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Vijay Mallya to attend Indian Grand Prix while Kingfisher employees continue lockout - India News - IBNLive

Vijay Mallya to attend Indian Grand Prix while Kingfisher employees continue lockout - India News - IBNLive

Troubled Kingfisher Airlines Chairman Vijay Mallya will be attending the Indian Grand Prix event at Greater Noida later this week. Mallya will be returning at a time when the airline is in the middle of a crisis. The employees of Kingfisher Airlines wanted to speak directly to Mallya on their issues, but they were not given permission to do so.

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n the latest twist to the Kingfisher Airlines crisis, sources on Friday said that the money to revive the cash-strapped airline will come from Vijay Mallya\'s UB Group as there is no investor available in the near term. Kingfisher CEO Sanjay Aggarwal met the Directorate General of Civil Aviation (DGCA) officials on Friday afternoon and will now meet Mallya to

UB Group will fund Kingfisher Airlines\'...

Description : n the latest twist to the Kingfisher Airlines crisis, sources on Friday said that the money to reviv...

Tags : kingfisher airlines, kingfisher, kingfis...

Liquor baron Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be displayed in India, and that it is better to be a multi-billionaire politician in the country. \'I have learnt the hard way that in India wealth should not be displayed. (It is) Better to be a multi-billionaire politician dressed in Khadi,\' Mallya

It\'s better to be a multi-billionaire p...

Description : Liquor baron Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be disp...

Tags : vijay mallya, kingfisher airlines, kingf...

New Delhi: Adding twist to the Kingfisher Airlines crisis, sources said that the airline will not be able to pay the full salaries to its employees. The current monthly salary outgo for Kingfisher Airlines stands at approximately Rs 20 crore. Half of the airline staff were paid their March salaries but for the outstanding salaries, the airline will need Rs 10 crore.

KFA will not be able to pay full salarie...

Description : New Delhi: Adding twist to the Kingfisher Airlines crisis, sources said that the airline will not be...

Tags : Kingfisher Crisis, Kingfisher Airlines, ...

Vijay Mallya who has been at loggerheads with the Scotch Whisky Association (SWA) for over a decade, will now become a member of the UK-based trade body.

“Now I shall embrace all Diageo brands with all my heart and work with the regulators,” the chairman of United Spirits said after

Scotch world’s bête noire Vij...

Description : Vijay Mallya who has been at loggerheads with the Scotch Whisky Association (SWA) for over a decade,...

Tags : business,vijay malya, india news,india, ...

Kingfisher Airlines was once considered a very reputed and reliable Airlines and their service facilitated to passengers was appreciated around the globe. But now, the Vijay Mallya owned Company is sa

Kingfisher employees on strike...

Description : Kingfisher Airlines was once considered a very reputed and reliable Airlines and their service facil...

Tags : Kingfisher Airlines Strike, Airlines, Vi...

The meeting between bankers and management of ailing Kingfisher Airlines on Friday is being considered crucial as it will determine the future course of action by lenders.

Kingfisher management to meet lenders to...

Description : The meeting between bankers and management of ailing Kingfisher Airlines on Friday is being consider...

Tags : Kingfisher Airlines, Kingfisher manageme...

NEW DELHI (Reuters) - Kingfisher Airlines\'<KING.NS> planned investment of 6.5 billion rupees as part of a plan to return the airline to the skies is not enough to restart operations at the troubled

Kingfisher revival plan not enough to re...

Description : NEW DELHI (Reuters) - Kingfisher Airlines\' planned investment of 6.5 billion rupees as par...

Tags : India, Vijay Mallya...

The ailing Kingfisher Airlines on Monday offered to pay one month salary to its employees in 24 hours during a closed-door meet with the representatives of its pilots\' and employees\' unions. Sources said that the airline company further offered to pay the second month salary within a week and the salaries for the third month before Diwali. However, the staff

Kingfisher Airlines offers to pay a mont...

Description : The ailing Kingfisher Airlines on Monday offered to pay one month salary to its employees in 24 hour...

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For Kingfisher employees, time and patience is running out

For Kingfisher employees, time and patie...

Description : For Kingfisher employees, time and patience is running out ...

Tags : kingfisher,indian airlines,airlines,flig...

Watch KFA aircraft seized by service tax dept video online at Times of India. View free KFA aircraft seized by service tax dept video clips online, most viewed KFA aircraft seized by service tax dept videos at Times of India Videos.

KFA aircraft seized by service tax dept ...

Description : Watch KFA aircraft seized by service tax dept video online at Times of India. View free KFA aircraft...

Tags : KFA aircraft, Kingfisher, Airlines, Vija...