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B K Ramadhyani Co

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Kingfisher result: Accounting standards not followed

Auditors of grounded Kingfisher Airlines on Wednesday said the company's financial results for the quarter ended December 31, 2013, are not in accordance with the "generally accepted accounting......

Auditors estimate higher losses at Kingfisher

Auditors of debt-ridden Kingfisher Airlines today said that the carrier's third-quarter net loss would have been much higher at Rs 1,090 crore (Rs 10.9 billion), had it followed "generally accepted......

Kingfisher needs funds to stay afloat: Auditors

Vijay Mallya-led loss-making air carrier Kingfisher Airlines will need to infuse more funds if its wants to stay afloat, its auditors said. Noting that the networth of the airlines has been......

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