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1 Debt Recast For Kingfisher May Be Only Option For Banks | Global ...
https://globalinsolvency.com/headlines/debt-recast-kingfisher-may-be-only-option-banks
Lenders to Vijay Mallya-promoted Kingfisher Airlines may have no option other than restructuring the carrier's loans again.
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2 Latest News, Photos, Videos on Kingfisher Debt Restructuring
https://www.ndtv.com/topic/kingfisher-debt-restructuring
'Kingfisher Debt Restructuring' - 20 News Result(s) ... Banks should set aside five per cent of total assets for standard loans that are restructured, said RBI.
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3 Kingfisher Airline's Rs 8000 cr debt recast complete
https://m.economictimes.com/industry/transportation/airlines-/-aviation/kingfisher-airlines-rs-8000-cr-debt-recast-complete/articleshow/7190327.cms
All the 18 lenders of Kingfisher Airlines have approved & implemented the debt restructuring package according to sources.
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4 Kingfisher Airlines board OKs debt recast - Reuters
https://www.reuters.com/article/idINIndia-53151620101125
Private carrier Kingfisher Airlines on Wednesday denied it was going for another debt restructuring but said it had sought lenders' help to substitute ...
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5 Kingfisher Airlines Ltd.: Debt Restructuring
https://store.hbr.org/product/kingfisher-airlines-ltd-debt-restructuring/W15188
Kingfisher Airlines, a leading airline company in India, had incurred substantial losses and its net worth had been eroded. This news was widely covered by ...
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6 Kingfisher Denies Report on Further Debt Recast - WSJ
https://www.wsj.com/articles/SB10001424052970203804204577013131988023796
"This is factually incorrect and I have to formally deny that we have conceived of any further debt restructuring plans in Kingfisher Airlines," Ravi ...
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7 Kingfisher Airlines Board approves debt recast package
https://www.thehindu.com/business/companies/Kingfisher-Airlines-Board-approves-debt-recast-package/article15715755.ece
Private carrier Kingfisher Airlines on Thursday said its Board has approved converting lenders' debt of up to Rs 1,355-crore into share ...
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8 kingfisher airlines debt restructuring - The Economic Times
https://economictimes.indiatimes.com/topic/kingfisher-airlines-debt-restructuring/8
Banks seek RBI nod to recast Rs 3 lakh crore loans minus downgrade ... Lenders have asked central bank to allow them to restructure loans worth about Rs 3 lakh ...
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9 Kingfisher debt recast: FIs,promoter loans to be converted into equity ...
https://indianexpress.com/article/news-archive/web/kingfisher-debt-recast-fis-promoter-loans-to-be-converted-into-equity/
Private carrier Kingfisher Airlines on Wednesday denied it was going for another debt restructuring but said it had sought lenders' help to substitute ...
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10 Kingfisher Airlines: the beginning of the endgame? - Mint
https://www.livemint.com/Opinion/RvAmZQhi7Q6jra34xtQJwO/Kingfisher-Airlines-the-beginning-of-the-endgame.html
They first restructured Kingfisher's debt in November 2010. To infuse life into the airline, ailing even then, banks in the consortium converted ...
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11 Kingfisher Airlines board clears debt recast package | Business ...
https://www.business-standard.com/article/companies/kingfisher-airlines-board-clears-debt-recast-package-110112600047_1.html
Under the debt restructuring package, Kingfisher will sell 5.75 million shares to a consortium of lenders. It will also sell 7.8 million of the 7.5 per cent ...
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12 Kingfisher debt recast wait gets longer | Deccan Herald
https://www.deccanherald.com/content/281525/kingfisher-debt-recast-wait-gets.html
The wait for debt recast and revival of Vijay Mallya-led Kingfisher Airlines (KFA) got a tad longer, with bankers expecting a “clear” picture to emerge only ...
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13 Debt Restructuring - Kingfisher Airlines Ltd - The Case Centre
https://www.thecasecentre.org/products/view?id=128653
› products › view
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14 SBI-led consortium picks up about 23.3% stake in ... - Moneylife
https://www.moneylife.in/article/sbi-led-consortium-picks-up-about-233-percentage-stake-in-kingfisher/15390.html
Mumbai: As part of debt recast process of Kingfisher Airlines, a consortium of banks, including State Bank of India (SBI) and ICICI Bank, has converted debt ...
