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Kingfisher asked to pay dues of Rs 52.61 lakh to pilot

Kingfisher Airlines Ltd has been directed by the Delhi High Court to pay Rs 52.61 lakh to a pilot towards her outstanding salary and other dues from August 2012 to April 2014. Justice Jayant Nath......

AAI moves court against Kingfisher Airlines to recover Rs 294-crore dues

Vijay Mallya, the airline’s chairman and UB group head, and senior company executives have been named as defendants in the suit and they have been asked to respond to the airport......

Grounded Kingfisher Airlines to pay Rs 12.9 lakh to ex-pilot

The court rejected the claim of the cash-strapped airline that any monthly pay to the pilot was contingent on completion of 70 flying hours. A Delhi court has directed the grounded Kingfisher......

Not a wilful defaulter, Kingfisher Airlines tells UCO Bank

Kingfisher Airlines has objected to being identified as a 'wilful defaulter' by state-run UCO Bank, which had sent a notice following non-repayment of a Rs 450 crore or Rs 4.50 billion loan by the......

'After Kingfisher, SpiceJet seeming to give us heart attacks'

The airline sector is running through a "lot of turbulent weather" with troubled Spicejet seeming to give "us heart attacks", Civil Aviation Minister Ashok Gajapathy Raju said on Thursday. The......
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Exercise caution before investing in the new-age IPOs

The recent surge in the IPO launches witnessed new sectors getting represented. But, in the absence of peer comparison, other than for firms like... ...

http://www.financialexpress.com/article/markets/indian-markets/investment-tip-new-ipos-rbl-bank-interglobe-aviation-infibeam-incorporation-teamlease-matrixcellular/94001/
The Greece Crisis and its lessons for India

'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000... ...

http://www.rediff.com/money/column/the-greece-crisis-and-its-lessons-for-india/20150703.htm
Zoom Developers' saga shows collateral safety is a myth; banks are sitting ducks

The current crisis faced by lenders with respect to Zoom Developers, where over Rs 3,000 crore bank money is stuck, is a classic case that proves... ...

http://m.firstpost.com/business/zoom-developers-saga-shows-collateral-safety-myth-banks-sitting-ducks-2325184.html
Farmers owe banks Rs3,205cr after 2008 waiver

Nagpur: Seven years after the UPA government's mega agriculture loan waiver scheme worth Rs70,000 crore, farmers in Vidarbha appear to be back at... ...

http://timesofindia.indiatimes.com/city/nagpur/7-year-itch-Farmers-owe-banks-Rs3205cr-after-2008-waiver/articleshow/47917573.cms
AirAsia takeoff hit by headwinds in India

Mumbai: A business model that worked wonders in several countries. A local partner that pioneered aviation in India. Victory over concerted efforts... ...

http://www.livemint.com/Companies/PSEr9vYerFTm04tTsSwA5J/AirAsia-takeoff-hit-by-headwinds-in-India.html

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