- Reuters•3 months ago
Exiled tycoon Vijay Mallya said on Sunday that Indian authorities trying to recover about $1.4 billion from his collapsed Kingfisher Airlines had no legal grounds for sequestering certain assets in a money laundering case. The Enforcement Directorate (ED) tweeted on Saturday that it had "attached" properties worth 14.11 billion Indian rupees ($210.78 million) in the case involving a loan from state-owned IDBI Bank (IDBI.NS) to Kingfisher to buy properties abroad. The assets were purchased several years before Kingfisher was launched, Mallya said in a statement to the media on Sunday.
- Bloomberg•4 months ago
Vijay Mallya, the Indian ex-billionaire battling creditors seeking to recover dues, offered to deposit 15.9 billion rupees ($240 million) with India’s top court to establish his intent to settle with lenders ...
- Bloomberg•5 months ago
Airbus Group SE, whose A380 jet doesn’t have a single customer in India, is still looking for a carrier in the South Asian country to buy the superjumbos, betting infrastructure growth in the world’s fastest ...
KINGFISHER AIRLINES LTD. (KFA.BO)
BSE - BSE Delayed Price. Currency in INR
At close: 6:22 AM EDT
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