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What is the accurate brand value of Kingfisher Airlines?
Banks had relied on Grant Thornton’s high valuation of the Kingfisher Airlines brand and associated trademarks while funding Kingfisher. The defunct Kingfisher Airlines, which owes......
Kingfisher vs Jet: One chart tells a grim story about Vijay Mallya's loans
Bankers gave money to Mallya's airline though it was not enough to even service existing debt? Bankers cannot escape blame for the bad-loan mess at Kingfisher Airlines. Why did they fund......
Lenders to start liquidating Mallya's assets soon
The tussle over recovery of loans given to Kingfisher Airlines between a 17-member consortium of banks and promoter Vijay Mallya seems to have entered the last lap.The lenders are set to start from......
Who is the key man of Mallya empire abroad?
An Indian origin attorney based in Switzerland is turning out to be a key man of Vijay Mallya’s empire abroad. Sixty-four-year-old Jay Vallabh is named director and authorised signatory in......
Mallya ready to smoke the peace pipe with banks
A source close to the UB group said Mallya was willing to settle with the public-sector banks by selling part of his stake in various companies and assets based in India and abroad. In a......
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