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15 SBI tells Kingfisher to raise fresh equity before debt recast - India ...
https://www.indiatoday.in/business/india/story/sbi-kingfisher-fresh-equity-debt-recast-145744-2011-11-13
SBI asks Kingfisher to raise fresh equity before debt recast ... with some fresh funds if the banks are to at all consider their request for restructuring.
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16 Banks lose out in Kingfisher debt recast - Travel Daily
https://www.traveldailymedia.com/banks-lose-out-in-kingfisher-debt-recast/
The recent debt recast forced upon struggling Kingfisher Airlines has been damaging to all stakeholders, including the company's creditors ...
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17 Banks bail out billionaire Mallya's Kingfisher airlines
https://www.businesstoday.in/industry/banks/story/psu-banks-convert-kingfishers-debt-into-equity-18225-2011-04-08
As part of debt restructuring plan sanctioned by the RBI, over a dozen of commercial banks that had lent heavily to the Kingfisher airlines, ...
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18 Banks reject new debt recast for Kingfisher Airlines
https://www.indiainfoline.com/article/news-top-story/banks-reject-new-debt-recast-for-kingfisher-airlines-113103001653_1.html
Banks have no plans for a second round of debt restructuring for Kingfisher Airlines,according to reports. The reports stated that SBI has exceeded exposure ...
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19 Kingfisher Airlines: No further debt recast plans - Moneycontrol
https://www.moneycontrol.com/news/business/companies/-1907355.html
Private carrier Kingfisher Airlines on Wednesday denied it was going for another debt restructuring but said it had sought lenders' help to substitute ...
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20 Indian banks push London court for bankruptcy order against ...
https://globalrestructuringreview.com/indian-banks-push-london-court-bankruptcy-order-against-kingfisher-boss
Creditors of Indian tycoon Vijay Mallya are seeking a bankruptcy order against the former Kingfisher Airlines and Force India boss in an ...
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21 Kingfisher Airlines debt restructuring provides relief | CAPA
https://centreforaviation.com/analysis/reports/kingfisher-airlines-debt-restructuring-provides-relief-49731
Kingfisher Airlines stated a consortium of 13 lenders has taken a 23.37% stake in the company after the carrier restructured part of its ...
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22 Kingfisher board gives debt recast nod - The Financial Express
https://www.financialexpress.com/archive/kingfisher-board-gives-debt-recast-nod/716095/
Kingfisher Airlines on Thursday announced that its board of directors has approved a debt recast package (DRP) with lending banks, ...
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23 SBI Buys 5.68% In Kingfisher Airlines - VCCircle.com
https://www.vccircle.com/sbi-buys-568-kingfisher-airlines
The Kingfisher board had approved a debt recast plan under which the second largest airline operator (by market share), would convert some ...
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24 KINGFISHER AIRLINES LTD.: DEBT RESTRUCTURING Case ...
https://www.youtube.com/watch?v=ujAwgK6Fpbs
TheCaseSolutions com
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25 Kingfisher creditors agree to convert Rs 1355-cr debt into ...
https://www.moneyworks4me.com/company/news/index/id/10576
Kingfisher Airlines will convert part of its debt, of up to Rs 1,355 crore from banks, into preferential shares, and will repay the remaining debt over nine ...
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26 Kingfisher Airlines: No further debt recast plans - DNA India
https://www.dnaindia.com/business/report-kingfisher-airlines-no-further-debt-recast-plans-1606374
Earlier, The Economic Times reported that Vijay Mallya-promoted Kingfisher's second debt restructuring plan was rejected by banks who were ...
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27 Kingfisher Airlines Bankruptcy - LinkedIn
https://www.linkedin.com/pulse/kingfisher-airlines-bankruptcy-navin-sethi
Kingfisher airline converted the debt of these banks into equity at a huge premium. The whole loan restructuring exercise to Kingfisher was done ...
