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Bangalore Debt Recovery Tribunal

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Heineken buys 14.98% more stake in UBL; shareholding now at 61.5%

Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on......

Coffee Day stares at bankruptcy as asset sale fails to make headway

Attributing the delay in debt servicing to a liquidity crisis, the company said its total indebtedness was Rs 518 crore. The lenders to Coffee Day Enterprises Ltd (CDEL), which owns and operates a......

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in......

UK high court deals another blow to Mallya

The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it......

Sale of Mallya's United Breweries shares has fetched Rs 1,008 cr: ED

Mallya is at present based in London and extradition proceedings are on to bring him to India as the ED and the CBI are probing parallel criminal cases against him for an alleged bank loan default......

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