Latest News on Kfa
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Kfa - Total results - 28
Jan 28, 2017
Vijay Mallya blames govt policies, economic conditions for collapse of Kingfisher AirlinesSquarely 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".
Sep 13, 2016
Mallya's Kingfisher Villa to be auctioned by banks next month at Rs 85 cr reserve priceThe Villa, owned by United Breweries Holding (UBHL), was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010
Aug 26, 2016
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.
Aug 24, 2016
Vijay Mallya's Rs 6,027 cr bank loan fraud: ED registers fresh money laundering caseWith the new case, ED wants to strengthen its probe against Vijay Mallya and expedite a slew of actions it has already initiated against him
Jul 16, 2016
Vijay Mallya was not involved in daily affairs of Kingfisher Airlines, HC toldMallya cannot be held liable in several cheque-bouncing cases filed against him by Delhi airport operator DIAL, his counsel told the Delhi High Court.
Mar 17, 2016
SBI starts auction of Vijay Mallya's Kingfisher House in MumbaiLenders 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.
Mar 02, 2016
CBI slams lenders for letting Kingfisher Airlines get away for long, not reporting fraud on timeAsserting 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".
Jan 16, 2015
Airlines will now need flying credits not experience to launch foreign opsDomestic airlines now need to earn DFCs to fly abroad, fleet size requirement reduced to 5
Jan 05, 2015
Will clear dues of Airports Authority of India soon, says GoAirArray
Jan 02, 2015
AAI asks GoAir to clear dues by next week or be put on pay-as-you-fly modeArray