Mumbai: Kingfisher Airlines, grounded since October last year, on Wednesday reported net loss at Rs 1,156.91 crore for the quarter ended June 30, 2013.
The company had reported a net loss of Rs 650

New Delhi: In a logic-defying trend, the number of shareholders at Kingfisher Airlines has zoomed to a record high level of about 2.4 lakh investors even as the carrier has remained grounded for over

Having failed to receive their May salary as assured by the Kingfisher management, the airline pilots have now threatened to approach DGCA if they did not meet the commitment by today even as the regu

Vijay Mallya Friday said the Diageo-United Spirits deal has no implications for his cash-strapped Kingfisher Airlines, as both are independent businesses.

"We have multiple businesses and each busine

Vijay Mallya-led UB Group is understood to have reached a deal with world's largest spirit maker Diageo for a stake sale in United Spirits.

According to sources, the deal will be announced on Friday.

Liquor baron Vijay Mallya does not have to do a deal with UK drinks giant Diageo and will not sell prized assets to rescue his grounded Kingfisher airline, he said.

Speaking in his office at Force In

Liquor baron Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be displayed in India, and that it is better to be a multi- billionaire politician in the country.

"I have

Liquor baron Vijay Mallya on Friday thanked 'the Almighty' for losing the billionaire status, and hoped that it would lead to 'less jealousy, less frenzy and (less of) wrongful attacks' on him.

Often

Liquor baron Vijay Mallya, often referred to as 'King of good times', has lost his billionaire tag as ‘bad times’ in his aviation business have dragged down his networth to below the USD 1 billion mar

Employees of Kingfisher Airlines on Thursday came to a wage settlement with the management of the cash-strapped carrier and called off their 25-day-long strike.

"We have reached an agreement with the