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.

Govt rejects Vijay Mallya's reappointment as Kingfisher MD; quits MCFL board too

Last Updated: Monday, December 1, 2014, 20:43

In a double-whammy for flamboyant businessman Vijay Mallya, the government has annulled his re- appointment as Managing Director of Kingfisher Airlines while he also had to quit from board of another group company MCFL.

Govt says no to Mallya's reappointment as Kingfisher CMD

Last Updated: Monday, December 1, 2014, 20:16

In a fresh blow to UB Group chief Vijay Mallya, the government has rejected an application by Kingfisher Airlines to re-appoint him as Managing Director.

Govt rejects Kingfisher Airlines' plea to re-appoint Vijay Mallya as MD

Last Updated: Monday, December 1, 2014, 19:06

Kingfisher Airlines, which was launched in 2005, has been grounded since October 2012 with Vijay Mallya removed from the post of Managing Director.

Kingfisher says to appeal winding-up plea by creditor

Last Updated: Monday, February 3, 2014, 11:17

Kingfisher, which has not flown in more than a year for want of cash, said it would appeal against the Karnataka High Court`s order admitting the petition by Aerotron Ltd. Kingfisher said Aerotron was an unsecured creditor.

Kingfisher Airlines employees file complaint against Mallya

Last Updated: Wednesday, January 8, 2014, 00:04

A section of Kingfisher Airlines employees Tuesday lodged a complaint here with the Delhi Police against its owner Vijay Mallya accusing him of "exploitation, false promises, fraud and breach of trust".

MGAT seeks govt nod to repair 14 grounded aircraft of KFA

Last Updated: Monday, January 6, 2014, 18:59

The aircraft (7 ATRs and 7 Air Bus 320) were grounded in various airports of Delhi, Chennai, Bengaluru and Kolkata due to operational problems and subsequent financial crisis faced by the airlines.

Kingfisher Airlines employees likely to go on hunger strike from today

Last Updated: Monday, January 6, 2014, 09:26

Trouble seems to be brewing once again for the crisis-hit Kingfisher Airlines with its employees threatening a hunger strike from Monday demanding a stringent action against the defaulting company.

Kingfisher employees to go on hunger strike from Jan 6

Last Updated: Thursday, January 2, 2014, 19:03

They also sought disqualification of corporate leaders from the membership of Parliament on charges of such default.

Arvind Kejriwal should not end up over promising: Vijay Mallya

Last Updated: Tuesday, December 31, 2013, 13:41

Liquor baron and promoter of Kingfisher Airlines, Vijay Mallya, hopes that the new Chief Minister of Delhi, Arvind Kejriwal does not end up over promising and under deliver in their enthusiasm.

Kingfisher Airlines employees to seek Arvind Kejriwal's help

Last Updated: Sunday, December 29, 2013, 16:06

The employees of the grounded Kingfisher Airlines, who have not been paid their salaries for the past 17 months, today said they will seek help from Delhi Chief Minister Arvind Kejriwal in getting their dues.