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28 The ASTOUNDING story of the fall of Kingfisher Airlines
https://www.rediff.com/business/slide-show/slide-show-1-special-the-astounding-story-of-the-fall-of-kingfisher-airlines/20111111.htm
After recast, Kingfisher Airlines total debt reportedly came down to Rs 7057 crore (Rs 7057 billion) which is still considered very high for ...
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29 Kingfisher Airlines seeks more money to keep flying
http://www.kathrynsreport.com/2011/11/kingfisher-airlines-seeks-more-money-to.html?m=1
Following a debt recast, a consortium of 13 lenders took a 23.21% stake in Kingfisher in April. Debt as of 30 September stood at Rs.7,544 ...
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30 Kingfisher Airlines denies fresh debt restructuring plans
https://www.firstpost.com/business/kingfisher-airlines-denies-fresh-debt-restructuring-plans-121563.html
Earlier, The Economic Times reported that Vijay Mallya-promoted Kingfisher's second debt restructuring plan was rejected by banks who were ...
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31 Kingfisher Airlines case: Indian banks could lose Rs ... - Scroll.in
https://scroll.in/article/840608/indias-banks-could-lose-rs-4300-crores-on-bad-loans-to-kingfisher-airlines
Debt Recast Agreement ... As many as 17 banks had extended term loans to Kingfisher Airlines between 2009 and 2012, a period when the airline's ...
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32 Kingfisher debacle: The King of good times' hangover
https://www.hindustantimes.com/editorials/kingfisher-debacle-the-king-of-good-times-hangover/story-g9aBSu0i5w9AiKqElh8JGL.html
In 2011, a year before it stopped flying, KFA implemented a debt recast package after which loans from 13 banks were converted into share ...
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33 Kingfisher Woes Show Need for Bankruptcy Law
https://www.bloomberg.com/news/articles/2012-10-31/kingfisher-woes-show-need-for-bankruptcy-law-corporate-india
Kingfisher in 2010 restructured 77.2 billion rupees of debt it had run up by ordering aircraft and buying a budget carrier. It can seek a second ...
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34 Banks turn down Kingfisher Airlines' Rs 200 crore working ...
https://www.millenniumpost.in/banks-turn-down-kingfisher-airlines-rs-200-crore-working-loan-request-8767
Though the company suggested a second debt restructuring, nothing was finalised, a source said. When asked whether banks are open to a ...
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35 Kingfisher Airlines Limited: Debt Restructuring - eprints@TAPMI
http://tapmi.informaticsglobal.com/281/
Kingfisher Airlines Limited: Debt Restructuring ... fleet recovery and the implementation of the debt recast package with the lenders and ...
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36 Icici Bank Ltd vs United Breweries (Holdings) Ltd. ... on 3 ...
https://indiankanoon.org/docfragment/181804179/?formInput=kingfisher%20airlines
3 - Kingfisher Airlines Limited suffered financial difficulties. A ig proposal was given by them for restructuring/recasting their debts.
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37 The Case of Vijay Mallya and Kingfisher Airlines
https://sevenpillarsinstitute.org/the-case-of-vijay-mallya-and-kingfisher-airlines/
Kingfisher Airlines Board approves debt recast package. The airline's debt now stands at Rs6,000 crore (US$858 million). · 2011-Mumbai ...
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38 SBI asks Kingfisher to raise fresh equity before debt recast
https://www.apnnews.com/sbi-asks-kingfisher-to-raise-fresh-equity-before-debt-recast/
SBI, which has the largest exposure to crisis-ridden Kingfisher Airlines, has said it has asked the carrier to raise fresh equity to the ...
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39 Kingfisher Airlines Ltd.: Debt Restructuring Case Solution And ...
https://www.thecasesolutions.com/kingfisher-airlines-ltd-debt-restructuring-30363
Yet business direction was emphatic although it was negotiating a debt restructuring that is second with banks that Kingfisher was on the road ...
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40 India's Kingfisher Airlines seeks $40 mln: report - MarketWatch
https://www.marketwatch.com/story/indias-kingfisher-airlines-seeks-40-mln-report-2012-02-18
The issue of goverment-backed bonds is part of an INR180 billion debt recast recently approved by a special panel of ministers headed by finance ...
