You are here:News Home» Topic» Kingfisher Airlines»
submit to reddit

'Kingfisher Airlines' - 134 Video Result(s)

'Kingfisher Airlines' - 935 News Result(s)

  • Kingfisher Airlines Loan Recovery Not Possible in Near Term: United Bank

    Kingfisher Airlines Loan Recovery Not Possible in Near Term: United Bank

    United Bank of India on Monday informed the BSE that it does not expect to recover Rs 400 crore it had lent to the grounded Kingfisher Airlines in the short run but hoped the recovery could be possible in the long-run.

  • United Bank Says Lost Hope to Recover Money From Kingfisher

    United Bank Says Lost Hope to Recover Money From Kingfisher

    Interestingly, the Kolkata-based lender was the first bank to attempt to get Vijay Mallya, the chairman of Kingfisher Airlines, tagged as a wilful defaulter.

  • United Spirits May Have to Restate Accounts: Report

    United Spirits May Have to Restate Accounts: Report

    Facing a multi-agency scrutiny, Diageo-owned United Spirits Ltd (USL) may have to restate its financial accounts, even as some investor groups have begun to question the UK-based parent's long silence on allegations against the erstwhile main promote...

  • Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo

    Support to Vijay Mallya Subject to 'Absence of Defaults': Diageo

    With United Spirits asking its chairman Vijay Mallya to quit, the majority owner Diageo on Monday said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Ho...

  • Vijay Mallya Asked to Quit United Spirits Board

    Vijay Mallya Asked to Quit United Spirits Board

    Alleging fund diversion to Kingfisher and other United Breweries group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as chairman and director of the Indian liquor firm, a demand he has rejected.

  • Kingfisher Airlines' Plea Against Rs 372 Cr Tax Demand Rejected by Court

    Kingfisher Airlines' Plea Against Rs 372 Cr Tax Demand Rejected by Court

    Before the top court, the airline also claimed that it has already paid Rs 145 crore out of the total demand.

  • Five Airlines Owe Rs 664 crore to AAI

    Five Airlines Owe Rs 664 crore to AAI

    Five private carriers, including the grounded Kingfisher, had to pay dues worth over Rs 664 crore to the Airports Authority of India (AAI) at the end of December 2014, the government said today.

  • Loan Recovery: SBI Consortium Takes Over Kingfisher House

    Loan Recovery: SBI Consortium Takes Over Kingfisher House

    Clamping down on Vijay Mallya-led UB Group to recover loans, a 17-bank consortium led by State Bank of India (SBI) on Tuesday took over possession of the prized Kingfisher House, estimated to be worth Rs 100 crore.

  • Kingfisher Airlines Board Accepts CEO Sanjay Aggarwal's Resignation

    Kingfisher Airlines Board Accepts CEO Sanjay Aggarwal's Resignation

    Kingfisher Airlines board has accepted the resignation of Sanjay Aggarwal, who had put in his papers as chief executive officer nearly a year ago.

  • Rescue Plan for SpiceJet Seen by January-End: Report

    Rescue Plan for SpiceJet Seen by January-End: Report

    A package to bail out SpiceJet Ltd could be finalised as early as this month, two sources with direct knowledge of the deal told Reuters, raising the prospect of a last-minute rescue for the indebted carrier.

  • Contempt Petition in Court Only Against Vijay Mallya, Say Banks

    Contempt Petition in Court Only Against Vijay Mallya, Say Banks

    In February 2013, bankers publicly stated they had lost faith in the management's ability to revive the company.

  • Consortium of 17 Banks Files Contempt Application Against Vijay Mallya

    Consortium of 17 Banks Files Contempt Application Against Vijay Mallya

    A consortium of 17 banks, which had collectively lent over Rs 7,000 crore to the crisis-ridden airline, have initiated recovery proceedings under the available legal avenues using the underlining securities which they had.

  • Kingfisher's Flying License to Expire on December 31: Report

    Kingfisher's Flying License to Expire on December 31: Report

    The Vijay Mallya promoted full service carrier is grounded since October 2012, and lost its flying license on December 31, 2012 following refusal by the civil aviation regulator Directorate General of Civil Aviation (DGCA) to renew it after the airli...

