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Kingfisher Airlines

Jet Airways employees union wants govt intervention to avoid Kingfisher Airlines-like collapse

Jet Airways employees union wants govt intervention to avoid Kingfisher Airlines-like collapse

Thu, Apr 18, 2019

The officers and employees union of the grounded Jet Airways Thursday sought government intervention to avert a Kingfisher-like collapse of the carrier.

After Jet Airways bailout Vijay Mallya criticises public sector banks for "double standards"

After Jet Airways bailout Vijay Mallya criticises public sector banks for "double standards"

Tue, Mar 26, 2019

In a series of tweets reacting to banks led by State Bank of India taking over management control of troubled Jet Airways, Mallya said,"...Only wish the same was done for Kingfisher". "Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise," he said.

State of aviation: Domestic carriers owe Rs 2,448 cr dues to Airports Authority of India

State of aviation: Domestic carriers owe Rs 2,448 cr dues to Airports Authority of India

Fri, Feb 08, 2019

SpiceJet's dues stood at Rs 105.71 crore against security deposit of Rs 124.22 crore, while that of GoAir was Rs 19.35 crore against security deposit of Rs 73.12 crore.

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Mallya says ready to talk to banks for one-time settlement

Mallya says ready to talk to banks for one-time settlement

Fri, Mar 10, 2017

The embattled liquor baron Vijay Mallya on Friday took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default.

Auction fails fourth time for Mallya's Kingfisher house, villa

Auction fails fourth time for Mallya's Kingfisher house, villa

Mon, Mar 06, 2017

An SBI-led consortium`s attempt to auction properties of industrialist Vijay Mallya in order to recover loans made to his Kingfisher Airlines, failed again on Monday as these had no takers despite around a 10 % cut in their reserve price.

Faulty aircraft engines led to Kingfisher collapse: Vijay Mallya

Faulty aircraft engines led to Kingfisher collapse: Vijay Mallya

Fri, Mar 03, 2017

Vijay Mallya, the embattled businessman who is in the UK, today said faulty engines were one of the factors for the collapse of Kingfisher Airlines.

Indian authorities have no grounds to extradite me from Britain,won't come back: Mallya

Indian authorities have no grounds to extradite me from Britain,won't come back: Mallya

Thu, Feb 23, 2017

It took India close to 11 months to get the extradition process in motion from the date Mallya left the country on March 2.

India asks UK for Mallya's deportation

India asks UK for Mallya's deportation

Thu, Feb 09, 2017

India has handed over a request for the extradition of liquor baron Vijay Mallya to the British High Commission here, the Ministry of External Affairs on Thursday said.

Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings

Big blow to Vijay Mallya, Karnataka High Court orders winding up of United Breweries Holdings

Tue, Feb 07, 2017

The Karnataka High Court on Tuesday ordered winding up of United Breweries Holdings Ltd (UBHL) for recovering dues payable by the UBHL-promoted defunct Kingfisher Airlines of Vijay Mallya.

United Breweries Holding seeks more time for Q3 results after CBI seizes records

United Breweries Holding seeks more time for Q3 results after CBI seizes records

Sat, Feb 04, 2017

The company said,"UBHL is not in a position to compile the financial data required for preparation and submission of the financial results and complying with the requirements of filing the unaudited financial results within the prescribed 45 days from the end of the quarter ended December 31, 2016. The circumstances are beyond the control of UBHL."

UPA, NDA treat me like football: Vijay Mallya

UPA, NDA treat me like football: Vijay Mallya

Fri, Feb 03, 2017

Former Kingfisher Airlines chief Vijay Mallya on Friday said he was being treated like a "football" between the NDA and the UPA governments without "refrees".

CBI court issues warrant against Vijay Mallya in IDBI loan case

CBI court issues warrant against Vijay Mallya in IDBI loan case

Tue, Jan 31, 2017

CBI court in Mumbai has issured non-bailable warrant against Kingfisher Airlines owner Vijay Mallya on Tuesday in the IDBI Bank loan default case.

Begged for help, not loans, says Mallya

Begged for help, not loans, says Mallya

Sat, Jan 28, 2017

Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said public funds were used to bail out state-owned Air India, but not the then "largest domestic airline."

Karnataka High Court issues bailable arrest warrant against Vijay Mallya

Karnataka High Court issues bailable arrest warrant against Vijay Mallya

Fri, Jan 27, 2017

The Karnataka High Court on Friday issued a bailable arrest warrant against Vijay Mallya for allegedly violating an undertaking given by him and his companies not to transfer their equity shares in United Breweries Limited (UBL) to British spirits company Diageo Plc.

Vijay Mallya plays 'innocence' card, talks of 'witch-hunt'

Vijay Mallya plays 'innocence' card, talks of 'witch-hunt'

Fri, Jan 27, 2017

Kingfisher Airlines owner Vijay Mallya has claimed "innocence" in the alleged funds diversion case related to his airline company.

Vijay Mallya's sweetheart deal: Sebi may order payout for small investors

Vijay Mallya's sweetheart deal: Sebi may order payout for small investors

Thu, Jan 26, 2017

Market regulator Sebi is likely to order additional payout to small investors by way of a fresh open offer in loss to minority shareholders of United Spirits promoted by Vijay Mallya and new owner Diageo.

Sebi bars Vijay Mallya from accessing markets; can't hold directorship in any company

Sebi bars Vijay Mallya from accessing markets; can't hold directorship in any company

Wed, Jan 25, 2017

Securities and Exchange Board of India (Sebi) on Wednesday announced seven names of people including Kingfisher Airlines owner Vijay Mallya who have been restrained from accessing the stock markets on account of fund diversions or improper transactions in the United Spirits Limited (USL).

Kingfisher tycoon Vijay Mallya charged in loan default case: CBI

Kingfisher tycoon Vijay Mallya charged in loan default case: CBI

Tue, Jan 24, 2017

The Central Bureau of Investigation on Tuesday charged Vijay Mallya, the liquor and aviation tycoon, with having misappropriated a 9 billion rupee ($132 million) loan granted by a government-owned bank, a CBI spokesman said.

Mallya loan default case: Ex-IDBI Bank chairman among 8 arrested

Mallya loan default case: Ex-IDBI Bank chairman among 8 arrested

Tue, Jan 24, 2017

UB Group issued a statement in Bengaluru confirming the visit of CBI team.

Recover Rs 6200 crore from Vijay Mallya, DRT tells bank consortium

Recover Rs 6200 crore from Vijay Mallya, DRT tells bank consortium

Thu, Jan 19, 2017

In November, CBI had initiated an extradition request to bring him back from Britain through a special court in Mumbai.

Banks to again auction Kingfisher House,Villa at lower prices this week

Banks to again auction Kingfisher House,Villa at lower prices this week

Sun, Dec 18, 2016

Two plush properties belonging to troubled businessman Vijay Mallya, Kingfisher House in the city and Kingfisher Villa in north Goa, will be re-auctioned this week by the 17-lender consortium at lower reserve prices compared to the failed previous three auctions.

Rs 1376 crore of UB Holding assets attached in Mallya's money laundering case

Rs 1376 crore of UB Holding assets attached in Mallya's money laundering case

Fri, Dec 09, 2016

UB Holdings said, "It is in consultation with its legal counsels for filing an appeal against the said order of the adjucating authority and to take appropriate steps that may be required in this regard. "

Vijay Mallya files plea in Karnataka HC for recalling contempt order

Vijay Mallya files plea in Karnataka HC for recalling contempt order

Sat, Nov 26, 2016

Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court (HC) 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.

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