Enforcement Directorate to approach court to attach industrialist’s properties worth Rs 4,000 crore The Enforcement Directorate (ED) has attached nine assets of beleaguered industrialist......
Hardly a few days after the UB Group said it would be using a part of the proceeds from the Diageo deal to reduce the debts of Kingfisher Airlines, UB Holdings, the primary promoter holding......
Vijay Mallya-led UB group's United Breweries (Holdings) Ltd said on Thursday Kingfisher Airlines has ceased to be its subsidiary, but it had a significant exposure of over Rs 12,000 crore (Rs 120......
An advance of a little over Rs 1,350 crore (Rs 13.5 billion) to UB Holdings, the holding company of Vijay Mallya’s UB Group, from United Spirits, which presumably went to Kingfisher Airlines,......
United Bank of India (UBI) has sent a notice to United Breweries Holdings (UBHL), which was the corporate guarantor for loans to now grounded Kingfisher Airlines, seeking an explanation on why it......