Kfa

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Kfa - Total results - 29
Vijay Mallya says disappointed with UK court decision, to continue legal battle against extradition
Business

Vijay Mallya says disappointed with UK court decision, to continue legal battle against extradition

Mallya's legal team had claimed that the loan defaults by KFA were the result of wider issues faced by the aviation industry at the time.

Great day for India, no one who cheats India will go scot-free, says Arun Jaitley on Vijay Mallya's extradition order
Business

Great day for India, no one who cheats India will go scot-free, says Arun Jaitley on Vijay Mallya's extradition order

Finance Minister Arun Jaitley on Monday said that the alleged offender, who benefited during the UPA rule, is being brought to the book by the NDA government.

IOA constitutes three-member ad hoc committee to hold Karate Federation of India elections
Sports

IOA constitutes three-member ad hoc committee to hold Karate Federation of India elections

The ad hoc committee will be chaired by Bhubaneshwar Kailta, who has earlier held important positions in the IOA. The other two members are IOA joint secretary Rakesh Gupta and Indian Weightlifting Federation Secretary Sahdev Yadav.

Vijay Mallya asked to appear before Mumbai court tomorrow; first action under new fugitive economic offenders law
India

Vijay Mallya asked to appear before Mumbai court tomorrow; first action under new fugitive economic offenders law

Fugitive liquor baron Vijay Mallya has been asked to appear before a special court tomorrow as part of first action against him under the newly enacted fugitive economic offenders law.

If ED, CBI object proposal to sell assets, it'd show agenda beyond dues recovery, says Vijay Mallya
Business

If ED, CBI object proposal to sell assets, it'd show agenda beyond dues recovery, says Vijay Mallya

In a series of tweets a day after claiming that he has become the "poster boy" of bank default and a lightning rod for public anger, Vijay Mallya said he will continue to make every effort to settle dues with the bank

Vijay Mallya discloses letter written to Narendra Modi in 2016: 'Fall of Kingfisher Airlines caused by circumstances'
Business

Vijay Mallya discloses letter written to Narendra Modi in 2016: 'Fall of Kingfisher Airlines caused by circumstances'

Mallya said he has been accused by politicians and the media alike of having stolen and run away with Rs 9,000 crore that was loaned to Kingfisher Airlines

ED files fresh charge sheet against embattled ex-liquor baron Vijay Mallya; prepares for fugitive tag
Business

ED files fresh charge sheet against embattled ex-liquor baron Vijay Mallya; prepares for fugitive tag

The ED had last year filed its first charge sheet against Vijay Mallya, now in London, in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines (KFA) loan fraud case

Nirav Modi vs Vijay Mallya: Tales of two scamsters who used unlawful and legit tactics to swindle public money
India

Nirav Modi vs Vijay Mallya: Tales of two scamsters who used unlawful and legit tactics to swindle public money

Nirav Modi hoodwinked bankers with greater brazenness, by gaming banking system, to commit Punjab National Bank scam

Regional connectivity was an unfulfilled dream for me, says Captain Gopinath as he gears up for relaunch
Business

Regional connectivity was an unfulfilled dream for me, says Captain Gopinath as he gears up for relaunch

Captain Gopinath believes many stakeholders like the monopoly private sector airports are not aligned to the vision of Udan

Kingfisher loan case: Banks made a mistake by not accepting Vijay Mallya’s settlement offer, says former SBI executive
Business

Kingfisher loan case: Banks made a mistake by not accepting Vijay Mallya’s settlement offer, says former SBI executive

Lenders have intensified their legal battle with Vijay Mallya after the liquor baron left the country in March, 2016

Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies, says ED
India

Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies, says ED

The Enforcement Directorate has said that liquor baron Vijay Mallya laundered over Rs 1,300 crore through 13 shell companies in US, Ireland, Mauritius and France.

Vijay Mallya blames govt policies, economic conditions for collapse of Kingfisher Airlines
India

Vijay Mallya blames govt policies, economic conditions for collapse of Kingfisher Airlines

Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said public funds were used to bail out state-owned Air India, but not the then "largest domestic airline".

Mallya's Kingfisher Villa to be auctioned by banks next month at Rs 85 cr reserve price
Business

Mallya's Kingfisher Villa to be auctioned by banks next month at Rs 85 cr reserve price

The Villa, owned by United Breweries Holding (UBHL), was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010

Kingfisher auction finds no takers again, trademark is worth 'almost nothing'
Business

Kingfisher auction finds no takers again, trademark is worth 'almost nothing'

In April, the banks had made a failed attempt to sell brands and trademarks of the airlines, owned by Mallya. The auction was unsuccessful as none of the bidders came forward due to the higher reserve price of Rs 366.70 crore.

Vijay Mallya's Rs 6,027 cr bank loan fraud: ED registers fresh money laundering case
Business

Vijay Mallya's Rs 6,027 cr bank loan fraud: ED registers fresh money laundering case

With the new case, ED wants to strengthen its probe against Vijay Mallya and expedite a slew of actions it has already initiated against him

Vijay Mallya was not involved in daily affairs of Kingfisher Airlines, HC told
Business

Vijay Mallya was not involved in daily affairs of Kingfisher Airlines, HC told

Mallya cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court.

SBI starts auction of Vijay Mallya's Kingfisher House in Mumbai
Business

SBI starts auction of Vijay Mallya's Kingfisher House in Mumbai

Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, on Thursday began auctioning the KFA headquarters — Kingfisher House — situated near the domestic airport in Mumbai.

CBI slams lenders for letting Kingfisher Airlines get away for long, not reporting fraud on time
India

CBI slams lenders for letting Kingfisher Airlines get away for long, not reporting fraud on time

Asserting that non-payment of loans by big borrowers will erode people's faith in the law, the CBI on Wednesday blasted lenders for not coming forward with a complaint in the Kingfisher Airlines "fraud", saying the delay helped the company "divert funds and destroy evidence".

Airlines will now need flying credits not experience to launch foreign ops
Business

Airlines will now need flying credits not experience to launch foreign ops

Domestic airlines now need to earn DFCs to fly abroad, fleet size requirement reduced to 5