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The Mint Report

Kingfisher Airlines reports December quarter loss of Rs755 crore; rupee closes at three-and-a-half-month high and the Sensex falls on fresh euro zone concerns.

Skeletons tumble out of Mallya closet: Kingfisher Airlines diverted bank loans to tax havens

Oct 12, 2015    

New Delhi - Kingfisher Airlines had allegedly diverted a substantial chunk of Rs 4,000 crore in loans secured from public sector banks to tax havens which has now come under the scanner of the CBI that has expanded its probe in the matter.[caption id="attachment_2290814" align="alignleft" width="380"]Vijay Mallya. Reuters

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