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The Case of Vijay Mallya and Kingfisher Airlines - Seven ...
- https://sevenpillarsinstitute.org/the-case-of-vijay-mallya-and-kingfisher-airlines/
- May 31, 2019 · 2005: Vijay Mallya chairman of United Breweries (Holding) Limited, started the luxury airline: Kingfisher Airlines. 2007: Vijay Mallya acquires Air Deccan, which was a low-cost airline, from owner Capt. Gopinath. 2008: The Air Deccan takeover was formalized and UB group paid up Rs.550 crores (US$79 million) for its stake of 26% in the company.Estimated Reading Time: 10 mins
Vijay Mallya Used Freebies to Influence Officials and ...
- https://thewire.in/business/vijay-mallya-sfio-freebies
- Oct 07, 2017 · Vijay Mallya Used Freebies to Influence Officials and Politicians, Says Fraud Office. Emails accessed allegedly contain information on corporate espionage, freebies to …
Vijay Mallya Scam: A Story of Luxury, Lifestyle and Greed
- https://blog.finology.in/investing/vijay-mallya-scam
- Oct 28, 2020 · Negligence of Banks. A controversy also surfaces when it comes to the means used and collateral by the banks or their officials to provide Mallya with these loans. As shown above, BOI had lent a loan of 300 crores to Vijay Mallya on commodities like office stationery, boarding pass printers, and also folding chairs as collateral. The banks' readiness to give loans based on such current assets ...
Vijay Mallya Scam Demystified Vijay Mallya Case Study ...
- https://tradebrains.in/vijay-mallya-scam/
- Jul 13, 2020 · A Study on Vijay Mallya Scam Case: Vijay Vittal Mallya, once known to you and me as ‘The King of Good Times’ or also dubbed ‘ The playboy of the East’ was born to the Indian Entrepreneur Vittal Mallya in 1955. Vittal Mallya was largely known for the role played as the director of United Breweries (UB) Group which he achieved at the age of 23.Estimated Reading Time: 10 mins
Desi taxpayers paid for Vijay Mallya's plush London home ...
- https://www.businesstoday.in/latest/corporate/story/india-taxpayers-paid-for-vijay-mallyas-plush-london-home-92301-2017-10-05
- Oct 05, 2017 · The plush London residence of fugitive billionaire Vijay Mallya called Lady Walk was bought using the Indian tax payer's money routed through companies located in …
Vijay Mallya: Mallya loan default case: Banks' claim of Rs ...
- https://economictimes.indiatimes.com/news/india/mallya-loan-default-case-banks-claim-of-rs-6200-cr-loss-not-imaginary-says-court/articleshow/83177025.cms
- Jun 02, 2021 · Vijay Mallya is an accused in a bank loan default case of over Rs 9,000 crore, which involved his defunct Kingfisher Airlines On May 24, the court had ordered the release of properties worth Rs 4,234.84 crore, while on Tuesday it ordered release of properties worth Rs 1,411.70 crore.
All corporate ethics compromised in Kingfisher Airlines ...
- https://indianexpress.com/article/business/companies/all-corporate-ethics-compromised-in-kingfisher-airlines-deccan-aviation-deal-serious-fraud-investigation-office-4945586/
- Nov 20, 2017 · A probe by the Serious Fraud Investigation Office (SFIO) has found that “all corporate ethics were compromised” in the merger between Vijay Mallya-controlled Kingfisher Airlines Ltd (KFAL) and Deccan Aviation Ltd (DAL). According to the SFIO report, Kingfisher Airlines created new divisions with backdated book entries to avoid taxes, paid a Rs 30 crore non-compete fee to DAL founder …Works For: The Indian Express
Vijay Mallya left country with 300 bags: Enforcement ...
- https://www.daijiworld.com/news/newsDisplay.aspx?newsID=545323
- Dec 13, 2018 · Corporate Office. Daijiworld Residency, Airport Road, Bondel Post, Mangalore - 575 008 Karnataka India Telephone : +91-824-2982023. General Enquiry: [email protected], News & Info : [email protected]
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