KFA pilots threaten to approach DGCA over salary issue
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
Kingfisher leaves employees in dark on Diwali
Around 3,000 employees of the near-bankrupt Kingfisher Airlines were left in the dark on Diwali after the management failed to pay their May salary, despite its commitment that their dues will be clea
No link between Diageo-USL deal and Kingfisher: Mallya
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
Kingfisher loss widens as revenue plummets
Debt-ridden Kingfisher Airlines, grounded for over a month after a violent staff protest and concerns about safety, widened its quarterly loss from a year ago because of a steep decline in revenues.
UB Group, Diageo agree on stake sale in United Spirits
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.
Embattled Mallya flied for Indian GP, slams crictis
Embattled Force India team boss Vijay Mallya made his Indian Grand Prix entrance in combative mood on Saturday, lashing local media for their coverage of his business troubles and grounded Kingfisher
Mallya rues display of wealth; takes jibe at rich politicians
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
Vijay Mallya thanks 'Almighty' for losing billionaire tag
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
Vijay Mallya loses billionaire tag; networth down to $800 mn
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
Kingfisher Airlines' employees call off strike
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