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About 190 results for "ravi nedungadi"

Vijay Mallya, Kingfisher declared as wilful defaulters
Money Today

Vijay Mallya, Kingfisher declared as wilful defaulters

The Grievance Redressal Committee (GRC) of the bank has declared directors Ravi Nedungadi, Anil Kumar Ganguly and Subash Gupte as wilful defaulters. Post this declaration, these persons and the entity would not be able to borrow from the bank in future. They ... Money Today, 1 month ago

Tweaking Wilful Defaulter Definition to Cover Directors: Rajan

Governor Raghuram Rajan today said the Reserve Bank is in the process of redefining the definition of "wilful defaulters" so as to bring the directors of defaulting companies under its ambit. "The (Calcutta High) Court had some questions about ...
 Outlook India3 weeks ago Tweaking 'wilful defaulter' definition to cover directors: Raghuram Rajan  Times of India3 weeks ago RBI tweaking wilful defaulter definition to cover directors: Raghuram Rajan  Economic Times3 weeks ago
Business Standard India

HC has stayed United Bank of Indias wilful defaulter tag: Kingfisher

Kingfisher Airlines on Saturday said it has secured a stay from the Calcutta High Court on United Bank of India (UBI) declaring the airline and its directors, including promoter Vijay Mallya, as wilful defaulters. Commenting on the stay granted ...
 Financial Express3 weeks ago Kingfisher gets HC relief on wilful defaulter tag by UBI  Business Standard India3 weeks ago HC has stayed United Bank of India's wilful defaulter tag: Kingfisher  Financial Express3 weeks ago

Battle for Mangalore Chemicals heats up as Deepak Fertilisers raises bid

Rival consortium Zuari Group firms, in association with Vijay Mallya's UB Group affiliates, have also revised the open offer price upwards to Rs81.60 per share from Rs68.55 for buying additional 26% in Mangalore Chemicals. Rival consortium Zuari ...
 Livemint.com3 weeks ago Zuari Group to launch open offer for Mangalore Chemicals on 1 October  Livemint.com3 weeks ago
Business Standard India

'Mallya's stay on MCF board subject to legal proceedings'

The chorus grew for a revised open offer by the rival bidders for Mangalore Chemicals and Fertilizers (MCF) as the scrip hit a 52-week high on Tuesday. The Securities and Exchange Board of India (Sebi) has told Zuari Fertilisers and Chemicals that ...
 Business Standard India4 weeks ago MCF open offer: Louder murmurs for higher price  Business Standard India4 weeks ago
Financial Express

Wilful defaulter norms don't apply to us: Kingfisher Airlines

Kingfisher Airlines (KFA) on Tuesday said Reserve Bank of India (RBI) guidelines on wilful defaulters do not apply to the company. The company is advised that none of the parameters constituting wilful default governed by the master circular issued ...
 Financial Express1 month ago

Vijay Mallaya may be declared wilful defaulter if Formula 1 funding is linked to Kingfisher Airlines

MUMBAI: Any fund diversions by Kingfisher Airlines to Vijay Mallya's Formula 1 venture will strengthen the case of banks planning to classify him as a wilful defaulter, lenders said. A recent forensic audit by EY on behalf of the banks said ...
 Economic Times1 month ago Mallaya may be declared wilful defaulter if F1 funding is linked to KFA  Economic Times1 month ago

Banking Newsletter - September 01 to 05, 2014

Top news RBI amends Basel III guidelines for banks The Reserve Bank of India has allowed banks to issue additional Tier 1 capital instruments, the principal amount of which would absorb losses, either through conversion into common shares or a ...
 India Infoline1 month ago

Saroj Poddar wants to tweak pact with Vijay Mallya over Mangalore Chemicals

Adventz Group chairman Saroj Poddar. Photo: Indranil Bhoumik/Mint Under the agreement, Mallya is to continue as the chairman of Mangalore Chemicals. He could also appoint three directors on its board though Poddar alone will fund the proposed ...
 Livemint.com1 month ago

UBI claims baseless; denied chance to present case: Mallya

Excerpts from Business Lunch on CNBC-TV18 Watch the full show ยป S While addressing the media at its United Breweries ' (UB) annual general meeting, he said, "We disagree with their action. We were'nt given a hearing, will pursue legal remedies ...
 Moneycontrol.com1 month ago
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