New Delhi, Feb 24: Compounding the troubles of the debt-ridden Kingfisher Airlines, the excise authorities have frozen the bank account of the carrier for its failure to pay service tax dues of about Rs 35
New Delhi, Feb 23: Facing severe turbulence, Kingfisher Airlines today started truncated operations in accordance with its new flight schedule, as aviation regulator DGCA examined its operational details to consider whether to take any punitive
New Delhi, Feb 22: Kingfisher Airlines cancelled about 20 flights today even as the DGCA was set to brief the Civil Aviation Minister on the ailing carrier's plans to restore its services.The airline is expected
New Delhi, Feb 22: Indian hockey team on Yuesday outwitted france by six goals to two in the Olympic qualifier match held at the National Stadium. Sandeep Singh became the first Indian in the tournament
Mumbai, Feb 22: The country's biggest lender State Bank of India has decided to give a Rs 1,500-crore lifeline to the cash-strapped Kingfisher Airlines even as the Income Tax department decided to defreeze the bank
New Delhi, Feb 21: DGCA today contended that passengers were forking out higher airfare due to last moment buying of tickets, while discounting reports of a 10-25 per cent across the board hike in fares
New Delhi, Feb 20: Beleaguered Kingfisher Airlines today virtually blamed the Income Tax authorities for the large-scale flight disruptions, saying freezing of its bank accounts by them had “severely affected” payment schedules that had led
New Delhi, Feb 20 : Kingfisher's CEO and top officials were summoned today by the DGCA to explain the large-scale disruptions in the operations of the cash-strapped carrier even as government ruled out any bailout.The
New Delhi, Feb 18: Passengers of Kingfisher Airlines suffered severe hardship today as the beleaguered carrier cancelled several flights from some key cities and completely shut down operations from Kolkata, including international flights, for about
New Delhi, Jan 11: With Kingfisher asking the government to show "sense of urgency" on its plea for direct import of jet fuel, the Commerce Ministry is set to take a decision in the next
New Delhi, Dec 9: Kingfisher Airlines promoter Vijay Mallya has given a personal guarantee of Rs 248.97 crore, besides pledging shares as security against loans taken from various banks, Parliament was informed today.United Breweries Holdings,
Mumbai, Dec 8: Debt-ridden Air India and Kingfisher hit an air pocket again with some of their bank accounts being frozen by central tax authorities for non-payment of service tax to the tune of Rs
New Delhi, Dec 8: Kingfisher pilots have of late been publicly announcing inside the plane that they have not been paid salaries for the last two months, passengers say. A TV journalist Indraneil Basu, who
New Delhi, Dec 2: Kingfisher Airlines Chairman Vijay Mallya today said negotiations are on with a domestic investor for infusing funds in his cash-strapped airline. “That's going on, things do take time, particularly negotiations,” Mallya
Mumbai, Dec 1: The Mumbai Airport authorities (MIAL) have threatened to put cash-starved Kingfisher Airlines on a cash-and-carry mode again from Saturday if the carrier fails to pay up the dues of around Rs 90
New Delhi, Nov 17: Government is likely to take a final decision on allowing foreign airlines to pick up stakes in Indian carriers in a “couple of weeks”, with Civil Aviation Ministry proposing a 24
Mumbai, Nov 15: Battling a crisis of survival, Kingfisher Airlines Chairman Vijay Mallya today sought help from banks to raise short-term funds to the tune of Rs 700-800 crore as working capital and interest concession
Mumbai, Nov 15: Shiv Sena chief Bal Thackeray today opposed any attempt by the government to bail out Kingfisher Airlines saying that if the Manmohan Singh-led UPA has excess money, it should be utilised for
New Delhi, Nov 14: Amid the debate over bailout for private carrier Kingfisher Airlines, SpiceJet chief Neil Mills today said the government should not use taxpayers' money to revive a private sector company.“It is the
New Delhi, Nov 13: Beleaguered Kingfisher Airlines would have to wait some more time for relief as its lenders continued deliberations today towards resolving the crisis, a day after Prime Minister Manmohan Singh said the
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