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Vijay Mallya

Loan recovery: SBI consortium takes over Kingfisher House

Infrastructure

25 February, 2015

Loan recovery: SBI consortium takes over Kingfisher House

Clamping down on Vijay Mallya-led UB Group to recover loans, a 17-bank consortium led by state-run SBI today took over ......

United Bank of India identifies UB Holding as wilful defaulter

Consumer

02 December, 2014

United Bank of India identifies UB Holding as wilful defaulter

In fresh trouble for liquor baron Vijay Mallya, United Bank of India has identified United Breweries Holdings, the guarantor of ......

Vijay Mallya steps down as chairman of Mangalore Chemicals & Fertilizers

Manufacturing

02 December, 2014

Vijay Mallya steps down as chairman of Mangalore Chemicals & Fertilizers

Vijay Mallya, a promoter director and chairman of Mangalore Chemicals & Fertilizers Ltd, has stepped down from its board, the ......

Mallya in further trouble, SBI sends wilful defaulter notice

Consumer

10 September, 2014

Mallya in further trouble, SBI sends wilful defaulter notice

Days after United Bank of India declared Kingfisher Airlines, promoter Vijay Mallya and three other directors wilful defaulters, country's largest ......

What does a 'wilful defaulter' tag mean for Mallya?

General

03 September, 2014

What does a 'wilful defaulter' tag mean for Mallya?

In a development signalling increasing woes for Vijay Mallya, the state-run United Bank of India has declared the debt-ridden Kingfisher ......

Lenders sell 0.34% pledged stake of United Breweries in United Spirits

Consumer

18 February, 2014

Lenders sell 0.34% pledged stake of United Breweries in United Spirits

United Breweries (Holdings) Ltd, Vijay Mallya-led UB Group's holding company, has lost around 0.34 per cent stake more in United ......

Kingfisher Airlines in talks to rope in foreign investor

Infrastructure

24 September, 2013

Kingfisher Airlines in talks to rope in foreign investor

Kingfisher Airlines Ltd, which was forced to halt its airlines operations a year ago due to debt and defaults on ......

Kingfisher submits plan to restart airline

Infrastructure

11 April, 2013

Kingfisher submits plan to restart airline

Grounded Kingfisher Airlines submitted a plan to the Director General of Civil Aviation (DGCA) to restart operations, saying its parent ......

Kingfisher Airlines scrip crashes 5% as lenders move for recovery

Others

13 February, 2013

Kingfisher Airlines scrip crashes 5% as lenders move for recovery

Lenders to India's grounded Kingfisher Airlines have decided to take initial steps towards recovering $1.4 billion of loans in default ......

India open to further reforms on airline investment

Infrastructure

16 November, 2012

India open to further reforms on airline investment

India is open to further reforms to lure overseas investors into its airlines, a government source said, after a dearth ......

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