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Jun 22, 2012, 03.17 PM IST
Shares of liquor baron Vijay Mallya-led Kingfisher Airlines (KFA) fell as much as 3% intraday after CNBC-TV18 reported quoting NW18 sources that company has not paid its staff salaries since February.
Shares of liquor baron Vijay Mallya-led Kingfisher Airlines (KFA) fell as much as 3% intraday after CNBC-TV18 reported quoting NW18 sources that company has not paid its staff salaries since February.
KFA has been flying 12 aircraft as against 20 committed to Directorate-General of Civil Aviation, which may be reduced further, say sources. At 15:08 hours IST, the share was trading at Rs 13.75, down 0.51% with volumes of 32,39,713 equity shares. Market capitalisation of the company currently stands at Rs 928.74 crore. The stock had been rallied more than 10% in last 15 days.
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