Kingfisher

Tata Motors, Kingfisher Airlines owe over Rs 1,000 crore each in indirect tax

Tata Motors and Kingfisher Airlines are among the four companies that owe over Rs 1,000 crore in indirect taxes to the exchequer, Parliament was informed on Friday.

Nov 25, 2016, 15:20 PM IST

Vijay Mallya PMLA case: ED to seize fresh assets worth Rs 17,00 crore

With a special PMLA court allowing its plea for further attachments, ED will soon seize fresh assets worth Rs 1,700 crore, under CrPC laws, of liquor baron Vijay Mallya in connection with its money laundering case against him and others.

Nov 11, 2016, 14:59 PM IST

Courts issue two NBWs against Vijay Mallya, say he has no intention to return to India

In a double whammy, two non- bailable warrants (NBW) were on Friday issued against beleaguered businessman Vijay Mallya in separate criminal cases by two courts here, observing that he neither has any regard for law, nor any intention to return to India.

Nov 04, 2016, 19:25 PM IST

Vijay Mallya case: Debt Recovery Tribunal raps banks for casual approach

Terming GoAir and Indigo as "innocent" third parties, the Debt Recovery Tribunal has rapped banks for filing interim applications in a "casual and routine manner" to make them party to the Vijay Mallya case.

Oct 21, 2016, 18:35 PM IST

Expedite sale of Vijay Mallya's jet: HC to Service Tax dept, loan default case, PMLA

The Bombay High Court on Friday directed the Service Tax department to complete the process of re-auction and sale of businessman Vijay Mallya's private aircraft by December 15

Oct 14, 2016, 16:47 PM IST

Vijay Mallya's plane: HC paves way for fresh auction

The Bombay High Court on Monday allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.

Sep 26, 2016, 21:41 PM IST

Vijay Mallya row: DRT to pass interim order in Indigo, GoAir case

The Debt Recovery Tribunal will pass an interim order on Tuesday on the plea of a consortium of banks seeking a direction to Indigo and GoAir airlines under garnishee proceedings to deposit with it the money to be paid to Airbus by them, in a Kingfisher Airlines case.

Sep 26, 2016, 19:24 PM IST

Mallya cheque bounce cases: Court sends KFA official Raghunathan to 18 month jail

Former Chief Financial Officer (CFO) of the grounded carrier Kingfisher Airlines Ltd, A Raghunathan, was on Thursday sentenced to 18-month imprisonment by a court here in connection with two cheque bounce cases filed against him and businessman Vijay Mallya by GMR Hyderabad International Airport Ltd.

Sep 22, 2016, 18:21 PM IST

Vijay Mallya flew away just like 'Kingfisher' bird: Bombay High Court

Vijay Mallya, Chairman of the now-defunct Kingfisher Airlines, is facing action after defaulting on over Rs 9,000-crore loan from 17 banks.

Sep 19, 2016, 16:03 PM IST

Want to come to India but passport revoked: Vijay Mallya to Court

Vijay Mallya wants to return to India but he is "incapacitated" to travel despite his "best intentions" as his passport has been revoked by the Indian authorities, the liquor baron's counsel told a city court on Friday.

Sep 09, 2016, 17:36 PM IST

Vijay Mallya's assets worth Rs 6,630 crore attached by ED

The Enforcement Directorate (ED) on Saturday issued its second attachment order for assets worth Rs 6,630 crore against beleaguered businessman Vijay Mallya.

Sep 03, 2016, 14:06 PM IST

Service Tax Dept may go for reauction of Vijay Mallya's jet

The Service Tax Department may go for another round of bidding for luxury jet of embattled businessman Vijay Mallya as the highest bid received during the auction here was a measly Rs 27 crore against the reserve price of Rs 152 crore.

Aug 19, 2016, 19:12 PM IST

CBI files FIR against Vijay Mallya in SBI loan default case

In the latest, CBI has filed FIR against Vijay Mallya in SBI loan default case.

Aug 13, 2016, 13:08 PM IST

Vijay Mallya deals brings Diageo under Sebi lens

In brewing troubles for Diageo, markets regulator Sebi is mulling directing the British liquor giant to make additional payment to United Spirits' minority shareholders from whom it had acquired shares under an open offer in 2013 to compensate them for some 'preferential' treatment to the erstwhile promoter Vijay Mallya.

Jul 31, 2016, 16:26 PM IST

Vijay Mallya refutes USL's allegations on fund diversion

A day after United Spirits disclosed Rs 1,225 crore fund diversion by the erstwhile promoters to entities linked to Vijay Mallya, the embattled businessman today said all transactions were "legal and above board" and the company was now making "unfounded allegations".

Jul 10, 2016, 14:40 PM IST

United Spirits enquiry reveals Vijay Mallya and his firms diverted over Rs 1,225.30 crore

In an additional enquiry, United Spirits Ltd (USL), the Diageo Plc-controlled company, said that Vijay Mallya and his firms have diverted funds over Rs 1,225.30 crore between October 2010 and July 2014.

Jul 09, 2016, 18:29 PM IST

Court directs Vijay Mallya to appear in a FERA violation case, cancels exemption

A Delhi court on Saturday cancelled the exemption granted to liquor baron Vijay Mallya from personal appearance in a case lodged for allegedly evading summons in connection with a FERA violation case.

Jul 09, 2016, 17:17 PM IST

Vijay Mallya makes rare public appearance in Silverstone

Embattled Indian business tycoon Vijay Mallya today made a rare public appearance in the United Kingdom as he attended the Free Practice sessions ahead of Sunday's British Grand Prix, here.

Jul 08, 2016, 18:03 PM IST

Vijay Mallya case: HC stays for 3 months DRT order issuing demand notice to UBHL

The Karnataka High Court has stayed for three months the Debt Recovery Tribunal's order issuing a demand notice to Vijay Mallya-owned United Breweries Holdings Limited (UBHL) and Kingfisher Airlines to pay Rs 192 crore on an application by three banks.

Jun 18, 2016, 06:15 AM IST