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Vijay Mallya
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Vijay Mallya

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Kingfisher a lost battle but no action against Mallya will send wrong signal to other defaulters

Mar 26, 2015

Kingfisher a lost battle but no action against Mallya will send wrong signal to other defaulters

Using the powerful weapon of wilful defaulter tag against Mallya can and should send a strong signal to other defaulters. As of now, the emerging signals from the state-run banks are that of laxity and fear. Clearly something is amiss. #Kingfisher Airlines #SBI #Vijay Mallya #United Spirits #UBI #wilful defaulter
Exclusive: SBI set to take possession of Mallyas Kingfisher House in Mumbai

Feb 18, 2015

Exclusive: SBI set to take possession of Mallyas Kingfisher House in Mumbai

Even if SBI manages to take possession of the property and sell it, that will help the lender to recover only a fraction of the total repayment obligations #Kingfisher Airlines #SBI #Vijay Mallya #public sector banks #Kingfisher House #wilful defaulter #Bank NPAs
Watch out Vijay Mallya: SBI is readying to tag you wilful defaulter soon

Jan 12, 2015

Watch out Vijay Mallya: SBI is readying to tag you wilful defaulter soon

SBI is currently in the process of reconstituting the grievance committee authorised to classify an account as wilful defaulter #Kingfisher Airlines #SBI #Vijay Mallya #NPAs #United Bank of India #bad loans #wilful defaulter #gross non-performing assets
United Spirits gets minority shareholders nod for Diageo licensing deal

Jan 11, 2015

United Spirits gets minority shareholders nod for Diageo licensing deal

United Spirits Ltd (USL) today said its minority shareholders have approved a proposal to enter into licensing and cost sharing agreements with certain subsidiaries of its parent Diageo Plc, which was rejected earlier last year. #Vijay Mallya #Kingfisher #Diageo #United Spirits #USL
Consortium of 17 banks files contempt application in HC against Mallya, Kingfisher Airlines

Jan 07, 2015

Consortium of 17 banks files contempt application in HC against Mallya, Kingfisher Airlines

Taking cognisance of the complaint, Justice Patil ordered notice to Mallya and two other companies in contention and posted the matter for another day. #NewsTracker #Kingfisher Airlines #Vijay Mallya #United Breweries #Debt Recovery Tribunal

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Kingfisher crisis: Inflated egos lead to business disasters

Oct 23, 2012

Kingfisher crisis: Inflated egos lead to business disasters

Avoid investments in companies where managements let ego affect performance and this includes government-owned companies as well. #air india #ConnectTheDots #Kingfisher Airlines #Vijay Mallya #Kingfisher Crisis
SBI chief has faith in Mallya, but how will he get the money?

Jul 09, 2012

SBI chief has faith in Mallya, but how will he get the money?

SBI chairman Pratip Chaudhuri says the loss-making airline should keep running, but Mallya has to bring in fresh equity into Kingfisher. The question is, where is the money? #Vijay Mallya #Endgame #Kingfihser's Crisis