CBI today carried out searches at residential and official premises of liquor baron Vijay Mallya and his now-defunct company Kingfisher Airlines in five places in connection with alleged default of
City-based lender United Bank of India has asked Vijay Mallya and three other directors of grounded Kingfisher Airlines to appear before a panel of the bank at the head office
Market regulator Sebi has sought clarifications from two rival bidders who have made offers for acquisition of additional stakes in Vijay Mallya-led UB Group's Mangalore Chemicals and Fertilisers Ltd (MCFL).
Liquor baron Vijay Mallya-led UB Group has decided to infuse $2 million in a US-based loss making firm Mendocino Brewing Company to revive its fortunes.
UB has also agreed to
Government today said Kingfisher Airlines has not yet given a revival plan to restart operations, even as employees are aggrieved over non-payment of salaries.
A week after its lenders decided to recover their dues, cash-strapped Kingfisher Airlines has started paying salaries to its employees apart from approaching the aviation regulator seeking licence renewal, sources
Shares in grounded carrier Kingfisher Airlines jumped as much as 9. 7 per cent on Thursday after a letter sent to staff from Chairman Vijay Mallya outlined plans for a
Diageo Plc was close to a deal for a stake in liquor baron Vijay Mallya's United Spirits Ltd after months of talks, sources with direct knowledge of the matter said,
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William D. Green
Chairman & CEO, Accenture