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Sbicap Trustee Company

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SBICAP sells Kingfisher shares worth over Rs 4.52 cr

SBICAP Trustee Company has sold 1.69 crore (16.9 million) shares worth over Rs 4.52 crore (Rs 452 million) of crisis-ridden Kingfisher Airlines. Post sale, SBICAP's stake in the grounded carrier......

Kingfisher's lenders take possession of company's Mumbai HQ

Lenders to Kingfisher Airlines have taken possession of Kingfisher House, the airline’s headquarters near Mumbai airport, after the guarantors -- chairman Vijay Mallya and United Breweries......

No takers for Brand Kingfisher Airlines

Public sector lenders’ attempts to recover their Rs 6,000-plus crore (Rs 60 billion) from grounded Kingfisher Airlines have again hit a block, with no serious bids for the carrier’s......

Banks to auction Kingfisher, 'Fly the Good Times' trademarks

The airlines had pledged the trademarks as collateral with banks at the time of taking loans from them After a failed attempt to sell Kingfisher House, erstwhile headquarters of Vijay Mallya's......

SBI to auction Kingfisher House on March 17

SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines. The SBI-led bank consortium has decided to auction Kingfisher House in Mumbai on March 17 in a bid to recover......

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