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......
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......
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......
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 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......