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Kingfisher Airlines in the black this month
Kingfisher Airlines, promoted by the UB Group, expects to get into the black in December. According to Ravi Nedungadi, president and CFO, UB Group, the airline has been driving in volumes and......
HC asks UB Group to finalise plans for dues of Rs 330 cr
The Karnataka high court has urged the UB Group comprising UB Holdings and Kingfisher Airlines to come up with a concrete plan on how it intends to pay dues worth around Rs 330 crore (Rs 3.3......
Mallya to infuse Rs 425 cr into Kingfisher: SBI
Kingfisher promoter Vijay Mallya is ready to infuse Rs 425 crore (Rs 4.25 billion) into the airline and restart its limited operations as soon as DGCA gives a go-ahead, the lead lender to the......
UBL paid Rs 1.4 cr to Mallya as commission
United Breweries Ltd Chairman Vijay Mallya received over Rs 1.4 crore as commission and sitting fees during 2011-12 from the company. According to the company's annual report for 2011-12, Mallya......
Mallya considers 49% stake sale in Whyte & Mackay
Vijay Mallya-promoted United Spirits Ltd is considering to sell 49 per cent stake in its Glasgow based subsidiary Whyte & Mackay to pay off debt, according to a media report.According to the The......
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