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Vijay Mallya Faces Fresh Money Laundering Charge Sheet, Fugitive Tag
In more trouble for liquor baron Vijay Mallya, the Enforcement Directorate or ED is set to soon file a fresh charge sheet against him and his companies on charges of money laundering and allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore, officials said today.
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Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
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Karnataka High Court Summons Vijay Mallya To Appear On November 24
The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.
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BSE Tweaks Circuit Limit Of United Breweries, Nine Others
To curb excessive volatility, stock exchange BSE on Monday revised the circuit limit for share movement of United Breweries (Holdings) Ltd and McDowell Holdings, which have surged by more than 40 per cent in last four trading sessions.
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Vijay Mallya Case: High Court Adjourns Hearing To April 11
The petition seeks unpaid dues of Rs 146 crore from the defunct Kingfisher Airlines promoted by UBHL. The creditors including BNP Paribas and State Bank of India are seeking winding up of UBHL to get back their dues.
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Vijay Mallya Case: High Court Adjourns Hearing To April 11
The Karnataka High Court today adjourned till April 11 the hearing of a two-and-a-half-year-old winding up petition against United Breweries Holdings Limited, the company controlled by beleaguered Vijay Mallya.
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Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo
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.
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Contempt Petition in Court Only Against Vijay Mallya, Say Banks
In February 2013, bankers publicly stated they had lost faith in the management's ability to revive the company.
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Consortium of 17 Banks Files Contempt Application Against Vijay Mallya
A consortium of 17 banks, which had collectively lent over Rs 7,000 crore to the crisis-ridden airline, have initiated recovery proceedings under the available legal avenues using the underlining securities which they had.
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United Breweries Holdings Posts Profit of Rs 3.59 Crore in Q2
United Brewaries (Holdings) Limited on Friday reported a net profit of Rs 3.59 crore for the quarter ended September 2014.
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BSE sets circuit limit of 10 per cent for United Breweries scrip
Bombay Stock Exchange (BSE) has revised the circuit limits for share movement of Vijay Mallya-led United Breweries (Holdings) Ltd and six other companies.
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Karnataka High Court summons Vijay Mallya in United Breweries winding up case
Certain companies, including BNP Paribas, which are creditors to United Breweries Holding Limited, had filed company petitions in the High Court seeking winding up of UBHL as the holding company was unable to pay its debts.
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Vijay Mallya gets Rs 1.5 crore pay from US, UK firms
Liquor baron Vijay Mallya has got a total remuneration of about Rs 1.5 crore from two overseas companies for the year 2012, as the amount remained unchanged from the previous year.
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Kingfisher gains on United Breweries loan hopes
Shares in Kingfisher Airlines gained by its daily limit of 5 per cent after controlling stakeholder United Breweries Holdings raised the amount it can lend to the ailing carrier.
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Kingfisher brand not been pledged, says United Breweries: full statement
United Breweries Holdings, the parent company of beleaguered Kingfisher Airlines, issued a statement today about the invocation of collateral pertaining to the recovery process initiated by bankers to the airline for loans worth Rs 7,500 crore. Here is the full text of the statement:
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Vijay Mallya Faces Fresh Money Laundering Charge Sheet, Fugitive Tag
In more trouble for liquor baron Vijay Mallya, the Enforcement Directorate or ED is set to soon file a fresh charge sheet against him and his companies on charges of money laundering and allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore, officials said today.
-
Vijay Mallya Case: Start Process To Recover Rs 9,000 Crore, Says Tribunal To Banks
The tribunal allowed the banks to recover the amount from Mr Mallya, Kingfisher Airlines, United Breweries Holdings Limited (UBHL) and Kingfisher Finvest.
-
Karnataka High Court Summons Vijay Mallya To Appear On November 24
The Debt Recovery Tribunal had last year restrained Standard Chartered Bank from transferring to Diageo Plc or anyone else the equity shares of United Breweries Holding Limited (UBHL) pledged by Mr Mallya and his son Siddharth with the bank.
-
BSE Tweaks Circuit Limit Of United Breweries, Nine Others
To curb excessive volatility, stock exchange BSE on Monday revised the circuit limit for share movement of United Breweries (Holdings) Ltd and McDowell Holdings, which have surged by more than 40 per cent in last four trading sessions.
-
Vijay Mallya Case: High Court Adjourns Hearing To April 11
The petition seeks unpaid dues of Rs 146 crore from the defunct Kingfisher Airlines promoted by UBHL. The creditors including BNP Paribas and State Bank of India are seeking winding up of UBHL to get back their dues.
-
Vijay Mallya Case: High Court Adjourns Hearing To April 11
The Karnataka High Court today adjourned till April 11 the hearing of a two-and-a-half-year-old winding up petition against United Breweries Holdings Limited, the company controlled by beleaguered Vijay Mallya.
-
Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo
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.
-
Contempt Petition in Court Only Against Vijay Mallya, Say Banks
In February 2013, bankers publicly stated they had lost faith in the management's ability to revive the company.
-
Consortium of 17 Banks Files Contempt Application Against Vijay Mallya
A consortium of 17 banks, which had collectively lent over Rs 7,000 crore to the crisis-ridden airline, have initiated recovery proceedings under the available legal avenues using the underlining securities which they had.
-
United Breweries Holdings Posts Profit of Rs 3.59 Crore in Q2
United Brewaries (Holdings) Limited on Friday reported a net profit of Rs 3.59 crore for the quarter ended September 2014.
-
BSE sets circuit limit of 10 per cent for United Breweries scrip
Bombay Stock Exchange (BSE) has revised the circuit limits for share movement of Vijay Mallya-led United Breweries (Holdings) Ltd and six other companies.
-
Karnataka High Court summons Vijay Mallya in United Breweries winding up case
Certain companies, including BNP Paribas, which are creditors to United Breweries Holding Limited, had filed company petitions in the High Court seeking winding up of UBHL as the holding company was unable to pay its debts.
-
Vijay Mallya gets Rs 1.5 crore pay from US, UK firms
Liquor baron Vijay Mallya has got a total remuneration of about Rs 1.5 crore from two overseas companies for the year 2012, as the amount remained unchanged from the previous year.
-
Kingfisher gains on United Breweries loan hopes
Shares in Kingfisher Airlines gained by its daily limit of 5 per cent after controlling stakeholder United Breweries Holdings raised the amount it can lend to the ailing carrier.
-
Kingfisher brand not been pledged, says United Breweries: full statement
United Breweries Holdings, the parent company of beleaguered Kingfisher Airlines, issued a statement today about the invocation of collateral pertaining to the recovery process initiated by bankers to the airline for loans worth Rs 7,500 crore. Here is the full text of the statement:
