Confronted by growing losses, Kingfisher Airlines, part of the UB Group, the brewery and liquor giant, has hired Seabury Aviation & Aerospace, a US-based company, to advise on its restructure and......
Once the due diligence is complete, a financial bid will be submitted and a deal to take over the airline is likely to fructify by end of this year or even earlier. Tata Sons has started the......
Tata Sons is the front runner to take over the national carrier, which has accumulated losses of over Rs 70,000 crore till March 31, 2020. The central government has agreed in-principle to Air......
Private carrier Air Sahara is likely to soon shortlist two or three most attractive offers it has received on equity participation to raise $100 million for their expansion plans. "We are......
To celebrate 50 years of Berkshire Hathaway, its founders, Warren Buffett and Charlie Munger write about the time gone by. Image: A Berkshire Hathaway shareholder poses with cartoon figures......