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Tag Archive for 'vijay mallaya'

United Breweries To Sell Stakes To Heineken For Kingfisher Fund-raising

Published on April 1, 2012 in Consumer Goods. 0 Comments Tags: Kingfisher Airlines, UB Group, vijay mallaya.

The very famous business tycoon, Vijay Mallya is on a verge to sell his UB groups’ shares to raise funds to save his Kingfisher Airlines. He is going to sell United Breweries’ stakes to a Dutch brewer, Heineken NV, said the officials. United Brewery UB Group Logo Right now, Vijay Mallya has the only option […]

Kingfisher Stock Down By 11% – King Of Bad Times?

Published on January 7, 2012 in Airlines. 0 Comments Tags: airlines, asset, flight, icici, kingfisher, non performing, sbi, vijay mallaya.

The largest lenders of the country, SBI and ICICI Bank saw a downfall of their share value on predominant concerns about rising assets due to the exposure to airline companies. The chairman of SBI, Mr Pratip Chaudhuri, declared that Kingfisher Airlines, being the Non-performing asset to SBI, is in default. Kingfisher has been finding it […]