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41 Kingfisher.pptx - Case Study KingFisher Airline Debt...
https://www.coursehero.com/file/32624660/Kingfisherpptx/
2010 Debt Restructuring•Conversion of debt of INR 13.55 billion provided by lenders into equity. ... Conversion of debt of INR 6.48 billion provided by promoters ...
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42 Loot by Kingfisher and Deccan - Collaterals Are only in Air
http://www.allbankingsolutions.com/Press-Release-Views/Kingfisher-Deccan-loot.htm
Now shares are quoted around Rs 10 per share. In that round of debt restructuring, lenders had reduced Kingfisher's interest rate by three percentage points to ...
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43 Kingfisher Airlines Case Study - 822 Words
https://www2.bartleby.com/essay/Kingfisher-Airlines-Case-Study-PJXEFKLE6
› essay › Kingfisher-Airline...
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44 Timeline: The rise and fall of Vijay Mallya - ZAWYA
https://www.zawya.com/en/business/timeline-the-rise-and-fall-of-vijay-mallya-dawvpbsx
Kingfisher Airlines Board approves debt recast package. The airline's debt stood at over Rs6,000 crore. December 1, 2011. Mumbai International Airport Pvt.
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45 Kingfisher Air in talks with banks to reduce interest costs
https://www.thehindubusinessline.com/companies/kingfisher-air-in-talks-with-banks-to-reduce-interest-costs/article20354371.ece1
At the Group's annual general meeting last month, Mr Mallya had told shareholders that Kingfisher had implemented a debt-recast package in the ...
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46 Kingfisher Airlines Board approves debt recast ... - NetIndian
https://www.netindian.in/news/business-economy/kingfisher-airlines-board-approves-debt-recast-package
Private sector carrier Kingfisher Airlines, a part of the Vijay Mallya-led UB Group, today said that its Board of Directors had approved a Debt Recast ...
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47 Banks May Lose ₹4300 crore on Loans to Kingfisher Airlines
https://www.epw.in/journal/2017/23/web-exclusives/banks-may-lose-%E2%82%B94300-crore-loans-kingfisher-airlines.html
A consortium of 14 banks is expected to lose nearly ₹4,300 crore on account of loans given to the grounded Kingfisher Airlines that was ...
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48 DRT dismisses Kingfisher's petition against banks' consortium
https://bankingfrontiers.com/drt-dismisses-kingfishers-petition-against-banks-consortium/
The Debt Recovery Tribunal has dismissed an interlocutory application (IA) filed by Kingfisher Airlines (KFA) against SBI-led banks' ...
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49 Main News - The Tribune, Chandigarh, India
https://m.tribuneindia.com/2011/20111115/main4.htm
The Kingfisher Board also had a crucial meeting in Mumbai to work out a debt restructuring plan on the eve of the announcement of its latest ...
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50 Crisis and Debt Restructuring at Kingfisher Airlines - Scribd
https://www.scribd.com/doc/132769101/Crisis-and-Debt-Restructuring-at-Kingfisher-Airlines
Debt Recast by Kingfisher Airlines:Kingfisher Airlines in 2010 was allowed to recast its debt in lieu of ongoing crisis. By Nov 2010, Kingfisher has ...
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51 SBI-led consortium picks up about 23.3% stake in Kingfisher
https://zeenews.india.com/node/1682823?q=googleamp/23006
As part of debt recast process of Kingfisher Airlines, a consortium of banks, including SBI and ICICI Bank, has converted debt of Rs 750 ...
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52 Bankers ask Kingfisher to infuse Rs 800 cr fresh equity
https://www.governancenow.com/news/regular-story/bankers-ask-kingfisher-infuse-rs-800-cr-fresh-equity
The Kingfisher Board also had a crucial meeting in Mumbai to work out a debt restructuring plan on the eve of the announcement of its latest ...
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53 Tooling up - Asia Business Law Journal
https://law.asia/tooling-up/
Kingfisher's only hope is to persuade its creditors to agree to further concessions in a new corporate debt restructuring (CDR) package.
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54 Kingfisher Debt Crisis| Finance Case Study
http://www.ibscdc.org/Case_Studies/Finance,%20Accounting%20and%20Control/Finance/FCF0021.htm
Despite restructuring the debt with the help of creditors, the airline found it difficult to extricate itself out of its troubles. The case tracks the ...
