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Vijay Mallya
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Vijay Mallya

Articles

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
Noose tightens: RBI gets a helping hand from Sebi in pinning down wilful defaulters

Jan 06, 2015

Noose tightens: RBI gets a helping hand from Sebi in pinning down wilful defaulters

The new Sebi rules tell the guilty promoter not to dream of fresh money from the capital market risking new investors. #RBI #SEBI #Kingfisher Airlines #Vijay Mallya #Calcutta High Court #public sector banks #NPAs #bad loans #wilful defaulter
Surprise move: Deepak Fertilisers sells 2.2% stake in Mangalore Chemicals

Jan 05, 2015

Surprise move: Deepak Fertilisers sells 2.2% stake in Mangalore Chemicals

When contacted, company's spokesperson declined to comment on the reason behind offloading the 26 lakh shares in MCFL. #NewsTracker #BSE #Vijay Mallya #Deepak Fertilisers #United Breweries #Zuari group
HC order on Mallya's wilful default will warm cockles of crony capitalists

Dec 29, 2014

HC order on Mallya's wilful default will warm cockles of crony capitalists

The Calcutta High Court rejected the UBI's decision to call Vijay Mallya a wilful defaulter on a technicality. If courts are going to go by mere technicalities to delay banks from recovering their dues, only crony capitalists will celebrate #Crony capitalism #Vijay Mallya #wilful defaulters #UBI Loan #SBI Sugar Loans #Arihant Threads