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UB Group executive held for drunk driving

On Saturday night, Samrat Chadha was behind the wheels of a BMW car when it allegedly jumped lanes and rammed an autorickshaw

Vijay Mallya's group denies he diverted loan money to buy property abroad

"In order to explain foreign exchange remittances all of which have been fully accounted for, we will provide full details in the next few days," UB Group said in a statement.


Vijay Mallya's UB Group denies Kingfisher loans were used to buy offshore property

The Enforcement Directorate made the money-laundering allegation against UB Group before a court.

Vijay Mallya: 'I hope that I return one day... India has given me everything'

Kingfisher crisis: On being asked whether his departure from India was related to his failure to pay back loans, he is reported to have said that he left on a personal visit along with a friend

Vijay Mallya default case: Debt Recovery Tribunal to pass order today

SBI had filed three other applications, including one seeking Mallya's arrest and impounding of his passport, as the bank approached DRT seeking action against him for defaulting on loans.

United Spirits orders probe into loans to UB Group cos

The Board of United Spirits Ltd, now controlled by Diageo, has ordered a probe into the loans given by United Spirits to UB Group companies as it posted a whopping net loss of Rs 4,488.77 crore for the financial year ended March 31, 2014. The company had reported net loss of Rs 105.03 crore in […]


Kingfisher Airlines invites sharp criticism from auditors over revival plan

Kingfisher Airlines has never reported a full-year profit as yet.

Setback for Vijay Mallya as court accepts Kingfisher Airlines winding-up petition

A UK-based firm,in its petition has said Mallya's airline owes it a sum of Rs 37 crore,or $6 million.

Five in fray for Team India sponsorship

The BCCI will be open the tenders on December 8.

Vijay Mallya's United Spirits offers 11.5% fixed deposit interest rate

United Spirits is allowed to garner a cumulative amount of Rs 2,233 cr via public deposits.