Kingfisher Airlines Bail Out
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"Will Help Them Save Jet": Vijay Mallya Renews Offer In Cutting Remarks
Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.
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Vijay Mallya Set To Return To UK Court As Extradition Trial Begins
Liquor baron Vijay Mallya, out on a 650,000-pound bail bond following his arrest by Scotland Yard over fraud and money laundering charges, will return to Westminster Magistrates' Court here today as his extradition trial begins.
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Vijay Mallya To Return To UK Court As Extradition Trial Begins
Embattled liquor baron Vijay Mallya, out on a 650,000-pound bail bond following his arrest by Scotland Yard over fraud and money laundering charges earlier this year, will return to Westminster Magistrates' Court in London tomorrow as his extradition trial begins.
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Vijay Mallya Gets Bail 3 Hours After Arrest: 10 Things To Know
Tycoon Vijay Mallya, has been granted bail three hours after he was arrested in Britain today following India's extradition request. Mr Mallya was produced at the Westminster Magistrates' Court in London, which granted him bail after a 10-minute hearing. The businessman had slipped out of India a year ago and has been in Britain since. The Indian g...
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Kingfisher Airlines Owes About Rs 295 Crore To Airport Authority Of India
Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said today.
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Rescue Plan for SpiceJet Seen by January-End: Report
A package to bail out SpiceJet Ltd could be finalised as early as this month, two sources with direct knowledge of the deal told Reuters, raising the prospect of a last-minute rescue for the indebted carrier.
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Sun Group Says it Cannot Afford SpiceJet's Rescue
The parent of SpiceJet Ltd said it cannot afford to bail out the cash-strapped budget carrier that was forced to ground its entire fleet on Wednesday after creditor oil firms refused to refuel the aircraft. Shares in SpiceJet dropped over 8 per cent on Tuesday.
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Shares of SBI, PNB fall on reports of Kingfisher bail out
State Bank of India is Kingfisher Airlines' largest lender, at Rs 1400 crore.
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Kingfisher bail out likely, two ministers say airline should not fail
After days of teetering on an edge, there may be good news for the cash-strapped Kingfisher Airlines. Prominent banks that have lent to the airline have reportedly decided to provide a relief package to it, sources said. Civil Aviation minister Ajit Singh and corporate affairs minister Veerappa Moily have said that the airline should not close do...
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SBI could bail out Kingfisher Airlines
In what may come as good news to crisis-hit Kingfisher Airlines, prominent banks that have lent to the airline have reportedly decided to provide a relief package to it. NDTV has learnt that the State Bank of India will provide Rs 1200 crore relief package to Kingfisher out of which nearly Rs 700 crore will be provided in working capital loans.
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SBI to bail out Kingfisher: Reports
In what may come as good news to crisis-hit Kingfisher Airlines, prominent banks that have lent to the airline have reportedly decided to provide a relief package to it, sources said.
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5 FAQs about foreign investment in Indian airlines
In an attempt to bail out bleeding airlines, the government is considering whether to allow foreign airlines to own up to 49 per cent of Indian carriers. Right now, foreign investors can own up to 49 per cent stake in Indian airlines, but only if they are not in the airline business abroad. We present a list of answers to most commonly asked questi...
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Will foreign airlines be allowed to own upto 49% of Indian carriers?
In a bid to bail out bleeding airlines, the government is mulling whether to allow 49% FDI in Indian carriers.
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Private sector cannot be bailed out, says Rahul Bajaj
Chairman and Managing Director of Reliance Industries Mukesh Ambani says democracy should not be a hindrance to faster decision making.
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"Will Help Them Save Jet": Vijay Mallya Renews Offer In Cutting Remarks
Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said his now-defunct Kingfisher Airlines too could have been bailed out by lenders, similar to what happened with cash-strapped Jet Airways on Monday. He blamed banks for letting "India's finest airline" close its operations seven years ago.
-
Vijay Mallya Set To Return To UK Court As Extradition Trial Begins
Liquor baron Vijay Mallya, out on a 650,000-pound bail bond following his arrest by Scotland Yard over fraud and money laundering charges, will return to Westminster Magistrates' Court here today as his extradition trial begins.
-
Vijay Mallya To Return To UK Court As Extradition Trial Begins
Embattled liquor baron Vijay Mallya, out on a 650,000-pound bail bond following his arrest by Scotland Yard over fraud and money laundering charges earlier this year, will return to Westminster Magistrates' Court in London tomorrow as his extradition trial begins.
-
Vijay Mallya Gets Bail 3 Hours After Arrest: 10 Things To Know
Tycoon Vijay Mallya, has been granted bail three hours after he was arrested in Britain today following India's extradition request. Mr Mallya was produced at the Westminster Magistrates' Court in London, which granted him bail after a 10-minute hearing. The businessman had slipped out of India a year ago and has been in Britain since. The Indian g...
-
Kingfisher Airlines Owes About Rs 295 Crore To Airport Authority Of India
Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said today.
-
Rescue Plan for SpiceJet Seen by January-End: Report
A package to bail out SpiceJet Ltd could be finalised as early as this month, two sources with direct knowledge of the deal told Reuters, raising the prospect of a last-minute rescue for the indebted carrier.
-
Sun Group Says it Cannot Afford SpiceJet's Rescue
The parent of SpiceJet Ltd said it cannot afford to bail out the cash-strapped budget carrier that was forced to ground its entire fleet on Wednesday after creditor oil firms refused to refuel the aircraft. Shares in SpiceJet dropped over 8 per cent on Tuesday.
-
Shares of SBI, PNB fall on reports of Kingfisher bail out
State Bank of India is Kingfisher Airlines' largest lender, at Rs 1400 crore.
-
Kingfisher bail out likely, two ministers say airline should not fail
After days of teetering on an edge, there may be good news for the cash-strapped Kingfisher Airlines. Prominent banks that have lent to the airline have reportedly decided to provide a relief package to it, sources said. Civil Aviation minister Ajit Singh and corporate affairs minister Veerappa Moily have said that the airline should not close do...
-
SBI could bail out Kingfisher Airlines
In what may come as good news to crisis-hit Kingfisher Airlines, prominent banks that have lent to the airline have reportedly decided to provide a relief package to it. NDTV has learnt that the State Bank of India will provide Rs 1200 crore relief package to Kingfisher out of which nearly Rs 700 crore will be provided in working capital loans.
-
SBI to bail out Kingfisher: Reports
In what may come as good news to crisis-hit Kingfisher Airlines, prominent banks that have lent to the airline have reportedly decided to provide a relief package to it, sources said.
-
5 FAQs about foreign investment in Indian airlines
In an attempt to bail out bleeding airlines, the government is considering whether to allow foreign airlines to own up to 49 per cent of Indian carriers. Right now, foreign investors can own up to 49 per cent stake in Indian airlines, but only if they are not in the airline business abroad. We present a list of answers to most commonly asked questi...
-
Will foreign airlines be allowed to own upto 49% of Indian carriers?
In a bid to bail out bleeding airlines, the government is mulling whether to allow 49% FDI in Indian carriers.
-
Private sector cannot be bailed out, says Rahul Bajaj
Chairman and Managing Director of Reliance Industries Mukesh Ambani says democracy should not be a hindrance to faster decision making.
