Vijay Mallya
Finance
Kingfisher Airlines lenders recover $787 mn by selling pledged shares
Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to recover ......
Consumer
United Spirits sells South India subsidiary to Singapore firm
Diageo Plc-controlled United Spirits Ltd has announced that it is selling its Hyderabad-based subsidiary Tern Distilleries Pvt Ltd to a ......
TMT
How's alco-bev digital platform Hip Bar valued as it swigs more from strategic investor?
Hip Bar Pvt. Ltd, a five-year tech startup that is building a digital ecosystem to search for wine stores and ......
Consumer
Chinese private equity fund bets on India's largest beer maker
A Chinese private investment firm has invested in United Breweries Ltd as it sought to take advantage of a sharp ......
People
Vijay Mallya loses appeal against extradition from Britain
Indian businessman Vijay Mallya lost an appeal in Britain’s High Court on Monday against a 2018 decision to extradite him ......
General
Vijay Mallya appeals against extradition from Britain
Indian businessman Vijay Mallya launched an appeal in Britain’s High Court on Tuesday against a 2018 decision to extradite him ......
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults” in 2018-19, with the ......
Infrastructure
Can lenders pull back Jet Airways from the brink of collapse?
Once India's biggest private air carrier, Jet Airways, which grounded operations on Wednesday, can now only depend on investors to ......
Consumer
Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold
Dutch brewing giant Heineken has increased its shareholding in United Breweries Ltd, the listed Bengaluru-based firm once headed by fugitive ......
General
UK approves fugitive businessman Vijay Mallya's extradition to India
The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office ......
