Kingfisher Airlines Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year.
While Raghunathan is a named accused in the CBI's case registered in October last year, Nedungadi had resigned recently from the post of CFO of the UB group.
Nearly 700 of the 1,500 employees, who still claim to be on the payroll of the defunct airline, are women.
An integrated team of 200 staff crunches data to minimise disruption for 149 planes, but airport infrastructure poses a challenge
The travel period for which the discount is being offered ends on April 30 next year.
Identifying cyber crime as a major threat, Sebi Chairman U K Sinha recently said such attacks are occurring these days in a more sophisticated manner.
Mallya said he was being advised by lawyer Harish Salve.
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.
Here's the full text of the statement
'Everyone has failed us. The United States ditched us.... We will be forever indebted if the Indian government help us evacuate our family'
Country's largest airline has set up a centralised unit to minimise disruptions.
Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
Vistara CEO Phee Teik Yeoh discusses the airline's expansion plans and challenges with Alnoor Peermohamed.
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
Vijay Mallya has lost control of his companies.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
The Anti-Terrorism Court (ATC) Gujranwala issued the warrant during a hearing in a terror financing case instituted by the Counter Terrorism Department (CTD) of Punjab police against some members of the JeM.
Belarusian athlete Tsimanouskaya, 24, had been due to compete in the women's 200 metre heats on Monday but said that on Sunday she was taken to the airport to board a Turkish Airlines flight.
The consortium led by SBI has also initiated the process of recovery.
United States President Barack Obama on Friday called for an immediate ceasefire between Ukraine's Russia-backed separatists and the government there after a Malaysian passenger jet was shot down by a missile from rebel-held territory, killing 298 people on board.
The lenders have not ruled out selling the property to recover part of their loans to the company.
With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.
In a market driven by low fares, premium air carriers may have a tough time.
To cement India's position as a preferred global outsourcing destination, the government on Wednesday liberalised guidelines for voice-based BPOs removing the distinction between domestic and international units as well as permitting interconnectivity between all types of OSP centres. Broadly, the rules would allow global companies, say an airline, with a voice-based centre in India to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously. Moreover, the restrictions on data interconnectivity between any BPO (business process outsourcing) centre of the same company, a group company or any unrelated company has been done away with, allowing for massive flexibility in resource management for BPO operations.
The minister said it was important to have a flag carrier.
The condition of over two dozen people who were admitted to the hospital in Kathmandu is said to be serious.
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
For international travel, frequent flyers look at network and Air India's global network is weak.
A total of Rs 30,000 crore was allocated for five years to Air India by the United Progressive Alliance government in its second term.
As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry
When the 'god' is angry, look what happens. Sachin Tendulkar, 'God of Cricket' was annoyed and expressed his displeasure on Twitter. Since then, the social networking site is buzzing.
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
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