Kingfisher Finvest India, owned by Vijay Mallya, has sold 16 million shares in grounded Kingfisher Airlines. The sale is the second in a fortnight by the company, bringing down its holding in the......
Grounded carrier Kingfisher Airlines on Wednesday said promoters United Breweries Holdings and Kingfisher Finvest India have released about 5.64 crore pledged shares. United Breweries Holdings,......
Indian banks on Thursday rejected the loan repayment offer made by Vijay Mallya. A consortium of banks led by State Bank of India on Thursday rejected the proposal in the current form offered by......
Liquor baron Vijay Mallya and Kingfisher Airlines on Wednesday submitted in a sealed cover a proposal for repayment of Rs 4,000 crore (Rs 40 billion) out of the loan amount of Rs 6,903 crore (Rs......
Banks are seeking an order that Mallya should appear in person before the court. Image: A consortium of banks has moved the court seeking the freezing of Mallya’s passport. Photograph:......