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Lenders Of Kingfisher Airlines

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Diageo gets hardly half a per cent in USL in open offer

 Diageo Plc’s move to acquire up to 26 per cent in India’s leading whisky maker United Spirits Ltd through an open offer has failed on expected lines. Diageo got 0.4 per cent, or a......

Lenders to sell Kingfisher Airlines' brand to recover dues

 Lenders have initiated the process of selling Kingfisher Airlines (KFA) brand to recover their dues. The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt......

No takers for Brand Kingfisher Airlines

 Public sector lenders’ attempts to recover their Rs 6,000-plus crore (Rs 60 billion) from grounded Kingfisher Airlines have again hit a block, with no serious bids for the carrier’s......

What lies ahead for Kingfisher Airlines

 News about a note by Kingfisher Airlines' auditors in the 2010-11 annual report about the state of company finances saw the scrip lose five per cent intra-day on Thursday before recovering a......

Ten years on, ex-Kingfisher Airline employees wait for their dues

 Ten years after Kingfisher Airlines was grounded, its former employees continue to wait for their dues. Photograph: PTI Photo On Monday, the Supreme Court awarded a four-month sentence to the......

Liquidation of Jet Airways only option, lenders tell SC

 Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was “unwilling”......

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