Mallya donated the gold after offering worship and requested temple authorities to use it for gilding the doors at the sanctum sanctorum, Tirumala Tirupati Devasthanams deputy executive officer (temple) Chinnamgari Ramana told PTI.
Kingfisher chief executive officer Sanjay Agarwal met Director General of Civil Aviation Arun Mishra in New Delhi for 45 minutes to apprise him of the prevailing scenario facing the airline, but sources said he gave no information about any commitment by the airline's parent company, UB Group, on financing the revival plan.
Mallya and UBHL now hold a little over 3.3 per cent in USL.
The parent company, UB Group, is willing to pump in money.
Aviation Minister said that the UB group did not say they are going to give money to the ailing airline.
Pune firm buys 24.46% stake from open market to become largest shareholder.
Anil Ambani has interests in power, telecom and other infrastructure sectors.
The foreign institutional investors have more than doubled their holding to 2.46 per cent stake in Vijay Mallya-led UB group's Kingfisher Airlines, while small individual shareholders hiked their holding significantly to 17.59 per cent during the quarter ended September 30.
Acquires 50 per cent stake for $36 million in United National Breweries.
Among the country's three listed airlines also, Kingfisher chief executive officer Sanjay Agarwal's pay package was the second highest in the last fiscal ended March 31, 2012, as per the remuneration details provided in their annual reports.
Following the government move to allow FDI policy in the civil aviation sector, Chairman of debt-ridden Kingfisher Airlines Vijay Mallya on Wednesday said the carrier was in talks with foreign airlines.
It said a meeting would be held with the airline's management soon.
The company hiked its loan limit to the debt stricken carrier to Rs 750 cr from Rs 300 cr.
Losses and lack of bank funds no reason to shut company, says minister
The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
UB Group Chairman Vijay Mallya has turned down suggestions from banks that he should give a personal guarantee as a precondition for additional funding to the cash-strapped Kingfisher Airlines.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
After hearing Kingfisher's plea, the COMPAT observed that the CCI had acted beyond its scope in the matter and set aside the penalty.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
Q&A with UB Group chairman Vijay Mallya on Diageo deal
Other corporate leaders, including Biocon chief Kiran Mazumdar Shaw, UB Group Chairman Vijay Mallya and Mahindra Group vice-chairman Anand Mahindra, have also expressed concerns over the current state of economy in the country.
UBHL chairman sold 8.41% stake, but didn't disclose.
With no end in sight to the 16-day impasse over a lockout and strike by its workers, Kingfisher Airlines management has called a meeting with their representatives on Wednesday in a last-ditch effort to convince them to return to work.
Kingfisher Airlines's has hit a rough patch again with three of its directors resigning for better prospects.
Mallya has been contending that he is the rightful owner of 'Officers Choice' and not Chhabria who currently owns it under his company Allied Blenders and Distillers.
The company agrees to give interim funding till the airline gets an equity partner
The deal comes at a huge cost to minority shareholders who have till date lost close to Rs 5,500 crore that were written off United Spirits' books
Nearly six months after he put the stake sale process of Whyte & Mackay on the fast track to find a solution to United Spirits' high leverage, UB Group Chairman Vijay Mallya is understood to be nearing a deal to offload 49 per cent stake in the flagship subsidiary.
Mallya had bought the pedigree scotch major, based in Scotland, for $1.2 billion in 2007.
Five years after the Dutch brewer took 37.4% in Vijay Mallya's UB, it has bought another 1.35%.
Mallya said he was being advised by lawyer Harish Salve.
Spin bowler Harbhajan Singh's mother has filed a legal notice against a liquor company for running an advertisement in which captain Mahendra Singh Dhoni ridicules her son, local media reported on Tuesday.
After excluding the shares they have pledged, the promoters hold a meagre 3.55 per cent in the crisis-ridden airline.
Market regulator Sebi has sought additional details from global liquor giant Diageo with regard to its Rs 5,441 crore (Rs 54.41 billion) open offer for acquiring 26 per cent stake in UB Group firm United Spirits Ltd.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
The company's exposure relating to Kingfisher Airlines is under various accounts including corporate guarantees to banks.
Mallya and his UB Group companies, including Kingfisher Finvest, held a 32.12 per cent stake in the airlines as of September.
All companies stock price surged on the news that UB Group has reached a deal with the world's largest spirit maker Diageo for a stake sale.
United Breweries Ltd on Friday posted a net profit of Rs 34.2 crore (342 million) for the second quarter ended September 30, as against Rs 19.5 crore (195 million) in the year-ago period.
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