Latest News on Kingfisher
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Kingfisher - Total results - 1279
Apr 19, 2018
Narendra Modi raises issue of Vijay Mallya's extradition with British counterpart Theresa May: ReportsPrime Minister Narendra Modi raised the issue of extradition of fugitive businessman Vijay Mallya with British prime minister Theresa May during the interaction between the two prime ministers.
Apr 17, 2018
PNB sees 2% rise in wilful defaults to about Rs 15K cr in February; Kingfisher Airlines among major defaultersPNB started listing the names of such wilful defaulters and the loans outstanding against them from last June.
Apr 16, 2018
NPA crisis: Loans worth Rs 2.72 lakh cr written-off since NDA government took over in 2014; just Rs 29,000 cr recoveredThe problem is that there aren’t enough buyers for stressed assets in India, at prices the banks expect, needed to compensate for their losses.
Mar 31, 2018
If the Income Tax Department can go to town, the RBI too could name and shame defaultersNaming and shaming has greater justification in the context of loan defaults vis-à-vis income tax defaults.
Mar 23, 2018
Formula One: Force India rule out name change this year, likely to do it at the end of seasonThe Silverstone-based team, who have finished fourth overall for the last two years, have said they are considering dropping ‘India’ from their name to make themselves more attractive to potential sponsors.
Mar 21, 2018
Fraud at listed firms: Stock market regulator Sebi to rein in erring auditors, valuersThe proposed move assumes significance as the role of auditors and valuers has come under scanner in a number of high-profile cases such as the Satyam and Kingfisher frauds, as also the PNB scam, WhatsApp leak and the Fortis matter in the recent past
Mar 12, 2018
Banks collecting passport details of those borrowing over Rs 50-cr a possible precursor to change in passport rulesSection 10 of Passport Act empowers authorities to revoke one’s passport in the interest of the sovereignty and integrity of India.
Mar 06, 2018
Subramanian Swamy calls Adani ‘biggest NPA trapeze artiste’: Modi, Mallya crackdown is fine but let’s not miss forest for treesOne don’t know for sure whether Adani is the biggest loan defaulter or not, but, indeed the Adani group owes big chunks of money to banks
Feb 26, 2018
Harshad Mehta to Vijay Mallya to Nirav Modi: Lessons NOT learnt by India’s incompetent public sector banksIn a hurry to garner business, PSUs conveniently forgot the golden rules of the game and looked at the celebrity status of borrowers like Mallya and Modi rather than at their assets against the loan.
Feb 25, 2018
PNB scam: The Nirav Modis and Vijay Mallyas of India have turned escaping authorities into an art of livingNirav Modi, his wife, and uncle Mehul Choksi sauntered into the airport and left the country when the probe into their activities was already well on its way, proving once again the legit way is also the safest way to escape