Stocks and Finance

Kingfisher

Kingfisher 5/10/2012

02:19 : Kingfisher pilots not to fly from tonight as salaries delayed: Sources - Kingfisher pilots not to fly from tonight as salaries delayed: Sources A section of Kingfisher Airlines pilots reported sick today in protest against non-payment of salaries, PTI sources said.

Kingfisher 4/21/2012

05:35 : Kingfisher Airline's engineers strike work over dues - Kingfisher Airline's engineers strike work over duesAround 200 engineers struck work protesting non-payment of salaries despite the airline's earlier claim that all the staff had been paid.

Kingfisher 4/11/2012

04:03 : 49% FDI in aviation: Will govt provide relief to the ailing sector? - 49% FDI in aviation: Will govt provide relief to the ailing sector?An immediate beneficiary could be Kingfisher, whose owner Mallya recently said the revival of his airline depends on government policy.

Kingfisher 4/6/2012

03:06 : Vijay Mallya's Antiquity Whisky Bags Silver Award at World's Largest Liquor - Vijay Mallya, the beleaguered chairman of The United Breweries (UB) Group and Kingfisher Airlines, has something to cheer about after a long time: One of his flagship brands in the liquor business, Antiquity Whisky, has bagged the silver ...
Source : ibtimes-com

Kingfisher 4/4/2012

05:53 : Kingfisher Airlines asked to pay Rs 600 million in service tax soon - Kingfisher Airlines asked to pay Rs 600 million in service tax soonTax authorities have asked debt-laden Kingfisher Airlines to clear service tax dues of Rs 600 million ($11.84 million) at the earliest.

Kingfisher 4/3/2012

03:48 : Vijay Mallya Successfully Persuades Kingfisher Staff To Withdraw Ultimatum - Kingfisher Airlines staff on Tuesday withdrew their ultimatum to the management for the payment of outstanding salaries after a meeting with chairman Vijay Mallya.
Source : ibtimes-com
02:28 : Kingfisher Airlines Staff Set Deadline for Vijay Mallya; Threatens to ... - The Kingfisher Airlines staff had set deadline for Chairman Vijay Mallya to clear all their outstanding salaries. They threatened that they would stop working and take to the streets if the airlines fail to meet their deadline, that ...
Source : ibtimes-com
01:30 : Kingfisher Airlines staff withdraws strike threat - Kingfisher Airlines staff withdraws strike threatThe staff said that they believe in Mallya's reassurances and that the salary payments will be made according to the schedule announced by him via e-mail.
00:23 : Airline staff ready shift to IT, BPO jobs without jump in salary - Airline staff ready shift to IT, BPO jobs without jump in salaryEmployees with various airlines are making a dash for the exit with Kingfisher Airlines in trouble and job prospects in the sector looking bleak.

Kingfisher 4/2/2012

20:44 : Kingfisher Airlines' staff may stop work if arrears not cleared by today - Kingfisher Airlines' staff may stop work if arrears not cleared by todayVijay Mallya's commitment to resume paying salaries cut little ice with an increasingly restive workforce who responded by threatening to stop work.
05:49 : Kingfisher Airlines to Clear Salaries of Its Employees; Staff Targets ... - Chairman of Kingfisher Airlines and liquor baron Vijay Mallya had written to his visibly annoyed staff about their undue salaries. He had assured that the cash-strapped airlines will resume paying overdue payments starting this week.
Source : ibtimes-com

Kingfisher 3/28/2012

17:14 : Kingfisher Airlines CEO May Sell Stake In United Breweries To Raise Cash - Forbes billionaire Vijay Mallya is having a rotten year. The CEO of ailing Kingfisher Airlines is considering selling of a portion of his stake in United Breweries to raise cash for his airline. As it is, Kingfisher ...
Source : forbes-com
15:56 : Vijay Mallya may sell United Breweries stake to save Kingfisher Airlines - Vijay Mallya may sell United Breweries stake to save Kingfisher AirlinesPeople close to Mallya told ET that talks have begun with Heineken to sell a portion of the 40.57% stake owned by United Breweries Holdings,
01:30 : Makemytrip removes Kingfisher Airlines from opaque fares scheme - Makemytrip removes Kingfisher Airlines from opaque fares schemeKFA has been trying to hard-sell its tickets through this route as it has lost passengers due to abrupt cancellations and a loss of customer confidence.

