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Poster boy of bad loans: Why Vijay Mallya is partly right in playing the victim

Sep 30, 2016

Poster boy of bad loans: Why Vijay Mallya is partly right in playing the victim

Vijay Mallya is partly correct as the government policy was a factor in the decline of Kingfisher Airlines. But it has to be remembered that other airlines too were operating in the same system. #Kingfisher Airlines #Vijay Mallya #bank loans #Aviation Policy #LCC #wilful defaulter #ATF tax
Vijay Mallya case: Bengaluru DRT to pass interim order on Indigo, GoAir garnishment matter

Sep 27, 2016

Vijay Mallya case: Bengaluru DRT to pass interim order on Indigo, GoAir garnishment matter

The Debt Recovery Tribunal will pass an interim order on Wednesday on the plea of a consortium of banks seeking a direction to Indigo and GoAir airlines under garnishee proceedings to deposit with it the money to be paid to Airbus by them, in a Kingfisher Airlines case. #London #NewsTracker #Kingfisher Airlines #SBI #Mumbai #Airbus #GoAir #Vijay Mallya #IndiGo #Bengaluru #United Bank of India #Oriental Bank of Commerce #Corporation Bank
Court sends Kingfisher Airlines' former CFO to 18-month jail in cheque bounce cases

Sep 22, 2016

Court sends Kingfisher Airlines' former CFO to 18-month jail in cheque bounce cases

The court had on 20 April convicted Kingfisher Airlines, Mallya and Raghunathan, in connection with two cheque bounce cases involving Rs 50 lakh each, under relevant sections of the Negotiable Instruments Act #Kingfisher Airlines #Vijay Mallya #jail #United Spirits #GMR Hyderabad International Airport #ex-CFO A Raghunathan #cheque bounce cases
Heineken ups stake in United Breweries; how long can Vijay Mallya hold on?

Sep 20, 2016

Heineken ups stake in United Breweries; how long can Vijay Mallya hold on?

With Mallya distracted by debts from a collapsed airline venture, this could be a timely grab by Heineken in a market that is growing much faster than the global average. #Kingfisher Airlines #Moody's #Vijay Mallya #Bankruptcy #Heineken #UB Group #United Breweries #Kingfisher Beer #debt recovery processes #airlines business #beer consumption
Vijay Mallya flew away just like a 'Kingfisher' bird, says Bombay HC

Sep 19, 2016

Vijay Mallya flew away just like a 'Kingfisher' bird, says Bombay HC

The Bombay High Court today observed that businessman Vijay Mallya aptly named his company 'Kingfisher', as like the bird of the same name he too flew away without bothering about boundaries #NewsTracker #Kingfisher Airlines #Vijay Mallya #Kingfisher bird #Bombay High Court comment #justice S C Dharmadhikari #Justice B P Colabawala
Vijay Mallya can seek Emergency Certificate to return to India, says MEA

Sep 15, 2016

Vijay Mallya can seek Emergency Certificate to return to India, says MEA

Mallya, who is at present in London, made the submission through his counsel before the Chief Metropolitan Magistrate in a case lodged for allegedly evading summons in connection with a FERA violation matter. #Enforcement Directorate #NewsTracker #Kingfisher Airlines #Vijay Mallya #Vikas Swarup #Emergency Certificate