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55 Kingfisher to cancel 31 flights - Trade Arabia
http://tradearabia.com/news/TTN_207716.html
India's No.2 carrier Kingfisher Airlines, controlled by liquor baron ... ever since it got listed and has undergone debt restructuring once, ...
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56 Kingfooder Airlines: Case Study: Kingfisher Airline - IPL.org
https://www.ipl.org/essay/Kingfooder-Airlines-Case-Study-Kingfisher-Airline-P3QNU5HESJP6
In November 2010, in order to cater heavy debts and interest from the loans taken, the company went in for debt restructuring.
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57 KINGFISHER AIRLINES GETS 13 NEW STAKEHOLDERS
https://www.aviationnews-online.com/editorial-comment/kingfisher-airlines-gets-13-new-stakeholders/
A consortium of 13 lenders has taken a 23.37% stake in Kingfisher Airlines as part of a debt restructuring deal. The consortium includes State Bank of India ...
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58 History of Kingfisher Airlines - Wikipedia
https://en.wikipedia.org/wiki/History_of_Kingfisher_Airlines
Kingfisher Airlines was established in 2003 and ceased operations when its license was cancelled on 20 October 2012. It is owned by the Bengaluru based ...
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59 Restructuring Administration Cases | Kroll
https://www.kroll.com/en/restructuring-administration-cases
Restructuring Administration works with clients through every step of their restructurings, ... Kingfisher Midstream, LLC ... LATAM Airlines Group S.A..
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60 Sri Lanka's debt to China close to 20% of public external debt
https://www.yahoo.com/video/sri-lankas-debt-china-close-052613651.html
Crisis-hit Sri Lanka is in the midst of a debt restructuring after years of economic mismanagement combined with the COVID-19 pandemic saw ...
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61 Lenders Set To Recover About Half Their Dues From Vijay ...
https://www.bqprime.com/business/lenders-set-to-recover-about-half-their-dues-from-vijay-mallyas-kingfisher
Nine years after Kingfisher Airlines Ltd. was grounded, lenders to the Vijay Mallya-promoted airline have managed to recover Rs 5942 crore ...
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62 What Went Wrong With Kingfisher Airlines? - Simple Flying
https://simpleflying.com/what-went-wrong-kingfisher-airlines/
The efforts to reshape only piled on the debts for the carrier. Altogether, after seven years of operating, Kingfisher had accumulated losses of ...
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63 SBI-led bank consortium gets Rs 792cr by sale of Kingfisher ...
https://www.indiatvnews.com/business/news-sbi-led-bank-consortium-gets-rs-792cr-by-sale-of-kingfisher-airlines-shares-in-vijay-mallya-case-719851
"Today, SBI-led consortium has realised Rs 792.11 crore by sale of shares in Kingfisher Airlines or the Vijay Mallya case.
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64 Vijay Mallya isn't coming back, but he's not the villain who got ...
https://www.dailyo.in/business/vijay-mallya-london-court-extradition-kingfisher-airlines-npas-modi-adani-ambani-rahul-gandhi-20948
The Rs 9,000 crore he is now found owing to the PSU banks and others is the money he lost on Kingfisher Airlines. I understand the loan money is ...
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65 Kingfisher Loan Case: Sbi Consortium Receives Rs 5,824.5 ...
https://www.cnbctv18.com/legal/kingfisher-loan-case-sbi-consortium-receives-rs-58245-crore-in-its-account-from-share-sale-of-united-breweries-9782051.htm
Jun 25, 2021 —
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66 The Vijay Mallya Story - Google Books Result
https://books.google.com/books?id=dSEoAwAAQBAJ&pg=PT94&lpg=PT94&dq=kingfisher+debt+recast&source=bl&ots=S4mGj8cV53&sig=ACfU3U17j4zk9Lhh2nEgFb22HROZQvDUhA&hl=en&sa=X&ved=2ahUKEwj0x_zwqNb7AhXCADQIHfOiB-8Q6AF6BQiEAhAD
Debt recasts are usually offered to bail a company out of its financial mess. In the case of Kingfisher Airlines, a State Bank of India-led consortium of ...
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