Kingfisher

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Kingfisher - Total results - 250
Vijay Mallya case: ED calls up more banks to get details of transactions
Business

Vijay Mallya case: ED calls up more banks to get details of transactions

The Enforcement Directorate has asked around half a dozen lenders of Kingfisher Airlines to furnish details of the financial transactions conducted by the long-grounded air carrier and its top executives.

Mallya's not coming back: We will forget about him, just like Lalit Modi
India

Mallya's not coming back: We will forget about him, just like Lalit Modi

In a few days like we forgot Lalit Modi we will forget Vijay Mallya

Collector allows banks to take over Mallya's Kingfisher Villa in Goa
Business

Collector allows banks to take over Mallya's Kingfisher Villa in Goa

The Villa, valued at Rs 90 crore, used to be Mallya's base in Goa and also the venue of many of the famous parties hosted by him.

SpiceJet now offers high-end cars worth Rs 25 lakh as perks for staff
Business

SpiceJet now offers high-end cars worth Rs 25 lakh as perks for staff

Spicejet is offering its senior and middle level staff high-end cars worth Rs 25 lakh as a retention measure. If they stay for 4 years or more with the company, they even get to keep the car.

Cheque bounce case: Mallya order postponed to 25 May
Business

Cheque bounce case: Mallya order postponed to 25 May

A Hyderabad city court on Monday postponed till 25 May its order on the quantum of sentence for industrialist Vijay Mallya in two cheque bounce cases filed against him by the GMR Hyderabad International Airport Ltd.

Bankruptcy Code is a dud unless executed right; India has too many good laws that we failed smartly
Business

Bankruptcy Code is a dud unless executed right; India has too many good laws that we failed smartly

It’s a law that would enable banks to push for resolution/recovery of the money from a troubled company within a period of 180 days, with a grace period of another 90 days if majority (75 per cent) of creditors agrees.

Expulsion not enough, we must examine how a Vijay Mallya makes it to Rajya Sabha
Politics

Expulsion not enough, we must examine how a Vijay Mallya makes it to Rajya Sabha

Merely expelling Mallya is insufficient atonement of the polity, the question needs to be asked – how do people like Mallya get into the august Rajya Sabha?

No honourable exit for Vijay Mallya? RS Chairman rejects resignation
Politics

No honourable exit for Vijay Mallya? RS Chairman rejects resignation

Liquor baron Vijay Mallya sent a resignation letter to the Rajya Sabha, however, Chairman of the Upper House, Hamid Ansari rejected the resignation letter

Vijay Mallya vs banks: All-or-nothing approach won't get them a penny
Business

Vijay Mallya vs banks: All-or-nothing approach won't get them a penny

in Vijay Mallya's case, it appears, banks think quite differently from common lenders. They have taken the all-or-nothing approach to recover dues from him, which they claim amounts to around Rs 9,000 crore.

Mallya's RS 'resignation' was well-timed: Disgrace was around the corner
Politics

Mallya's RS 'resignation' was well-timed: Disgrace was around the corner

By pre-empting his expulsion order, a wily Mallya didn’t allow the Ethics Committee a chance to take a moral high ground.

A king dethroned? Mallya claims to be in forced exile, not planning to return to India
Business

A king dethroned? Mallya claims to be in forced exile, not planning to return to India

Embattled tycoon Vijay Mallya has said he is in a "forced exile" and has no plans to return to India where things are flying at him "fast and furious".

External Affairs Ministry revokes Vijay Mallya's passport
Business

External Affairs Ministry revokes Vijay Mallya's passport

The Ministry of External Affairs (MEA) has revoked liquor baron Vijay Mallya's passport. MEA spokesperson Vikas Swarup on Sunday tweeted saying, "After having considered replies by Vijay Mallya, MEA (Ministry of External Affairs) revokes his passport under S.10(3)(c) & (h) of Passports Act."

Govt will take all measures to force Mallya to return, says BJP
Politics

Govt will take all measures to force Mallya to return, says BJP

The passport of Mallya, who is an MP and has been in Britain for over a month and has refused to appear before the Enforcement Directorate, was on Friday suspended by the External Affairs Ministry on the recommendation of the agency.

Crackdown on defaulters: SC and RBI should move on from the 'naming' debate and work on the recovery of public money
Business

Crackdown on defaulters: SC and RBI should move on from the 'naming' debate and work on the recovery of public money

The RBI’s argument on secrecy for bad loan accounts in public deserves merit since if the name of a company, which is in genuine stress, is disclosed, it can hamper the process of recovery process

Mallya evades third ED summon: Liquor baron seeks new date in May
Business

Mallya evades third ED summon: Liquor baron seeks new date in May

Sources did not immediately comment as to what next step the agency will take now as he has sought time till May, a request he made to the IO last week too and which was turned down.

No respite for Indian banks, but Mallya's craft beer firm brews fresh funding in US
Business

No respite for Indian banks, but Mallya's craft beer firm brews fresh funding in US

In a regulatory filing with the US markets regulator SEC, Mendocino has disclosed having issued a 'promissory note' to Delaware-based Catamaran Services, Inc, in the principal amount of $325,000

Supreme Court Vs RBI: Who is right on disclosing names of big loan defaulters? Answer is both
Business

Supreme Court Vs RBI: Who is right on disclosing names of big loan defaulters? Answer is both

There is no second thought on the fact that public interest is paramount than commercial interest of institutions

Even Congress leaders have lost faith in Rahul Gandhi, alleges BJP
Politics

Even Congress leaders have lost faith in Rahul Gandhi, alleges BJP

Amid political turmoil in Uttarakhand and Himachal Pradesh, the BJP stepped up attack on the Congress, saying the party has lost faith in Rahul Gandhi

'Every penny' that is due will be recovered from Mallya, says Arun Jaitley
Business

'Every penny' that is due will be recovered from Mallya, says Arun Jaitley

Finance Minister Arun Jaitley on Thursday declined specific comment if his government considered industrialist Vijay Mallya an absconder but sought to assure that every penny that is due from him to state-run banks will be recovered.

#MallyaVsMe: Who stood guarantee for Vijay Mallya when bank gave him Rs 1,500 cr?
India

#MallyaVsMe: Who stood guarantee for Vijay Mallya when bank gave him Rs 1,500 cr?

None of which tees me off except that our bank managers never offer us tea and biscuits. Vijay probably gets a 5 star buffet and the bank picks up the bill.