mallya back: Jayant Sinha

Extradition only way to bring Vijay Mallya back: Jayant Sinha

Wed, Jun 08, 2016

He and Union Urban Development Minister Venkaiah Naidu were here to talk about the achievements of the Narendra Modi-led government's two years in office.

Are Jan Dhan Yojna bank accounts creating more Manmohan Singhs?

Are Jan Dhan Yojna bank accounts creating more Manmohan Singhs?

Wed, May 25, 2016

Money launderers may have found a new tool to transfer and receive huge chunks of money, and it's none other than the crores of Jan Dhan Yojna bank accounts opened up by the government in the last one year.

UP farmer loses bank accounts for being named Vijay Mallya's guarantor

UP farmer loses bank accounts for being named Vijay Mallya's guarantor

Sat, May 21, 2016

It seems like not only Indian banks but even a local farmer in Pilibhit, a district in Uttar Pradesh, is displeased for being associated with Vijay Mallya.

Court notice to Vijay Mallya on ED's plea to withdraw his exemption

Court notice to Vijay Mallya on ED's plea to withdraw his exemption

Tue, May 10, 2016

The agency had claimed that the money was allegedly paid without prior approval from RBI in violation of FERA norms.

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