The government has not approved a bailout for beleaguered Kingfisher Airlines and no state-run bank has given it a fresh loan, official sai...

Omar Abdullah expressed hope that the Centre and his government will work out a mechanism to improve the financial health of cash-strapped ...

The ailing carrier had till late last evening failed to file a report on the number of flights it had cancelled since Friday night to the D...

Shiv Sena executive president Uddhav criticised the Maharashtra government for allowing SICOM to provide loan to Kingfisher

Beleaguered Kingfisher Airlines would have to wait some more time for relief as its lenders continued deliberations today towards resolving...

'Bankers want more information on their fleet, equity, continuation of fuel supply. Banks can come in as lenders not promoter.'

Mallya said that Kingfisher was undertaking steps to reduce interest cost, streamlining of existing fleet order & has applied for direct im...

Mallya rubbished talks of shutting down Kingfisher and tried to put up a brave front as the airline suffered a bigger second-quarter loss.

Shares of Kingfisher Airlines today gained over 2 per cent on the BSE even as scrips of its sister concerns.

Prime Minister Manmohan Singh had said that steps would have to be taken to help the private sector entities if they get into difficulties.

"In fact the losses incurred by Kingfisher should be recovered from the earnings of UB Group, which is also owned by Mallya," Yadav said

In the wake of the Kingfisher crisis, the real question is: will the King of Good Times be able to find a new set of willing lenders to ban...

What the airline is hoping for is more of what it got a year back: banks will 'restructure' its debt, currently estimated at around Rs 7,00...

Vijay Mallya, blaming the system of airlines in the country being overtaxed, overcharged, added govts abroad had "gone out of the way" to s...

A possible government intervention through state-owned banks may help Kingfisher tide over one of its biggest problems today.

More than Rs 60,000 crore of debt and no scope for any dramatic improvement in the situation was the quandary Indian airlines were facing w...

State-run Indian Oil Corp (IOC) has encashed a Rs 50 crore bank guarantee after a cheque issued by Kingfisher Airlines towards fuel dues bo...