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Week that was: Market ticks along as Q2 earnings pan out

Sat, Oct 27, 2012 at 12:00

Source: Moneycontrol.com
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Kingfisher tussle continues: The woes of Vijay Mallya's Kingfisher Airlines fail to die down. The The Director General of Civil Aviation (DGCA) had suspended the licence of the beleaguered airline last week. The regulator has now asked the company to submit its winter schedule before resuming operations. Meanwhile, the management has decided to pay overdue salaries to its staff to get the grounded carrier flying.