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Total 126 results found. Search for [ United Breweries Holdings ]

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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
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
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.


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.


BT Online
September 18, 2017
The Stock Holding Corporation of India Ltd (SHCIL) has transferred the title and rights of shares worth Rs 100 crore of United Breweries Ltd (UBL), held directly and indirectly by Mallya, to the central government.


MG ARUN
New Delhi, April 24, 2017
As the London court hears a case to extradite him to India on several charges ranging from money laundering to tax evasion to loan default, hopes are high that at the end of it all, he will be handed over to the Indian authorities.


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
New Delhi, December 22, 2016
The re-auction of embattled businessman Vijay Mallya's Goa property, Kingfisher Villa, yet again turned out to be a damp squib today despite a reduction in reserve price by 5 per cent to Rs 81 crore by lenders.


PTI
New Delhi, October 19, 2016
While repeated attempts have been made without any success for sale of several other assets kept as collaterals by erstwhile Kingfisher Airlines of the Mallya-led UB Group, the famed Villa was put under hammer for the first time.


PTI
New Delhi, October 18, 2016
The 17-lender consortium led by State Bank of India will auction the Kingfisher Villa, the sea-facing plush property once-owned by the beleaguered Vijay Mallya in Goa, on Wednesday. The reserve price for the property, which once was used by Mallya to host lavish parties, has been set at Rs 85.29 crore.


Mail Today Bureau
Bengaluru, September 30, 2016
In a video message to shareholders at the annual general meeting of United Breweries Holdings Ltd (UBHL), Mallya alleged, \"I have been accused of stealing and siphoning off Rs 6,000 crore out of the Kingfisher Airlines without any legal basis, whatsoever.\"


BT Online
New Delhi, September 29, 2016
The headline indices were trading in a range tracking positive trend seen in Asian markets after an OPEC agreement to limit crude output fueled a rally in oil and more than offset nervousness about a tight race for the US presidency.


BT Online
New Delhi, September 29, 2016
Asian markets rallied after OPEC members agreed to curb output in a surprise deal, though investors were wary of chasing markets higher as the US presidential election nears.


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