The transaction, which values Air Deccan at Rs 155 a share, would be through allotment of non-preferential shares to UB
With the inauguration of a direct flight from Delhi to Srinagar, Deccan Aviation, which operates Air Deccan, on Tuesday announced that the low-cost airline would concentrate on increasing the connectivity within Jammu and Kashmir.
Transcript of the stock market chat held on June 27 with market expert Pranav Sanghavi.
Air Deccan is going to a lot of sectors where nobody is going, places like Dehra Dun, Belgaum, Hubli and Kolhapur, we are very focused on the other India.
Private airline operators stood divided on the conditions that the government should adopt for new entrants with Jet and Sahara seeking stringent norms to keep non-serious players out of the arena, while Deccan Aviation took a contrary position.
A court in Bulandshahr (Uttar Pradesh) has asked the Bangalore Police to ensure the presence of Kingfisher Airlines chief Vijay Mallya before it on October 31 on a pilot's petition alleging that the company was withholding his dues.
New Delhi District Consumer Disputes Redressal Forum, presided by C K Chaturvedi, asked the company to pay Rs 45,792 to Delhi-based family comprising Sandeep Sharma, Navdeep Sharma, Monika Sharma and Poonam Sharma.
Kingfisher Airlines Ltd has been directed by the Delhi High Court to pay Rs 52.61 lakh to a pilot.
SBI, the country's largest lender, had recently issued public auction notices to sell Gopinath's pledged properties
Vijay Mallya has lost control of his companies.