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Vijay Mallya

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Finance

23 June, 2021

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 ......

Premium
United Spirits sells South India subsidiary to Singapore firm

Consumer

15 October, 2020

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 ......

Premium
How's alco-bev digital platform Hip Bar valued as it swigs more from strategic investor?

TMT

28 July, 2020

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 ......

Premium
Chinese private equity fund bets on India's largest beer maker

Consumer

21 April, 2020

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 ......

Vijay Mallya loses appeal against extradition from Britain

People

20 April, 2020

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 ......

Vijay Mallya appeals against extradition from Britain

General

12 February, 2020

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 ......

Wilful defaults in India cross $21 bn in 2018-19

Finance

02 July, 2019

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 ......

Can lenders pull back Jet Airways from the brink of collapse?

Infrastructure

18 April, 2019

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 ......

Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold

Consumer

27 March, 2019

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 ......

UK approves fugitive businessman Vijay Mallya's extradition to India

General

05 February, 2019

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 ......