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

While the promoters continue to hold the same number of shares (about 29 crore), their holding has come down in percentage terms due to increase in Kingfisher's total number of shares.

 
 
Kingfisher Airlines employees decide to withdraw their agitation from Wednesday, following the assurance given by the Vijay Mallya.
Kingfisher Airlines owner Vijay Mallya asks the agitating employees to resume work immediately.
The airline's Chief Executive Sanjay Aggarwal is confident Kingfisher Airlines can get even the grounded planes up in the air again. It had better be real soon.
 
 
Mallya's airline is the second domestic carrier, after SpiceJet, to have received Director General of Foreign Trade (DGFT) approval for aircraft turbine fuel import.
Kingfisher Airlines shares jumped over 6 per cent amid reports that Mukesh Ambani-led Reliance Industries (RIL) is keen on investing in the carrier.
Chairman Vijay Mallya had last Tuesday assured his employees that their salaries would be disbursed in a staggered manner from April 4 to 10.
Vijay Mallya's promise to clear the outstanding salaries from Wednesday fails to cut ice with several pilots and staff of the cash-strapped carrier.
Advertisement