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PTI
November 14, 2018



Reuters
November 14, 2018
Amazon's choice largely bypassed the middle of the United States, where many cities had hoped for an economic boost and bid for the new jobs.


BusinessToday.In
October 16, 2018
Global tax and advisory firm Grant Thornton has alleged that fugitive businessman Vijay Mallya's Kingfisher Airlines was not authorised to use its brand valuation report to raise funds.


PTI
October 12, 2018



Reuters
New Delhi, October 12, 2018
Search and seizure operations were conducted at the offices of United Breweries, Denmark's Carlsberg and the world's largest brewer Anheuser-Busch InBev (AB InBev) in at least two cities.


PTI
October 11, 2018



BusinessToday.In
New Delhi, August 3, 2018
Mallya, who has been on the run since March 2016 because of his failure to repay Rs 9,000 crore to various banks, is currently living in London.


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...


BusinessToday.In
June 13, 2018
The firm has 13.7% market share and ranks third in the Indian beer market. Kingfisher owner United Breweries with 39.2 percent market share is followed by Budweiser parent Anheuser-Busch InBev NV, which has 23.3 percent market share, according to Euromonitor International.


Sumant Banerji
New Delhi, June 12, 2018
UBL has a dominant 40 percent plus share in the overall Rs 56,200 crore domestic market but has a lower 20 percent share in the premium beer segment.


PTI
May 24, 2018



BusinessToday.In
New Delhi, May 9, 2018
The 62-year-old - who remains on a GBP 650,000 bail bond (over Rs 5.93 crore) since his arrest on an extradition warrant by Scotland Yard last April - is probably plotting the next course of action with his lawyers.


BusinessToday.In
April 19, 2018
Kingfisher is the flagship brand of United breweries Ltd. United Breweries had, in August last year, announced that its Chairman Vijay Mallya has ceased to be director of the company to comply with capital market regulator Sebi's order against him.


PTI
April 18, 2018



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