Latest News on Kfa
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Kfa - Total results - 25
Dec 07, 2017
Kingfisher loan case: Banks made a mistake by not accepting Vijay Mallya’s settlement offer, says former SBI executiveLenders have intensified their legal battle with Vijay Mallya after the liquor baron left the country in March, 2016
Jul 14, 2017
Vijay Mallya isn’t missing India; but banks he made bakras of will miss him for a long time to comeThe charges the ED has raised, if it can be proved, certainly strengthens the case against the businessman who left India in March 2016
Jul 13, 2017
Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies, says EDThe Enforcement Directorate has said that liquor baron Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies in US, Ireland, Mauritius and France.
Jun 16, 2017
Kingfisher-IDBI case: Vijay Mallya floated 20 shell cos, directors were his personal staff, says EDThe charge sheet said Mallya had “formed a complex web structure of his group companies so as to indirectly control their affairs”
Jan 28, 2017
Vijay Mallya blames govt policies, economic conditions for collapse of Kingfisher AirlinesSquarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said public funds were used to bail out state-owned Air India, but not the then "largest domestic airline".
Sep 13, 2016
Mallya's Kingfisher Villa to be auctioned by banks next month at Rs 85 cr reserve priceThe Villa, owned by United Breweries Holding (UBHL), was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010
Aug 26, 2016
Kingfisher auction finds no takers again, trademark is worth 'almost nothing'In April, the banks had made a failed attempt to sell brands and trademarks of the airlines, owned by Mallya. The auction was unsuccessful as none of the bidders came forward due to the higher reserve price of Rs 366.70 crore.
Aug 24, 2016
Vijay Mallya's Rs 6,027 cr bank loan fraud: ED registers fresh money laundering caseWith the new case, ED wants to strengthen its probe against Vijay Mallya and expedite a slew of actions it has already initiated against him
Jul 16, 2016
Vijay Mallya was not involved in daily affairs of Kingfisher Airlines, HC toldMallya cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court.
Mar 17, 2016
SBI starts auction of Vijay Mallya's Kingfisher House in MumbaiLenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, on Thursday began auctioning the KFA headquarters — Kingfisher House — situated near the domestic airport in Mumbai.