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Vijay Mallya
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Vijay Mallya

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Mallya's once prized private jet now being torn apart and sold as scrap

Apr 15, 2015

Mallya's once prized private jet now being torn apart and sold as scrap

Mumbai firm Silent Enterprises had announced a work order on 1 April and the process of dismantling started on 6 April. #Business #NewsTracker #Kingfisher Airlines #Vijay Mallya #Mumbai International Airport #Silent Enterprises
Another blow to Mallya? Royal Challenge dumps RCB, USL withdraws support to IPL cheerleaders

Apr 07, 2015

Another blow to Mallya? Royal Challenge dumps RCB, USL withdraws support to IPL cheerleaders

UK-based liquor major Diego has withdrawn its support to IPL team Royal Challengers Bangalore #IPL #India #Bangalore #Vijay Mallya #Kingfisher #RCB #Liquor #Royal Challenge
Diageo to buy Mallya's remaining 50% stake in African firm

Apr 02, 2015

Diageo to buy Mallya's remaining 50% stake in African firm

Diageo, which is also a major producer of beer and wine and owner of popular brands such as Johnnie Walker, Guinness and Smirnoff had in January 2013 acquired 50 percent interest in UNB's traditional sorghum beer business in South Africa reportedly at $36 million. #CompanyWatch #Vijay Mallya #Diageo #UB Group #United National Breweries #Pestello Investments #Traditional Beer Investments
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