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Total 427 results found. Search for [ Kingfisher crisis ]

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New Delhi, May 5, 2020
Amazon VP Tim Bray quits, calls company 'chickenshit' for firing workersTim Bray, a senior software engineer at Amazon, has stepped down from office citing the company's decision to fire protesting employees who called out its labour practices. In an open letter titled 'Bye, Amazon' on his website, he declared that May 1 was his last day as the Vice President and distinguished engineer at Amazon Web Services after five years and five months. Calling his stint at Amazon rewarding f...

April 20, 2020
The consortium consortium of the Indian public sector banks led by State Bank of India seeks to recover nearly Rs 9,000 crore of unpaid loans from the embattled liquor baron Vijay Mallya

New Delhi, April 20, 2020
A bankruptcy order was sought against Vijay Mallya by a consortium of the Indian public sector banks led by State Bank of India (SBI).

March 31, 2020
Mallya also stated that he had made repeated offers to pay 100 per cent of the amount Kingfisher Airlines had borrowed from the banks

Mehak Agarwal
New Delhi, March 9, 2020
Even though YES Bank collapsed because of high non-performing assets (NPAs), Rana Kapoor was once known for his unmatched ability to recover every penny lent to the most shrewd and dubious clients, which also earned him the title of the 'lender of the last resort'

Anand Adhikari
New Delhi, February 4, 2020
\"Reduction of corporate tax rate is a first supply side move to get private investment back; for many years, India was disproportionally dependent on consumption driving economic growth and not investment. On demand side, we need to get more confidence,\" says Kotak

Joe C Mathew
January 28, 2020
In a statement issued on January 28, BMS said that while calculating profit and loss of Air India, one should consider the role Air India has been playing to serve the passengers in many low-profit or loss-making routes

Manu Kaushik
New Delhi, August 5, 2019
Is the truce between the warring co-founders of IndiGo for real?

New Delhi, June 26, 2019
Govt warns Amazon, Flipkart, other foreign e-commerce firms over discountsIndia has told foreign e-commerce firms such as Amazon and Walmart's Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters. Commerce Minister Piyush Goyal has said that while the government was prepared to listen to concerns about its new foreign direct investment rules (FDI), it ...

New Delhi, June 26, 2019
Government warns Amazon, Flipkart, other foreign e-commerce firms over discounts, US wants India to lower barriers and embrace fair, reciprocal trade, and more on News Blast.

Manu Kaushik
New Delhi, June 10, 2019
Jet Airways might be heading for bankruptcy as it seems to have lost the chance to secure a buyer

Manu Kaushik
New Delhi, May 30, 2019
Aggressive fleet induction plans of large airlines are likely to push aviation sector into dark ages

May 15, 2019
India's request to extradite Mallya was approved by UK home secretary in February this year

May 10, 2019

April 29, 2019
In a series of tweets, Vijay Mallya drew parallels between his Kingfisher Airlines and Jet Airways, while once again offering to repay the Indian banks in full

Manu Kaushik
New Delhi, April 29, 2019
The concern to save the embattled Jet Airways is common all around, the suggestions to this end from various quarters are different though

New Delhi, April 28, 2019
Jet Airways crisis: NAG president said that they don't want to see a repeat of the human tragedy that unfolded after Kingfisher Airlines shut down.

Ajita Shashidhar
April 19, 2019
Commoners, actors, politicians, sports people and corporate heads have expressed concerns over the fall of India's most admired private airline

New Delhi, April 19, 2019
Civil Aviation Secretary Pradeep Singh Kharola says the movement of airfares is being closely monitored

April 18, 2019
Mallya, in a Tweet, quoted PM Modi's recent interview where he said the government had recovered more money from the businessman than he owed the banks. Mallya highlighted that the banks had claimed otherwise in English courts.

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