Kingfisher Accounts

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  Loans To Vijay Mallya's Kingfisher A Write-Off 'Only In Books,' Says Arun Jaitley

  Around Rs 1,200 crore in dues owed by Vijay Mallya's collapsed Kingfisher Airlines has been labelled a write-off in the books of India's largest bank, the State Bank of India.

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  Kingfisher Airlines Owes About Rs 295 Crore To Airport Authority Of India

  Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said today.

• Enforcement Directorate Seals Accounts of East Bengal Football Club's Holding Company

  The unit of Enforcement Directorate in Kolkata region has sealed the accounts of Kingfisher United East Bengal Private Limited, the holding company of Kingfisher East Bengal football club, in connection with the multi-crore Saradha scam probe.

• Kingfisher pilots' deadline ends today; will they strike work?

  Facing heat from employees, Kingfisher airlines boss Vijay Mallya promised to clear the outstanding salaries from Wednesday after tax authorities unfroze bank accounts but the staff on Monday demanded part payment of dues setting a deadline for 8 pm today, April 3, 2012. Sources say the employees have threatened to strike work if they are not paid ...

• Kingfisher Airlines' issues statement after being suspended

  In a statement issued by the company in response to the International Air Transport Association (IATA) decision to suspend the airlines from its clearing house due to non-payment of dues, the airlines said that they were working with the tax authorities and that they expected the accounts to be un-attached soon.

• Kingfisher Airlines misses deadline for clearing dues, more accounts frozen

  There seems to be no end to turbulent times for debt-ridden Kingfisher Airlines. The service tax department has frozen some more of its bank accounts after it missed the deadline for clearing its dues.

• Kingfisher's statement on cancellation of flights

  Kingfisher Airlines cancelled 30 flights today, thus further increasing inconveniencing passengers who already faced a similar situation over the weekend. In a statement released today, the cash-strapped airline said that it was the attachment of its bank accounts by the Income Tax department that had affected its operations.

• Kingfisher cancels 30 flights, says accounts need to be unfrozen

  Kingfisher cancelled 30 flights today, most of them out of Mumbai, but said it is now offering passengers a full refund. After a weekend when nearly 50 per cent of its flights were cancelled, gone were the lame excuses about aircraft being grounded by bird hits.

• Kingfisher bank accounts unfrozen

  The Central Board of Excise and Customs (CBEC) has agreed to 'de-freeze' Kingfisher Airline's accounts. The private carrier assured its board on Monday that all arrears would be paid by March 2012, finance ministry sources said.

• 7 Kingfisher & 6 Air India bank accounts frozen

  The service tax department has frozen the bank accounts of both Air India and Kingfisher Airlines. While the loss-making national carrier owes the department approximately Rs 100 crore, Vijay Mallya's airline owes approximately Rs 70 crore. This effectively means that while both the companies collected the service tax on the air tickets they sold f...