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Heineken takes control of United Breweries
United Breweries is the manufacturer of Kingfisher, India’s top-selling lager.
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Banks consortium gets over Rs 792 cr in Mallya loan case: ED
Mallya is being probed by the ED and the CBI in connection with an alleged Rs 9,000 crore bank fraud linked to the operations of Kingfisher Airlines
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Lenders gets over Rs5,800 cr in Mallya loan default case: ED
On Wednesday, the ED had said the banks had "recovered" Rs 1,357 crore by a similar sale of shares in the case against Mallya
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Cases against economic offenders to be actively pursued: FM
According to ED, Vijay Mallya, Nirav Modi have defrauded PSBs by siphoning off the funds which resulted in total loss of Rs 22,585.83 crore to banks
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40% loss in Mallya, PNB fraud cases realised by banks: ED
As of date, the agency has attached total assets worth Rs 18,170.02 crore in these two bank fraud cases
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IDBI Bank secures $239 million debt judgment in UK High Court
IDBI Bank has secured a $239 million judgment in the commercial division of the High Court of London against a Cypriot subsidiary of India-based Essar
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PMLA court allows restoration of Vijay Mallya’s properties to banks
A consortium of 17 banks that gave Vijay Mallya loans, led by State Bank of India, had sought restoration of his properties seized by the ED
