State Bank of India (SBI) is planning to follow up the recovery of its loans to Kingfisher Airline (KFA) from United Breweries Ltd (UBHL). UBHL has given corporate guarantee to the bank for advances granted KFA. According to SBI, ... 4 Traders, 6 days ago
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United Bank of India will consult legal experts on declaring United Breweries Holdings (UBHL) a wilful defaulter, as it was a corporate guarantor for loans extended to the now grounded Kingfisher Airlines. This comes after the lender issued a ...Financial Express, 1 week ago Need to sort legal issues before targeting UBHL: United Bk Money Control, 1 week ago Mallya Declared Wilful Defaulter by United Bank New Indian Express, 2 weeks ago
Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters Somasroy Chakraborty | Kolkata September 10, 2014 Last Updated at 00:43 IST United Bank of India (UBI) has sent a notice to United ...Business Standard, 1 week ago
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United Breweries Holdings Ltd (UBHL) has reported a standalone loss of Rs3,345.51 crore for Jan- Mar 2014 ( Rs190 crore for Jan- Mar 2013 ). The company has written off Rs2,450.59 crore , due from some of its subsidiaries. UBHL has reported ...4 Traders, 1 month ago UBHL posts ₹3,346-cr loss on write-offs in Q4 Hindu Business Line, 1 month ago
NEW DELHI: The today set aside a (PNB) notice to the extent that Kingfisher airlines and its guarantors, (UBHL) and Vijay Mallya, will be deemed as wilful defaulters in the event of no reply to the bank's notice within seven days from August 21. ...Economic Times, 3 weeks ago Kingfisher Gets Reprieve In Bank Loan Case Businessworld India, 3 weeks ago Interim relief for Kingfisher in payment default case The Statesman, 3 weeks ago Kingfisher Airlines Gets Interim Relief in Debt Default Case NDTV Profit, 3 weeks ago
BANGALORE: (UBHL), the investment arm of Vijay Mallya's UB Group, said on Thursday that it has written off a sum of Rs 2,451 crore, which was recoverable from certain subsidiaries of the company for the fiscal ended March. The company made this ...Economic Times, 1 month ago Mallya's investment arm writes off Rs 2k cr Times of India, 1 month ago
hat individuals or corporate entities that act as a guarantors to a loan, could also be identified as wilful defaulters in case they refuse to pay the dues despite having sufficient means. "In cases where guarantees furnished by companies within the ...Business Standard India, 1 week ago As noose tightens, Kingfisher Airlines knocks on high court doors Livemint.com, 3 weeks ago Punjab National Bank : KFA moves HC against PNB notice 4 Traders, 3 weeks ago Kingfisher Moves Court In Loan Default Case Businessworld India, 3 weeks ago
The Delhi High Court sought responses of the Centre and Kingfisher Airlines on a plea that lawyers cannot appear before PNB in the process to declare the ailing carrier and its guarantors, Vijay Mallya and UBHL, as wilful defaulters. (BS) ...India Infoline, 1 week ago HC Seeks Replies From Centre, KFA on PNB's Petition Outlook, 1 week ago Kingfisher saga: HC seeks responses on PNB plea Rediff.com, 1 week ago HC seeks responses of Centre, Kingfisher Airline on PNB plea Business Standard, 1 week ago
Sometimes a slow gradual approach does more good than a large gesture. - Craig Newmark The upbeat sentiment continues to reign supreme on the Indian bourses. With growth returning and confidence that the fiscal deficit target will be maintained, ...India Infoline, 1 week ago
We maintain our outperform on United Spirits (USL) with a target price of Rs 2,811 a share. We reduce our earnings by 10% in FY15 and FY16 to factor in lower sales growth and a more gradual margin recovery. The current quarter reflects most the ...Financial Express, 1 week ago
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