Kingfisher Airlines allegedly diverted portion of loans to tax havens
Kingfisher Airlines had allegedly diverted a substantial chunk of Rs 4,000 crore in loans secured from public sector banks to tax havens which has now come under the scanner of the CBI that has expanded its probe in the matter.
Oct 11, 2015, 22:31 PM IST
Kingfisher Airlines faces trading suspension from December 1
Kingfisher, founded by liqour baron Vijay Mallya and once India`s number 2 carrier, has not flown for more than two years for want of cash.
Nov 08, 2014, 12:42 PM IST
UCO Bank identifies Kingfisher Airlines as 'wilful defaulter'
City-based UCO Bank on Monday said it has "identified" Vijay Mallya-owned Kingfisher Airlines (KFA) as a "wilful defaulter" and will be sending a notice to the defunct carrier.
Oct 27, 2014, 14:56 PM IST
Kingfisher faces scrutiny for accounting lapses
The Ministry is closely looking at possible violations of companies law by Kingfisher Airlines, especially with regard to accounting practices, sources said.
Oct 12, 2014, 14:59 PM IST
Kingfisher Airlines contests wilful defaulter tag
Debt-ridden Kingfisher Airlines today contested UBI's decision to declare it as a wilful defaulter, saying that RBI guidelines in this regard do not apply to the company.
Sep 09, 2014, 23:13 PM IST
Mallya in further trouble, SBI sends wilful defaulter notice
SBI, which is the lead bank of a lender consortium to the crippled carrier, has an exposure of over Rs 1,600 crore.
Sep 09, 2014, 22:14 PM IST
HC directs Kingfisher airlines to pay over Rs 29 lakh to ex-pilot
Cash-strapped Kingfisher Airlines has been directed by the Delhi High Court to pay one of its former pilots over Rs 29 lakh, the amount of his outstanding salary with interest for the period from March 2012 to July 26, 2012.
Sep 03, 2014, 19:17 PM IST
United Bank declares Kingfisher, Vijay Mallya wilful defaulters
State owned United Bank of India on Monday became the first lender to declare debt ridden Kingfisher Airlines, its promoter Vijay Mallya and other directors wilful defaulters as the company allegedly indulged in diversion of funds by opening multiple accounts.
Sep 01, 2014, 13:13 PM IST
United Bank of India declares Kingfisher Airlines as 'wilful defaulter'.
United Bank of India on Monday declared Kingfisher Airlines and its promoter Vijay Mallya as 'wilful defaulter'.
Sep 01, 2014, 11:30 AM IST
PSU banks may soon begin process to declare KFA wilful defaulter
Three major PSU banks SBI, PNB and IDBI may soon initiate the process to declare Kingfisher Airlines and others as wilful defaulters after the firms failed to service their debt, sources said.
Aug 13, 2014, 00:11 AM IST
KFA dues: Service Tax Dept seeks its share from banks' pie
Unable to recover over Rs 50 crore dues from Kingfisher Airlines, the services tax department has moved courts to get a share from sale of securities being undertaken by lenders.
Jul 15, 2014, 20:06 PM IST
