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Tuesday, November 5, 2024
TopicKingfisher airlines

Topic: Kingfisher airlines

UK court allows Indian banks to amend bankruptcy plea against Vijay Mallya

The high court judgment will help the banks led by SBI to move a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines.

Business tycoon Vijay Mallya appeals against UK court’s extradition order

Vijay Mallya also claimed that ED, CBI have treated him 'unreasonably' and also offered to repay banks 100 per cent of the principal amount owed to them.

Vijay Mallya let his 17-bedroom French mansion rot and defaulted on its loan too: Lender

Vijay Mallya’s palatial French island home which has a cinema, private helipad & even its own nightclub has fallen into disrepair, says Ansbacher & Co.

Vijay Mallya faces bankruptcy over Rs 10,600 crore unpaid debts

12 Indian banks have taken Vijay Mallya to a London court in what lawyers have described as ‘the end of the road’ in their long-running battle.

Two grounded airlines in a decade calls India boom into question

Jet Airways became the second local carrier to ground its entire fleet after Kingfisher Airlines suspended its operations in 2012

Ailing Jet Airways gets lifeline in debt swap deal with lenders

Jet Airways, which needs Rs 85 billion to help it get back on its feet, will be revamped, with banks becoming the biggest shareholders of the company. 

Vijay Mallya’s stud farm in Karnataka is selling horses to stay afloat

Vijay Mallya has owned the top-rated Kunigal Stud Farm since 1988, but after his escape to London, it has been struggling financially & is facing foreclosure.

Urjit Patel stands up for RBI autonomy

The 50-word Edit — ThePrint view on the most important issues, instantly.

‘Please take’ the money back, Vijay Mallya tells Indian banks

Mallya tweeted saying that he has offered to repay 100 per cent of the principal amount to the banks.

Vijay Mallya offers to pay back 100% he owes banks, pleads ‘please take it’

In a series of tweets, Vijay Mallya said he had offered to pay back 100% of the principal amount to banks and the government, but his offer was refused.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.