Kingfisher Airlines Chairman Vijay Mallya

Kingfisher Airlines (KFA) founder Vijay Mallya is a "victim of flamboyance and arrogance rather than any political conspiracy", Air Deccan chairman G R Gopinath has said.

UB Group chairman Vijay Mallya, who two month ago was held guilty of contempt of court and was told to appear before the Supreme Court, did not turn up today

Meanwhile, the UB Group spokesperson also confirmed the visit of the CBI officials to their offices and stated that they were cooperating with them.

A Delhi court issued a fresh non-bailable warrant (NBW), the second one today, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.

A Delhi court issued a fresh non-bailable warrant (NBW), the second one, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.

United Spirits Ltd (USL) said an additional inquiry into its past financial statements has uncovered actual and potential fund diversions linked to its former chairman Vijay Mallya.

Indian business tycoon Vijay Mallya, under pressure from banks to repay more than dollar 1 billion owed by his collapsed airline, has decided to not seek re-election as chairman of French drugmaker Sanofi's India unit, the company said.

Union Finance Minister Arun Jaitley on Monday said the behaviour of liquor baron Vijay Mallya, the chairman of grounded Kingfisher Airlines and who has defaulted on Rs 9,000 crore repayment to 17 banks, has brought the private sector entrepreneurs in India a "terrible name."

Heineken acquired a 37.5 per cent stake in United Breweries in 2008 through its takeover of Scottish & Newcastle and has since increased its holding to 42.4 per cent.

A consortium of 17 lenders to the long grounded Kingfisher Airlines has decided to move the Debt Recovery Tribunal (DRT) against the airline's chairman Vijay Mallya to stake claim on the $75 million (Rs 515 crore) severance package he will be getting for quitting United Spirits Ltd (USL).

The Central Bureau of Investigation (CBI) on Thursday examined UB Group Chairman Vijay Mallya in connection with its probe into alleged loan default of Rs 900 crore taken from IDBI bank.

UB Group Chairman Vijay Mallya was today examined by the Central Bureau of Investigation in connection with its probe into the alleged loan default of Rs 900 crore taken from IDBI bank.

Interestingly, the Kolkata-based lender was the first bank to attempt to get Vijay Mallya, the chairman of Kingfisher Airlines, tagged as a wilful defaulter.

With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd.

Alleging fund diversion to Kingfisher and other United Breweries group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as chairman and director of the Indian liquor firm, a demand he has rejected.

Kingfisher Airlines (KFA) founder Vijay Mallya is a "victim of flamboyance and arrogance rather than any political conspiracy", Air Deccan chairman G R Gopinath has said.

UB Group chairman Vijay Mallya, who two month ago was held guilty of contempt of court and was told to appear before the Supreme Court, did not turn up today

Meanwhile, the UB Group spokesperson also confirmed the visit of the CBI officials to their offices and stated that they were cooperating with them.

A Delhi court issued a fresh non-bailable warrant (NBW), the second one today, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.

A Delhi court issued a fresh non-bailable warrant (NBW), the second one, against Vijay Mallya, Chairman of the grounded Kingfisher Airlines, in a 2012 cheque bounce case following his non-appearance.

United Spirits Ltd (USL) said an additional inquiry into its past financial statements has uncovered actual and potential fund diversions linked to its former chairman Vijay Mallya.

Indian business tycoon Vijay Mallya, under pressure from banks to repay more than dollar 1 billion owed by his collapsed airline, has decided to not seek re-election as chairman of French drugmaker Sanofi's India unit, the company said.

Union Finance Minister Arun Jaitley on Monday said the behaviour of liquor baron Vijay Mallya, the chairman of grounded Kingfisher Airlines and who has defaulted on Rs 9,000 crore repayment to 17 banks, has brought the private sector entrepreneurs in India a "terrible name."

Heineken acquired a 37.5 per cent stake in United Breweries in 2008 through its takeover of Scottish & Newcastle and has since increased its holding to 42.4 per cent.

A consortium of 17 lenders to the long grounded Kingfisher Airlines has decided to move the Debt Recovery Tribunal (DRT) against the airline's chairman Vijay Mallya to stake claim on the $75 million (Rs 515 crore) severance package he will be getting for quitting United Spirits Ltd (USL).

The Central Bureau of Investigation (CBI) on Thursday examined UB Group Chairman Vijay Mallya in connection with its probe into alleged loan default of Rs 900 crore taken from IDBI bank.

UB Group Chairman Vijay Mallya was today examined by the Central Bureau of Investigation in connection with its probe into the alleged loan default of Rs 900 crore taken from IDBI bank.

Interestingly, the Kolkata-based lender was the first bank to attempt to get Vijay Mallya, the chairman of Kingfisher Airlines, tagged as a wilful defaulter.

With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd.

Alleging fund diversion to Kingfisher and other United Breweries group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as chairman and director of the Indian liquor firm, a demand he has rejected.