Kingfisher Airlines
End near for Kingfisher Airlines as HC orders winding up
19 Nov 2016
An official liquidator will now take charge of the assets and books of the grounded airline after the Karnataka High Court ordered its winding up, but there is no sign of when creditors will recover their money
ED seizes Rs1,600-cr worth of Vijay Mallya’s assets in PMLA case
12 Nov 2016
These seizures will be over and above the two earlier attachments worth around 8,000 crore under anti-money laundering laws
Mallya served two non-bailable warrants in one day
05 Nov 2016
A Delhi court on Friday issued a fresh non-bailable warrant (NBW), the second one in a day, against beleaguered liquor baron and chairman of grounded Kingfisher Airlines, Vijay Mallya, over refusal to present himself in a 2012 cheque bounce case
Vijay Mallya has Rs16,440 in hand and Rs12.6-cr frozen deposits
26 Oct 2016
Mallya did not explain where the $40 million he received in February this year as part of $75 million settlement agreed with Diageo has gone
Eight Kingfisher cars up for auction on Monday
25 Jul 2016
UK won’t deport Mallya, but open to extradition
11 May 2016
Britain has told India that it can’t deport Vijay Mallya as he entered the country on a valid passport, and India will have to go through the longer process of seeking his extradition
In ‘forced exile’, Mallya has ‘no plans’ to return to India
30 Apr 2016
In a long interview with a London newspaper, liquor baron Vijay Mallya claimed he was the victim of an inflamed media and government agencies, and he had no idea where the figure of Rs9,000 crore owed to banks had come from
SC directs Vijay Mallya to disclose all overseas assets to banks
26 Apr 2016
Mally’s counsel CA Vaidyanathan told the Supreme Court that the assets held by Kingfisher founder Vijay Mallya and his estranged wife and children were not covered under the personal guarantee given to the banks
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
