SFIO smells a rat in Rose Valley''s books

Wednesday 15 May '13

SFIO is probing Rose Valley and is looking into a web of intra-group transactions including loans to Gautam Kundu.

Etihad CEO Hogan, 2 others may get seats on Jet board

Wednesday 1 May '13

Etihad has agreed to pick up 24% stake in Naresh Goyal-owned airline for $379 mn last week.

Air India understated losses by Rs.2,842.5 cr: Audit report

Tuesday 16 April '13

Struggling carrier Air India understated losses by Rs.2,842.5 crore in 2011-12, says an audit report.

AirAsia must first prove it can fly high on low-fare biz model

Wednesday 10 April '13

AirAsia is planning a three-way joint venture with Tata Sons.

United Breweries Limited must release pledged shares before Diageo deal

Friday 5 April '13

United Breweries, the promoter of United Spirits, will have to make sure that its shares in USL, which are pledged to lenders, are released before a proposed sale to Diageo Plc, the world''s largest l...

Air India''s Dreamliners get new lease of life, batteries

Saturday 9 March '13

Air India's six Boeing 787 aircraft, which are currently grounded, will start getting retrofitted with new battery units.

Kingfisher Airlines' 500 employees leave as revival hopes fade

Friday 8 March '13

With no signs of revival, the grounded Kingfisher Airlines is witnessing an exodus of employees.

Cos resort to distress sales of non-core assets

Friday 15 February '13

While 2012 saw 374 deals, higher than 357 in 2011, value of deals fell to $13 bn from $33 bn.

Essar Steel to raise R3,000-cr convertible debt

Saturday 1 December '12

The Ruias-owned Essar Steel, which is reeling under a debt burden of Rs.23,500 crore, has asked its board to explore the possibilities of raising up to R3,000 crore via convertible debt instruments f...

Diageo deal not yet plus for Kingfisher

Saturday 10 November '12

Diageo deal could bring nearly Rs 2,400 crore to the balance sheet of United Breweries.

Kingfisher paying salary selectively, allege staffers

Tuesday 17 July '12

Pilots claim salaries of only those employees who have disrupted flights have been cleared.

Mallya assures banks of roping in investor

Saturday 19 November '11

Vijay Mallya, chairman of the loss-making Kingfisher Airlines, is understood to have indicated to bankers that the company would soon be roping in a financial investor.