While Vijay Mallya and Kingfisher Airlines have been in the news over the past few months for being wilful defaulters, a lesser-known firm at Paonta Sahib in Himachal Pradesh has defaulted Rs 2,100 crore on excise front. It also owes Rs 2,167 crore ... Chandigarh Tribune, 23 hours ago
From Subrata Roy to Harshad Udani, here are the most famous wilful defaulters of India - Meri News, 1 week ago
MUMBAI: Hemant Kanoria, chairman of SREI Infrastructure Finance , has several sharp business decisions to boast of, be it making money off loans to Kingfisher Airlines or the timely profitable exit from Viom Networks. And now, when he is ready to ...Economic Times, 18 hours ago Hemant Kanoria: The man behind Srei's success Rediff.com, 1 month ago
New Delhi: In a perpetual tussle between the state straining to regulate prices of private enterprises versus free markets, private airlines have won the first round. After aviation regulator DGCA published its latest analysis on fares over the ...Firstpost.com, 1 day ago
It came as a rude shock to a small scale farmer from Pilibhit, in UP when he got to know that he was the guarantor for billionaire Vijay Mallya's Kingfisher Airlines. BCCL What was even more shocking to him was the fact that all these years ...Indiatimes, 3 days ago Farmer mistaken for director of Kingfisher Airlines, accounts seized Oneindia, 3 days ago Made director of Kingfisher Airlines, Pilibhit farmer's accounts seized Hindustan Times, 3 days ago Pilibhit farmer lands in Mallya debt soup HT Syndication, 3 days ago
KINGFISHER AIRLINES : Lenders to the grounded Kingfisher Airlines on Friday started the process to take physical possession of Kingfisher Villa.
The SBICAP Company Limited on Friday put up a possession notice on the Kingfisher Villa at Candolim, two days after North Goa District Collector Neela Mohanan allowed a consortium of banks led by State Bank of India to take over the Rs 90-crore ...4 Traders, 1 week ago SBI-hired 'bouncers' take over Vijay Mallya's palatial holiday home in Goa Deccan Chronicle, 1 week ago Kingfisher Villa: Bouncers replace house staff at Vijay Mallya's Goa abode DNA India, 1 week ago Mallya Has Just Lost Access To His 90-Crore Goa Beachside Villa As SBI Freezes His Assets Indiatimes, 1 week ago
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. The post Vijay Mallya case: ED calls up more banks to ...First Post.com, 1 week ago ED asks more banks to give financial details in Vijay Mallya case India Infoline, 1 week ago Mallya case: Banks consortium, ED meet Smart Investor, 6 days ago Will not lose anything more in battle with Mallya: Banks Hindustan Times, 1 week ago
Kingfisher Airlines has defaulted on loans of over Rs 9,400 crore obtained from various banks. Dismissing Vijay Mallya's offer of part payment of bank loans, Punjab National Bank (PNB) on Tuesday said he must pay the full amount and settle the dues. "Although we are not leader of the consortium, we want he should pay full," PNB MD Usha Ananthasubramanian said. PNB had an exposure of Rs 800 crore (Rs 8 billion) to the Mallya promoted Kingfisher Airlines, which had to close shop ...Rediff.com, 6 days ago Vijay Mallya: Fugitive businessman to consider India return if safety and freedom assured International Business Times UK, 1 week ago Vijay Mallya must pay in full, says Punjab National Bank chief Financial Express, 6 days ago KINGFISHER AIRLINES : Vijay Mallya ready to return to India if granted safe passage 4 Traders, 1 week ago
Vijay Mallya, whose now-defunct group company Kingfisher Airlines owes over Rs 9,000 crore (Rs 90 billion) to 17 banks, had left the country on March 2. In another blow to beleaguered businessman Vijay Mallya, the Debt Recovery Tribunal (DRT) on Tuesday directed New-York based J P Morgan Bank not to disburse to him $40 million of the $75 million sweetheart deal struck between him and Diageo PLC. During the proceedings, the DRT here also took the bankers to task for not exercising due ...Rediff.com, 1 week ago Tribunal Directs New York Bank To Submit Vijay Mallya Account Statements NDTV, 1 week ago Kingfisher Airlines owes about Rs 295 crore to Airport Authority of India Economic Times, 2 months ago Did someone pay Rs 936 crore to bank on behalf of Vijay Mallya? Mid Day, 4 days ago
NEW DELHI: Liquor firm United Breweries Ltd has withheld dividends payable to its beleaguered Chairman Vijay Mallya for the financial year 2015-16 following the directions of Debt Recovery Tribunal. The board of the company in its meeting held on ...Economic Times, 1 week ago Maker of Kingfisher beer witnesses 13.5% growth in profit in FY16 Forbes India, 1 week ago United Breweries withholds dividend payment to Mallya The Hindu, 1 week ago Not so good times: UBL withholds dividend payment to Mallya Firstpost.com, 1 week ago
(May 18, 2016) - inadvertently said: While banks owe over Rs.9,000 crore to the defunct airline [Kingfisher Airlines] , Mr. Mallya had offered Rs. 4,000 crore as one-time settlement. Actually it is the airline that owes over Rs.9,000 crore to the banks. >> ...The Hindu, 6 days ago Banks reject Mallya's Rs 4000-crore loan repayment offer Sify, 1 month ago Banks Set To Reject Mallya's Rs 4,000 Crore Repayment Offer: Report NDTV, 1 month ago Banks set to reject Mallya's loan repayment offer Rediff.com, 1 month ago
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