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About 71 results for "ailing kingfisher airlines"

Indebted Indian tycoon offers to repay $603m of defunct airline loans
Bangladesh Daily Star

Indebted Indian tycoon offers to repay $603m of defunct airlin...

Embattledtycoon Vijay Mallya has proposed to repay 40 billion rupees ($603 million), less than half of what his defunct Kingfisher Airlines owes to creditor banks who have approached the nation's highest court to recover their dues. Mallya, who ... Bangladesh Daily Star, 1 month ago

Distressed India ignites passion of private equity firms

A surge in bad loans to once-thriving and now defunct companies such as Kingfisher Airlines means there are plenty of turnaround plays to pick from Hong Kong: India's back in fashion for private-equity players: this time those looking for distressed ...
 Livemint.com1 month ago Distressed India Lures Private Equity  Bloomberg1 month ago

Ajay Shah: In need of action

Investigations and a blame game have begun about Kingfisher Airlines. Similar problems are likely to unfold in numerous other loans which have gone bad, particularly when the losses there are much larger than what was seen in Kingfisher Airlines.
 Business Standard India1 month ago


Kingfisher Airlines allegedly inflated its brand valuation to over `4,000 crore V IJAY Mallya- owned Kingfisher Airlines ( KFA) has hit further turbulence with the Serious Fraud Investigation Office ( SFIO) investigating alleged overvaluation of ...
 Yahoo! India1 month ago KINGFISHER AIRLINES : Brandwagon ' burst'  4 Traders1 month ago

17 banks under govt lens for loan recast

NEW DELHI: Widening the probe into funding of Kingfisher Airlines, the Enforcement Directorate (ED) has asked 17 public sector banks to explain why they agreed to convert around 20% of their loan into equity at a time when the carrier was faltering.
 Times of India1 month ago

After Mallya's crash, Kingfisher fleet brings bad times for creditors

The unprecedented floods in Chennai last year had led to a complete shutdown of the city airport. Such was the deluge that jets were swept away from their parking bays. As worried companies and owners rushed to assess damages, none turned up from ...
 Hindustan Times1 month ago

Pak envoy meets ailing Geelani

ED summons Mallya opposition blames government for letting him flee Mumbai News.Net - Saturday 12th March, 2016 New Delhi/Mumbai, March 11 (IANS) The Enforcement Directorate (ED) on Friday issued summons for appearance to former liquor baron ...
 Mumbai News.Net1 month ago

Ambitious new bankruptcy code may take years to clean up India's debt mess

* Bankruptcy code likely to get parliament nod soon - officials * Experts say may take years to implement law * 70,000 liquidation cases stuck in courts, tribunals * Banks' bad and troubled loans estimated at over $100 bln By Manoj Kumar NEW ...
 Sharenet3 hours ago

Loan default: Mallya files affidavit in SC

New Delhi, Apr 21: Embattled liquor baron and businessman, Vijay Mallya, today filed an affidavit in the Supreme Court in connection with his loan default case, one of his lawyers said. Yes, We have filed an affidavit in the Supreme Court in the ...
 Newshence.com1 week ago SC refuses Mallya's Rs 4000 cr offer  Newshence.com3 weeks ago
Reuters India

India threatens to cancel passport of tycoon Mallya

India on Friday said it had suspended the diplomatic passport of embattled tycoon and lawmaker Vijay Mallya, who left the country last month amid pressure from lenders to repay about $1.4 billion in debt owed by his defunct Kingfisher Airlines. ...
 Financial Express Bangladesh2 weeks ago UPDATE 1-India threatens to revoke passport of embattled tycoon Mallya  Reuters UK2 weeks ago India threatens to revoke passport of Mallya  Reuters India2 weeks ago Vijay Mallya case: Banks say they followed RBI signal  Economic Times1 month ago
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