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More Trouble For Mallya: Consortium Of 17 Banks Files Contempt Petition

“We have filed a contempt application in the High Court against Kingfisher Airlines, United Breweri…

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Declaring ‘Wilful Defaulter’ By Banks Unconstitutional: Gujarat High Court

The judgment noted, "The RBI circular is required to have the phrase ‘in public interest’ or ‘in in…

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Mallya To Explore Legal Option Against ‘Wilful Defaulter’ Tag

United Bank of India is the first PSU bank to declare Mallya ‘wilful defaulter.’

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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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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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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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‘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…

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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…

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How much Vijay Mallya owes to different banks in India

Meanwhile, banks lent Mallya huge sums against personal guarantee and landed in a soup after they h…

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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…

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13 of Vijay Mallya's properties to be auctioned, including his palatial Mumbai house

Mallya was given a one year option to buy the properties at 10% discount to competitive market valu…

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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

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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…

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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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India may soon do away with VT registration of flights

Passengers might soon be flying on foreign-registered aircraft operated by Indian firms with the go…

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Meet Hemant Kanoria, the only man who made profit out of his loans to Kingfisher Airlines

He, however, didn’t shy away from comparing the Chinese ecommerce giant with Sahaj, where rural e-k…

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Kingfisher Airlines case is being investigated by SFIO, confirms Arun Jaitley

It was in 2012 thatr Vijay Mallya's Kingfisher Airlines was grounded because of huge debts and oper…

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Now, 40 companies tied to Vijay Mallya under scrutiny

Most of these companies) are based abroad, including in the Netherlands, the United Kingdom, South …

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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…

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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…