Kingfisher airlines saga: SFIO seeks loan info from banks

Beleaguered liquor baron Vijay Mallya and Kingfisher airlines owe over Rs9,000 crore, including hobby, to a consortium of 17 lenders led by using kingdom financial institution of India. Mallya saga: SFIO seeksmortgage info from banks Mumbai: The critical Fraud research office (SFIO), the investigative employer for white collar crimes, has sought loan info from lenders […]

Court begins hearings on pleas to wind up Kingfisher Airlines, UB

The Karnataka High Court on Friday began final hearing on the petitions filed by secured and unsecured creditors of Kingfisher Airlines Ltd (KFL) seeking winding up of KFL as well as businessman Vijay Mallya-led UB (Holdings) Ltd, which is the promoter of the KFL. Justice Aravind Kumar, who heard the arguments of counsel representing BNP Paribas, a […]