New Delhi, May 18: Vijay Mallya-promoted Kingfisher Airlines owes Rs 269.06 crore income tax and I-T Department has initiated penalty and prosecution proceedings against the private carrier, Government informed the Lok Sabha today. Kingfisher Airlines was found to have deducted

New Delhi, May 9: If the same situation continues then Air India soon may follow the footsteps of Kingfisher Airlines. Citing the current crisis between the striking pilots and the management of Air India airlines, central government hinted at downsizing the

Mumbai, May 4: After keeping quiet for a month over the non-payment of salaries, a section of pilots of Kingfisher Airlines threatened not to report for duty from May 9, if the management failed to pay their January salaries. The

Mumbai, May 4: The Vijay Mallya-promoted Kingfisher Airlines continues to hit air pockets with two real estate developers now slapping eviction notice for allegedly defaulting on rent payments since last November. The airlines sources confirmed the development and said the

Kingfisher Airlines, which is reeling under more than Rs 7,000 crore of debt, owes dues of about Rs 280 crore to the Airports Authority of India (AAI). “Kingfisher...

Mumbai, May 2: Claiming that their salaries had still not been cleared, a section of Kingfisher Airlines staff including engineers and pilots is mulling the option of moving the Labour Court to expedite settlement of their dues. "April has ended

Jet Airways is steadily gaining market share because of flight cancellations and financial turmoil faced by Kingfisher Airlines

Mumbai, Apr 22: Cash-strapped Kingfisher Airlines' chairman Vijay Mallya offered puja at Kukke Lord Subrahmanya to get rid of the financial crises and for the success of his IPL franchise team Royal Challengers Bangalore, sources claimed.He also visited the Tirumala Venkatarama

Kingfisher Airlines runs into another payroll snag in India.

New Delhi, Apr 19: Vijay Mallya may soon see the good times again as Kingfisher Airlines finally get a weapon with which the airline can check its crisis. The airline on Thursday, Apr 19 began its jet fuel import process

India's struggling Kingfisher Airlines is banking for survival on an expected government decision to allow foreign airlines to purchase stakes in domestic carriers.

A positive decision would have paved the way for a lifeline for struggling Kingfisher Airlines

Kingfisher Airlines Ltd shares rose 6.43% to close at Rs19.85, SpiceJet Ltd rose 5.45% to Rs29 and Jet Airways India Ltd rose 5.26% to Rs358.5 on the BSE on a day the benchmark Sensex lost 0.26%

NEW DELHI (Reuters) - The government is likely to decide on a proposal to allow foreign carriers to invest in local airlines as early as Thursday, a senior government official said, which could provide a lifeline to cash-starved and debt-laden carriers like Kingfisher Airlines .

A chronology of the fall and fall of Kingfisher Airlines

A chronology of the fall and fall of Kingfisher Airlines

New Delhi, April 4: Central Board of Excise and Customs has asked the debt-ridden Kingfisher Airlines to clear service tax dues of Rs 60 crore at the earliest, said a senior finance ministry official on Wednesday, Apr 4.The Chairman of Central

MUMBAI (Reuters) - Shares in ailing Kingfisher Airlines surged 10.4 percent on Wednesday on market rumours that Singapore Airlines would buy a stake, but the world's second largest airline told Reuters it had no such plans.

NEW DELHI (Reuters) - Tax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of 600 million rupees at the earliest, a top finance ministry official said on Wednesday.

Angel Broking has recommended `Buy` on  United Spirits  with a price target of Rs 884 as against the current market price (CMP) of Rs 637 in its report dated Apr. 02, 2012. The broking house gave the following rationale: KFA`s bankruptcy can lead to…

A chronology of the fall and fall of Kingfisher Airlines

Staff threaten strike if Dec, Jan dues not paid by Tuesday night, want Feb, Mar remuneration by 20 April

A chronology of the fall and fall of Kingfisher Airlines

Shares of Kingfisher Airlines today hit a record low, down about 9 per cent.

New Delhi, Apr 2: At least five Kingfisher Airlines flights out of Mumbai and Delhi were cancelled on Monday as a section of staff did not report for duty to demand immediate payment of salary and allowance backlog.As some pilots and