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2 mins read

Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India

India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…

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Go First is not the first airline to fly into turbulent times in India

Go First is not the first airline to fly into turbulent times in India

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3 mins read

Former IDBI GM conspired with Vijay Mallya over short term loan to Kingfisher Airlines: CBI

A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disb…

PTI   


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5 mins read

Jail time awaits Vijay Mallya even as he tries his best to stall extradition — a timeline of his downfall

India’s most wanted borrower Vijay Mallya is filing appeal after appeal to stall his extradition ba…

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India's most wanted borrower Vijay Mallya gets sentenced to 4 months in jail

The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya in a c…

PTI   


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6 mins read

Go First's insolvency flight leaves trail of concerns for aircraft lessors

At least 50 leasing companies have requested the return of leased planes from two Indian airlines i…

PTI   


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Air travel will return to pre-COVID levels by early January, says Civil Aviation Minister Puri

"We opened civil aviation on 25th May, a good two months and two days after we had completely …

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Indian banks might never recover ₹68,607 crore of bad loans says RTI data

Prominent RTI activist Saket Gokhale had filed an RTI query with the RBI seeking details of the …

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1 min read

Vijay Mallya appeals to Finance Minister to reconsider his repayment offer during these 'tough' times

"I have made repeated offers to pay 100 per cent of the amount borrowed by KFA to the Banks. Ne…

PTI   


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Nirav Modi, Punjab National Bank scandal, Rolls-Royce and the rise of a Mumbai auction house

An on-site live auction is set for February 27 and an online bidding on March 3 and 4, with bo…

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2 mins read

Vijay Mallya's homecoming judgement might come next week

New Delhi is putting all its efforts to put Mallya behind the Indian bars. A judgement on Mally…

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1 min read

Indian liquor tycoon Vijay Mallya to be extradited — CBI ‘hopes to see him soon’

A UK court has approved the extradition of India’s liquor tycoon, Vijay Mallya, to India two year…

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India just moved a step closer to securing the extradition of Vijay Mallya

Javid’s verdict is an important victory for India. In addition to the severity of Mallya’s fin…

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The extradition of Vijay Mallya: The Indian government has secured a key victory but a lot more work remains

Mallya is suspected to have misled the executives of several Indian banks, including the governm…

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3 mins read

Jet Airways stock soars 47% as it’s all set to fly, but fuel costs, new players indicate turbulence ahead

Three years after it was grounded, Jet Airways is all set to fly again in July-September with a new…

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1 min read

Vijay Mallya created 20 shell companies; ED will confiscate more assets

The information has bee provided by the ED in its recent charge sheet that it filed in the KFA-…

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2 mins read

Liquor baron Vijay Mallya will be the first to be tried under India’s new Fugitive Economic Offenders Ordinance

Mallya left India and moved to the UK in early 2016 after the banks filed a case against him …

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1 min read

Lost hopes! SBI expects to recover only part of Kingfisher loans

"There are no takers for the Kingfisher Airlines brands which are valued (at) Rs 7-315 crore." a se…

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1 min read

Will attend all matches and cheer for India all through Champions Trophy, says Vijay Mallya

Mallya has said that he plans to attend all future matches that India would play and cheer team …

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‘You have blood on your hands’, employees of Kingfisher Airlines write to Mallya as he owes Rs 300 crore in salary

While many of the employees have changed their jobs, the ground staff, technicians and engineers ar…