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Vijay Mallya

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Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG

Jul 30, 2015

Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG

Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence. #Business #CAG #Civil Aviation Ministry #Kingfisher Airlines #CompanyWatch #Vijay Mallya #AAI
United Spirits allege irregularities by Mallya-led UB Group, begins move to recover Rs 1,337 cr

Jul 23, 2015

United Spirits allege irregularities by Mallya-led UB Group, begins move to recover Rs 1,337 cr

UK's Diageo group-controlled United Spirits on Thursday alleged irregularities and potential violations of law in diversion of funds by the firm's erstwhile promoter Vijay Mallya-led UB Group and said it is initiating process to recover dues totaling to Rs 1,337 crore. #Business #NewsTracker #Vijay Mallya #UB Group #United Spirits #Diageo Group
Vijay Mallya fined over Forex used for advertising in 1995 Formula One

Jul 13, 2015

Vijay Mallya fined over Forex used for advertising in 1995 Formula One

The payments for promoting Mallya's Kingfisher brand were made without the required approval from the RBI #Motorsport #Vijay Mallya #Kingfisher #formula one 1995 #foreign exchange regulation act #vijay mallya forex case
SC dismisses Vijay Mallya's plea in FERA violation case, fines him Rs 10 lakh

Jul 13, 2015

SC dismisses Vijay Mallya's plea in FERA violation case, fines him Rs 10 lakh

A bench headed by Justice JS Khehar also imposed Rs 10 lakh as costs on Mallya in the case. #Enforcement Directorate #NewsTracker #Supreme Court #Vijay Mallya #FERA #Cost
USL sells United Breweries stake to Heineken: Will Mallya lose Kingfisher brewer too?

Jul 08, 2015

USL sells United Breweries stake to Heineken: Will Mallya lose Kingfisher brewer too?

USL said that following the completion of this sale, it will "hold no shares in United Breweries and will cease to be a promoter of United Breweries". #Business #BSE #CompanyWatch #Vijay Mallya #Ministry of Corporate Affairs #Diageo #United Spirits #United Breweries #Heineken International BV
Zoom Developers' saga shows collateral safety is a myth; banks are sitting ducks

Jul 03, 2015

Zoom Developers' saga shows collateral safety is a myth; banks are sitting ducks

Jaitley should hurry on legislating a bankruptcy law; it is critical for the recovery of bank loans in many similar cases #RBI #finance ministry #Vijay Mallya #Loan recovery #Bankruptcy law #Zoom Developers #wilful defaulter #Bank NPAs #Vijay Choudhary