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......

More Adani group shares pledged

More shares belonging to companies of the embattled Adani Group have been pledged as security for loans taken by the group's flagship firm, a trustee said. Photograph: PTI Photo SBICap Trustee in......

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......

Mallya offers to repay Rs 4,000 cr to banks by Sep

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......