Airlines will have to mandatorily share PNR (passenger name record) details of passengers with customs authorities 24 hours prior to departure of international flights, a move which will help......
The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......
It is high time the Indian government signalled discomfort with the UK providing refuge to those accused of financial crimes in India, states Jaimini Bhagwati. IMAGE: Nirav Modi in London. In the......
The British government has turned down India's request for the extradition of Tiger Hanif, an alleged aide of underworld don Dawood Ibrahim wanted in India in connection with two bomb blasts in......
A section of pilots of near-bankrupt Kingfisher Airlines on Saturday went on strike, second time in the month, demanding immediate payment of March salaries, leading to cancellation of seven......
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......
SFIO is looking into the role of Grant Thornton LLP which had valued the brand. Image: Burdened under huge losses and liabilities, including to the lenders, the airline finally had to be grounded......
Former Chief Financial Officer of long-grounded carrier Kingfisher Airlines, A Raghunathan on Friday appeared before the Enforcement Directorate in Mumbai for questioning in connection with......
Kolkata-based United Bank of India has filed a winding up petition against Vijay Mallya-promoted Kingfisher Airlines for failing to retire loans amounting to Rs 336 crore (Rs 3.36 billion), an......
An investigation has been ordered against Kingfisher airlines and its Chairman Vijay Mallya for non-payment of Rs 208 crore (Rs 2.08 billion) user development and passenger service fees......
Media reports this week suggested that British energy drink firm Rich Energy was leading a consortium seeking to purchase the Silverstone-based team for 200 million pounds ($278.66 million). Force......