Asia/Pacific

UB Holdings embroiled in Kingfisher case

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UB Holdings embroiled in Kingfisher case

The United Bank of India has identified United Breweries Holdings, the guarantor of grounded airline Kingfisher, as a wilful defaulter since the company had the resources to repay the loan as guarantor of Kingfisher Airlines. Kingfisher Airlines and directors declared as wilful defaulters now won't ...

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