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......
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:......
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......
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......