Kingfisher

Mallya's Rs 35,000 crore question to Modi: You saved Air India, why not Jet? 

Last month, Mallya had urged the banks to take his money and save the cash-strapped Jet Airways.

published on : 17th April 2019

From Rs 17 lakh to Rs 7 lakh per week: Broke Mallya to cut down expenses by 60 per cent

Mallya’s lawyers told State Bank of India that their client is willing to cut his spending to 29,500 pounds a month. He is currently spending about 18,300 pounds a week.

published on : 4th April 2019

Mayday! Is Jet Airways Air India II?

The airline’s troubles are not recent—it has been struggling in the red for over five years and its net worth has been persistently negative.

published on : 10th March 2019

Jet Airways: The Rs 8500-crore lifeboat won't end airline crisis

The bank-led restructuring package for Jet Airways, at first blush, appears solely guided by the sovereign’s self-interest.

published on : 22nd February 2019

Why 'eloquent' PM Modi not instructing banks to accept money I am offering, asks Vijay Mallya

The fugitive liquor baron further claimed that he has made the offer to settle the matter before the High Court Court of Karnataka.

published on : 14th February 2019

All eyes on Kingfisher Calendar 2019

With celebrity photographer Atul Kasbekar at the helm, the Kingfisher Calendar is now in its 17th edition.

published on : 7th January 2019

Kingfisher stuck in glue trap, rescued in Delhi Cantonment area

Locals believe that the bird must have landed on the trap while trying to feed on the already trapped rats.

published on : 23rd December 2018

Vijay Mallya extradition to speed up loan recovery process: SBI

In a major boost to India's efforts to bring back Mallya, who is wanted for loan default worth around Rs 9,000 crore to a consortium of 13 banks led by SBI, a UK court Monday ordered his extradition.

published on : 11th December 2018

Businessman Vijay Mallya should be extradited from UK to India: London Court

Mallya, who co-owned the Formula One motor racing team Force India until it went into administration in July, has denied all wrongdoing and argued the case against him was politically motivated.

published on : 10th December 2018

Vijay Mallya arrives in court for extradition case; says his offer to banks 'not bogus'

The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.

published on : 10th December 2018

Extradition case: UK court to seal Vijay Mallya’s fate Monday

The 62-year-old former Kingfisher Airlines boss, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores, has been on bail.

published on : 9th December 2018

Vijay Mallya offers to repay 100 per cent of 'public money' 

Making a reference to his liquor group United Breweries, Mallya said that "India's largest alcoholic beverage group" had contributed "thousands of crores" to the state exchequer over the years.

published on : 5th December 2018

Shares in United Breweries fall following antitrust raids

Investors and analysts said UB shares were hit by fears that the CCI raids could result in penalties and potentially dent profits in future.

published on : 12th October 2018

Tippler’s appeal for Kingfisher beer stuns collector

The public grievance redressal programme, Prajavani, has seen many people seeking the attention of authorities to their grievances.

published on : 26th September 2018

Rahul Gandhi should resign over alleged links with Mallya: BJP

The BJP Thursday came out strongly in defense of its leader Arun Jaitley, a day after Mallya claimed he met the finance minister before leaving India, in 2016.

published on : 14th September 2018
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