Kingfisher House In Mumbai

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  Banks To Again Auction Vijay Mallya's Kingfisher House, Goa Villa At Lower Prices

  In the coming week, a State Bank of India (SBI)-led consortium of banks will again auction Kingfisher House here and the Kingfisher Villa in Goa, once owned by industrialist Vijay Mallya, at lower reserve prices compared to the three failed previous auctions.

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  Vijay Mallya Gets Second Of A Possible 3 Orders To Appear In Mumbai

  Vijay Mallya, wanted in India by banks to whom his Kingfisher Airlines owes nearly a billion dollars, has been issued fresh summons by the Enforcement Directorate which has asked him to appear before it in Mumbai by April 2.

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  No Takers For Vijay Mallya's Kingfisher House In Online Auction

  One of Vijay Mallya's flagship properties in Mumbai, Kingfisher House, is being auctioned online today.

• Taxmen assert first claim to recover dues from Kingfisher

  Asserting its primary claim, the Income Tax Department has maintained that dues to it will have to be settled first by Vijay Mallya-led Kingfisher Airlines Limited, in the wake of a lender consortium of banks laying claim to "Kingfisher House" in Mumbai to recover part of their loans.

• IDBI Bank hopeful of recovering 80% of Kingfisher Airlines dues: report

  The declared collaterals include the Kingfisher House in Mumbai worth about Rs 150 crore, the Kingfisher Villa in Goa worth around Rs 90 crore and the brand Kingfisher which had a notional value of over Rs 4,000 crore when pledged.

• Banks seize Kingfisher House in Mumbai: report

  Lenders to his Kingfisher Airlines took possession of one of the group's corporate offices, Kingfisher House, in suburban Mumbai, the report said, quoting an unnamed bank official.

• Now, Kingfisher pilots threaten winding-up petition

  Mumbai-based pilots of grounded Kingfisher Airlines today served the company an ultimatum to clear their dues by January 31 or face a winding-up petition even as the management appealed to its Delhi-based engineers not to resort to any legal action.

• Kingfisher engineers to meet on January 20 on winding-up petition

  Employees of grounded Kingfisher Airlines, whose salaries have remained unpaid for the past eight months, are again in a defiant mood with the pilots today deciding to launch a hunger strike next week. Its engineers would also meet in Delhi on January 20 to discuss the filing of a closure petition against the beleaguered airline.

• Kingfisher employees take out candlelight march in Mumbai

  About 100 Kingfisher employees, including engineers and pilots, on Thursday took out a candlelight march from domestic airport to Kingfisher house in Mumbai to protest against the death of a technician's wife, who allegedly committed suicide due to financial stress in Delhi.

• Considering 'legal action' against Kingfisher Airlines: Service Tax chief

  The airline has service tax dues of Rs 50 crore rupees, and authorities may take “legal action” against it, a senior tax official said.

• Kingfisher Airlines to pay full value of Goa villa, Mumbai property to lenders

  Kingfisher Airlines has sought permission to remove Kingfisher Villa Goa and Kingfisher House in Mumbai from the security package.

• Lenders may sell Vijay Mallya's Goa villa: top 10 developments

  The lenders of Kingfisher Airlines on Thursday appointed mortgage firm HDFC to re-value two of the airline's properties. The consortium of lenders may decide on selling them to recover a part of their loans. The properties are the Kingfisher House in Vile Parle, Mumbai, and a villa in Goa.

• Kingfisher Airlines wins more time to stay aloft

  Embattled Kingfisher Airlines on Thursday won more time from lenders to develop a turnaround plan while its bankers moved ahead with the sale of two properties to recover a small fraction of what they are owed. The carrier has never made a profit in a struggling Indian airline industry and has seen its domestic market share fall from second to last...

• Stockbroker who bought Gandhi's Johannesburg house offers to help Kingfisher

  With the dream gone sour, Vijay Mallya's dream bird is willing to let go of its nest. The airline has revealed that apart from offloading 24.9 per cent stake in the company, Mallya is looking for buyers to Kingfisher House, the corporate office of the company, located at Vile Parle. In fact, well-known stockbroker and businessman Pradeep Bhavnani t...

• Kingfisher Airlines: Potential buyer offers Rs 300 crore for 24.9%

  Pradeep Bhavnani, a Mumbai-based stock broker, has offered to pick up a 24.9% stake in Kingfisher Airlines.