Vijay Mallaya

  • United Bank of India declares Vijay Mallya as wilful defaulter September 1, 2014

    New Delhi: Staterun United Bank of India on Monday became the first lender to declare debtridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters. "We have declared Vijay Mallya and three other directors of Kingfisher Airlines as wilful defaulters," United Bank of India Executive Director Deepak Narang told PTI. The...
  • SBI takes possession of Kingfisher House August 12, 2013

    In another setback for Kingfisher Airlines Chairman Vijay Mallya, the Kingfisher Airlines House in Mumbai will now be auctioned. The State Bank of India, which is a lender to the airlines, took possession of the Kingfisher House on Saturday. ...
  • Bank bailout for Kingfisher hangs in balance February 22, 2012

    NEW DELHI/MUMBAI Lenders to Kingfisher Airlines have not agreed to extend further loans to the debtcrippled carrier, three banking sources said on Wednesday after reports that State Bank of India had agreed on a bailout loan package. Several newspapers reported that SBI had agreed to throw a lifeline to Kingfisher,...
  • Katrina opts out as brand ambassador for RCB February 26, 2011

    Katrina opts out as RCB's brand ambassador, Deepika being rumoured to replace her. ...
  • Delhi: First Asian City to host FIA awards December 15, 2010

    Chennai: India will become the first Asian country to host the annual Federation Internationale de l'Automobile (FIA) Gala Awards function after the Federation of Motor Sports Clubs of India (FMSCI) announced on Wednesday that the ceremony will be held in New Delhi in 2011. The FIA recently approved the presentation put...
  • Drama over Bapu's items ends in a victory for India March 6, 2009

    New Delhi: High voltage drama unfolded and escalated by the minute in New York's Manhattan as the Antiquorum Auction House readied itself to up the curtains on Gandhi's items. James Otis, the owner of lot number 364 called an unplanned, unscheduled press conference on the sidewalks just outside the auction...
  • India to sue, wants auction declared illegal March 6, 2009

    New Delhi: There's still a chance that India might be able get back Gandhi's memorabilia free of cost and Vijay Mallaya - who bid at the auction and won - may get back his money too. Government sources tell CNN-IBN that India is now aggressively pursuing the legal angle in the...
  • Kingfisher cancels order five for A-340s October 16, 2008

    Kingfisher Airlines has cancelled the order for five A-340 aircraft which had been booked two years ago. CNN-IBN's Aviation Correspondent Karma Paljor spoke to Executive Vice-President, Sales and Marketing, Kiran Rao for the Airbus. Karma Paljor: Has Kingfisher cancelled the A-340 order? Kiran Rao: Sure. We had a discussion. I wouldn't...
  • Kingfisher awaits DGCA clearance for foreign flights May 20, 2008

    New Delhi: If the legal merger of Kingfisher Airlines and Air Deccan is completed by July there is a possibility of Kingfisher flying abroad. The Directorate General of Civil Aviation (DGCA) will have a final say in the matter. Kingfisher will induct about 10 wide-body aircrafts to start flights from Bangalore to...
  • The Week That Wasn't: Cyrus trips on IPL April 21, 2008

    In this week's episode The Week That Wasn't Cyrus Broacha is at his rib-tickling best as he takes on the IPL. ...
  • Experts favour Kingfisher-Air Deccan merger December 19, 2007

    New Delhi: UB Chief Vijay Mallya has said that Kingfisher Airlines could merger into Air Deccan. The consulting firm Accenture — hired to look into potential synergies between the two airlines — presented its report at a meeting on Wednesday and according to sources, the consultants favour a merger between the...
  • Can Kingfisher afford Airbus A380? June 19, 2007

    New Delhi: It's the biggest bird ever, and its now in India - the A380 aircraft. Brushing aside fears that it may not fit in Indian airports, the A380 landed in time to celebrate Kingfisher Airlines' second birthday. Kingfisher has ordered five such aircraft starting 2010 - when it begins...
  • Bangalore gets a slice of New York November 27, 2006

    Bangalore: Private developers are all set to bring in a slice of New York into the garden city of Bangalore. A whole league of sky scrappers and multi-towered complexes are being built by private developers and corporates giants in Bangalore—something that will perhaps define its future look. Multi tower complex...