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.
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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.
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.
Sun, Jul 03, 2016
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The SBI-led consortium of 17 lenders to Kingfisher Airlines, has cut the reserve price of the Kingfisher House by 10% to Rs 135 crore from the earlier Rs 150 crore, after the March auction failed to attract any takers for the 17,000 sq ft Vile Parle home.
Sun, Jun 26, 2016
The SFIO probes cases of financial frauds that are referred to it by the Corporate Affairs Ministry.
Tue, Jun 14, 2016
ED asked the Court to apply section 82 on Mallya and give him a 30-day deadline to appear before the Court.
During the Debt Recovery Tribunal's (DRT) proceedings post-lunch session, counsel for Kingfisher Finvest India pleaded before the Presiding Officer to hear the company's three IAs, including the 'Lifting of Corporate Veil', which is being heard by the tribunal after the bankers' made the plea.
Mon, Jun 13, 2016
A day after the Enforcement Directorate (ED) attached assets worth Rs 1,411 crore of Vijay Mallya and one of his companies, the liquor baron on Sunday said there is "no rationale nor any legal basis" behind such action and alleged that government agencies are pursuing a "heavily biased investig
Sun, Jun 12, 2016
The government was open to "light handholding" should any airline face financial crunch, he said answering questions during an interview to PTI in New Delhi.
Fri, Jun 10, 2016
Till now, Mallya has failed to respond and has not once appeared in front of court.
Sat, Jun 04, 2016
Earlier this year, Britain had refused to deport Mallya.
Thu, Jun 02, 2016
Other two defendants, United Breweries (Holdings) and Kingfisher Airlines have also filed interlocutory applications.
The court passed an ex-party order while hearing the petition that was filed by consortium of banks led by the State Bank of India seeking the same.
Thu, May 26, 2016
Diageo-owned United Spirits Ltd on Thursday said it has written off Rs 566 crore in connection with recovery of funds that were "diverted" from the company and its subsidiaries to Vijay Mallya-led UB Group firms, including defunct Kingfisher Airlines.
While putting in place a stringent framework to choke the funding sources for wilful defaulters, Sebi has also restrained such entities from setting up market intermediaries like mutual funds and brokerage firms.
Mon, May 23, 2016
UK had early this month made it clear that the liquor baron cannot be deported and had asked India to seek his extradition instead.
The SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 mandates a company to file financial results within 60 days of the end of every financial year.
Thu, May 19, 2016
Mallya left India on March 2 using his diplomatic passport.
Tue, May 17, 2016
The next hearing is scheduled for June 2.
Fri, May 13, 2016
Last week, media reports had said Mallya put up a "villa manager" as a caretaker to thwart the banks' attempt to take it over.
Wed, May 11, 2016
The Ministry of External Affairs also takes up the matter with the concerned foreign countries when a request for deportation or extradition is received from the concerned Law Enforcement Agencies in India, he concluded.
Mon, May 09, 2016
During hearing on quantum of sentence, GMR lawyer G Ashok Reddy earlier insisted that the court pass the sentence against Mallya.
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![After Jet Airways bailout Vijay Mallya criticises public sector banks for "double standards"](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2019/03/26/79657-vijay-mallya-reuters.jpg?itok=ESOjJ3SE&c=fd9a2e8cafb0dcff8ce01cda501c807e "After Jet Airways bailout Vijay Mallya criticises public sector banks for "double standards"")
