Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

Vijay Mallya in fresh trouble, Delhi court issues non-bailable warrant

In more trouble for Vijay Mallya, a non-bailable warrant was on Saturday issued against him in a 2012 cheque bounce case by a Delhi court which said that coercive steps were required to ensure his......

Airlines told to share international fliers' PNR with customs

Airlines will have to mandatorily share PNR (passenger name record) details of passengers with customs authorities 24 hours prior to departure of international flights, a move which will help......

Taxing times for Kingfisher Airlines staff continue

I-T department raises tax demand on them for unpaid tax deducted at source Shock and helplessness was writ on Sanjay Bahadur's face, a former employee of the now-defunct Kingfisher Airlines, when......

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......

Federal Bank recovers Rs 10 cr dues from defunct Kingfisher Air

Federal Bank, a part of the consortium that had given loans to Kingfisher Airlines, has recovered Rs 10 crore (Rs 100 million) till date and is making efforts to get back the remaining dues from......

Mallya's stake in Kingfisher Airlines drops below 10%

On Wednesday, IDBI Trusteeship invoked and transferred pledged equity shares worth 7.31 per cent in Kingfisher Airlines to the depository account of lenders. As a result, UB Group chief......

Mallya quits as Force India F1 director

'I have my own legal issues to take care of. So it's better that the company remains unaffected.' IMAGE: Vijay Mallya is fighting a court battle to prevent his extradition to India to face charges......