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

Civil Aviation Minister Ajit Singh has said Vijay Mallya's Kingfisher Airlines has not yet given a revival plan to restart operations, even as employees are aggrieved over non-payment of salaries.

 
 
State Bank of India (SBI) Chairman Pratip Chaudhuri has said the bank is taking all steps to recover the loan given to Vijay Mallya's grounded Kingfisher Airlines.
The government withdrew all domestic and international flying slots of the grounded carrier with immediate effect and decided to allot them to other Indian airlines.
 
 
Kingfisher Airlines employees, frustrated over not getting salary for last 10 months, have asked the government to prosecute promoter Vijay Mallya.
India's largest public sector bank State Bank of India (SBI) has identified some properties of cash-strapped Kingfisher Airlines for attachment.
Kingfisher lenders hope to recover up to Rs 1,000 crore of their dues by monetising the securities in the March quarter itself.
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