Kingfisher Airlines may have landed into all kinds of troubles, but its flambouyant promoter Vijay Mallya thinks that India's image as an investment destination has taken a beating.

"India's global i

A day after the government warned Kingfisher Airlines that its flying licence could be cancelled, Civil Aviation Minister Ajit Singh on Wednesday said he is awaiting a report from sectoral regulato

Shares of Kingfisher Airlines on Tuesday plunged by about 13 per cent to one year low on the NSE as the company faced prospects of its flying licence being cancelled, with its boss Vijay Mallya being

Ailing Kingfisher Airlines on Monday faced the prospects of its flying license being cancelled and its boss Vijay Mallya has been asked by DGCA to present a clear picture of the cash-strapped private

The revenue department has threatened to take Kingfisher Airlines to the court over Service Tax evasion, saying the company has not deposited taxes it collected from travellers.

"They (Kingfisher

The Indian aviation industry may not do well this year in the absence of any major structural changes, apex body for the global airline industry IATA's director general Tony Tyler said here on Thursda

Kingfisher Airlines did not stick to its recovery plan, submitted to the regulator last month, and the situation is a grave concern to the public and the Government, DGCA said here on Wednesday.

Kingfisher Airlines will curtail its overseas operations as the debt-crippled carrier looks to slash costs as its funding dries up and losses mount.

Kingfisher, which has cut its operations as pilots

Beleaguered Kingfisher Airlines on Wednesday announced further reduction in its flight schedule and said its promoter Vijay Mallya will on Thursday meet pilots agitating over delayed salary.

Last mon

State Bank of India (SBI) has no plan to provide fresh loan to the cash-strapped Kingfisher Airlines, Finance Minister Pranab Mukherjee said on Tuesday.

"SBI has informed that currently there is no s