  • Maximum Economy Airfare Could be Fixed at Rs. 20,000

    Maximum Economy Airfare Could be Fixed at Rs. 20,000

    The government is considering imposing a temporary cap on airfares to limit sharp movements in prices in the wake of troubles at SpiceJet the country's second-largest budget carrier.

  • SpiceJet Rescue Plan Marks Bold Bet on Indian Aviation Recovery

    SpiceJet Rescue Plan Marks Bold Bet on Indian Aviation Recovery

    The co-founder of SpiceJet is leading over Rs 1500 crore rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.

  • SpiceJet Likely to Go Kingfisher Airlines' Way: Analysts

    SpiceJet Likely to Go Kingfisher Airlines' Way: Analysts

    The news of fresh investment in to SpiceJet might have enthused traders, but most analysts believe that SpiceJet will go the Kingfisher way.

  • SpiceJet Soars 15% on Hopes of New Investments

    SpiceJet Soars 15% on Hopes of New Investments

    SpiceJet shares jumped over 15 per cent on Friday on reports that the ailing carrier may get new investments soon. SpiceJet has a liability of Rs 2,000 crore and it had to ground its operations briefly on Wednesday after oil companies refused supplie...

  • SpiceJet Crisis Highlights the Perils of Airline Investing

    SpiceJet Crisis Highlights the Perils of Airline Investing

    SpiceJet shares got a big boost last month when billionaire investor Rakesh Jhunjhunwala, who has been constantly accumulating shares in the carrier, bought 7.5 million shares (or 1.40 per cent stake) on November 28. SpiceJet surged 38 per cent in ju...

  • Sun Group Says it Cannot Afford SpiceJet's Rescue

    Sun Group Says it Cannot Afford SpiceJet's Rescue

    The parent of SpiceJet Ltd said it cannot afford to bail out the cash-strapped budget carrier that was forced to ground its entire fleet on Wednesday after creditor oil firms refused to refuel the aircraft. Shares in SpiceJet dropped over 8 per cent ...

  • Six Indian Carriers Owe Rs 5,889 Crore to Airports Body, 3 Oil Firms

    Six Indian Carriers Owe Rs 5,889 Crore to Airports Body, 3 Oil Firms

    Six Indian carriers including beleaguered SpiceJet, now-collapsed Kingfisher Airlines and Paramount Airways jointly owe a whopping Rs 5,889 crore to the Airports Authority of India (AAI) and three state-run oil companies, the Rajya Sabha was informed...

  • Government Comes to SpiceJet's Rescue, Airline Gets More Time to Pay Bills

    Government Comes to SpiceJet's Rescue, Airline Gets More Time to Pay Bills

    Loss-making airline SpiceJet Ltd won a crucial reprieve from clamouring creditors on Tuesday, after the government asked airport operators and fuel suppliers to give the carrier more time to pay its bills.

  • SpiceJet Shares Crash 17% as Viability Concerns Grow

    SpiceJet Shares Crash 17% as Viability Concerns Grow

    SpiceJet shares crashed 17 per cent to a low of Rs 11.25 on Tuesday amid rising concerns about the viability of the low-cost carrier. SpiceJet is on the brink of shutting down operations with analysts comparing the ailing carrier to grounded Kingfish...

  • Wilful Defaulter Case: High Court Reserves Judgement

    Wilful Defaulter Case: High Court Reserves Judgement

    The Delhi High Court on Wednesday reserved its judgement on a plea that Kingfisher Airlines lawyers cannot appear before Punjab National Bank (PNB) in the process to declare the ailing carrier and its guarantors, Vijay Mallya and United Breweries Hol...

  • SpiceJet Cancels Over 1,800 Flights in Domestic Sector

    SpiceJet Cancels Over 1,800 Flights in Domestic Sector

    Cash-strapped SpiceJet has cancelled over 1,800 flights across the country for the current month, in signs of mounting troubles for the budget airline.

Advertisement
Advertisement