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Total 74 results found. Search for [ UBHL ]

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Rukmini Rao
January 4, 2019
The banks have urged the Karnataka High Court that in case it was to consider the settlement offer made by Mallya, the dues to the banks should be considered a priority.


PTI
December 17, 2018



PTI
December 11, 2018



Rukmini Rao
New Delhi, December 11, 2018
At hand is a civil matter, public sector bank consortium is looking to get back the money they lent to now defunct Kingfisher Airlines and United Breweries Holdings Limited which stood as its guarantor.


PTI
December 10, 2018



PTI
September 16, 2018
This would be first charge sheet in the case pertaining to loans of over Rs 6,000 crore given to Kingfisher by a consortium of 17 banks led by State Bank of India which alone had an exposure of Rs 1,600 crore.


BusinessToday.In
June 27, 2018
Vijay Mallya claimed that the value of his assets currently is much more than what it was in 2016.


BusinessToday.In
June 26, 2018
A week after he became the first person to be tried under India's new Fugitive Economic Offenders Ordinance, the former King of Good Times Vijay Mallya took to Twitter this afternoon to put forth his side of things.


BusinessToday.In
June 26, 2018
In a detailed five-page statement, the beleaguered tycoon claimed that despite making two public offers to settle the pending dues of Kingfisher Airlines, the ED has objected to sale of assets to repay KFA creditors which include public sector banks.


PTI
June 23, 2018
The action has been taken in pursuance of two bank loan money laundering cases of over Rs 9,000 crore involving the IDBI bank and a SBI-led consortium and these became predicate offences for the latest action under the Ordinance brought by the Modi government early this year.


Virendrasingh Ghunawat
New Delhi, June 21, 2018
The ED has said that Mallya is liable for three to seven years of rigorous imprisonment and up to Rs five lakh in fines for cheating over Rs 9,990 crore and laundering the proceeds of crime.


Munish Chandra Pandey
New Delhi, June 20, 2018
The agency further charged Mallya with diverting Rs 255 crore to the UK and from there transferring it into the account of his Formula 1 team. IN 2008, Mallya diverted Rs15.9 crore of the loan money from KAL account into the account of RCB.


BusinessToday.In
New Delhi, June 19, 2018
The ED also alleged that Mallya and other airline officials \"hatched a criminal conspiracy for obtaining/sanctioning of bank loan to Ms KAL in gross violations of established procedures and the firm had no intention for repayment of the loan\".


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
November 16, 2017
Markets regulator Sebi has ordered attachment of bank accounts as well as share and mutual fund holdings of defaulter businessman Vijay Mallya-led United Breweries (Holding) Ltd to recover dues totalling Rs 18.5 lakh.


PTI
New Delhi, June 16, 2017
The ED is set to confiscate a coffee estate in Coorg in Karnataka and other assets in Bengaluru which it had attached under the Prevention of Money Laundering Act, as it did with a Rs 100 crore farm house in Maharashtra's Alibaug recently.


Team BT
Delhi, February 18, 2017
N. Chandrasekaran, Chairman-Designate of Tata Sons, when asked why Indian IT companies did not do well in the products space. He was speaking at the Nasscom India Leadership Forum


PTI
New Delhi, February 8, 2017
This court has come to a conclusion that the respondent company UBHL deserves to be wound up for failure to discharge their duties to pay up their creditors.


PTI
January 19, 2017
In yet another blow to 'wilful defaulter' Vijay Mallya, Debt Recovery Tribunal on Thursday ordered the SBI-led consortium of banks to start the process of recovering over Rs 6,203 crore, at 11.5 per cent annual interest rate, from the embattled tycoon and his companies in the Kingfisher Airlines case.


PTI
Bengaluru, September 30, 2016
Beleaguered liquor baron Vijay Mallya said Kingfisher Airlines has turned out to be a 'nightmare' and blamed government's adverse taxation policies and higher fuel prices for the business failure.


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