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Kingfisher Airlines
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News on Kingfisher Airlines
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Finmin asks RBI to tighten monitoring, lending norms

6.37 pm | 02 Sep 2014 |  Source: PTI

According to sources, the Finance Ministry has urged RBI to tighten the norms and monitoring system so that activities like fund diversion could be pr...

Kingfisher to challenge United Bank's decision

4.16 pm | 02 Sep 2014 |  Source: PTI

In a statement, the Vijay Mallya-owned company said, "KFA and its directors will vigorously challenge the decision of UBI"....

Wilful defaulter: Is this end of the road for Vijay Mallya?

2.21 pm | 02 Sep 2014 |  Source: Moneycontrol.com

Under law, willful defaulters cannot have access to any further bank funding and neither can companies where they serve as directors....

SC declares Kingfisher plea as infructuous 

2.19 pm | 02 Sep 2014 |  Source: PTI

The Kingfisher Airlines had alleged that the order by GRC was passed yesterday, ignoring the plea that the director should be allowed to be represente...

Stocks in news: Tata Motors, TVS Motor, Cipla, REC, PFC

8.29 am | 02 Sep 2014 |  Source: Moneycontrol.com

Tata Motors | Hero Motocorp | TVS Motor Company | Escorts | Cipla | Kingfisher Airlines | United Bank of India | Rural Electrification Corporation | D...

KFA case: Decoding implications of 'wilful defaulter' tag 

4.18 pm | 01 Sep 2014 |  Source: CNBC-TV18

United Bank has declared Kingfisher Airlines and its promoter Vijay Mallya as ‘wilful defaulter’. The bank is in the process of sending formal not...

United Bank declares Vijay Mallya as wilful defaulter 

2.20 pm | 01 Sep 2014 |  Source: PTI

The Kolkata-based bank is the first PSU lender to initiate the process of declaring Vijay Mallya and three other directors of the grounded Kingfisher ...

Delhi HC sets aside PNB's show-cause notice to KFA 

1.25 pm | 28 Aug 2014 |  Source: CNBC-TV18

KFA has moved to the Delhi High Court and has managed to get relief to the extent of the show-cause notice having being set aside. ...

Stocks in news: ONGC, Adani Power, Torrent Pharma, MCX, ITD

8.21 am | 28 Aug 2014 |  Source: CNBC-TV18

Rural Electrification Corporation | Power Finance Corporation | ONGC | NHPC | Coal India | Adani Power | Tata Power | DLF | Piramal Enterprises | Navi...

Kingfisher Airlines: Outcome of board meeting

2.39 pm | 26 Aug 2014 |  Source: Moneycontrol.com

Kingfisher Airlines at the Board Meeting of the Company held on August 22, 2014, Mr. Lalit Bhasin has been appointed as an Additional Director on the ...

Bad loans on rise: How can banks tackle the menace? 

10.29 am | 21 Aug 2014 |  Source: CNBC-TV18

Experts feel the corporate governance in PSU banks is not as strong as private banks and there is lot of involvement and interfering by government off...

Aviation war sometime away; Air India a spoiler: Experts 

1.35 pm | 19 Aug 2014 |  Source: CNBC-TV18

Ajay Singh, Former Director, SpiceJet says getting the right business model for an airline is of utmost importance now as it is getting difficult to r...

Bhushan Steel remains a 'standard asset': United Bank 

12.12 pm | 19 Aug 2014 |  Source: CNBC-TV18

United Bank is part of the consortium of lenders to Bhushan Steel but is not a part of any additional lending to the company, said Deepak Narang, ED, ...

Even before take-off, rough weather looms for Vistara

11.35 am | 18 Aug 2014 |  Source: Moneycontrol.com

Vistara, the full-service airline jointly promoted by Tata group and Singapore Airlines, is expected to start operations in a month amid much skeptici...

Highly positive says auditor on Kingfisher siphoning funds

11.05 am | 14 Aug 2014 |  Source: Moneycontrol.com

According to a report in DNA, which quoted the finance ministry, the Rs 336 crore loan sanctioned by Union Bank of India (UBI) was withdrawn and depos...

Little elbow room for premium carriers focused on low-fare

9.04 am | 14 Aug 2014 |  Source: Reuters

The competition in the full-service sector is heating up with no guarantees there will be enough passengers willing to pay higher prices to sustain th...

Kingfisher Airlines en route to be tagged wilful defaulter

9.21 am | 13 Aug 2014 |  Source: Moneycontrol.com

Once a company is declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company. Besides, it would n...

Stocks in news: BHEL, Sun Pharma, ONGC, NMDC, Essar Oil

8.41 am | 13 Aug 2014 |  Source: CNBC-TV18

Tata Steel | ONGC | BHEL | Sun Pharma | BEML | Essar Oil | REC | NMDC | Coal India | Bhushan Steel | STC | Parsvnath | SCI | Opto Circuits | Hathway C...

Stocks in news: Tata Motors, Adani Ent, Godrej Ind, Emami

8.30 am | 11 Aug 2014 |  Source: CNBC-TV18

Tata Motors | Adani Enterprises | Dena Bank | Godrej Industries | Sun TV Network | Emami | IDBI Bank | SML Isuzu | Aarti Drugs | Jindal Stainless | Ri...

CBI investigates IDBI Bank loan to Kingfisher Airlines 

3.26 pm | 09 Aug 2014 |  Source: Moneycontrol.com

The CBI has registered a preliminary enquiry registered against IDBI Bank for sanctioning a loan to debt-laden Kingfisher Airlines. The investigating ...

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