The fresh offer was being made "in the interest of overall settlement" though the validity of the corporate guarantee of UB Group and his p...

The trademarks include the tag lines 'Fly the Good Times', 'Funliner' and 'Fly Kingfisher' in addition to the brand name and the logo.

Banks moved the Supreme Court on Tuesday seeking the arrest of Vijay Mallya over the recovery of loans worth Rs 9,000 crore.

If the real interest rates have to be brought down, the only way to do that is via CRR, said Pratip Chaudhuri, SBI.

Our recommendation to the RBI would be to make a 0.5% cut in CRR and a similar cut in the repo rate, says Pratip Chaudhuri of SBI.

"It is full monetary transmission because as per our calculation, the savings coming from the cut in CRR and the repo rate would be approxi...

In yet another blow to Kingfisher Airlines, lenders on Monday refused to give more funds to Kingfisher and demanded partial repayment of du...

Banks have little hope of foreign investors picking up stake in the airline. They are likely to summon Mallya next week to know his plans.

Sushmita Chakraborty, the 45-year-old wife of Manas Chakraborty, died by her own hands on Thursday at her home in Dwarka in Delhi, police s...

Faced with a slump in demand for funds from corporates, public sector banks are stepping up the gas on retail loans with combo offers.

According to lenders, Mallya did not offer any concrete revival plan as he could not commit on equity infusion by promoters.

KFA has not yet come up with any concrete plan to revival plans, said Pratip Chaudhuri. Mallya could still raise funds from his assets, the...

SBI chief said, "Mallya could look at unlocking value from other non core businesses like Mangalore Fertilisers.".

The 18-bank consortium of lenders to Kingfisher Airlines is likely to meet next week to take a call on the debt-ridden carrier's call for a...

The drastic step comes in lieu of Kingfisher's operational fleet being reduced to 16 planes. The current employee strength of the ailing ai...

Over the next two years, Kingfisher plans to raise close to Rs 900 crore by selling Kingfisher House, the airline’s headquarters and other ...

KFA's board will consider a proposal to cut debt by more than half by selling property, converting loans into equity. Stock price