At NSE, shares plunged 14.82 per cent to hit one-year low of Rs 106.30.

It couldn't be immediately ascertained whether Goyal has partnered with any entity or airline for the bid.

The Congress said this bailout of a private airline was being done "in a tearing hurry" by the same Modi government which was trying to pri...

Though government failed to find a single bidder for the debt-ridden national carrier, each floor of the 23-floors Air India tower is a cas...

Spicejet surged over 13% in trade following reports that foreign airlines have shown interest in buying stake in debt-ridden airlines.

United Bank of India has already declared Kingfisher a wilful defaulter while SBI, PNB and IDBI have initiated such a move.

In a statement, the Vijay Mallya-owned company said, "KFA and its directors will vigorously challenge the decision of UBI."

Shares of Kingfisher Airline surged higher in early trade on reports that the debt-ridden airline may sale stake to Eithad Airways.

Expert said that unless both the promoters of Kingfisher infuse equity of around $600-650 mn, no foreign carrier is expected to invest in i...

Close on the heels of its pilots going on strike demanding salaries, a section of Kingfisher Airlines engineers did not report for work tod...

Kingfisher promoter Vijay Mallya today said many have expressed interest in investing in his debt-ridden airline.

Air India is mulling direct import of jet fuel as costs have soared by about 40 per cent in the 11 months of the current financial year, de...

The government defended state-run lenders' exposure to Kingfisher Airlines and said that loans worth Rs 6,419 crore to the carrier were not...

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

Debt-ridden Air India is likely to get a fresh lease of life as the Civil aviation ministry has recommended an infusion of Rs 2,000 crore i...

The industry ministry is not in favour of allowing foreign airlines to buy stake in Indian carriers on the ground that the sector is sensit...

The industry ministry is not in favour of allowing foreign airlines to buy stake in Indian carriers on the ground that the sector is sensit...