In depth coverage of Kingfisher crisis from Business Today
Business Today
Kingfisher Crisis

For Kingfisher Airlines, controlled by billionaire Vijay Mallya, shocks seem to be a routine affair. The latest shocker is its share prices tumbling to an all-time low of Rs 9.62 and making it a penny stock.

A section of pilots of cash-strapped Kingfisher Airlines had gone on strike from Thursday demanding payment of their salaries.
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.