Kingfisher licence suspension: How this impacts UB Group, bankers, stocks
After a 3 week lockout, today was the another nail in Kingfisher's coffin. The directorate general of civil aviation (DGCA) has suspended Kingfisher's license after the beleaguered carrier failed to respond to its show cause notice issued earlier. NDTV speaks to experts on how this will impact the airline, its bankers, the UB group promoter holdings, and stock markets on Monday.
