RIL denies Kingfisher stake-buy talks report
A spokesman for Reliance Industries denied on Wednesday a newspaper report the energy major was in talks to buy a stake in cash-strapped Kingfisher Airlines.
The Business Line newspaper had reported
Kingfisher Airlines doubles loss on fuel costs
Cash-strapped Kingfisher Airlines on Tuesday reported a doubling of its loss in the fiscal second quarter on higher fuel prices and operating costs, amid investor worries about its future.
The compan
Kingfisher has not sought govt bailout: Vijay Mallya
Battling financial crisis, Kingfisher Airlines Chairman Vijay Mallya today said he has not asked for a bailout from the government but wants the lenders to help with Rs 700-800 crore working capital a
Kingfisher seeks funds, interest concession from banks
Battling a crisis of survival, Kingfisher Airlines Chairman Vijay Mallya on Tuesday sought help from banks to raise short-term funds to the tune of Rs 700-800 crore as working capital and interest con
Kingfisher to consider cutting debt - report
The board of cash-strapped Kingfisher Airlines will consider on Monday a proposal to cut its about $1.3 billion debt by more than half by selling property, converting loans from its parent company int
Creditors ask Kingfisher to raise $160 million equity
Creditors to Kingfisher Airlines have asked it to raise 8 billion rupees ($159.6 million) equity and would not consider debt restructuring unless the troubled airline has a credible plan in place, man
Kingfisher board to chalk out rescue plan
Cash-strapped Kingfisher Airlines' board is to meet here again on Tuesday, after their Monday meet was inconclusive in chalking out a rescue plan for the carrier as it continued to cancel many of its
Not just Kingfisher, Turbulence for other private airlines too
Kingfisher Airlines may not be the lone case to suffer flight cancellations arising out of high debt.
In fact, if the estimate of an industry body is anything to go by, a series of private airlines
Airlines could suffer Rs 15,000 cr loss this fiscal: Assocham
Pitching for opening of the domestic airlines for foreign investment, industry body Assocham on Sunday warned that the airlines could suffer a loss of Rs 15,000 crore this fiscal with Air India accoun
Banks hold deliberations on Kingfisher crisis
Beleaguered Kingfisher Airlines would have to wait some more time for relief as its lenders continued deliberations on Sunday towards resolving the crisis, a day after Prime Minister Manmohan Singh sa