Kingfisher 3/27/2012

21:02 : Kingfisher Airlines shuts half its operations, staff told to stay home - Kingfisher Airlines shuts half its operations, staff told to stay homeTechnically not laying off employees, Kingfisher termed this arrangement a 'holding pattern' till such time as the airline is fully capitalised.
05:52 : Kingfisher Airlines Likely to Lay-off its Employees: Sources - Kingfisher Airlines has been receiving brickbats from all the directions over its massive cut down in its flight operations, undue payments of salaries and outstanding tax amounts, owing to the debt crisis airlines is now mulling to ...
Source : ibtimes-com
05:43 : Kingfisher: No layoffs for now, 20 dedicated planes to operate - Kingfisher: No layoffs for now, 20 dedicated planes to operateKingfisher Airlines has announced that its immediate priority is to access funds to pay outstanding salaries.
00:52 : ICICI seeks more security for Kingfisher Airlines loan - ICICI seeks more security for Kingfisher Airlines loanICICI has asked Kingfisher to provide more collateral for loans given to it or face cut in credit even as Mallya prepares to present revival plan. Quote

Kingfisher 3/25/2012

08:34 : Kingfisher Airlines Agrees To Clear Rs 10 Crore Of Service Tax Dues - Central Board of Excise and Customs (CBEC) chief S K Goel on Sunday said that the ailing Kingfisher airlines had agreed to clear Rs.10 crore of its whopping Rs.76 crore service tax due, in service tax arrears which it has already collected ...
Source : ibtimes-com

Kingfisher 3/24/2012

18:54 : Vijay Mallya's looking at TINA to save Kingfisher Airlines - Vijay Mallya's looking at TINA to save Kingfisher AirlinesFor its part, Kingfisher plans to run as a smaller, leaner airline without the frills for now, until equity comes in, according to a company insider.
01:34 : Portals sell Kingfisher tickets at discounts, without disclosing airline ... - Portals sell Kingfisher tickets at discounts, without disclosing airline nameThese days, some travel portals are offering huge discounts on Kingfisher Airlines tickets without revealing the name until the payment is made.

Kingfisher 3/22/2012

04:23 : Kingfisher FY Profits Soar, Aims to Emerge as Industry Leader - Kingfisher, the home improvement retailer, has reported a rise of 3.3 percent in its sales for the FY 2011 on a constant currency basis and rose 3.6 percent to £10.8 billion on a reported rate basis sales.
Source : ibtimes-com
03:00 : Kingfisher net profit up 30%, sales rise slightly - MADRID (MarketWatch) -- Do-it-yourself retailer Kingfisher PLC on Thursday reported a 30% rise in full-year profit on higher sales amid growth in its three main operating divisions. Net profit for the full year ended Jan. 28 rose 30% ...
Source : marketwatch-com

Kingfisher 3/21/2012

18:46 : Rivals gain market share as Kingfisher Airlines suffers - Rivals gain market share as Kingfisher Airlines suffersAs debt-laden Kingfisher Airlines' troubles mount, its rivals have a cause to cheer as they begin to gain market share and pricing power.
04:26 : Kingfisher scraps international flights - Decision to halt overseas flights comes hours after India’s aviation minister warns the carrier will lose its licence if its financial problems are not resolved
Source : ft-com
03:12 : Kingfisher to Deliver Robust FY Earnings, on Track to Emerge as Industry ... - Kingfisher, the home improvement retailer is keen on to re-position its business as the industry leader and expects to deliver FY profits in line with analysts' expectations for the year ended January 28, 2012 on Thursday.
Source : ibtimes-com

Kingfisher 3/20/2012

18:37 : Kingfisher Airlines to halt foreign flights; Ajit Singh talks tough - Kingfisher Airlines to halt foreign flights; Ajit Singh talks toughKFA teetered on the edge, fast losing support of both the govt and DGCA and unable to come up with a credible plan to revive its flailing fortunes.
08:25 : Govt Warns Kingfisher Airlines of Canceling Its License - Kingfisher Airlines could get into more trouble with the civil aviation minister warning to strip off its license if the airline fails to meet the safety norms and financial viability conditions.
Source : ibtimes-com
06:11 : Kingfisher Airlines to stop all international flights by April 10 - Kingfisher Airlines to stop all international flights by April 10Flights to Dubai, Colombo, Kathmandu, Bangkok will stop operating by this Sunday. It has already shut its Hong Kong and Singapore divisions.

Kingfisher 3/19/2012

23:20 : Sensex gains 0.3% in early trade; Kingfisher hits 52-wk low - Sensex gains 0.3% in early trade; Kingfisher hits 52-wk lowThe BSE Sensex rose as much as 0.3 per cent early on Tuesday with HDFC, L&T and HUL leading the gains.
actualidad Kingfisher -


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