Kingfisher Airlines

Indian banks broke rules to give loans to Kingfisher Airlines, says UK judge in Vijay Mallya hearing

The British judge hearing the extradition case of liquor baron Vijay Mallya today said that it was 'blindingly obvious' that rules were being broken by Indian banks in giving loans.

published on : 17th March 2018

Government doesn't want Air India to go Kingfisher Airlines way: Civil Aviation Minister

On June 28, the Cabinet had cleared disinvestment of debt-laden Air India but the final modalities, including the quantum of stake sale, would be decided by a panel headed by the finance minister.

published on : 28th December 2017

Kingfisher Airlines collapsed due to faulty Pratt and Whitney engines: Mallya

Mallya’s tweet came after the DGCA initiated a probe following the incident of engine fire on one of the aircrafts belonging to the budget passenger carrier IndiGo. 

published on : 3rd March 2017

Not concerned with or connected to Kingfisher Airlines: United Breweries Limited

Nine persons, including former executives of Kingfisher Airlines and IDBI officials, were arrested on Monday as the agency fears they might have influenced the witnesses.

published on : 25th January 2017