Following the market buzz, the stock opened the day on a bullish note and further jumped 6.13 per cent to Rs 590 on the Bombay Stock Exchange.
Shares of Jet Airways on Monday soared by over 18 per cent to touch a one-year high level amid reports of talks between the airline and United Arab Emirates' Etihad Airways for stake sale.
The association also wondered how the brand value of Kingfisher was considered as a collateral while sanctioning a loan, and alleged that even when RBI knew that this was a "deliberate default", no action was taken by the banks.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
A summary of sports events and persons who made news on Saturday
The company's exposure relating to Kingfisher Airlines is under various accounts including corporate guarantees to banks.
Out of the total amount, Rs 17,359.77 crore is aircraft loan, while Rs 31,517.04 crore is working capital loan.
The president, however, implied about declaring a national emergency if the Congress did not approve a funding for the wall by February 15.
Embattled liquor tycoon Vijay Mallya claimed on Sunday that Prime Minister Narendra Modi's statement in a recent interview confirming the recovery of Rs 14,000 crore worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the Bharatiya Janata Party-led government.
A Hindu Mahasabha leader and two other lawyers, who were allegedly in an inebriated state, have been arrested on charges of harassing the crew and passengers of a Chennai-bound flight before it was to take off from Coimbatore on Wednesday night.
Qatar has tried to make itself more attractive to tourists and launched a "Summer in Qatar" initiative this year to try to attract visitors during the brutally hot months of June, July and August.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
Another 8 pm prime ministerial speech. Will this one too lead to a scramble and chaos like his previous 8 pm telecasts?
The order, with a cumulative value of $18 billion, is the single largest commercial airplane order in Boeing's history by dollar value.
Likely to rake up the issue of open offer exemption.
Mallya, whose Kingfisher Airlines owes money to several banks, had on Thursday said he will challenge UBI's decision to declare him a willful defaulter.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
Newly released audios in the run-up to 10th anniversary of the 9/11 terrorist attacks in the United States offer a chilling glimpse of just how unprepared the country was for the air tragedy.
The alleged mastermind of the 9/11 attacks, Khalid Sheikh Mohammed, will be tried in a military commission at the Guantanamo Bay terrorist detention center along with four suspected co-conspirators, the Pentagon said.
Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
Rashid Rauf, the terror mastermind believed to be behind the 2006 trans-Atlantic plane bombing plot, and another top al Qaeda operative were among five militants killed in a United States missile attack on Saturday which hit the house of a prominent Taliban commander in Pakistan's troubled north-west.Rashid Rauf, a British-Pakistani citizen, was one of two of the suspected ringleaders of the al Qaeda London Airline plot to destroy the aircraft en route to the United States.
The employees have alleged that Mallya, who has been giving them false promises, has been able go away scot free by eliciting "political favours".
The Supreme Court has rejected an appeal by Vijay Mallya to overturn charges against him for allegedly violating foreign exchange rules, adding to the legal challenges facing one of the country's most prominent businessmen.
The World Airport Awards are based on the results from 9.8 million questionnaires completed by 100 different nationality of airline passengers in 2009/2010.
Union Home Secretary Rajiv Mehrishi raised the issue of early completion of the extradition process of Mallya, during his talks in New Delhi with his UK counterpart Patsy Wilkinson, the second permanent secretary in the British home office.
The Naresh Goyal-promoted airline, which is beginning flights to London from May 23, will launch its flights to Newark via Brussels a month later, chief executive officer Wolfgang Prock-Schauer told reporters in Mumbai.
Former United States President George W Bush gave orders to shoot down planes on 9/11, his new book has revealed.
ED has approached the MEA seeking initiation of deportation.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
The US and China have sparred over the origin of the virus for days, with a Chinese official promoting conspiracy theories.
Diageo asks Mallya to quit USL board; alleges fund diversion
Doubts about Force India being able to race at Spa, the first Grand Prix since the August break, emerged on Wednesday with reports of legal complications.
In a ruling in May, a UK high court judge had refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that the consortium of 13 Indian banks were entitled to recover funds amounting to nearly 1.145 billion pounds.
The US Federal Aviation Administration has yet to certify Epic's planes. The company manufactures private business jets with single and twin engines, capable of carrying six to seven people.
The government, he said, will leave no stone unturned to bring to justice anyone indulging in financial irregularities.
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