Grounded carrier Kingfisher Airlines on Wednesday said promoters United Breweries Holdings and Kingfisher Finvest India have released about 5.64 crore pledged shares. United Breweries Holdings,......
Indian banks on Thursday rejected the loan repayment offer made by Vijay Mallya. A consortium of banks led by State Bank of India on Thursday rejected the proposal in the current form offered by......
The order brings an end to the nearly three-year legal battle in the Tribunal by the consortium, comprising 17 banks, to recover the money owed to them by the defunct airlines. The Debt Recovery......
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:......