SBICAP Trustee Company has sold 1.69 crore (16.9 million) shares worth over Rs 4.52 crore (Rs 452 million) of crisis-ridden Kingfisher Airlines. Post sale, SBICAP's stake in the grounded carrier......
Public sector lenders’ attempts to recover their Rs 6,000-plus crore (Rs 60 billion) from grounded Kingfisher Airlines have again hit a block, with no serious bids for the carrier’s......
Lenders have initiated the process of selling Kingfisher Airlines (KFA) brand to recover their dues. The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt......
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Lenders to Kingfisher Airlines have taken possession of Kingfisher House, the airline’s headquarters near Mumbai airport, after the guarantors -- chairman Vijay Mallya and United Breweries......