Kingfisher Airlines loan case

SFIO probes Kingfisher Airlines for suspected fund diversion

In further trouble for beleaguered businessman Vijay Mallya, white collar crime probe agency SFIO has launched an investigation into alleged fund diversion and financial irregularities at long-grounded Kingfisher Airlines.

Mar 08, 2016, 20:20 PM IST

Arrest Vijay Mallya, says SBI in Kingfisher Airlines loan default case

Top state-run lender SBI Wednesday sought arrest of Vijay Mallya, and also impounding of his passport, as the bank approached Debt Recovery Tribunal seeking action against the UB Group promoter for defaulting on loans.

Mar 02, 2016, 23:06 PM IST