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Consortium again fails to find buyers for Kingfisher assets

Consortium again fails to find buyers for Kingfisher assets

Apr 30, 2016, at 08:29 pm

Mumbai, Apr 30 (IBNS) The 17-bank consortium led by the State Bank of India did not find buyers to bid for the brands and trademarks of Kingfisher Airlines, earlier owned by liquor baron Vijay Mallya, at an auction held on Saturday, according to media reports.

SC asks Mallya why his passport should not be impounded

SC asks Mallya why his passport should not be impounded

Mar 09, 2016, at 08:48 pm

Mumbai, Mar 9 (IBNS) The Supreme Court, which was hearing a plea made by a consortium of banks that Vijay Mallya should not be allowed to leave India, has issued notice to the former UB Group chairman why his passport should not be impounded, according to media reports.

ED registers money laundering case against Vijay Mallya

ED registers money laundering case against Vijay Mallya

Mar 07, 2016, at 10:37 pm

New Delhi, Mar 7 (IBNS): Adding troubles for liquor baron Vijay Mallya the Enforcement Directorate has registered a money laundering case against him and chief financial officer of now-defunct Kingfisher Airlines in connection with a bank fraud case.