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Kingfisher Q3 losses soar to Rs 822 crores
Losses at grounded domestic air carrier, King Fisher Airlines has soared to Rs 822 crores for the quarter ending Dec 31, 2013, as against Rs 716 crores in the quarter ending Sept 30, 2013. There was no income from operations ...
BSE, NSE to shift Kingfisher, Moser-Baer to restricted trade group
Mumbai: Leading stock exchanges BSE and NSE will transfer stocks of several companies, including Kingfisher Airlines and Moser-Baer to the restricted trade category from January 17. The move is part of a surveillance review to safeguard investors' interest, the exchanges said. ...
Kingfisher loses international rights, domestic slots; shares dip
The government on Monday withdrew all international flying rights allocated to Kingfisher Airlines with immediate effect. It has also been decided to withdraw the domestic slots which were allocated to Kingfisher Airlines at different airports for domestic flights. The ...
Kingfisher Airlines slumps as lenders decide to recall loans
Shares of the Kingfisher Airlines slumped on Wednesday after the lenders decided to recall the loans. Cash-ridden Airlines will possible have to shut if the saga continues. Total seventeen banks have an exposure of Rs 7,000 crore to Kingfisher Airlines. ...
Service Tax Dept issues notice to Kingfisher Airlines
In more trouble for beleaguered Kingfisher Airlines , Service Tax Department has issued a notice to the carrier, "impounding" all its aircrafts, department sources said here tonight. According to the notice, the airline cannot fly outside the registered airport ...
ASSOCHAM seeks similar treatment to Air India and Kingfisher Airlines
Welcoming Life Insurance Corporation of India (LIC) and Employee Provident Fund Organisation (EPFO) subscribing to Rs 7,400 crore debt issue of Air India as part of the government's bailout plan for the state-owned airlines, the ASSOCHAM today demanded a similar dispensation ...
DGCA issues show cause notice to Kingfisher Airlines
Civil Aviation on Friday issued a show cause notice to the Kingfisher Airlines (KFA), that why its permit should not be cancelled or suspended as the Airline has failed to establish a safe, efficient and reliable service. The operations of ...
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