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Caution for govt's regional connectivity scheme; fund crunch halts Air Pegasus' ops for 2nd day

Jul 28, 2016

Caution for govt's regional connectivity scheme; fund crunch halts Air Pegasus' ops for 2nd day

The suspension of operations of Air Pegasus is a cautionary tale, specially since the Centre has been emphasising enhanced regional connectivity through a draft scheme #Kingfisher Airlines #SpiceJet #Aviation industry #Air Pegasus #Decor Aviation #VGF #Regional Connectivity Scheme #ATR aircraft
SC issues contempt notice to Vijay Mallya for concealing wealth details

Jul 25, 2016

SC issues contempt notice to Vijay Mallya for concealing wealth details

Mukul Rohatgi said Vijay Mallya concealed a lot of information, including a cash transaction to the tune of Rs 2500 crore #Supreme Court #Kingfisher Airlines #SBI #Vijay Mallya #IDBI Bank #Contempt of court #Mukul Rohatgi #wilful default #Bank NPAs #Mallya's wealth
Vijay Mallya gets SC contempt notice for not disclosing entire assets

Jul 25, 2016

Vijay Mallya gets SC contempt notice for not disclosing entire assets

The contempt plea was moved by the consortium of 17 banks, which had lend to Malyya's Kingfisher Airlines, nearly to weeks back #Supreme Court #Kingfisher Airlines #Vijay Mallya #Contempt of court #Mukul Rohatgi #wilful defaulter #Bank NPAs
Vijay Mallya saga: Banks are the hunted; the baron has already won this battle

Jul 21, 2016

Vijay Mallya saga: Banks are the hunted; the baron has already won this battle

The message is that if you are a very rich person with sufficient hold in power centres, you can cock-a-snook at the system after defaulting a few thousands of crores to a host of banks. #Kingfisher Airlines #InMyOpinion #Vijay Mallya #PSU banks #ED #wilful defaulters
Vijay Mallya: It's a witch hunt in India, 'interview' me in London

Jul 20, 2016

Vijay Mallya: It's a witch hunt in India, 'interview' me in London

Vijay Mallya said in India investigative agencies are political tools that do not hesitate to go on a wild-goose chase #Kingfisher Airlines #Money laundering #TheySaidIt #Vijay Mallya #Formula 1 #UK #Financial Fraud #Bank NPAs #Autopost
Vijay Mallya faces second ED probe over Rs 900 cr forex violations

Jul 18, 2016

Vijay Mallya faces second ED probe over Rs 900 cr forex violations

USL said Mallya diverted funds to over half a dozen companies, having direct or indirect interest #Kingfisher Airlines #Vijay Mallya #FEMA #Diageo #United Spirits #USL #ED probe #forex violations
Vijay Mallya was not involved in daily affairs of Kingfisher Airlines, HC told

Jul 16, 2016

Vijay Mallya was not involved in daily affairs of Kingfisher Airlines, HC told

Mallya cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court. #Kingfisher Airlines #Delhi High Court #Vijay Mallya #High Court #Delhi International Airport #KFA
Vijay Mallya case: DRT says order restricting $75 mn transfer 'infructuous'

Jul 14, 2016

Vijay Mallya case: DRT says order restricting $75 mn transfer 'infructuous'

The Service Tax Department as part of the original application is seeking recovery of over Rs 1,000 crore debt from Vijay Mallya and his subsidiary companies. #Enforcement Directorate #Kingfisher Airlines #Vijay Mallya #ED #Diageo PLC #PMLA #Debt Recovery Tribunal #DRT #Service Tax Department Counsel #Benakanahalli
Sebi steps up L'affaire Mallya probe; to seek overseas help

Jul 11, 2016

Sebi steps up L'affaire Mallya probe; to seek overseas help

Mallya is currently in the UK after leaving India in March this year. His passport has been revoked by Indian government. #SEBI #Kingfisher Airlines #Vijay Mallya #Corporate Affairs Ministry #Diageo #ED #United Spirits #USL #Indian govt #Force India Formula One
Sebi steps up probe into alleged fund diversion by Vijay Mallya; seeks overseas help

Jul 10, 2016

Sebi steps up probe into alleged fund diversion by Vijay Mallya; seeks overseas help

Markets regulator Sebi has stepped up its probe into alleged fund diversion from Vijay Mallya's erstwhile listed group firms to other entities. #NewsTracker #SEBI #Kingfisher Airlines #Vijay Mallya #UK #ED