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Tag Archives: Kingfisher

Vijay Mallya’s Private Jet Sold For Scrap

Liquor baron Vijay Mallya’s 11-seater private jet has been sold for scrap to pay for the dues on his grounded carrier Kingfisher Airlines at the Mumbai International Airport. Mumbai International Airport has auctioned his jet for Rs. 22 lakh. The ...

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Kingfisher not a wilful defaulter, says HC

This New Year, UB Group chief Vijay Mallya has a reason to celebrate. The Calcutta High Court has dismissed United Bank of India (UBI)’s decision to declare his grounded Kingfisher Airlines a wilful defaulter. The Kolkata-based lender had identified and ...

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Calcutta High Court rules in favour of Kingfisher

Vijay Mallya, ‘the king of good times’, has a reason to celebrate the New Year. The Calcutta High Court has dismissed United Bank of India’s (UBI) decision to declare grounded Kingfisher Airlines a wilful defaulter, three people familiar with the ...

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Kingfisher loan default only a trickle: Vinod Rai

As industrialist Vijay Mallya fights his wilful defaulter tag, former comptroller and auditor general (CAG) Vinod Rai has said Kingfisher Airlines’ loan default is just a “trickle” and the overall problem of huge bad loans at public sector banks can ...

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SC declares Kingfisher plea as infructuous

The Kingfisher Airlines had alleged that the order by GRC was passed yesterday, ignoring the plea that the director should be allowed to be represented through lawyers. The Supreme Court today refused to entertain a petition filed by  Kingfisher Airlines ...

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