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1 min read
Four more NBWs against Mallya in Hyderabad court
Now, the local court has slammed the former liquor baron with four more non-bailable warrants (NBWs…
3 mins read
Vijay Mallya’s journey from a businessman to a fraudster
Here is the breakdown of Mallya’s journey from a businessman to a wilful defaulter. 1) Mallya owes …
1 min read
Vijay Mallya’s aircraft to be auctioned; expected to fetch around Rs 535 crore
So as to verify the pre-bid queries, bidders can seek information from the department regarding the…
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Vijay Mallya's Rs 4,000-crore offer doesn't impress banks; don’t want any terms or conditions
The 17 lenders are looking for a repayment of over Rs 9,000 crore, whereas Mallya offered Rs 4,000 …
1 min read
Vijay Mallya takes to Twitter to reveal what made him escape the country without paying loan amount
Defending himself in
a string of tweets, Mallya said all he sought was help related to policy change
1 min read
Vijay Mallya reveals faulty P&W engines led to Kingfisher Airlines’ collapse
DGCA has ordered detailed inspection of 21 Airbus 320 neo planes of IndiGo and GoAir that are equip…
1 min read
Vijay Mallya has 7 days to return to India and appear before the ED
As per news reports, Mallya has to appear before ED on March 18. The sources said Mallya has also b…
1 min read
UB says Kingfisher Airlines’ logo only for aviation, warns of legal challenges
The Kingfisher Airlines’ logo would be sold with other trademarks like Fly Kingfisher, the logo of …
1 min read
‘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…
1 min read
The low profile Mallya! ED and CBI probing Winsome group's Jatin Mehta
The ED and Central Bureau of Investigation (CBI) need help from the UAE to verify Winso…
1 min read
Mallya’s Kingfisher House in Mumbai now on auction by SBI for more than Rs 150 crore
The base price for the Andheri office has been fixed at Rs.150 crore, and the bank has already rece…
2 mins read
Vijay Mallya's business model could be at fault, thinks FM Arun Jaitley
I am not giving a final opinion on it. It could be attributed to the business model of a particular…
1 min read
Vijay Mallya no more the ‘King of Good Times’, to exit United Spirits
Image credit: Indiatimes
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SBI cleans up its balance sheets by writing off loans of 63 willful defaulters, including Vijay Mallya
SBI has mostly dropped the money willfully under Collection Account (AUCA), commonly known as a wri…
3 mins read
United Spirits fires Vijay Mallya as its Chairman, now officially the ‘king of bad times’
Sources confirmed the ET, as per the share purchase agreement between them, Diageo is supposed to v…
1 min read
FM Arun Jaitley takes a dig at Vijay Mallya, says banks should ensure no defaulter gets away
Amid a raging row over recovery of soured debt from tycoon Vijay Mallya, Finance Minister Arun Jait…
2 mins read
Somebody's loss is somebody's gain! India Inc biggies eye IPL team after ban on CSK, RR
This move provides room for the induction of two more teams in the next edition of IPL, reported …
1 min read
Kingfisher now belongs to Heineken for Rs 872 cr
USL sold 3.21% shares for Rs 872 crore in a block trade. The shares were sold at Rs 1,030 apiece, a…
1 min read
Increasing Troubles for Vijay Mallya: After UBI, IDBI To Declare Him As Wilful Defaulter
“Last week, IDBI too had sent a letter to the management regarding their outstanding debts. Vijay M…