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Kingfisher Finvest

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Mallya sells more shares in Kingfisher Airlines

Kingfisher Finvest India, owned by Vijay Mallya, has sold 16 million shares in grounded Kingfisher Airlines. The sale is the second in a fortnight by the company, bringing down its holding in the......

2 Kingfisher promoters release 5.64 crore pledged shares

Grounded carrier Kingfisher Airlines on Wednesday said promoters United Breweries Holdings and Kingfisher Finvest India have released about 5.64 crore pledged shares. United Breweries Holdings,......

Banks told to recover Rs 6,203 crore from Mallya

The order brings an end to the nearly three-year legal battle in the Tribunal by the consortium, comprising 17 banks, to recover the money owed to them by the defunct airlines. The Debt Recovery......

UB Group takes lenders to court

UB Holdings Ltd and its chairman, Vijay Mallya, have taken the company’s 17 lenders, including SBI Caps Trustee Company, to the Bombay High Court against the recovery process initiated by......

Kingfisher Airlines' lenders look to sell USL shares

Lenders to the UB Group-owned Kingfisher Airlines have stepped up their efforts to get back their Rs 6,000 crore (Rs 60 billion) loan to the now-grounded airline. IDBI Trusteeship Services, in its......

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