Minority shareholders want Mallya to be removed from MCF board

The takeover of Mangalore Chemicals and Fertilizers has taken another turn, with Nagreeka Foils, a minority shareholder in the company, writing to the Securities and Exchange Board of India ......

Wilful defaulter tag may impact Mallya's MCF ownership battle

United Bank of India (UBI)’s decision to declare UB Group chief Vijay Mallya a wilful defaulter has cast a shadow on Zuari chief Saroj Poddar’s plan to jointly own controlling stake in......

In MCF takeover battle, foes could turn friends

Rivals in July, friends in October. That seems the next twist in the race between the promoters of Deepak Fertilisers and Petrochemicals and Zuari Fertilisers & Chemicals, for controlling Vijay......

Creditors oppose UB plan to pay KFA staff a month's salary

UB Group Chairman Vijay Mallya said UB Holdings intends to pay Kingfisher Airlines, employees a month’s salary, but the plan might be difficult to execute. Creditors fighting hard for dues of......