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Will discuss the issue bilaterally with Diageo: Vijay Mallya

Last Updated: Monday, April 27, 2015, 17:14

Liquor baron Vijay Mallya, who has been asked to quit from the chairmanship of the board of Diageo-controlled United Spirits, Monday said he will discuss the issue bilaterally with the world's largest spirits maker.

USL shares down 2.5% as Mallya asked to quit board

Last Updated: Monday, April 27, 2015, 13:02

The stock lost 2.44 per cent to Rs 3,330 on the BSE, while at NSE, it went down by 2.52 per cent to Rs 3,330.

SC rejects Kingfisher's plea challenging Rs 372 Cr TDS demand

Last Updated: Tuesday, April 7, 2015, 18:03

A bench of Justices Ranjan Gogoi and N V Ramana rejected Vijay Mallya-owned airlines' plea against the High Court's order.

Five airlines' owe over Rs 664 cr to AAI

Last Updated: Tuesday, February 24, 2015, 19:16

Five private carriers, including the grounded Kingfisher, had to pay dues worth over Rs 664 crore to the Airports Authority of India (AAI) at the end of December 2014, the government said Tuesday.

Contempt petition filed only against Vijay Mallya: Bank consortium counsel

Last Updated: Wednesday, January 7, 2015, 19:06

Contempt petition in the Karnataka High Court has been filed only against liquor baron Vijay Mallya alleging breach of an oral undertaking given before the Debt Recovery Tribunal that they would not alienate unencumbered assets nor deal with them, Counsel for a consortium of banks clarified Wednesday.

Kingfisher Airlines' flying license to expire today

Last Updated: Wednesday, December 31, 2014, 08:47

The doors are finally going to be shut on the defunct Kingfisher Airlines as the two-year term to renew its Air Operator Permit expires on December 31 midnight.

Kingfisher Airlines' flying license to expire Dec 31; doors could be shut

Last Updated: Sunday, December 28, 2014, 11:02

The doors are finally going to be shut on the defunct Kingfisher Airlines as the two-year term to renew its Air Operator Permit expires on December 31 midnight.

Grounded Kingfisher Airlines to pay Rs 12.9 lakh to ex-pilot

Last Updated: Tuesday, December 23, 2014, 16:04

A Delhi court has directed the grounded Kingfisher Airlines to pay the outstanding salary of three months amounting to Rs 12.91 lakh to one of its ex-pilots who had moved court over non-payment of dues.

Delhi HC reserves judgement on Kingfisher, Vijay Mallya wilful defaulter case

Last Updated: Wednesday, December 10, 2014, 22:37

Kingfisher had moved the court seeking directions to the bank to rescind its August 21 notice and those issued earlier as well as to restrain it from taking any action against the airlines in pursuance of the same.

Not a wilful defaulter, Kingfisher Airlines tells UCO Bank

Last Updated: Friday, December 5, 2014, 22:08

Kingfisher Airlines has objected to being identified as a 'wilful defaulter' by state-run UCO Bank, which had sent a notice following non-repayment of a Rs 450 crore loan by the grounded carrier.

Vijay Mallya's exit brings fizz to UB stocks; troubles mount further

Last Updated: Tuesday, December 2, 2014, 21:07

In an irony of sorts, self-proclaimed 'King of Good Times' Vijay Mallya Tuesday saw shares of his various group companies soar higher even as fresh troubles surfaced in form of the group's holding entity being slapped with yet another 'wilful defaulter' tag.

United Bank of India identifies UB Holding as wilful defaulter

Last Updated: Tuesday, December 2, 2014, 16:02

The bank has already declared Kingfisher Airlines and its four directors, including Mallya, as wilful defaulters.