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Total 381 results found. Search for [ Kingfisher crisis ]

Results 1 to 21 of 381
BusinessToday.In
New Delhi, October 15, 2018
The Mumbai-based full-service airline has been suffering from the cash crunch for the past few months, resulting in constant delays in the salaries of its employees.


BusinessToday.In
New Delhi, June 19, 2018
ICICI Bank CEO Chanda Kochhar to be on leave till probe is over, Sandeep Bakhshi named COOThe ICICI Bank's Board of Directors has said that Chanda Kochhar, MD and CEO of ICICI Bank, will be on leave till the ongoing independent enquiry against her is completed. In its meeting, the Board also appointed Sandeep Bakhshi as the Whole Time Director and Chief Operating Officer (COO) designate. He will report to the ICICI Bank CEO. In its regulatory filing, ICICI Bank has also establishe...


PTI
May 9, 2018
The victory for the banks, which claimed the businessman had wilfully defaulted on the loans accessed from them, will enable them to enforce the Indian judgment against Mallya's assets in England and Wales.


Kundan Kishore
New Delhi, April 2, 2018
Stock prices can sometimes fall like a brick, but that does not mean you can bottom-fish. Here's how you can avoid a costly plunge.


Anand Adhikari
New Delhi, March 5, 2018
Steps that government, regulators and banks need to take to make the banking system more competitive, efficient and less fraud-prone.


BusinessToday.in
February 16, 2018
While it is the job of the investigating agencies to find out who engineered the billion-dollar scam, there is no denying the fact that there was a disintegrated system in place that allowed the official to execute the fraud and stay undetected for so long.


BusinessToday.in
New Delhi, February 12, 2018
As per the legal claim, Kingfisher Airlines signed an agreement with aircraft leasing company BOC Aviation to lease out four aircrafts in 2014. The company delivered three of them but the fourth one couldn't be delivered due to an advance payment issue.


BusinessToday.in
January 25, 2018
Former RBI governor Raghuram Rajan is not known to hold back his punches. And defaulting promoters are a pet target of his. He has said it many times before, and he's just said it again in Davos: Promoters of companies that go belly-up have to face strong consequences.


PTI
December 14, 2017
Vijay Mallya, who is undergoing an extradition trial in a UK court over Rs 9,000-crore fraud and money laundering charges, will face next year a parallel litigation brought by 13 Indian banks to freeze nearly $1.5 billion of his assets.


Anand Adhikari
Delhi, November 13, 2017
Armed with war chests, global distressed funds are eyeing troubled assets in India.


Reuters
November 11, 2017
Bankers and policymakers fear India could be throwing good money after bad with the capital injection announced last month, unless it tightens lending rules and institutes governance reforms to insulate banks from political pressure.


By Anand Adhikari
Delhi, April 20, 2017
If global history is any indication, it is high time for India to think out of the box or borrow tested global models. Many experts feel that setting up a bad bank will be a bold and radical idea.


By Anand Adhikari
Delhi, October 6, 2016
Mid and small companies, and the agriculture sector, are major contributors to banks' bad assets. The NPA levels of large corporations are now all set to change with the central bank closing the corporate debt restructuring window.


PTI
Mumbai, June 16, 2016
Domestic aviation industry is estimated to grow at 14 per cent helped by a positive outlook for crude prices.


By Anand Adhikari
Delhi, May 2, 2016
The government plans to shake up the traditional governance structures of public sector banks. But it is easier said than done.


PTI
Mumbai, March 11, 2016
Official sources said Vijay Mallya has been summoned to appear before investigators of the ED in Mumbai on March 18.


PTI
New Delhi, March 7, 2016
The liquor baron Vijay Mallya said he will continue to cooperate with investigative agencies related to the loans provided by banks to long-defunct Kingfisher Airlines.


PTI
New Delhi, March 4, 2016
Vijay Mallya, widely known as the 'King of Good Times' in his heydays, had to quit recently as Chairman of United Spirits - a company founded by his family in which he sold majority stake to UK-based liquor giant Diageo.


Manu Kaushik
August 18, 2015
Chairman Ajay Singh's hands-on approach has led to the gradual improvement in market share and financial performance in recent months. However, the challenges in front of SpiceJet are still daunting.


Venkatesha Babu
May 15, 2015
Mallya is an influential Member of Parliament and carries goodwill with several leading politicians cutting across political boundaries.


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