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Vijay Mallya

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

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 ...

Premium
United Spirits sells South India subsidiary to Singapore firm

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 ...

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

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 ...

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

Consumer

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

A Chinese private equity firm has invested in United Breweries Ltd as it sought to take advantage of...

Vijay Mallya loses appeal against extradition from Britain

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 ...

Vijay Mallya appeals against extradition from Britain

General

Vijay Mallya appeals against extradition from Britain

Indian businessman Vijay Mallya launched an appeal in Britain’s High Court on Tuesday against a ...

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

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...

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

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, ...

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

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 ...

UK approves fugitive businessman Vijay Mallya's extradition to India

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 ...